$475,000
PENDING $50K PRICE DROP

Estimated payment $4,220/month

Total Views 3,049
-- Bed
1 Bath
625 Sq Ft
$760 Price per Sq Ft

Highlights

  • Entrance Foyer
  • Central Air
  • Laundry Facilities
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Garage
  • 4-minute walk to Peter's Field

About This Home

SUNNY AND QUIET – HIGH FLOOR ALCOVE STUDIO WITH LOW MAINTENANCE!

Sunny and quiet, high floor alcove studio with incredible closet space – the eastern exposures allow for tranquil courtyard views and an abundance of light ... welcome to 16L!

This spacious alcove studio has a low maintenance, as well as a flexible alcove that can be used for an office space, dressing room, or reconfigure it and create a separate sleeping space. The flexible, large living room could easily welcome a bedroom space, dining nook, and a living room – can be configured to your specifications to create a totally unique oasis in the middle of the greatest city in the world!

Enjoy the sunlight in this east facing studio with views of a lovely park, a canopy of tree tops and views all the way to LIC and on July 4th enjoy the East River fireworks from the privacy of your own home! Endless potential to create your own custom space. Kitchen includes solid wood original cabinets. The entire space can be renovated including creation of an open kitchen.

Look out your window and see the trees of a green space ... and enjoy the silence of a courtyard just below your windows, no street in your views, no traffic, no pedestrians, all silence on this wonderful cul-de-sac. You can have 16L as your new home in a fantastic and centrally located building, as your pied-a-terre in the wonderful Kips Bay/Gramercy Park neighborhood, or as your long-term investment! Dishwasher and washer dryer all can be added with approval.

New York Towers is a PET-FRIENDLY, well-established, full-service building with a 24-hour doorman, concierge desk for packages and an experienced staff. The building features a recently renovated lobby with designer furniture.

There is a Citi Bike station across the street as well as a new green space and park right next door. Also features a large recently renovated laundry room, bike, and package room, private storage, and a Resident Manager/Super, as well as dedicated on-site Property Manager. Garage with direct access into the building with resident discount rate of $328/month and no wait list!

This coveted neighborhood is centrally located for easy access to Madison Square Park, Gramercy Park, Flatiron, East Village, Union Square and all transportation including subway (near the 6, N, R, and L trains) and bus services, and exceptional shopping with Trader Joe’s, Fairway, and a new Target nearby.

Conveniently located near NYU Dental, Medical, Engineering & Nursing Schools. You can also enjoy some of New York City’s best restaurants including Eataly, Black Star Cafe, Citizens of Gramercy, Mexico Lindo, Hane Sushi, Posto Pizza, the new Rosemary’s East, as well as the best bagels in NYC with Tal, Pick-A-Bagel and Essa Bagels, and of course Starbucks all close by! Great shopping close by including Trader's Joes, Fairway and a new Whole Foods with cafe.

The thermostatically controlled air conditioning and heating are included in the monthly maintenance as well as water and cooking gas! Co-purchasing, gifting, pied-a-terre, and subletting are all allowed. The building has completed its cogeneration conversion ensuring energy efficiency and power during any storms with an on-site generator.

With an abundance of sunlight, numerous closets, and classic hardwood floors throughout, this beautiful home is a dream!

Call or email us for showings!

Listing Agent

Risa Morley

Nardoni Realty Inc License #10301215631 Listed on: 02/27/2024

Co-Listing Agent

RUSSELL MEDINA

Nardoni Realty Inc License #10401222191

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1963

HOA Fees

  • $1,122 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 625 Sq Ft Home
  • Entrance Foyer

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1 / 930

Community Details

Overview

  • High-Rise Condominium
  • Kips Bay Subdivision
  • 20-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,122 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 16
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 20

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 625.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Building Storage

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1122.49
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 20
  • Year Built: 1963

Tax Info

  • Tax Block: 930
  • Tax Lot: 1

Map

Range of Values:

Collateral Analytics

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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 Change Sq Ft Price
04/19/2025 04/19/25 Pending -- -- --
10/22/2024 10/22/24 Price Changed $475,000 -4.8% $760 / Sq Ft
03/31/2024 03/31/24 Price Changed $499,000 -5.0% $798 / Sq Ft
03/23/2024 03/23/24 Price Changed $525,000 +6.1% $840 / Sq Ft
03/22/2024 03/22/24 Price Changed $495,000 -5.7% $792 / Sq Ft
02/28/2024 02/28/24 For Sale $525,000 -- $840 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10979401

Real Estate Board of New York (REBNY)