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$7,375,000
List Price: $7,500,000
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1 Lexington Avenue #5A/6A
Coop in Gramercy Park •  building info
5bd • 4ba • 3,582ft² $2,094 per ft²
Buy with Yoreevo

$7,375,000

List Price

$7,500,000

Key Details
Days on market
16
Last price change
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Estimated payment
$34,480
Monthly taxes
N/A
Monthly maintenance
$10,158
Description
Residence 5A/6A at One Lexington Avenue is a rarely available grand scale duplex home offering five bedrooms, four bathrooms, and eight unobstructed windows facing Gramercy Park. Opening into an elegant gallery hall, which spans over 35 feet, you are led into a sun filled, oversized living room with southern and western unobstructed treetop views directly onto Gramercy Park. Appreciate ornate details throughout including original picture rails, moldings, and a beautifully preserved mantlepiece that surrounds a wood burning fireplace. Off the living room is a large formal dining room separated by double-width glass doors, perfect for an evening dinner service. Abutting the formal dining room is a large service pantry leading into an oversized, windowed, eat-in kitchen ready to be outfitted for the most discerning chefs. A laundry room, service quarters and service entrance are discreetly tucked away behind the kitchen. Ascending to the second floor, you are greeted by multiple spacious suites. The first primary suite is located on the southwest corner with large windows offering direct views onto Gramercy Park and an en-suite pass-through bathroom connecting to a separate study or bedroom. The secondary suite offers ample space for furniture, with a gracious dressing room (or home office) leading to a private en-suite bathroom. An additional bedroom follows, also with its own en-suite bathroom. This level provides three extra closets which are all deep and oversized. There is also a separate wine storage room, a storage room in the basement and storage in the sub-basement. One Lexington Avenue is a premiere full-service cooperative with a full-time doorman and a full-time, live-in superintendent. There is bike storage and a common laundry facility in the basement. The building offers access to Gramercy Park as well. This historic building was built in 1910 and designed by the acclaimed architect Herbert Lucas and is renowned for its grand entrance with a high cast iron fence leading to a stately portico with Tuscan columns. The building also recently installed new, state of the art electrical systems in the basement as well as compressor mounting on the roof for the easy installation of central air conditioning with board approval. Located on the exclusive North side of Gramercy Park, this pre-war cooperative is perfectly situated within a short distance to the Flatiron District, Union Square and quaint Irving Place. Shopping and world-renowned dining are at your doorstep with notable establishments including Gramercy Tavern, Eleven Madison Park and ABC Kitchen within blocks. Transportation options are abundant, as are supermarkets and other convenient necessities throughout this idyllic, picturesque, and quintessential Manhattan neighborhood. The cooperative permits maximum financing of 50% and there is a 2% flip tax payable by the seller. Pets are permitted.

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Important Stuff
Doorman
Elevator
Building Amenities
Bike Room
Concierge
Live In Super
Fios Available
Laundry in Building
Building info

History
What it'll cost
Purchase price
$7,500,000
Asking Price: $7,500,000
Term
30 Years
Down Payment
$3,750,000 (50%)
Min: 50% (3,750,000)
Rate
6.75 %
Mortgage Amount
$3,750,000
Mortgage Payment
$24,322
Maintenance
$10,158
Estimated Yoreevo rebate
$125,000
Estimated closing cost
$176,000
Total monthly cost $34,480
Buy your dream home with us and get an estimated
$125,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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