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142 East 16th Street 11BNew York, NY 10003

For Sale

$695,000

Smart Buyer Rebate $4,875

Oversized Studio with Private Outdoor Space at The Gramercy Spire, a full-service premier building located steps from Union Square.

This 11th-floor corner residence boasts oversized windows framing open city views, flooding the home with natural light throughout the day. An entry foyer welcomes you into the spacious living area with dedicated sitting and dining areas. Three large closets, including a walk-in, provide exceptional storage throughout.

The windowed kitchen has been thoughtfully renovated with stainless steel appliances, including a four-burner gas range and dishwasher. Ample counter space and a separate pantry make cooking both stylish and highly functional. The pristine bathroom features crisp mid-century tile work and a shower/tub combination.

The sleeping area easily accommodates a king-size bed and additional furniture. Floor-to-ceiling windows open to a private 77-square-foot balcony, creating a seamless indoor-outdoor flow and the perfect spot for morning coffee or evening relaxation watching the sunset. Direct summer sun makes the balcony an urban-gardener's dream, and western exposure further elevates 11B as one of the most sought-after studio residences in Gramercy Park.

The Gramercy Spire is a full-service co-op building that features:
- 24-Hour Doorman
- Resident Superintendent
- Laundry Room
- On-Site Parking Garage
- Bike Room
- Additional Resident Storage
- Pet Friendly

Pied-à-terre, co-purchasing, gifting, and subletting (three of five years after two years of residency) are permitted with board approval.

Enjoy the renovated lobby and outdoor common space at no additional cost. The seller has already covered the assessment for this work in full.

Ideally located right off Union Square, you'll have immediate access to the neighborhood's vibrant farmers market, Whole Foods, Trader Joe's, Irving Place, shops, and restaurants.

Transportation from this central neighborhood is effortless, with N/Q/R/W and L/4/5/6 trains, excellent bus service, and CitiBike stations all within easy reach.

The perfect studio apartment awaits - NYC living at its finest.

Listed by William Reynolds Duck

·

Corcoran Group

·

(336) 692-2560

Listed by Samantha Kirsch

·

Corcoran Group

Last updated April 01, 2026

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Source: REBNY #RLS20078195

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodUnion Square
  • Bathrooms1
  • Days on Prevu16
  • HOA/Maint. Fees$1,506/month

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

03/19/2026
Listed by Corcoran Group
$695,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $695,000 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 142 East 16th Street 11B

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $1,506.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Paid By Seller

Exterior

Construction

  • Number Of Units Total: 146
  • Stories Total: 22
  • Structure Type: High Rise
  • Year Built: 1964
  • Building Name: GRAMERCY SPIRE
  • Entry Level: 11

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Balcony
  • View: City

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Gramercy Park
  • Tax Block: 00871
  • Tax Lot: 0044

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 142 East 16th Street 11B.

Are pets allowed at 142 East 16th Street?

Yes, 142 East 16th Street allows pets.

How does 142 East 16th Street 11B compare to other co-ops in Union Square?

This co-op is listed 63% below the average price for co-ops in Union Square and has been on the market for 89 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the Gramercy Spire building.

142 East 16th Street 11B is a -bedroom, 1-bath co-op for sale in New York NY 10003. On Prevu for 16 days at $695,000. This home is located in Union Square. The median listing price for co-ops in this area is $2,795,000. Property amenities include private outdoor space, pets allowed, and doorman. Browse more co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.