The Park Gramercy is a coop building located at 7 Lexington Avenue, New York, NY 10010. It is a full-service building with a prime location across from the Gramercy Park Hotel and near trendy restaurants, Park Avenue South, Union Square, and major subway lines. The building features a full-time doorman, a beautiful roof deck, bicycle storage, and a central laundry in the basement. Pets are welcome.

The building offers a variety of apartment options, including large-sized 3-bedroom apartments and spacious 6-room, 2-bedroom, 2-bathroom homes. Many apartments have been recently renovated with contemporary styles and plenty of windows for natural light. Some apartments feature open kitchens, custom built-in bookshelves, solid oak floors, and multiple exposures. There are also options to combine apartments for larger living spaces. Certain apartments allow for in-unit washer and dryer.

The Park Gramercy is a CONDOP building, functioning like a condominium with no term limits on renting. It welcomes both foreign and domestic buyers interested in purchasing a home as a pied-a-terre or an investment unit. Board approval is required for purchasing. The building follows condo rules with no mortgage tax.

The building is known for its lenient board, similar to a condominium, with no term limits on renting and no minimum down payment requirements. The approval process includes a waiver of the right of first refusal. Subleasing and parents buying with/for children are permitted. The building also offers a delightful furnished roof deck with sweeping views of the city.

Overall, The Park Gramercy at 7 Lexington Avenue offers a desirable living experience in a prime location, with luxurious amenities, spacious apartments, and a welcoming atmosphere for residents and investors alike.