Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,995,000

· Closed August 11, 2021

205 E 16TH Street #5P
Closed For Sale Condo

$2,995,000

$1,479 per sq ft

205 E 16TH Street #5P

Gramercy Park, Manhattan

THE ABBEY

MLS® #RLS10715583

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2.5

Baths

2,025

Sq. Ft.

1888

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 2,025 sq ft
Year Built 1888
Ownership Condo
HOA/Common Charges $1,986/mo
Property Taxes $33,996/yr
Neighborhood Gramercy Park
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 5 of 6
View City
Exposure East,North
Cooling Central Air
Pets Yes
Cross Street 3 AVENUE and RUTHERFORD PLACE
Year Built 1888
Living Area 2,025 sq ft
Architectural Style Prewar
Parcel # 0897-1031

Listing History

Event Date Price Change
Listed May 3, 2021 $3,250,000 -
Currently Jun 3, 2026 $2,995,000 -7.8%

Description

Dont miss your chance to own this historic and spectacular 2025 SF duplex in the Abbey condominium located moments from the magnificent four acre Stuyvesant Square Park! This two bedroom, two-and-a-half bathroom duplex condo was beautifully renovated and custom designed recently offering every convenience of modern living while preserving the historic integrity of this unique home.
Downstairs, the bright and loft-like great room is lined with windows on both the north and east walls and custom designed built-in-cabinets and bookshelves span from the solid oak floors to the top of the 10.5 ceilings on the west facing wall. Fantastic wall space for art work becomes your homes gallery on both levels. On the other side of the foyer, the stunning open-concept kitchen and dining room are punctuated with a gorgeous original stained glass window which looks out over St. George Churchs extraordinary rooftop architecture and Stuyvesant Square Park. The charming designer powder room is conveniently located near the entrance and the dining room. The spectacular and modern kitchen boasts an Arrabiata marble waterfall island and is equipped with a Gaggenau 5-burner gas range, oven, separate steam oven, drawer microwave and Zephyr vented hood. The Miele refrigerator and freezer are hidden behind imposing custom walnut built-ins which offer a remarkable amount of storage space.
Upstairs the spacious primary bedroom has a vaulted ceiling and is drenched with light from north and east facing windows and two skylights, all of which are outfitted with custom motorized shades. There are two large built-out closets and extra space for seating. The luxuriously designed primary bathroom offers heated Carrara marble tile floors, custom Bilotta cabinetry and an oversized shower with two shower heads plus separate hand shower and seat.Down the hall the second bedroom is equally spacious with beautiful north facing windows and an unobstructed view of the Empire State Building. These windows are also outfitted with custom motorized shades. Ample closet space is built into the walls cleverly optimizing storage without obstructing the openness of the room. The second bathroom is also pristine and boasts heated floors and a deep soaking tub. The washer and dryer are conveniently located in a hallway closet between the two bedrooms.
The Abbey condominium is a full-service building located on a quiet block in Gramercy Parks Stuyvesant Square Historic District. Built in 1888, this landmarked six-story Romanesque Revival style brownstone which originally served as the parish house of St. George Church. Skillfully converted into 32 unique luxury apartments in 1996, it was described as "amongst the most creative and artistic real estate undertakings in recent years" by New York Living magazine.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,986/mo
RE Taxes $33,996/yr ($2,833/mo)
Original Price $3,250,000
Sale Price $2,995,000

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

173

Median Asking Price

$1.40M

Median $/Sqft

$1,744

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

23

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/3/26, 7:49 PM EST

Similar Listings in Gramercy Park

View All

Location

Loading map...

205 E 16TH Street #5P, Gramercy Park, New York County • Near 3 AVENUE and RUTHERFORD PLACE

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 $1,986 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $33,996, or roughly $2,833 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 2,025 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,995,000 for 2,025 sq ft, the asking price per square foot is approximately $1,479. 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: RLS10715583
First Listed: 5/3/2021
Price Changed: 5/26/2021
Closed: 8/11/2021
Contract Date: 5/3/2021

Listing Courtesy of The Corcoran Group - Cornelia Dobrovolsky

Listing Contact: (917) 868-8881

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 6/3/2026 at 11:49 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton