---
title: "142 East 16th Street #11B, New York City, NY 10003"
description: "142 East 16th Street #11B, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $645,000. In contract 6/30/2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $9,675 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/142-east-16th-street-b-11B-ny-10003"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 142 East 16th Street #11B, New York City, NY 10003

Gramercy Park, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $645,000
- **Status**: In contract 6/30/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,506 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $645,000
- **Illustrative Buyer Commission Share**: -$9,675*
- **Illustrative Net Cost**: $635,325

*Illustrative Buyer Savings of $9,675 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![142 East 16th Street #11B, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4320f5cd-1e6a-442d-a3e3-615332a105dc.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa9760ab-d4df-4fa6-b971-b50d62722740.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7b568d8-91db-4dae-bbec-def3f15d6dc6.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e3295f89-b72b-43f8-b450-00fd3a78863c.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d049b903-bfe0-49d1-af27-f0d082c41b63.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df233f4d-c96a-41c9-88e6-0aa321ed8bc2.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/739595e1-7faa-458f-9898-901ee2f7c646.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0bc20f04-ab5f-4546-8741-64886ea3fbd8.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9343c5d-8409-4971-ad01-a348028eff27.jpg)
![142 East 16th Street #11B, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/592e23a5-e52e-48fa-916e-09651331d763.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 22
- **Year Built**: 1964
- **Common Charges**: $1,506 / Monthly
- **Listed On**: Mar 19, 2026
- **Days on Market**: 178 Days

### Residence Features

- Building Other
- Building Courtyard
- Balcony
- Private Outdoor Space Over 60 Sqft
- Storage
- Walk-In Closet(s)
- City

## Sales Evidence

### Recent closed sales

37 apartments at GRAMERCY SPIRE have recorded sales since September 2021, the most recent for $605,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 14F (Apartment) | Studio | 625 | $605,000 | $968/ft² | April 29, 2026 | City record · MLS |
| 18G (Apartment) | Studio | 632 | $610,000 | $965/ft² | February 27, 2026 | City record · MLS |
| 7G (Apartment) | Studio | 565 | $575,000 | $1,018/ft² | December 22, 2025 | City record · MLS |
| 22A (Apartment) | 1 | 900 | $1,200,000 | $1,333/ft² | November 17, 2025 | City record · MLS |
| 5E (Apartment) | — | — | $625,000 | — | October 17, 2025 | City record |
| 15E (Apartment) | 1 | — | $905,000 | — | August 14, 2025 | City record · MLS |
| 14E (Apartment) | 1 | 875 | $965,000 | $1,103/ft² | August 11, 2025 | City record · MLS |
| 18C (Apartment) | 1 | — | $670,000 | — | June 12, 2025 | City record · MLS |
| 10D (Apartment) | 1 | — | $692,500 | — | May 28, 2025 | City record · MLS |
| 5A (Apartment) | 1 | 950 | $745,000 | $784/ft² | April 29, 2025 | City record · MLS |
| 17E (Apartment) | 1 | 850 | $679,000 | $799/ft² | April 14, 2025 | MLS |
| 18A (Apartment) | 2 | — | $769,000 | — | March 27, 2025 | City record · MLS |
| 4D (Apartment) | — | — | $682,000 | — | January 28, 2025 | City record |
| 4H (Apartment) | 1 | — | $950,000 | — | January 21, 2025 | City record · MLS |
| 12G (Apartment) | Studio | 650 | $650,000 | $1,000/ft² | November 22, 2024 | City record · MLS |
| 5D (Apartment) | 1 | — | $750,000 | — | October 18, 2024 | City record · MLS |
| 5H (Apartment) | 1 | — | $937,500 | — | August 16, 2024 | City record · MLS |
| 17B (Apartment) | Studio | 619 | $590,000 | $953/ft² | May 9, 2024 | City record · MLS |
| 16A (Apartment) | 2 | — | $1,100,000 | — | May 6, 2024 | City record · MLS |
| 3H (Apartment) | 1 | — | $900,000 | — | February 27, 2024 | City record · MLS |
| 9A (Apartment) | 1 | — | $999,000 | — | February 2, 2024 | City record · MLS |
| 8H (Apartment) | 1 | — | $983,000 | — | October 18, 2023 | City record · MLS |
| 16-E (Apartment) | 2 | — | $2,000,000 | — | August 1, 2023 | MLS |
| 18C (Apartment) | Studio | 650 | $670,000 | $1,031/ft² | July 11, 2023 | City record · MLS |
| 5G (Apartment) | — | — | $750,000 | — | May 31, 2023 | City record |
| 16EF (Apartment) | — | — | $1,850,000 | — | May 9, 2023 | City record |
| 8G (Apartment) | — | — | $741,000 | — | April 28, 2023 | City record |
| 15C (Apartment) | 1 | 650 | $835,000 | $1,285/ft² | July 27, 2022 | City record · MLS |
| 15F (Apartment) | 1 | — | $799,000 | — | July 6, 2022 | City record · MLS |
| 9F (Apartment) | — | — | $635,000 | — | June 29, 2022 | City record |
| 12E (Apartment) | 2 | 950 | $995,000 | $1,047/ft² | June 6, 2022 | City record · MLS |
| 8C (Apartment) | 1 | — | $637,500 | — | May 10, 2022 | City record · MLS |
| 7-E (Apartment) | 1 | 930 | $895,000 | $962/ft² | February 15, 2022 | City record · MLS |
| 6F (Apartment) | — | — | $645,000 | — | December 15, 2021 | City record |
| 2B (Apartment) | Studio | 650 | $575,000 | $885/ft² | December 13, 2021 | City record · MLS |
| 20C (Apartment) | — | — | $2,100,000 | — | November 18, 2021 | City record |
| 16-D (Apartment) | 1 | 900 | $905,000 | $1,006/ft² | September 21, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable studio sales at GRAMERCY SPIRE is $605,000, based on 7 sales between December 2021 and April 2026. This home is asking $645,000, $40,000 above that median. The middle half of those sales closed between $582,500 and $630,000.

