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7 Lexington Avenue 5ENew York, NY 10010

For Sale

$675,000

Smart Buyer Rebate $4,375

Elegant Prewar Studio in Park Gramercy!

Residence 5E at 7 Lexington Avenue is a sun-filled studio in the iconic Park Gramercy, featuring soaring beamed ceilings, hardwood floors, and a smart raised platform ideal for sleeping or dining.

The kitchen offers stainless steel appliances, granite countertops, and slate flooring. Three large closets plus a separate dressing area provide exceptional storage rarely found in a studio.

Full-service amenities include a 24-hour doorman, roof deck with city views, bike room, and storage. Ideally located near Gramercy Park, top restaurants, and multiple subway lines.

A classic New York studio with modern comfort in one of Manhattan’s most desirable neighborhoods.

Don’t miss out... schedule your private showing today.

Listed by ELKIN J SERNA

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Compass

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(917) 578-9551

Last updated April 03, 2026

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Source: REBNY #RLS20039033

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodGramercy Park
  • Bathrooms1
  • Days on Prevu254
  • HOA/Maint. Fees$1,625/month

Amenities

  • Dishwasher
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

03/27/2026
Price Decreased
$675,000
01/15/2026
Price Decreased
$700,000
11/18/2025
Price Decreased
$750,000
09/03/2025
Price Decreased
$785,000
07/24/2025
Listed by Compass
$800,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $675,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 7 Lexington Avenue 5E

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $1,625.00 Monthly

Exterior

Construction

  • Number Of Units Total: 93
  • Stories Total: 12
  • Structure Type: High Rise
  • Year Built: 1951
  • Building Name: The Park Gramercy
  • Entry Level: 5

Features

  • Building Features: Elevator(s)
  • View: City

Measurements

  • Lot Size Dimensions: 74
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0877-0067-00007-000-000005E

Interior

Features

  • Appliances: Dishwasher, Range, Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Interior Features: Granite Counters

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Gramercy Park
  • Tax Block: 00877
  • Tax Lot: 0067

Utilities

Equipment

  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 7 Lexington Avenue 5E.

Are pets allowed at 7 Lexington Avenue?

Yes, 7 Lexington Avenue allows pets. Check the Property Details for any relevant restrictions.

How does 7 Lexington Avenue 5E compare to other co-ops in Gramercy Park?

This co-op is listed 47% below the average price for co-ops in Gramercy Park and has been on the market for 129 more days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the The Park Gramercy building.

7 Lexington Avenue 5E is a -bedroom, 1-bath co-op for sale in New York NY 10010. Available on Prevu for 254 days at $675,000. This includes a recent price decrease of $25,000. This home is located in Gramercy Park. The median listing price for co-ops in this area is $1,272,500. The home offers dishwasher, pets allowed, and doorman. View other co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.