Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,995,000

· Closed February 29, 2024

105 E 16th Street #PH
Closed For Sale Co-op

$4,995,000

105 E 16th Street #PH

Gramercy Park, Manhattan

MLS® #RLS10955514

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1914

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1914
Ownership Co-op
Maintenance $4,233/mo
Neighborhood Gramercy Park
Floor 1 of 10

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 10
Exposure North,South,West
Cooling Central Air
Pets CatsOk, DogsOk
Year Built 1914
Structure Type Duplex
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00872/0007

Listing History

Event Date Price Change
Listed Apr 7, 2023 $5,200,000 -
Currently Jun 2, 2026 $4,995,000 -3.9%

Description

Conveniently located in the center of the Universe atop a Gramercy prewar loft building, is a residence beyond all else. Published in New York Magazine, this unique penthouse has two distinct structures. A beautifully curated main living space with bedroom and full bath plus a rare freestanding cottage surrounded by multiple levels of lush gardens and terraces. The epitome of relaxed elegance and sophistication, the corner living/dining space features a wood-burning fireplace, fourteen casement windows, beamed ceilings, and salvaged wide-plank oak floors. The primary bedroom features a custom designed leather headboard beautifully framed by refined millwork providing built-in nightstands, storage and shelving for the most veracious collector. There is also a generous walk-in closet. Adjacent to the bedroom is the stunning full bathroom equipped with a a large shower with dark verdigris hand-glazed tiles and patinated brass fixtures. The bathroom has been creatively designed with a pocket door allowing for dual function as a windowed powder room with a stone trough sink. Distinctive and modern, the open kitchen has top of the line appliances with jet-black beadboard cabinetry. Countertops and freestanding island are topped with 4-inch slabs of marble reclaimed from Independence Hall. The kitchen casement windows offer views across the lush greenery and the much-fabled cottage. The outside banquette dining area along with an outdoor television serve as a cozy area perfect for casual dining or enjoying one’s morning coffee. The distinctly separate freestanding wood frame cottage, one of only a few in Manhattan, functions as a guesthouse plus a writer’s studio. It has 10-foot peaked ceilings and a large north-facing picture window with built-in storage and shelving. The urban cottage provides a sanctuary from the bustling city below. The rooftop garden paradise has been landscaped by Harrison Green with mature trees, rosemary, lavender, and hydrangeas. A true entertainer’s haven day or night with multiple areas for lounging or hosting dinner parties alfresco. Enjoy watching movies under the stars from the outdoor cinema. Fully equipped with automatic irrigation systems, lighting and sonos sound system. Includes two extra-large storage spaces and bicycle storage. Pet-friendly.

Features & Amenities

Interior Features

High Ceilings Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Terrace

Appliances

Washer

Building Information

Building Data View Compliance & Permits
Total Units 14
Stories 10
Structure Duplex

Financial Details

Maintenance $4,233/mo
Original Price $5,200,000
Sale Price $4,995,000

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

$1.35M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/2/26, 4:54 PM EST

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Location

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105 E 16th Street #PH, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1991
Year Built
35 years old
3
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $136,860
Land Value: $20,340
Exemptions: $0

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

Lot Area: 1,975 SF
Building Area: 3,001 SF
Built FAR: 1.52
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 $4,233 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 1 full bathroom.

According to MLS records, the building was constructed in 1914, making it approximately 112 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.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. 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: RLS10955514
First Listed: 10/26/2023
On Market: 4/7/2023
Closed: 2/29/2024
Contract Date: 3/28/2023

Listing Courtesy of Compass - Maryellen Cashman

Listing Contact: (917) 710-2655

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 8:54 PM UTC

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