Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,400,000

· Closed January 16, 2026

200 E 16th Street #5LM
Closed For Sale Co-op

$1,400,000

200 E 16th Street #5LM

Gramercy Park, Manhattan

200 East Owners Corp.

MLS® #RLS20020680

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1930
Ownership Co-op
Maintenance $3,124/mo
Neighborhood Gramercy Park
Floor 5 of 20

Property Highlights

  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 20
Pets Yes, CatsOk, DogsOk
Year Built 1930
Structure Type HighRise
Furnished Unfurnished
Block/Lot 00897/0035

Listing History

Event Date Price Change
Listed May 1, 2025 $1,475,000 -
Currently Apr 22, 2026 $1,400,000 -5.1%

Description

Welcome to 200 E 16th Street 5LM, a one of a kind two bed, two bath sprawling residence in a fully staffed prewar building, in the heart of Gramercy. This home beautifully mixes charming prewar details such as original hardwood floors, beamed ceilings, antique door knobs and framed archways with modern day amenities, such as a laundry / wet bar area and open kitchen. Both east-facing bedrooms get beautiful morning light and are also incredibly quiet. The apartment is packed with an abundance of storage options including walk-in closets in the bedrooms and two additional closets in the foyer and living area. The ceiling height is 8'7" and through the wall air conditioning is allowed. Please note electric, gas and heat are included in the maintenance. After one year of ownership, residents have a flexible unlimited subletting policy. Pied a terres, gifting and co-purchasing are allowed. Sorry, purchasing for students is not allowed. This prime location positions 200 E 16th Street between Union Square Park and Rutherford Square, providing a tranquil setting. Nearby, the historic St. Georges Church, a National and New York City Landmark, brings character and charm to the neighborhood. A quick 5-minute stroll will lead you to renowned grocery stores such as Whole Foods, Trader Joe’s, Westside Market, and the Union Square Farmers Market. Union Square Station, with access to N, Q, R, W, 4, 5, 6, and L MTA subway lines, is conveniently close by, connecting you to the rest of the city with ease. This apartment has an assessment of $472/month from August 2025 through July 2030.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area In Unit

Building Amenities

Elevators

Building Information

Building 200 East Owners Corp.
Total Units 190
Stories 20
Structure HighRise

Financial Details

Maintenance $3,124/mo
Original Price $1,475,000
Sale Price $1,400,000
Previous Price $1,475,000

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

$1.50M

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

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200 E 16th Street #5LM, Gramercy Park, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
32
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,770,992
Land Value: $92,699
Exemptions: $3,445,035

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

Lot Area: 14,400 SF
Building Area: 33,433 SF
Built FAR: 2.32
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 $3,124 per month. 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.

According to MLS records, the building was constructed in 1930, making it approximately 96 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: Building Pets Allowed Comments:Pets allowed for Shareholders. Dogs not allowed for Subtenants. Contact the listing broker for weight limits or breed restrictions.

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: RLS20020680
First Listed: 5/1/2025
On Market: 5/1/2025
Price Changed: 1/23/2026
Closed: 1/16/2026
Contract Date: 4/17/2025

Listing Courtesy of Compass - Alexandra Rhea

Listing Contact: (815) 222-3879

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 4/22/2026 at 1:43 PM UTC

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