Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,837,500

Listed at $1,875,000 · Sold 2.0% below asking · Closed January 30, 2026

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Closed For Sale Co-op

$1,875,000

$1,563 per sq ft

126 E 16th Street #PH4C

Gramercy Park, Manhattan

MLS® #RLS20017891

RLS at REBNY

Listing by Hauseit LLC

2

Bedrooms

2

Baths

1,200

Sq. Ft.

1983

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 1983
Ownership Co-op
Maintenance $2,790/mo
Neighborhood Gramercy Park
Floor 4

Property Highlights

  • Views: City, River
  • Exposure: South facing
  • Outdoor Space: Terrace, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 4
View City, River
Exposure South
Heating None
Pets Yes
Cross Street 3rd Ave/Irving Pl
Year Built 1983
Living Area 1,200 sq ft
Architectural Style Loft
Structure Type Duplex
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00871/0056

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

Building None In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Balcony Building Balcony Private Outdoor Space Under60 Sqft Terrace Balcony

Building Amenities

Elevators

Appliances

Dryer Dishwasher Washer

Financial Details

Maintenance $2,790/mo
Original Price $1,990,000
Sale Price $1,837,500
Previous Price $1,990,000

Maintenance Includes

Water

Gramercy Park is one of New York City’s most storied and picturesque 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 tranquil urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

167

Median Asking Price

$1.23M

Median $/Sqft

$1,771

Avg Days on Market

N/A

New This Week

10

Price Reduced

26%

Sold (30 Days)

15

Median Sale Price

$915K

Live data from RLS at REBNY • Updated 3/23/26, 7:51 AM EST

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Location

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126 E 16th Street #PH4C, Gramercy Park, New York County • Near 3rd Ave/Irving Pl

Virtual Tour

MLS® ID: RLS20017891
First Listed: 4/21/2025
On Market: 4/21/2025
Price Changed: 9/16/2025
Closed: 1/30/2026
Contract Date: 4/21/2025

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 11:51 AM UTC

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