$10,000

closing credit¹

126 E 16th St Unit Ph5A New York City, NY 10003

$1,650,000
1 bed
2 full
Condo

Property details

About 126 E 16th St Unit Ph5A

Discover your private urban escape at Penthouse 5A, nestled just off Irving Place in the heart of Gramercy Park and Union Square. This spacious one-bedroom (convertible two-bedroom), two-bathroom home is designed for flexibility and ease. Whether you prefer the privacy of a second bedroom/home office or the openness of a dining area, the adaptable floor plan caters to your needs. The expansive living and dining area features three north-facing windows, custom millwork, and a rare wood-burning fireplace—ideal for cozy evenings in the heart of the city. The separate but open kitchen is a chef's delight, with top-of-the-line appliances, ample countertops, and abundant storage. Upstairs, you'll find a sun-drenched primary bedroom with an en-suite bathroom, a walk-in closet, and direct access to a 414-square-foot private terrace/roofdeck. This beautifully landscaped, north-facing terrace offers complete privacy, providing the perfect space for relaxation or entertaining guests with ease. The home also features an in-unit washer dryer, through-wall AC, and hardwood floors throughout. Guarantors, gifts, co-purchasing, subletting and pets all allowed on a case-by-case basis with board approval. Ideally located, just steps from Gramercy Park and Union Square, this home puts you at the center of the city's finest offerings of shopping and dining such as Casa Mono, Friend of a Farmer, and Irving Farm Coffee Roasters, or explore the vibrant Union Square Greenmarket. Being near Union Square offers you access to the 4,5,6,L,N,R,W & Q trains.

Highlights

Home typeStock Cooperative
StatusActive
Year built1920
MLS #RLS11010109

Summary

  • MLS Number: RLS11010109
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Office Email: daniel.marrello@compass.com
  • Listing Agent: Pacey Barron
  • Agent Phone: (917) 628-8145

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/31/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of patio with an outdoor hangout area and a deck

$1,650,000

126 E 16th St Unit Ph5A

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

P.S. 40 Augustus Saint-Gaudens School

Public District KG-5

0.3 mi

320 E 20th St

7

Sixth Avenue Elementary School

Public District PK-3

0.5 mi

64 W 17th St

9

P.S. 41 Greenwich Village School

Public District PK-5

0.6 mi

116 W 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $109,028. The most common annual income of people living in New York City, NY is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

15%
<35k
32%
35k-100k
23%
100k-200k
30%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
2%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
23%
18-34 yrs old
49%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 126 E 16th St Unit Ph5A

This home is located at 126 E 16th St Unit Ph5A in New York City, NY and zip code 10003 in the Gramercy Park neighborhood. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $1,650,000.

Over 215 listings were sold over their listed price in December 2024 in New York City, NY. In the same period over 736 listings were sold below the listed price and 870 listings were sold for the listed price. The number of listings in New York City, NY decreased by 8.6% between November and December 2024. In December 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $853,573.

From Rocket Homes Real Estate and based on county public records data.

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