New York City  »  10010  »  Lexington Ave  »  2 Lexington Ave

Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010 - Property report

Also known as: 2 A Lexington Ave

Property image for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010
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Property type

Luxury Hotel (H1)

Year built

1924

Lot sq. ft.

10,751

Sale price

$4,650,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Grammercy Park Hotel
Primary address
Grammercy Park Hotel - 2 Lexington Avenue
Alternate address(es)
2 A Lexington Ave
2 B Lexington Ave
ZIP code
10010
Neighborhood
Gramercy Park
Borough
Manhattan
Block & lot
00877-0018

Owner

Find out who owns Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010. Uncover corporate and individual owners with a free account.

Building
Property type
Luxury Hotel (H1)
Building sq. ft.
188,933
Building dimensions
165 ft x 131.5 ft
Buildings on lot
1
Stories
16
Year built
1924
Last altered
2005
Building material
Sales
Sale date
07/30/2012
Sale price
$1,319,319
Tax
Tax year
2026-2027
Property tax
$2,960,274
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
23
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
131.5 ft x 84 ft
Lot sq. ft.
10,751

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
6
Closest police station
0.70 Miles
Closest fire station
0.25 Miles

View more such as transportation, nearby schools and risk designations.

Units for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

Unit Sale date Sale price
Unit 1
Unit 10
Unit 10A
Unit 11
Unit 11A 11/17/2006
Unit 12
Unit 12A 11/08/2006
Unit 12B
Unit 13
Unit 14
Unit 14A
Unit 15
Unit 15AB 12/18/2006
Unit 16
Unit 16A 12/05/2006
Unit 17
Unit 18
Unit 19
Unit 2
Unit 20
Unit 21
Unit 22
Unit 23
Unit 24
Unit 25
Unit 26
Unit 27
Unit 2A 12/04/2006
Unit 2B 12/01/2006
Unit 2B-26 11/16/2009
Unit 3
Unit 3A 12/08/2006
Unit 3B 01/19/2007
Unit 4
Unit 4A 11/17/2006
Unit 5
Unit 5A 11/06/2006
Unit 5B 11/02/2006
Unit 6
Unit 6A 11/13/2006
Unit 6B 10/26/2006
Unit 7
Unit 7A 02/09/2007
Unit 8
Unit 8AB 12/18/2006
Unit 9
Unit 9A 11/30/2006
Unit 9B 01/30/2007
Unit LKR17
Unit PH
Unit RESD 04/23/2004
Unit SL12 12/18/2006
Unit SL13 12/18/2006
Unit SL14 12/18/2006
Unit SL15 12/18/2006
Unit SU16 12/04/2006
Unit SU17 12/04/2006
Unit SU26 12/01/2006
Unit SU8 11/30/2006
Unit SU9 11/30/2006
Ownership

Ownership information for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010

Sale date Sale price Buyer name Seller name
08/01/2002 $4,650,000 XXXXXXXX XXXX XXXXXXXX XXX XXXXX X XXXXXXX XX XX-XXXXXXXX XXX XXXXXX XX XXX XXXXXXX XXX XXXX X XXXXXXX XX XX-XXXXXXXX XXX XXXXXX XXXXXX XX XX-XXXXXXXX XXX XXX XXXXXXX XXXXXXX XXXX X X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/21/2026 - R
07/20/2026 - D		 Mortgage
(2026072100716002)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
07/21/2026 - R
07/20/2026 - D		 Mortgage
(2026072100716001)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
07/02/2026 - R
06/25/2026 - D		 Mortgage
(2026070100301002)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
07/02/2026 - R
06/25/2026 - D		 Mortgage
(2026070100301001)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
06/02/2026 - R
05/20/2026 - D		 Mortgage
(2026052700511002)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
06/02/2026 - R
05/20/2026 - D		 Mortgage
(2026052700511001)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
03/10/2026 - R Initial UCC1
(2026030900323005)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
03/10/2026 - R Initial UCC1
(2026030900323004)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
03/10/2026 - R
03/04/2026 - D		 Mortgage
(2026030900323003)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X
03/10/2026 - R
03/04/2026 - D		 Mortgage
(2026030900323002)		 XX XXXXXXXX XXXX XXXXX XXX XXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$2,960,274
Municipal exemptions
Recent tax assessments
Market value
$65,910,000
Assessed value
$29,659,500

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $63,964,000 $28,783,800 $26,556,760 10.848% $2,880,877 $2,880,877 -13.41%
2024/25 $74,546,000 $33,545,700 $30,915,330 10.762% $3,327,108 $3,327,108 +0.16%
2023/24 $69,691,000 $31,360,950 $31,360,950 10.592% $3,321,752 $3,321,752 -12.29%
2022/23 $81,138,000 $36,512,100 $35,572,820 10.646% $3,787,082 $3,787,082 +6.09%
2021/22 $73,760,000 $33,192,000 $33,192,000 10.755% $3,569,800 $3,569,800 -8.22%
2020/21 $82,478,000 $37,115,100 $36,370,020 10.694% $3,889,410 $3,889,410 -1.51%
2019/20 $90,168,000 $40,575,600 $37,476,239 10.537% $3,948,871 $3,948,871 +2.79%
2018/19 $86,568,000 $38,955,600 $36,537,719 10.514% $3,841,576 $3,841,576 +8.32%
2017/18 $83,235,000 $37,455,750 $33,731,542 10.514% $3,703,846 $3,546,534 +7.62%
2016/17 $89,328,000 $40,197,600 $31,164,754 10.574% $3,611,779 $3,295,361 +14.87%
Permits

Permit information for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/21/2026 Alteration
08/06/2026 Alteration
07/07/2026 Alteration
07/07/2026 Alteration
07/07/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/02/2024 Bench-failure to benchmark none
05/02/2024 Bench-failure to benchmark none
12/01/2022 Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Park Ave & 22nd St at NE Corner
Station lines
6
Distance (miles)
0.077
View subway map

Access the detailed traffic volume map for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

39 Gramercy Park N, New York 158 E 22nd St, New York 34 Gramercy Park E, New York 1 Lexington Ave, New York 45 Gramercy Park N, New York 4 Gramercy Park W, New York 48 Gramercy Park N, New York 44 Gramercy Park N, New York 5 Gramercy Park W, New York 40 Gramercy Park N, New York 256 3rd Ave, New York 37 Gramercy Park E, New York 272 3rd Ave, New York 274 3rd Ave, New York 60 Gramercy Park N, New York 151 E 20th St, New York 7 Gramercy Park W, New York 258 3rd Ave, New York 39 A Gramercy Park N, New York 61 Gramercy Park N, New York

Nearby ZIP codes for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10016, New York City, NY 10017, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010?

The development at Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010 was built in 1924.

What is the market value of Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010?

The current market value of Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010 is $65,910,000.

What is the total square footage of Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010?

Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010 has a total of 188,933 square feet.

What is the price per square foot for this property?

$6 per square foot is the price for Grammercy Park Hotel - 2 Lexington Avenue, New York, NY 10010.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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