SOLD FOR $1,837,500
Listed at $1,875,000 · Sold 2.0% below asking · Closed January 30, 2026
126 E 16th Street #PH4C
MLS® #RLS20017891
Listing by Hauseit LLC
2
Bedrooms
2
Baths
1,200
Sq. Ft.
1983
Year Built
Quick Summary
Property Highlights
- Views: City, River
- Exposure: South facing
- Outdoor Space: Terrace, Balcony
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 21, 2025 | $1,990,000 | - |
| Currently | Apr 22, 2026 | $1,875,000 | -5.8% |
Description
Outdoor lovers delight! Tucked away on an idyllic and quiet block just off of Irving Place, this thoughtfully designed duplex penthouse offers a rare combination of refined indoor living and private outdoor space in one of Manhattans most historic and coveted neighborhoods.
Flanked by Gramercy Park to the North, Union Square to the West, and Stuyvesant Park to the East, this location offers rare serenity with zero cross traffic while still being minutes from some of Manhattans most iconic neighborhoods and the lively Union Square North, with easy access to its famous Greensquare Farmers Market and major subway hub (4/5/6, N/Q/R/W, L).
Upon entering this thoughtfully designed duplex, youre immediately welcomed by an expansive open layout, flooded with natural light and framed by clean, modern finishes. The first floor seamlessly blends living, dining, and kitchen into one airy, open-concept space, featuring a full chefs kitchen outfitted with high-end appliances and generous counter space ideal for both cooking and entertaining. A well-maintained wood-burning fireplace anchors the living space, adding warmth and character to the modern design. Also on this level: a spacious secondary bedroom, a newly renovated full bathroom, and access to your first private outdoor space a charming, planted balcony thats perfect for a quiet morning coffee.
Ascend the architecturally inspired staircase to the upper level, where you'll find a serene primary suite bathed in southern light from a full wall of windows, and a fully remodeled, spa-like ensuite bathroom. The penthouse level is also where you will find the truly spectacular ~500-square-foot private terrace, beautifully landscaped to create a true urban sanctuary perfect for entertaining, gardening, or simply enjoying your own quiet piece of sky.
Additional features of the home include an in-unit washer and dryer, expansive closet space, wall-through air conditioning, and thoughtfully integrated storage solutions throughout.
This is a rare opportunity to own a peaceful Gramercy penthouse with the indoor-outdoor lifestyle city buyers dream of.
I26 E 16th Street is a well-maintained and professionally managed 13-unit boutique brownstone cooperative. Pet-friendly building, and guarantors, gifts, co-purchasing, and subletting are all permitted on a case-by-case basis, subject to board approval. Low maintenance, strong building financials, and a 1% flip tax paid by seller.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Financial Details
Maintenance Includes
Water
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 NeighborhoodActive Listings
172
Median Asking Price
$1.50M
Median $/Sqft
$1,775
Avg Days on Market
N/A
New This Week
6
Price Reduced
25%
Sold (30 Days)
23
Median Sale Price
$1.26M
Live data from RLS at REBNY • Updated 4/22/26, 9:43 AM EST
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Location
126 E 16th Street #PH4C, Gramercy Park, New York County • Near 3rd Ave/Irving Pl
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Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $2,790 per month. The fee covers: Water. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1983, making it approximately 43 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. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,875,000 for 1,200 sq ft, the asking price per square foot is approximately $1,563. 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) 416-7433Listing Courtesy of Hauseit LLC - Nicholas Oliver
Listing Contact: (888) 494-8258
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 Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 1:43 PM UTC