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$1,650,000
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Property Description
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.
Full Property Details
Full Property Details for 126 E 16th St #PH5A
General
- Sold For: $1,650,000
- HOA FEE: $2,566/month
- Status: Closed
- Type: Apartment
- Source: REBNY
- MLS ID: RLS11010109
- Added to Site: 563 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Dryer, Washer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: In Unit, See Remarks
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
- Porch/Patio/Deck: Terrace, Rooftop
Location
- County: New York
- Subdivision: Gramercy
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 5
- Year Built: 1920
Lot Features
- Lot Dimensions: 47.420000 x 103.250000
Financial Considerations
- Association Fee: $2,566
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 871
- Lot Number: 56
Listing Courtesy of Compass
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Schools
Schools serving 126 E 16th St #PH5A
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Jhs 104 Simon Baruch 330 East 21st Street, New York, NY 10010 | 7-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 E 16th St #PH5A
Date
Details
Price
Change
Source
7/09/2025
Sold
$1,650,000
—
MLS
1/11/2025
Price Reduced
$1,650,000
-5.71%
MLS
12/01/2024
Price Reduced
$1,750,000
-7.89%
MLS
9/18/2024
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
126 E 16th Street #PH5A, New York, NY 10003 (MLS# RLS11010109) is a Apartment property that was sold at $1,650,000 on July 09, 2025. Want to learn more about 126 E 16th Street #PH5A? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

