Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $679,000

· Closed April 14, 2025

142 E 16TH Street #17E
Closed For Sale Co-op

$679,000

$799 per sq ft

142 E 16TH Street #17E

Gramercy Park, Manhattan

GRAMERCY SPIRE

MLS® #RLS10979766

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

850

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 850 sq ft
Year Built 1964
Ownership Co-op
Maintenance $2,207/mo
Parking Garage
Neighborhood Gramercy Park

Property Highlights

  • Views: City, Panoramic
  • Exposure: East facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
View City, Panoramic
Exposure East
Pets Yes
Year Built 1964
Living Area 850 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0871-0044-00142-000-000017E
Block/Lot 00871/0044

Listing History

Event Date Price Change
Listed Dec 7, 2023 $899,000 -
Price Reduced Apr 14, 2025 $699,000 -22.2%
Currently Apr 23, 2026 $679,000 -2.9%

Description

Welcome to the iconic Gramercy Spire, located at 142 E 16th Street, apt 17E, New York, NY, 10003. This spacious 1 bedroom, 1 bathroom apartment is nestled on the 17th floor, boasting stunning Eastern views and an abundance of natural light.

The apartment retains its original charm with parquet floors and a vintage bathroom, while the kitchen has been modernized with new stainless steel appliances. Storage is plentiful, with four large closets available. The living room and bedroom are equipped with recently upgraded HVAC units for your comfort.

Step outside onto the large terrace, perfect for outdoor dining or relaxation. This prime location is just steps away from Union Square, Trader Joes, and a variety of subway lines. Every week, Union Square hosts a Farmer's Market, bringing fresh produce from across the Tri-State area.

The Gramercy Spire offers a full-time 24hr Doorman, Live-in Super, and porter, with additional amenities including bike storage, laundry facilities, and a garage for residents. The building is pet-friendly and allows subletting under specific conditions 3 out of 5 years after 2 years of ownership, Pied A Terres are permitted as well as Co-Purchasing.

Experience the charm and convenience of this residence. Contact us today for a private tour The Gramercy Spire is very Pet Friendly and allows subletting for

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Building GRAMERCY SPIRE
Total Units 146
Stories 22
Structure HighRise

Financial Details

Maintenance $2,207/mo
Original Price $899,000
Sale Price $679,000
Previous Price $699,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

175

Median Asking Price

$1.48M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

6

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/22/26, 9:30 PM EST

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Location

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142 E 16TH Street #17E, Gramercy Park, New York County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
3
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $122,640
Land Value: $18,780
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,800 SF
Building Area: 2,000 SF
Built FAR: 1.11
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,207 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 850 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1964, making it approximately 62 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: NA,Building Pets Allowed Comments:NA. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $679,000 for 850 sq ft, the asking price per square foot is approximately $799. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10979766
First Listed: 12/12/2023
On Market: 12/7/2023
Price Changed: 4/14/2025
Closed: 4/14/2025
Contract Date: 12/12/2023

Listing Courtesy of Douglas Elliman Real Estate - Carter Mchyman

Listing Contact: (917) 776-7623

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 1:30 AM UTC

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