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. 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. 1% Flip tax paid by seller.
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.
Sold
$1,650,000
126 E 16th St UNIT PH5A, New York, NY 10003
1beds
--sqft
Coop
Built in 1920
-- sqft lot
$1,649,600 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 04:26am
Listed by:
Pacey Barron,
Compass
Source: StreetEasy,MLS#: S1735520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 0
Property
Features
- Patio & porch: Deck, Terrace
- Exterior features: Private Roof Deck, Terrace
Details
- Special conditions: Resale
Construction
Type & style
- Home type: Cooperative
- Property subtype: Coop
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: New York
- Subdivision: Gramercy Park
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,566 monthly
- Amenities included: Elevator(s)
- Services included: Maintenance