Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,600,000

· Closed June 3, 2024

Closed For Sale Condo

$2,600,000

$1,374 per sq ft

205 E 16TH Street #4A

Gramercy Park, Manhattan

THE ABBEY

MLS® #RLS10964146

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

2

Bedrooms

2.5

Baths

1,892

Sq. Ft.

1888

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,892 sq ft
Year Built 1888
Ownership Condo
HOA/Common Charges $2,051/mo
Property Taxes $30,000/yr
Neighborhood Gramercy Park
Floor 4 of 6

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East,South facing
  • Character: Pre-war building (1888)

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 4 of 6
View Park Greenbelt
Exposure East,South
Pets Yes
Year Built 1888
Living Area 1,892 sq ft
Structure Type HighRise
Basement Other
Parcel # 0897-1019
Block/Lot 00897/0000

Listing History

Event Date Price Change
Listed Oct 13, 2023 $3,175,000 -
Price Reduced Jun 3, 2024 $2,750,000 -13.4%
Currently Jun 2, 2026 $2,600,000 -5.5%

Description


This stunning 2-bedroom, 2.5 bathroom loft-style corner apartment in the coveted Gramercy neighborhood is now available at an unbeatable price. As you enter, you are immediately greeted by dramatic 18-foot ceilings, full-height windows, and newly exposed architectural beams. The spacious and light-filled living area facing south boasts Smart electricity and custom electric blinds, making it the perfect place to relax and entertain. A focal staircase with glass treads, providing natural light through its open risers, leads you to the secluded second-floor bedroom or office area. This suite features full-height glass panels and sliding doors, allowing for a picturesque view of the living room and beyond. It also includes ample storage space and a separate entryway. The glass treads are individually lit for a modern touch, and the adjoining Carrara clad bathroom comes with an enclosed Miele W/D.

The primary suite boasts breathtaking views of St. George's and Stuyvesant Square Park to the east, as well as historic brownstones to the south. The grand room features soaring 18-foot ceilings, huge windows, and plenty of sky. The accompanying bath includes radiant heated floors and an under-lit sink with a built-in Bluetooth speaker.

You'll love the stylish architecture and design details throughout, such as the marble powder room built around an exposed beam. The open and functional chef's kitchen with Miele appliances and SieMatic cabinetry is great for cooking and hosting guests, while the separate dining area can easily be transformed from intimate to formal. Ample closet space adds to the convenience and livability of the apartment.

Built in the Romanesque Revival style in 1888, The Abbey was converted into 31 condominiums in 2005. A full-service building with a 24/7 doorman, porter, and live-in super, it was designed by Leopold Eidlitz and Charles Otto Blesch and holds a significant place in New York's history. Located on a quiet, tree-lined block with access to Rutherford Place and the serene Stuyvesant Square Park, known for its dog park, peaceful gardens, and lush greenery. You'll be just minutes away from top restaurants, shopping, and entertainment, with easy access to public transportation. Live an idyllic NYC lifestyle in this historic and vibrant neighborhood.

The staging was expertly handled by Gracia Taylor Design.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed

Exterior Features

None

Building Amenities

Elevators Green Building

Appliances

Washer Dryer Allowed

Building Information

Building THE ABBEY
Building Data View Compliance & Permits
Total Units 31
Stories 6
Structure HighRise

Financial Details

Common Charges $2,051/mo
RE Taxes $30,000/yr ($2,500/mo)
Original Price $3,175,000
Sale Price $2,600,000
Previous Price $2,750,000

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

172

Median Asking Price

$1.37M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/2/26, 1:20 PM EST

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Location

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205 E 16TH Street #4A, Gramercy Park, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
C4-3A
Zoning District

Tax & Assessment

Assessed Value: $459,000
Land Value: $45,450
Exemptions: $0

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

Lot Area: 2,024 SF
Building Area: 2,024 SF
Built FAR: 1
Allowed FAR: 3

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 common charges are $2,051 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $30,000, or roughly $2,500 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,892 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1888, making it approximately 138 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $2,600,000 for 1,892 sq ft, the asking price per square foot is approximately $1,374. 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: RLS10964146
First Listed: 10/13/2023
On Market: 10/13/2023
Price Changed: 6/3/2024
Closed: 6/3/2024
Contract Date: 10/13/2023

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - Krisstopher Valcin

Listing Contact: (347) 805-7253

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 6/2/2026 at 5:20 PM UTC

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