Key Details

Listed: May 13, 2024

Last Price Change: ($60,000) on Jul 11

Days on Market: 117

Building Type: Cooperative

Neighborhood: Gramercy Park (Manhattan)

Doorman: FT Doorman

Monthly Maintenance: $1,963

Est. Monthly Mortgage: $3,702

Total Est. Monthly Carrying Cost: $5,665

Note: the above is based on a down payment of 20% ($147,800), which is the minimum amount permitted by the building.

Description

PRICE REDUCED AMAZING VALUE! Welcome 142 E 16th Street, Residence 5D, a beautiful, extra large home in the heart of Gramercy that is perfect for buyers looking for great value with extra space in an amazing location. As you enter the home you are greeted by newly refinished solid wood floors, fresh white paint, and a foyer with a full wall of closets. The expansive living room easily accommodates living, dining, and work spaces with ease.

The converted balcony maximizes space and is the perfect spot for a guest room or private home office. The updated galley kitchen features wood cabinetry, stone countertops, stainless steel appliances, and a breakfast bar. Directly across from the kitchen is addition space for dining or another home office.

The jumbo sized bedroom features beautiful built-ins, a walk-in closet, an addition closet, and fits a king-sized bed with room for additional furniture. The Gramercy Spire is a full service co-operative building featuring a full-time doorman, live-in superintendent, central laundry room, bike room, onsite garage, and garden courtyard. Pets, subletting (3 out of 5 years after living in the unit for 2 years), pied-a-terres, co-purchasing, and gifting, are all allowed on a case-by-case basis. Located in a prime Gramercy location, The Gramercy Spire provides you easy access to everything Manhattan has to offer including Whole Foods, Union Square, Trader Joe’s, numerous exciting restaurants, and multiple transportation options.

Don’t miss out on this incredible opportunity in the heart of Manhattan. Contact us today to schedule a viewing.

About Gramercy Spire, 142 East 16th Street

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

Out of 44

Out of 36

Out of 39

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

Co-op
Built in 1964
146 Apartments
22 Floors

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

About this Building

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

Map View | Street View

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Subways

at 3rd Ave and 14th 0.13 miles

at 4th Ave and 15th 0.16 miles

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

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

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

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Key Details

Description

Pricing History

About Gramercy Spire, 142 East 16th Street

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

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

Other Apartments Available in this Building (5)

Buy & Sell

Rent

Buildings

Insights

Company

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