Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,925,000

· Closed January 12, 2018

205 E 16TH Street #5A
Closed For Sale Condo

$4,925,000

$1,367 per sq ft

205 E 16TH Street #5A

Gramercy Park, Manhattan

MLS® #RLS10578250

RLS at REBNY

Listing by CORE Group Marketing, LLC

5

Bedrooms

4.5

Baths

3,602

Sq. Ft.

1888

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Living Area 3,602 sq ft
Lot Size 8,878 sq ft
Year Built 1888
Ownership Condo
HOA/Common Charges $3,284/mo
Property Taxes $52,884/yr
Neighborhood Gramercy Park
Floor 5 of 6

Property Highlights

  • Outdoor Space: Building Terrace, Terrace
  • Style: Prewar architecture
  • Character: Pre-war building (1888)

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 4 Full, 1 Half
Floor 5 of 6
Pets Yes
Year Built 1888
Living Area 3,602 sq ft
Architectural Style Prewar
Lot Size 8,878 sq ft
Parcel # 0897-1026

Listing History

Event Date Price Change
Listed Sep 11, 2017 $5,250,000 -
Currently Jun 5, 2026 $4,925,000 -6.2%

Description

Residence 5A at The Abbey Condominium, located at 205 East 16th Street between Third Avenue and Rutherford Place, is a distinctive, exceptional offering in a striking, historic landmark. Constructed in 1888, the Romanesque Revival-style building originally functioned as a parish house for St. George's Church next door. While the historical character and integrity of the building is maintained throughout, the home has been thoroughly modernized and updated through a thoughtful, meticulous renovation. A proper foyer and adjacent extra-large mud room/walk-in coat closet set the tone for the size and scope of this spacious home. An expansive great room, with dramatic ceiling heights of 11'9”, sits at the center of the residence and is the ideal entertaining space. This spectacular dining/living area features the original coffered ceilings and stained glass windows, highlighting bright, southern exposures. Tucked to the side, the open, eat-in kitchen boasts custom oak cabinetry, a mosaic tile backsplash, hammered stone countertops, terra cotta tiled floors, stainless steel appliances and a Shaws original farmhouse sink. A roomy walk-in pantry offers additional kitchen storage space. The entrance to the grand master suite opens to a spacious, windowed home office with large built-in desk. Stairs lead down to the private, airy master bedroom with soaring 10'9” ceilings and a lovely, sunny solarium and terrace. The master bathroom, clad in elaborate mosaic tile, showcases original, exposed brownstone columns. The main level features three additional bedrooms, one of which is located off the living room and could also function as a den. The oversized, corner bedroom offers both southern and eastern exposures over St. George's Church, and has a deep closet and en-suite bathroom. Also on this floor is a suburban-sized laundry room/service entrance, which includes two full-sized washers and dryers, and ample shelving and hanging space. On the upper level, the fifth bedroom is a secluded retreat, with more breathtaking stained glass windows (and views), a walk-in closet and an en-suite marble bathroom. All of the unique 4.5 bathrooms are appointed with high-end fixtures and TOTO Washlet toilets. Antique stained glass and exquisite vintage light fixtures are found throughout this extraordinary home. Other features include oak hardwood flooring and central HVAC throughout. The Abbey is situated on a quiet, tree-lined block with no through traffic, in the charming Stuyvesant Square Historic District. The full-service condo's staff consists of a 24/7 doorman, porter and live-in super. The building is just a half block from the historic four-acre Stuyvesant Square Park, which boasts magnificent old trees and plantings, a dog park, beautiful fountains, bluestone sidewalks and the original cast iron fence from 1847. The Abbey is also in close proximity to both Gramercy Park and Union Square, thereby providing several top-rated dining, shopping and entertainment options and is extremely accessible to several subway and bus lines.

Features & Amenities

Exterior Features

Building Terrace Terrace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building Data View Compliance & Permits
Total Units 32
Stories 6
Style Prewar

Financial Details

Common Charges $3,284/mo
RE Taxes $52,884/yr ($4,407/mo)
Original Price $5,250,000
Sale Price $4,925,000

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

$1.40M

Median $/Sqft

$1,732

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

25

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 6/5/26, 6:50 AM EST

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Location

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205 E 16TH Street #5A, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
C4-3A
Zoning District

Tax & Assessment

Assessed Value: $459,000
Land Value: $45,450
Exemptions: $0

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

Lot Area: 2,024 SF
Building Area: 2,024 SF
Built FAR: 1
Allowed FAR: 3

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 common charges are $3,284 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $52,884, or roughly $4,407 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,602 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1888, making it approximately 138 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,925,000 for 3,602 sq ft, the asking price per square foot is approximately $1,367. 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 [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: RLS10578250
First Listed: 9/11/2017
Closed: 1/12/2018
Contract Date: 9/12/2017

Listing Courtesy of CORE Group Marketing, LLC - Henry Hershkowitz

Listing Contact: (917) 686-3739

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 6/5/2026 at 10:50 AM UTC

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