Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $610,000

· Closed February 27, 2026

Closed For Sale Co-op

$610,000

$965 per sq ft

142 E 16TH Street #18G

Gramercy Park, Manhattan

GRAMERCY SPIRE

MLS® #RLS20039276

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

632

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 632 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,601/mo
Neighborhood Gramercy Park
Floor 18 of 22

Property Highlights

  • Views: City Lights, City, Panoramic
  • Exposure: North,South,West facing
  • Outdoor Space: None, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 18 of 22
View City Lights, City, Panoramic
Exposure North,South,West
Pets Yes
Year Built 1964
Living Area 632 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00871/0044

Listing History

Event Date Price Change
Listed Jul 28, 2025 $625,000 -
Price Reduced Feb 27, 2026 $675,000 +8.0%
Currently May 7, 2026 $610,000 -9.6%

Description

18G, high above Gramercy Park is a one of kind dawn to dusk sunlit apartment offering unique views of the iconic clocktower.
The Gramercy Spire, in the heart of Gramercy Park is a stunning loft style studio that allows you to create your dream space.
Situated on the 18th floor with a sweeping southwestern exposure, your living space is filled with light and color.
18G gives you open sky and city views, the perfect backdrop for enjoying the sunset on your private outdoor space.
Whether you are seeking a creative space, or one that inspires outdoor living potential, this home is a rarity for buyers with vision.
The interior features an open-plan layout with a defined office space for work at home.
The wall of windows and soaring ceilings give this residence its distinctive loft-like feel - a unique offering in this coveted neighborhood.
With the apartment in its original condition, the layout offers exceptional flexibility to tailor the kitchen, bathroom, oversized closets, and dressing room to your personal vision.

The world famous Gramercy Spire offers a suite of amenities, including a 24-hour concierge, 2 wheel storage, on-site parking garage (waitlist), laundry facilities, and a soon to be created outdoor space that will be the envy of Gramercy Park. The Spire is pet-friendly and permits pied-a-terre ownership with board approval.
Heat and A/C are created by an Eco convector provided by the building.

Situated between Irving Place and Third Avenue, you're just moments from Union Square, offering access to multiple subway lines (4/5/6, N/Q/R/W, and L), the Union Square Greenmarket, and a vibrant mix of dining, shopping, and lifestyle amenities. Enjoy nearby parks like Stuyvesant Square and acclaimed restaurants such as ABC Kitchen, Friend of a Farmer, and Pete's Tavern. Indulge in sweet treats at Panna, a night of comedy at The Stand NYC, or savor classic French cuisine at Boucherie Union Square.
Enjoy convenient access to Equinox and Chelsea Piers Fitness, both offering top-tier facilities. Your everyday grocery runs are easy and convenient with a nearby Trader Joe's.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard Balcony Private Outdoor Space Over60 Sqft None Balcony

Building Amenities

Bike Storage Elevators

Building Information

Building GRAMERCY SPIRE
Building Data View Compliance & Permits
Total Units 146
Stories 22
Structure HighRise

Financial Details

Maintenance $1,601/mo
Original Price $625,000
Sale Price $610,000
Previous Price $675,000

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

163

Median Asking Price

$1.45M

Median $/Sqft

$1,814

Avg Days on Market

N/A

New This Week

10

Price Reduced

25%

Sold (30 Days)

22

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 5/7/26, 9:03 AM EST

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Location

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142 E 16TH Street #18G, Gramercy Park, New York County

Virtual Tour

Floor Plans

Floor Plan 1

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: $122,640
Land Value: $18,780
Exemptions: $0

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

Lot Area: 1,800 SF
Building Area: 2,000 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 $1,601 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 632 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1964, making it approximately 62 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: NA,Building Pets Allowed Comments:NA. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $610,000 for 632 sq ft, the asking price per square foot is approximately $965. 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: RLS20039276
First Listed: 7/26/2025
On Market: 7/28/2025
Price Changed: 2/27/2026
Closed: 2/27/2026
Contract Date: 7/26/2025

Listing Courtesy of Corcoran Group - Jonathan Jossen

Listing Contact: (646) 208-2904

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 5/7/2026 at 1:03 PM UTC

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