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Park Gramercy

Park Gramercy

Park Gramercy
Cooperative Building
7 Lexington Ave
New York, NY 10010-5517
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

93 Units
12 Stories
1951 Year Built
$607K - $1.5M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Rooftop Deck
  • City View
  • Elevator
  • 5 min walk to Peter's Field

Modern Living in Historic Gramercy Park

Park Gramercy is a 12-story condominium building located in the heart of the Gramercy Park neighborhood. Constructed in 1951, this building offers 93 units, providing a blend of modern convenience and classic New York charm. The building's location, just steps from the iconic Gramercy Park, places it in one of Manhattan's most desirable areas, known for its serene atmosphere and vibrant community.

Versatile Layouts with Luxurious Touches

Park Gramercy offers a range of floor plans to suit various needs, from studios to three-bedroom layouts. Studio units, ranging from 550 to 659 square feet, feature high ceilings, hardwood floors, and ample storage space, with rents around $3,500 per month. These units often include separate dressing areas and windowed kitchens, providing a spacious and functional living environment. One-bedroom units, sized between 850 and 953 square feet, are available for sale from $1,185,000 to $1,530,000. These units boast features such as beamed high ceilings, hardwood floors, and custom-designed kitchens with high-end appliances like Miele and Sub-Zero. Many one-bedroom units also include separate dining areas, home offices, and multiple exposures for abundant natural light. The two-bedroom units, approximately 1,700 square feet, offer 2.5 bathrooms and rent for around $10,800 per month. These expansive residences include large living rooms, primary bedrooms with en-suite baths, and home offices. High-end finishes such as oak plank floors, deep soaking tubs, and custom walk-in closets enhance the luxurious feel of these homes. Views from the units often include partial glimpses of Gramercy Park and the surrounding historic architecture.

Comprehensive Amenities for a Comfortable Lifestyle

Park Gramercy provides a range of amenities designed to enhance the living experience of its residents. The building features a beautifully planted roof deck, offering a serene space to relax and enjoy sweeping city views. Bicycle storage and central laundry facilities add to the convenience, while a full-time doorman and live-in resident manager ensure security and assistance at all times. Additional amenities include locker/cage storage, a furnished rooftop terrace, and pet-friendly policies. The building's business services are comprehensive, with a 24-hour doorman, onsite super, and dedicated staff available to meet residents' needs. These amenities and services create a comfortable and secure living environment, making Park Gramercy a desirable place to call home.

Vibrant and Historic Gramercy Park

The Gramercy Park neighborhood is renowned for its unique blend of tranquility and vibrancy. The private-access Gramercy Park itself is a serene oasis, while nearby Union Square and the bars and restaurants on Irving Place and Park Avenue South add a lively touch. Residents enjoy a high quality of life, with everything they need within walking distance, yet the area maintains a peaceful, enclave-like atmosphere. Dining options abound, with notable establishments such as ABC Kitchen, Craft, and Eleven Madison Park offering a range of culinary delights. For everyday needs, Trader Joe's, Whole Foods, and the Farmers Market on Union Square are conveniently close. Cultural and recreational spots like Madison Square Park and Stuyvesant Park provide green spaces and community events, enhancing the neighborhood's appeal. The area is also home to several historic and trendy spots, including the Gramercy Park Hotel and Maialino restaurant. The combination of historic charm, modern amenities, and a vibrant community makes Gramercy Park a highly sought-after neighborhood.

Exceptional Connectivity and Convenience

Park Gramercy offers excellent transportation options, making it easy to navigate the city. The building is located near several subway stations, including 23 Street (4, 6 Line) and 23 Street ( N, R Line), both about a five-minute walk away. The 14 Street-Union Square station, serving the 4, 5, 6, L, N, Q, and R lines, is approximately ten minutes away on foot, providing extensive connectivity throughout Manhattan and Brooklyn. For those who prefer biking, the area is well-equipped with CitiBike stations, and the building itself offers bicycle storage. Major airports, including LaGuardia, Newark Liberty International, and John F. Kennedy International, are within a 20 to 30-minute drive, ensuring convenient travel options for both business and leisure. The neighborhood's high walkability, excellent transit options, and bike-friendly infrastructure make it easy to get around, whether commuting to work, running errands, or exploring the city.

Available Co-ops

Building Details

Amenities

  • City Views
  • Doorman
  • Rooftop Deck
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Pet Policy

  • Pets Allowed

Condo Association

  • $1,208 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,515 - $2,333
  • The Park Gramercy Condos
  • Gramercy Park Community
  • Gramercy Park Subdivision

Building Design

  • High-Rise Condominium
  • Elevator

Activity

Views

8

Unit Information

Unit
12F
Beds
--
Baths
1 Bath
Sq Ft
--
Price
$850,000
Price / Sq Ft
--
List Date
05/16/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
800 - 1,000
Est. Values
$607,291 - $1,460,000
1 Bedroom Units
Sq Ft Range
900 - 950
Est. Values
$861,799 - $1,122,321
2 Bedroom Units
Sq Ft Range
1,000
Est. Values
$804,149
All Units
Sq Ft Range
800 - 1,000
Est. Values
$607,291 - $1,460,000

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Biker's Paradise

Bike Score®

92 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

58 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Brown Harris - Park Gramercy
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.