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There are 4 apartments for sale/rent at 4 Lexington Avenue (last updated on Sep 23, 2022)

Sage House, 4 Lexington Avenue

Co-op located in Gramercy Park, between East 21st Street & East 22nd Street

Description of Sage House at 4 Lexington Avenue

Sage House was built in 1913 for the Russell Sage Foundation, a social welfare nonprofit that was an early advocate of social work and urban planning. Renowned architect Grosvenor Atterbury designed the building in the style of a Florentine Renaissance palazzo and included vaulted ceilings with a rough-cut red sandstone faade with carved decorative shields. It was converted to residential use in 1975, and residents have access to a 24-hour doorman, live-in resident manager, laundry room, bike room, and storage. The building is pet-friendly, allows up to 80% financing, and permits pied-a-terres and gifting. The building also has a liberal subletting policy available after 1 year of ownership with board approval.

Sage House is located at 4 Lexington Avenue near fine dining, the Gramercy Park Hotel, Union Square Park, Madison Square Park, and the transportation options near each.

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Building Facts

  • Year Built: 1912
    Converted Year: 1975
    Building Type: Co-op
    Neighborhood: Gramercy Park (Manhattan)
    Minimum Down Payment: 10%
  • Total Apartments: 160 160
    Total Floors: 11
    Doorman: FT Doorman
    Pets: Allowed

Apartment Pricing Stats

Avg. Price / ft2
Avg. Price / ft2

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Bike Room
  • Live-In Superintendent

Apartments for Sale at 4 Lexington Avenue (3) View history of all units

3
Available Apts
$439K - $1.595M
Price Range
$791
Avg. Price / ft2
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Apartments for Rent at 4 Lexington Avenue (1) View history of all units

1
Available Apts
$3,500
Prices Start At
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Sage House: Rating

23
Out of 44

Architecture Rating: 23 / 44

+
28
Out of 36

Location Rating: 28 / 36

+
13
Out of 39

Features Rating: 13 / 39

+
8
=
72

CityRealty Rating Reference

 
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
  • #10 Rated co-op - Gramercy Park
 

Carter Horsley's Review of Sage House

Carter Horsley's Building Review
"Sage House is an extremely handsome, pre-war office building that was erected in 1912 for the Russell Sage Foundation at 4 Lexington Avenue on the southeast corner at 22nd Street. 

It was sold in 1949 to Catholic Charities and in 1975 it was converted to residential use. " Read Carter's Full Review
Pros
  • Architecture masterpiece
  • Sidewalk landscaping
  • Some multi-level units
  • Close to Madison Square Park
  • Convenient to many restaurants
  • Excellent public transportation
  • Very close to Gramercy Park
  • Dramatic lobby
  • Doorman
  • Close to Subway
Cons
  • Many apartments
  • No fitness center
  • No roof deck

Broker & Buyer Comments

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Subways

  1. 6
at Park Ave 0.08 miles
  1. N
  2. R
at Broadway 0.25 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.33 miles
  1. M
  2. F
at 6th Ave 0.46 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$564,474
Avg. Price
Based on 13 Sales
 

Closing History - Last 10 sales

10
Units Sold
$267K - $935K
Price Range
$812
Avg. Price / ft2

Pricing Comparison of Similar Buildings

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