--- title: "1 Lexington Avenue #5C, New York City, NY 10010" description: "1 Lexington Avenue #5C, New York City, NY 10010 — Gramercy Park, New York City, NY. Listing Price $3,800,000. 2 bed, 3 bath Illustrative Buyer Commission Share of $57,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/1-lexington-avenue-5c-ny-10010" source: "Real Estate Rebate Team" dateModified: "2026-09-11T18:06:32.135Z" status: "Active" --- # 1 Lexington Avenue #5C, New York City, NY 10010 Gramercy Park, New York City, NY Courtesy of Compass Last updated: September 11, 2026, 2:06 PM ## At a Glance - **Listing Price**: $3,800,000 - **Beds**: 2 - **Total Baths**: 3 - **Common Charges**: $8,044 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $3,800,000 - **Illustrative Buyer Commission Share**: -$57,000* - **Illustrative Net Cost**: $3,743,000 *Illustrative Buyer Savings of $57,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb3afcb8-e316-462d-aae2-1385405dd052.webp) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a09bc25f-409e-476c-88c2-13270a5cd6d3.png) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/41dcc065-27ce-42d0-8b3f-41a911938437.webp) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8a276d4-4aac-49cc-b220-710880d322d2.jpg) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f63b515-d2cc-404a-a94c-70b905f4ae39.jpg) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/934d116b-bedf-4701-9200-8a5836224954.jpg) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7cd2304-b8c8-4b21-b5dc-e77b89cb4855.jpg) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9410f2e-d1ee-452a-b584-d741649ddfa7.png) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/edbb303a-0ae1-4ab0-9807-2d3778a08e0a.jpg) ![1 Lexington Avenue #5C, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff6f7131-d051-49b8-b84d-b093acbb5b19.jpg) ## Property Overview Welcome to an exceptional residence at 1 Lexington Avenue, an elegant co-op offering the perfect blend of luxury and functionality on Gramercy Park. This striking residence spans has been fully renovated and features 2 bedrooms, 2.5 bathrooms, and a wood burning fireplace. Step inside and be struck by its loft like proportions, seating the perfect ambiance for relaxing or entertaining. The heart of the home features multiple exposures, a large open kitchen, with adjacent laundry room, separate dining area and an expansive living area with powder room. The primary suite features a dressing hallway, and a massive ensuite bathroom, a built in desk and the fireplace. The second bedroom is large in scale and also features an ensuite bathroom. One Lexington is the most elegant white glove full service residential building in Gramercy. Built in 1910 overlooking Gramercy Park, 1 Lexington is a distinguished pre-war cooperative designed by architect Herbert Lucas at a moment when the neighborhood was emerging as one of Manhattan’s most refined residential enclaves. Conceived for permanence and long-term ownership, the building has remained a discreet, tightly held address, preserving its architectural integrity and enduring pedigree for more than a century. This residence comes with a coveted key to Gramercy Park. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 4 - **Stories**: 12 - **Year Built**: 1910 - **Common Charges**: $8,044.23 / Monthly - **Listed On**: Sep 11, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Common On Floor - Common Area - In Unit - Entrance Foyer - Eat-in Kitchen - High Ceilings - Soaking Tub - Dryer - Dishwasher - Range - Refrigerator - Washer - Hardwood - Bay Window(s) ## Sales Evidence ### Recent closed sales 7 apartments at 1 LEXINGTON Avenue have recorded sales since September 2021, the most recent for $1,995,000 in November 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1/2D (Duplex) | 3 | — | $1,995,000 | — | November 13, 2025 | MLS | | 5A/6A (Duplex) | 5 | 3,582 | $5,900,000 | $1,647/ft² | November 7, 2025 | MLS | | 3B (Apartment) | 2 | 1,400 | $3,150,000 | $2,250/ft² | July 29, 2025 | City record · MLS | | 3/4-D (Duplex) | 3 | — | $3,025,000 | — | July 18, 2023 | MLS | | 3B (Apartment) | 2 | — | $2,795,000 | — | July 14, 2022 | MLS | | 9D (Apartment) | 2 | — | $1,585,000 | — | June 2, 2022 | City record · MLS | | 3B (Apartment) | 2 | 1,400 | $2,665,000 | $1,904/ft² | January 19, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at 1 LEXINGTON Avenue is $2,665,000, based on 3 sales between January 2022 and July 2025. This home is asking $3,800,000, $1,135,000 above that median. The middle half of those sales closed between $2,125,000 and $2,907,500. - **Median closed price**: $2,665,000 - **Middle half**: $2,125,000 – $2,907,500 - **Based on**: 3 two-bedroom sales at 1 LEXINGTON Avenue - **Period**: January 2022 – July 2025 Square footage is recorded for only 2 of these 3 sales (67%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. ### Price trend Median sold price for co-op two-bedroom sales in Gramercy Park, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,362,500 | 18 | | 2018 | $1,500,000 | 19 | | 2019 | $1,450,000 | 24 | | 2020 | $1,402,500 | 18 | | 2021 | $1,255,000 | 33 | | 2022 | $1,344,250 | 36 | | 2023 | $1,550,000 | 19 | | 2024 | $1,445,000 | 20 | | 2025 | $1,502,500 | 24 | | 2026 | $1,687,500 | 18 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Gramercy Park instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1 LEXINGTON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1-lexington-avenue) ## Price and Property History for 1 Lexington Avenue, Unit 5C Review the recorded listing activity for 1 Lexington Avenue, Unit 5C, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | July 6, 2026 | $3,800,000 | Asking price reduced by $150,000, or 3.8% | | November 26, 2025 | $4,300,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 28 apartments. The corporation’s 2026 property tax bill was $1,233,534 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 1 LEXINGTON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1-lexington-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1 LEXINGTON Avenue Gramercy Park · Duplex 1 LEXINGTON Avenue, New York, NY 10010 A building in Gramercy Park, currently featuring 2 active listings. - **Year Built**: 1910 - **Total Units**: 2 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1-lexington-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/1-lexington-avenue-5c-ny-10010) | 2 | 3 | — | — | $3,800,000 | Compass | Sep 11, 2026 | 1 days | | [8/9CD](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/1-lexington-avenue-9cd-89CD-ny-10010) | 5 | 4 | — | — | $7,999,000 (-5.8%) | Corcoran Group | Jan 15, 2026 | 240 days | ## Estimated Monthly Payment **$27,259 / month**, assuming a 20% down payment ($760,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $19,215 - **Common Charges**: $8,044 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Gramercy Park Private, Exclusive, and Historic [Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Gramercy Park - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) ## Related Links - [1 LEXINGTON Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1-lexington-avenue) - [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.