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126 East 16th Street #PH4C
Coop in Gramercy Park •  building info
2bd • 2ba • 1,200ft² $1,563 per ft²
List Price

$1,875,000

Key Details
Days on market
207
Last price change
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Estimated payment
$12,026/mo
Taxes
Included in maintenance fees
Maintenance
$2,790/mo
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.

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Important Stuff
Washer/Dryer in unit
Elevator
Cats and Dogs allowed
Unit features
Dishwasher
Fireplace
Hardwood floors
Private outdoor space

Balcony, Private Garden, Roof Deck, Terrace

View

City, Garden, Skyline, Water

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,875,000
Asking Price: $1,875,000
Term
30 Years
Down Payment
$375,000 (20%)
Min: 20% (375,000)
Rate
6.25 %
Mortgage Amount
$1,500,000
Mortgage Payment
$9,236
Maintenance
$2,790
Estimated closing cost
$26,000
Total monthly cost $12,026
Listing Courtesy of Hauseit

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