Buy with Yoreevo
$667,250
List Price: $675,000
Share Listing
Save Listing
7 Lexington Avenue #5E
Condop in Gramercy Park •  building info
studio • 1ba
Buy with Yoreevo

$667,250

List Price

$675,000

Key Details
Days on market
loading...
Last price change
loading...
Estimated payment
$4,863/mo
Taxes
N/A
Maintenance
$1,625/mo
Description
Your First Home in the Heart of Manhattan Welcome to Residence 5E at 7 Lexington Avenue, a spacious and thoughtfully designed studio in the iconic Park Gramercy, an ideal opportunity for first-time buyers looking to put down roots in a prime downtown location. This inviting home features classic prewar details like high beamed ceilings and hardwood floors, paired with a smart layout that truly works. A raised platform naturally separates living, dining, and sleeping areas, making the space feel open, organized, and easy to live in something rarely found in a studio. The kitchen is updated with stainless steel appliances, granite countertops, and slate flooring, perfect whether youre cooking at home or entertaining friends. Storage is another standout: three generous closets plus a separate dressing area that leads to a well-sized bathroom offering everyday comfort and practicality youll appreciate from day one. Park Gramercy provides the peace of mind and convenience first-time buyers value most, including a full-time doorman, a beautifully landscaped roof deck with open city views, bike storage, and additional on-site storage options. Located just moments from Gramercy Park, Union Square, Flatiron, and multiple subway lines, this home puts you close to great restaurants, shopping, and everyday essentialsmaking city living easy, walkable, and enjoyable. Whether youre ready to stop renting, want a place that can grow with you, or are looking for a smart long-term investment, Residence 5E offers comfort, character, and value in one of Manhattans most sought-after neighborhoods. Come see why this is such a great place to start your homeownership journey.

Hide full description

Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Home features
Dishwasher
Hardwood floors
Storage Available
View

City

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Valet

Storage Space
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$675,000
Asking Price: $675,000
Term
30 Years
Down Payment
$135,000 (20%)
Min: 20% (135,000)
Rate
6.0 %
Mortgage Amount
$540,000
Mortgage Payment
$3,238
Maintenance
$1,625
Estimated Yoreevo rebate
$7,750
Estimated closing cost
$7,000
Total monthly cost $4,863
Buy your dream home with us and get an estimated $7,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.