- **Median closed price**: $605,000
- **Middle half**: $582,500 – $630,000
- **Based on**: 7 studio sales at GRAMERCY SPIRE
- **Period**: December 2021 – April 2026
- **Median $/ft²**: $968/ft²

Across the 7 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 71% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.8% of the original ask
- **Closed below ask**: 71% of 7 sales
- **Listed → in contract**: 125 days (about 18 weeks)
- **In contract → closed**: 74 days (about 11 weeks)

Across the 7 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 71% of them closed below the original ask.

Half of these homes were in contract within 125 days (about 18 weeks) of coming to market, based on the 5 with a recorded listing date.

Once a deal was agreed, closing took a further 74 days (about 11 weeks), based on the 6 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 7 studio sales at GRAMERCY SPIRE, December 2021 – April 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op studio sales in Gramercy Park, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $532,500 | 10 |
| 2017 | $522,500 | 36 |
| 2018 | $515,000 | 31 |
| 2019 | $510,000 | 27 |
| 2020 | $505,000 | 20 |
| 2021 | $473,000 | 37 |
| 2022 | $525,000 | 60 |
| 2023 | $553,850 | 34 |
| 2024 | $528,000 | 21 |
| 2025 | $525,000 | 35 |
| 2026 | $530,000 | 19 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Gramercy Park instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at GRAMERCY SPIRE](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-spire)

## Price and Property History for 142 East 16TH Street, Unit 11B

Review the recorded listing activity for 142 East 16TH Street, Unit 11B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 7.2%, on May 5, 2026
- **Originally listed**: March 19, 2026 at $695,000
- **Entered contract**: June 30, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| June 30, 2026 | $645,000 | Entered contract |
| May 5, 2026 | $645,000 | Asking price reduced by $50,000, or 7.2% |
| March 19, 2026 | $695,000 | Listed for sale by Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 147 apartments. The corporation’s 2026 property tax bill was $1,990,106 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for GRAMERCY SPIRE](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-spire)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### GRAMERCY SPIRE

Gramercy Park · Stock Cooperative

142 East 16th Street, New York, NY 10003

A building in Gramercy Park, currently featuring 2 active listings.

- **Year Built**: 1964
- **Total Units**: 2
- **Floors**: 22

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-spire)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [11B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/142-east-16th-street-b-11B-ny-10003) | Studio | 1 | — | — | $645,000 (-7.2%) — In contract | Corcoran Group | Mar 19, 2026 | 178 days |
| [14ABC](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10003/142-east-16th-street-abc-14ABC-ny-10003) | 4 | 3 | 2,200 sqft | $1,523 | $3,350,000 (-4.1%) | The Agency Brokerage | Mar 26, 2026 | 171 days |

## Estimated Monthly Payment

**$4,767 / month**, assuming a 20% down payment ($129,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,261
- **Common Charges**: $1,506

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Gramercy Park

Private, Exclusive, and Historic

[Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Gramercy Park

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [GRAMERCY SPIRE — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-spire)
- [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.