Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,535,000

· Closed April 14, 2017

128 E 16TH Street #1D
Closed For Sale Co-op

$1,535,000

128 E 16TH Street #1D

Gramercy Park, Manhattan

null

MLS® #RLS10039806

RLS at REBNY

Listing by Olshan Realty Inc

2

Bedrooms

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built N/A
Ownership Co-op
Maintenance $2,912/mo
Neighborhood Gramercy Park

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths null Full
Exposure South
Pets Yes
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Jul 11, 2016 $1,995,000 -
Price Reduced Sep 26, 2016 $1,595,000 -20.1%
Currently Apr 26, 2026 $1,535,000 -3.8%

Description

Rare 23-foot-wide garden duplex between Gramercy Park and Union Square! This wonderful townhouse-style apartment has everything you could want, and more. The 2 bedrooms plus office have a flexible layout with the potential of converting to a 3 bedroom. Upstairs is a double living room with a fireplace,and sun-flooded picture windows opening to a south-facing garden. The immense garden boasts two separate levels: The upper garden is 23 x 16.7 feet and lower garden/patio is 23 x 10 feet. Both are lush spaces for entertaining and planting. There are two full baths, one on each level. A washer/dryer is conveniently located on the bedroom floor. Building Notes: Located at the popular border of Gramercy Park and Union Square, 126-128 East 16th Street is a unique combined double brownstone, boasting 13 wonderful apartments on its 5 floors. Cooped in 1983, this professionally managed residence features impeccable financials, a new lobby entry, elevator, and laundry in building. 100% owned. Pets welcome. Great location with easy access to 4/5/6 trains, Whole Foods, Trader Joes, the Union Square Market, and terrific restaurants.

Building Information

Financial Details

Maintenance $2,912/mo
Original Price $1,995,000
Previous Price $1,595,000

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

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/26/26, 2:09 PM EST

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Location

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128 E 16TH Street #1D, Gramercy Park, New York County

Floor Plans

Floor Plan

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: $111,600
Land Value: $19,260
Exemptions: $0

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

Lot Area: 1,700 SF
Building Area: 1,892 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 $2,912 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

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.

Pet policy requires confirmation with the listing broker.

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: RLS10039806
First Listed: 7/11/2016
Price Changed: 9/26/2016
Closed: 4/14/2017
Contract Date: 7/11/2016

Listing Courtesy of Olshan Realty Inc - Donna Olshan

Listing Contact: (212) 751-3300

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 4/26/2026 at 6:09 PM UTC

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