1 Lexington Avenue

New York, NY 10010
co-op
About
This prewar co-op building on elegant, quiet Gramercy Park was built in 1910 by noted architect Herbert Lucas. The handsome brown-brick residence is recognizable by its high cast-iron fence and a canopied entrance leading to a colonnaded portico with Tuscan columns. Amenities at this 12-floor co-op include a full-time doorman, laundry facilities and storage. Residents here get another perk: The elusive key to Gramercy Park, a private park with access restricted to residents of park-fronting buildings. In addition to Gramercy Park access, the Flatiron District is a short walk away, as is Union Square with its park, shops and Greenmarket and a full range of public transportation.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Kelly Killoren Bensimon
kelly.killorenbensimon@elliman.com
212.645.4040

https://kellykillorenbensimon.elliman.com/
applications

property contacts

confirm to continue

board minutes

Attorneys, Paralegals, and legal representatives can request to view Board Minutes via the Domecile platform. There is a fee associated with each approved request that is payable to Domecile.

questionnaires

Have a questionnaire completed by property management.

documents

additional resources

building policies

general policies

Pets Allowed
Dogs and cats are allowed.

financing policies

Max Financing as %
65% of purchase price

additional building information

  • Financing/Refinancing is 65% of purchase price or appraised value
  • Flip Tax: Yes, 2% paid by the Seller (applicable to sales within the first 5 years of ownership)
amenities

special amenities

Basement/Storage Unit on Site
Elevator
Full Service
Laundry Room
Bike Storage
Video Surveillance
Luxury
Washer & Dryer in Units

on site services

Doorman
Delivery Storage (Unrefrigerated)
Live-in Super

utilities

Separate Metered Utilities
WiFi Available
Verizon Fios
Cable Ready
Time Warner

building type

Co-Op
Pre War
Residential
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Application Processing Fee Submission $600 or $1,000 (Trust Purchase - if permitted by Corporation)
Buyer Application Processing Fee for Co-applicant(s) or Guarantor(s) Submission $250 per Co-applicant/ Guarantor
Buyer Move In Deposit (Refundable) Submission $5,000
Seller Lead Based Paint Disclosure Fee Submission $75
Seller Move Out Deposit (Refundable) Submission $5,000
Buyer Financing Fee Closing $300 (if financing)
Seller Closing Fee Closing $800 ($850 without a Broker) plus $0.05 per Share
Seller Flip Tax Closing 2% of purchase price (all sellers who sell their apartment within 5 years from their date of purchase)
Seller Sale by an Estate or Trust - Closing Fee Closing $1,000 plus $0.05 per share

refinance

payor fee due upon amount
Shareholder Application Processing Fee Submission $400

co-op transfer

payor fee due upon amount
Shareholder Transfer Fee Submission Contact Transfer Agent for fee schedule
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale
Complimentary $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration
Complimentary $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)
All property information and documentation provided by property management.
10/19/25
Total Fees: 341