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Gramercy Spire, 142 East 16th Street, #5A

$769,000 ($809 per ft2) | 1 bed, 1 bath | Approx. 950 ft2
Building Profile  | 
55 days on Market

Key Details

  • Listed: Oct 28, 2024
    Days on Market: 55
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 195 times
Monthly Maintenance: $1,955 ($2.06/ft2)
Est. Monthly Mortgage: $4,085
Total Est. Monthly Carrying Cost: $6,040 ($6.36/ft2)
Note: the above is based on a down payment of 20% ($153,800), which is the minimum amount permitted by the building.

Description

Discover this large (approximately 950 sq. ft.) one-bedroom, one-bath apartment located in a full-service, 22-story high-rise co-op in the heart of the charming Gramercy Park area. This quiet well-designed residence boasts a generous living room and dining area, a well-proportioned bedroom, and a bonus enclosed balcony. With two updated HVAC units, comfort is assured year-round.

The open kitchen with updated appliances, features a breakfast bar, dishwasher, and ample cabinet and counter space, making it perfect for cooking and entertaining.

The expansive living room provides a tranquil view of the serene backyard gardens on 17th Street, thanks to four large windows in the enclosed balcony, which can also serve as a private home office or guest room. The sizable bedroom easily accommodates a king-size bed and includes a spacious walk-in closet. Storage is plentiful, with a total of four closets throughout the apartment.

Building amenities include a full-time doorman, central HVAC, a common outdoor garden and central laundry facilities for added convenience.

Storage cages and additional bike storage are available for rent. The building also has an on-site live-in super as well as a handyman.

This pet-friendly and smoke-free building permits subletting for 3 out of 5 years after a 2-year residency. While there is a parking facility on-site, please note that it is currently wait-listed.

The building is also planning for a new lobby.

Centrally located near Union Square Park and the Farmers Market, this apartment is just blocks away from Trader Joe’s, Whole Foods, and an array of top-rated restaurants. Local subway and bus transportation options are also conveniently close, making commuting a breeze.

Don’t miss the opportunity to make this lovely Gramercy Park apartment your new home!

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

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