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7 Lexington Avenue
Last updated on May 17, 2026

Park Gramercy,
7 Lexington Avenue

An early post-war mid-rise building near Gramercy Park with elegant proportions and many corner windows. Located close to public transportation, trendy restaurants, and popular attractions in the Flatiron District and Madison Square Park area. Currently, 4 apartments are for sale.

7 Lexington Avenue Location Map
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
Sold on
Show More Closed Sales

Overview of Park Gramercy at 7 Lexington Avenue

Park Gramercy is a 12-story building erected in 1948 and converted to a cooperative in 1991. It is located one block north of historic Gramercy Park, offering a prime location near the Flatiron District, Madison Square Park, and multiple subway lines. The building's recessed central portion allows for many corner windows, enhancing natural light and views.

The building offers a range of amenities including a 24 hour doorman, a roof deck with city views, a live-in super, central laundry facilities, and bicycle storage. It functions like a condominium with a quick approval process and no restrictions on subleasing, making it attractive for investors and pied-Ă -terre buyers.

Apartments in Park Gramercy vary from studios to larger units, many of which have been recently renovated. Common features include high beamed ceilings, hardwood floors, and modern kitchens with stainless steel appliances. Some units offer unique features such as separate dressing areas, large closets, and windowed kitchens and bathrooms. The building is pet-friendly and allows for flexible purchasing options, including foreign buyers and parents buying for children.

The building has been home to notable residents such as Alan Cumming, adding to its allure. Its proximity to Gramercy Park, the Gramercy Park Hotel, and renowned restaurants like Gramercy Tavern and Eleven Madison Park make it a desirable location for those seeking a vibrant urban lifestyle.
Doorman
Full Time
Type
Co-op
Year Built
1948
Converted: 1991
Apartments
Floors
12
Pets: Allowed
Neighborhood
Min Down
10%

Amenities

  • FT Doorman
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies
{ "key" : "AIzaSyDquABdSLhathmwfnoTcYwA1BY6coZZyZk", "lat": 40.73855, "lng": -73.98507, "marker": { "icon": "https://img3.cityrealty.com/neo/i/w/amenities/base.png" } }

  1. 6
at Park Ave 0.12 miles
  1. N
  2. R
at Broadway 0.29 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.35 miles

Pros & Cons

  • One block north of Gramercy Park
  • One block from cross-town buses
  • Adjacent to the Flatiron District and its many restaurants and boutiques
  • Very close to two different subway lines
  • Many corner windows
  • Very attractive street
  • Doorman
  • No health club
  • No sundeck
  • No garage
  • No keys to Gramercy Park

CityRealty Rating

16
/44
Architecture
+
27
/36
Location
+
10
/39
Features
=
53
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Sales History

Price/Room (Est)

Why are we displaying the estimated price per room?

For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.

By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.

Price/Ft2 (Est)
View Full Closing History

Sales Summary

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Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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