3 months on rocket

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

$1,750,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths
Condo

Location

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126 E 16th St Unit Ph5A, New York$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1920
MLS #COMP-1668172503873888881
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Pacey Barron
  • Agent Phone: (917) 628-8145

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

HOA Fees:

  • Amount: $2516
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

126 E 16th St Unit Ph5A vs New York

91 DAYS ON ROCKET

+6 Days

$1,750,000

+$899.8K More

KEY TAKEAWAY

This property is $899.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1668172503873888881

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Pacey Barron
  • Agent Phone: (917) 628-8145

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 12/22/2024, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-961774
9
/10
  • P.S. 40 Augustus Saint-Gaudens School

  • 320 E 20th St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-961775
7
/10
  • Sixth Avenue Elementary School

  • 64 W 17th St

  • 0.49 miles

  • Public District Grades PK-3

school-card-donut-961776
9
/10
  • P.S. 41 Greenwich Village School

  • 116 W 11th St

  • 0.61 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,028. Residents of New York, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 126 E 16th St Unit Ph5A

What is the listing price of this property?

The listing price of 126 E 16th St Unit Ph5A property is $1,750,000.

What type of property is this?

The property 126 E 16th St Unit Ph5A is a condo located in New York City, New York, 10003.

Is this property for sale now?

Active Listing: 126 E 16th St Unit Ph5A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 126 E 16th St Unit Ph5A has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 126 E 16th St Unit Ph5A is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 126 E 16th St Unit Ph5A is 1920.

Rocket HomesNew YorkNew York10003126 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. This home was built in 1920. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $1,750,000.

While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. In November 2024 median list price was $850,115 and the average listing age was 85 days.

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

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