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Gramercy Spire, 142 East 16th Street, #18C

$675,000 ($1,038 per ft2) | Studio, 1 bath | Approx. 650 ft2
Building Profile  | 
88 days on Market

Key Details

  • Listed: Sep 25, 2024
    Last Price Change: ($24,000) on Sep 25
    Days on Market: 88
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $1,456 ($2.24/ft2)
Est. Monthly Mortgage: $3,585
Total Est. Monthly Carrying Cost: $5,041 ($7.76/ft2)
Note: the above is based on a down payment of 20% ($135,000), which is the minimum amount permitted by the building.

Description

High floor, corner unit with private balcony with city views and abundant light.

The spacious apartment is currently set up as a studio with separate sleeping area, but can be converted into a 1-bedroom if desired. The current bedroom setup has a built-in closet and window facing north. The bathroom was recently renovated with a standing shower tub.

By the entryway, there is ample closet space providing loads of storage.

There is an office area near the entryway, which can also be used for dining or incorporated into the kitchen.

There’s a 24 hour doorman concierge & a live-in super. The building also has a laundry room, a garage & bike room. Located 1 block away from Union Square, this professionally-managed co-op building is walking distance from many great restaurants, grocery stores like Trader Joe’s and Whole Foods, and the Union Square Farmer’s Market.

Pets & Sublets allowed (owner must reside in the apartment for at least 2 years & can sublet for 3 years out of a five year period), pied-a-terre, co-purchasing & gifts on a case by case basis.

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Apartment Amenities

  • River View
  • Balcony
Listing courtesy of Serhant

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 0.12 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 4th Ave and 15th 0.17 miles

Other Apartments Available in this Building (2)

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