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Gramercy Spire, 142 East 16th Street, #17E

$699,000 ($822 per ft2) | 1 bed, 1 bath | Approx. 850 ft2
Building Profile  | 
325 days on Market

Key Details

  • Listed: Dec 12, 2023
    Last Price Change: ($50,000) on Oct 22
    Days on Market: 325
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 495 times
Monthly Maintenance: $2,207 ($2.60/ft2)
Est. Monthly Mortgage: $3,702
Total Est. Monthly Carrying Cost: $5,909 ($6.95/ft2)
Note: the above is based on a down payment of 20% ($139,800), which is the minimum amount permitted by the building.

Description

Welcome home to your dream apartment in one of Manhattan’s most sought after neighborhoods Gramercy Park. This rare and extremely large 1 bedroom, 1 bathroom on the 17th floor gets great light and has lovely Eastern Views. The closet space is phenomenal and features 4 large closets!

The apartment is in semi original condition with parquet floors and original bathroom. The kitchen however has been opened up and has new stainless steel appliances. The owner recently upgraded the thru wall HVAC units in the living room and bedroom.

The terrace is very large and could accommodate a table with chairs for Al Fresco dining as well as some chaise lounges to soak in the great morning sunlight.

The building is one of the most renowned in Gramercy and is known as the iconic Gramercy Spire. It is steps to Union Square, Trader Joes as well as the 14th Street Union Square subway for 4,5,6, N, Q, R,L train lines. Once a week in Union Square there is a Farmer’s Market where farmers come from all over the Tri State with their incredible produce.

The building is a white glove Coop and has a full time 24hr Doorman, Live-in Super and porter. The building has bike storage, Laundry in the basement and a garage available for building residents. The Gramercy Spire is very Pet Friendly and allows subletting for 3 out of 5 years after 2 years of ownership, Pied A Terres are permitted as well as Co-Purchasing.

Please don’t delay and reach out to us today for a private tour of this wonderful residence.

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Gramercy Spire, 142 East 16th Street

54

Gramercy Spire, 142 East 16th Street has received a CityRealty Rating of 54, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
21
Out of 36
+
11
Out of 39
=
54
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Post War
  • Central AC
  • Full Service Garage
  • Garden
  • Washer/Dryer in building
  • Elevator
  • On-Site Parking
  • Outdoor Entertainment Space
  • Laundry Room
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Convenient to the Union Square- Gramercy Park and Flatiron Districts
  • Garage
  • Excellent public transportation
  • Many balconies- some at the corners
  • Doorman
  • Just to the east of Irving Place and many pleasant restaurants
  • Very close to attractive Stuyvesant Park
  • Close to Subway
Cons
  • Bustling area with considerable traffic on Third Avenue
  • Not many major views
  • No sundeck
  • No health club
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Subways

  1. L
at 3rd Ave and 14th 0.13 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 4th Ave and 15th 0.16 miles

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