
126 E 16th St Unit PH-5A New York, NY 10003
Gramercy Park NeighborhoodHighlights
- Terrace
- 3-minute walk to 3 Avenue
- 4-minute walk to Union Square Park
- P.S. 110 Florence Nightingale Rated A
- No Heating
About This Home
As of July 2025Discover your private urban escape at Penthouse 5A, nestled just off Irving Place in the heart of Gramercy Park and Union Square.
This spacious one-bedroom (convertible two-bedroom), two-bathroom home is designed for flexibility and ease. Whether you prefer the privacy of a second bedroom/home office or the openness of a dining area, the adaptable floor plan caters to your needs. The expansive living and dining area features three north-facing windows, custom millwork, and a rare wood-burning fireplace—ideal for cozy evenings in the heart of the city. The separate but open kitchen is a chef's delight, with top-of-the-line appliances, ample countertops, and abundant storage.
Upstairs, you'll find a sun-drenched primary bedroom with an en-suite bathroom, a walk-in closet, and direct access to a 414-square-foot private terrace/roofdeck. This beautifully landscaped, north-facing terrace offers complete privacy, providing the perfect space for relaxation or entertaining guests with ease.
The home also features an in-unit washer dryer, through-wall AC, and hardwood floors throughout. Guarantors, gifts, co-purchasing, subletting and pets all allowed on a case-by-case basis with board approval.
Ideally located, just steps from Gramercy Park and Union Square, this home puts you at the center of the city's finest offerings of shopping and dining such as Casa Mono, Friend of a Farmer, and Irving Farm Coffee Roasters, or explore the vibrant Union Square Greenmarket. Being near Union Square offers you access to the 4,5,6,L,N,R,W & Q trains.
Property Details
Home Type
- Co-Op
Year Built
- Built in 1920
HOA Fees
- $2,566 Monthly HOA Fees
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Terrace
Utilities
- No Cooling
- No Heating
Community Details
- 13 Units
- Gramercy Subdivision
- 5-Story Property
Listing and Financial Details
- Legal Lot and Block 0056 / 00871
Similar Homes in New York, NY
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Sold | $1,650,000 | 0.0% | -- |
03/27/2025 03/27/25 | Pending | -- | -- | -- |
01/11/2025 01/11/25 | Price Changed | $1,650,000 | 0.0% | -- |
01/11/2025 01/11/25 | For Sale | $1,650,000 | -5.7% | -- |
12/29/2024 12/29/24 | Off Market | $1,750,000 | -- | -- |
12/01/2024 12/01/24 | Price Changed | $1,750,000 | -7.9% | -- |
09/18/2024 09/18/24 | For Sale | $1,900,000 | -- | -- |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Pacey Barron
Compass
(917) 628-8145
1 in this area
22 Total Sales
-
Seller Co-Listing Agent in 2025
Vickey Barron
Compass
(646) 960-6183
1 in this area
77 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11010109

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