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Park Gramercy, 7 Lexington Avenue, #PHG

$1,375,000 ($1,528 per ft2) | 1 bed, 1 bath | Approx. 900 ft2
Building Profile  | 
43 days on Market

Key Details

  • Listed: Jun 10, 2024
    Last Price Change: ($45,000) on Jun 20
    Days on Market: 43
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 277 times
Monthly Maintenance: $2,333 ($2.59/ft2)
Est. Monthly Mortgage: $8,167
Total Est. Monthly Carrying Cost: $10,500 ($11.67/ft2)
Note: the above is based on a down payment of 10% ($137,500), which is the minimum amount permitted by the building.

Description

CONDO RULES WITH NO MORTGAGE TAX! Gorgeous in Gramercy Park in this corner oversized 1 bedroom penthouse atop the notable Park Gramercy. From the top floor, enter this gracious home’s foyer and into the corner living room with sunny open city views through large windows facing north and east. Windowed dining area features overhead lighting and easily seats 8 or more.

The open windowed kitchen has been elegantly updated with classic custom cabinetry and stainless steel appliances, including a french-door refrigerator. Windowed bath features a step-in glass shower, pedestal sink, and crisp black-and-white details. Finally, the oversized bedroom also features a sunny southern corner of windows, multiple closets and plenty of space for quiet repose, even a peek at beautiful Gramercy Park.

Through-wall air conditioning and multiple closets. Just one flight upstairs, The Park Gramercy offers a delightful furnished roof deck with sweeping metropolitan views both uptown and down. The building, which has NO BOARD INTERVIEW, features a gracious marble lobby attended 24 hours a day by a wonderful staff and a marvelous Super. Subleasing and parents buying with/for children permitted.

This special home at the foot of Lexington Avenue is a stone’s throw from the World’s Most Famous private park and checks every box. Welcome home!

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Pricing History

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About Park Gramercy, 7 Lexington Avenue

53

Park Gramercy, 7 Lexington Avenue has received a CityRealty Rating of 53, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

16
Out of 44
+
27
Out of 36
+
10
Out of 39
=
53
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1991
  • FT Doorman
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • 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
Cons
  • No health club
  • No sundeck
  • No garage
  • No keys to Gramercy Park
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Subways

  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

Other Apartments Available in this Building (2)

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