$675,000
For Sale
- ft²
3 rooms
Studio
1 bath
Condop
- Gramercy Park
Resale
This home has been saved by 52 users.
Listing by Compass, Corporate Broker, 110 5th Avenue, New York, NY 10011
Maintenance fees
$1,626/mo
Estimated payment
$5,617/mo
Taxes
Included in maintenance fees
Tax abatement
No info
About
Seller’s agent
description
Your First Home in the Heart of Manhattan.
Welcome to Residence 5E at 7 Lexington Avenue, a spacious and thoughtfully designed studio in the iconic Park Gramercy, an ideal opportunity for first-time buyers looking to put down roots in a prime downtown location.
This inviting home features classic prewar details like high beamed ceilings and hardwood floors, paired with a smart layout that truly works.
Policies
Pets allowed
Cats and dogs allowed
Home features
Dishwasher
Hardwood floors
View
City
Building amenities
Services and facilities
Bike room
Concierge
Doorman
Full-time
Elevator
Laundry in building
Live-in super
Storage space
Wellness and recreation
No info on wellness and recreation
Shared outdoor space
Roof deck
About the building
The Park Gramercy
7 Lexington Avenue, New York, NY 10010
93 units
12 stories
1951 built
For sale
5 available units for saleFor rent
2 available units for rentDocuments and permits
View documents and permitsProperty history
- Price Change: ↓ $25,000 (-3.6%) on 3/26/26
- Days on market: 261 days
| Date | Price | Event |
|---|---|---|
3/26/2026 | $675,000 | Price decreased by 4% |
1/15/2026 | $700,000 | Price decreased by 7% |
11/18/2025 | $750,000 | Price decreased by 4% |
9/3/2025 | $785,000 | Price decreased by 2% |
7/24/2025 | $800,000 | Listed by Compass |
Past listing photos
Sign in to take a closer look at how this home compares to similar homes.
Explore Gramercy Park
Transit
| Location | Distance |
|---|---|
6at 23rd St | 0.1 miles |
RWat 23rd St | 0.26 miles |
LNQRW456at 14th St–Union Square | 0.31 miles |
6at 28th St | 0.33 miles |
Lat 3rd Av | 0.37 miles |
About Gramercy Park
Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.
SalesMedian asking price
Studio
$599K
RentalsMedian asking base rent
Studio
$3,872
In the early 20th century, Gramercy Park was synonymous with luxury. Some of the most prominent New Yorkers lived in grand houses along the neighborhood's eponymous park. Today, Gramercy Park is a brief respite from the hustle and bustle of Downtown Manhattan that still retains an old-world vibe. It's not uncommon to see residents dressed in tweed and loafers tottering down Irving Place, a quiet commercial stretch that offers a mix of local shops, restaurants, and pubs. As you head further east, the avenues get busier and more generic.
Gramercy's side streets are lined with walk-ups and large apartment buildings and are more casual than the blocks surrounding the actual park, attracting residents looking for a quintessentially nice New York City neighborhood.



































































