$1,875,000
PENDING $115K PRICE DROP

Estimated payment $14,498/month

Total Views 12,418
2 Beds
2 Baths
1,200 Sq Ft
$1,562 Price per Sq Ft

Highlights

  • River View
  • 3-minute walk to 3 Avenue
  • 1 Fireplace
  • P.S. 110 Florence Nightingale Rated A
  • Wood Flooring
  • 4-minute walk to Union Square Park

About This Home

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.

Listing Agent

Nick Oliver

Hauseit LLC License #10491209845 Listed on: 04/21/2025

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1983

HOA Fees

  • $2,790 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • South Facing Home
  • No Heating

Listing and Financial Details

  • Property Available on 11/29/25
  • Legal Lot and Block 0056 / 00871

Community Details

Overview

  • Association fees include water
  • Gramercy Subdivision

Amenities

  • Elevator

Property Details

Home Type

Co-Op

Year Built

Built in 1983

Lot Details

0

HOA Fees

$2,790 per month

Listing Details

  • Cross Street: 3rd Ave/Irving Pl
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Architectural Style: Loft
  • Entry Level: 4
  • Structure Type: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Balcony, Building Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Elevator(s)
  • Heating: None
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2790.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Fee Information

  • Common Charge/Maintenance Fee Includes: Water

Building Info

  • New Construction: No
  • Year Built: 1983

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-11-29

Tax Info

  • Tax Block: 00871
  • Tax Lot: 0056

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Pending -- -- --
09/16/2025 09/16/25 Price Changed $1,875,000 -5.8% $1,563 / Sq Ft
04/21/2025 04/21/25 For Sale $1,990,000 +4.7% $1,658 / Sq Ft
08/04/2017 08/04/17 Sold $1,900,000 +5.8% -- View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $1,795,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20017891

Real Estate Board of New York (REBNY)