142 East 16TH Street #14F, New York City, NY 10003
Listing Courtesy of Corcoran Group
$625,000
Potential Rebate: $9,375
Overview
<br> In the heart of Gramercy, Residence 14F combines luxury upgrades, private outdoor space, and the full-service convenience of The Gramercy Spire. This beautifully renovated studio offers sweeping open-sky views and a private balcony that elevates everyday living. Thoughtfully designed, your new home blends high-end finishes with a layout that maximizes comfort, functionality, and style.<br> The chef's kitchen is a standout, equipped with top-tier Sub-Zero appliances, including the refrigerator and dedicated wine fridge, along with a Wolf stove, Miele dishwasher, and Viking microwave. Quartz countertops with a matching backsplash provide a refined visual throughout, while custom cabinetry from Italy and cabinet lighting complete a polished, highly functional cooking environment.<br> The renovated bathroom offers a spa-inspired experience, outfitted with luxurious tile work, upgraded fixtures, and an oversized bubble massage tub, the perfect place to unwind. A spacious walk-in closet with custom built-ins ensures exceptional storage, and Milano doors add architectural elegance throughout. Additional upgrades, including a custom lighting layout, enhanced electrical work, and a modernized HVAC system, contribute to the home's elevated comfort.<br> Thoughtful barn-door style dividers create separation between the sleeping area and living space, allowing for privacy if needed. <br> This careful attention to flow and function makes Residence 14F feel both spacious and intentional.<br> Enjoy open-sky views spanning the city on your private balcony, having morning coffee, evening relaxation, or quiet moments above the urban energy below.<br> The Gramercy Spire provides a full suite of amenities, including a 24-hour doorman, live-in superintendent, bike storage, a central laundry facility, on-site parking garage (waitlist), and a tranquil landscaped Zen garden. The building is pet-friendly, permits pied-à-terre ownership, and maintains a designated non-smoking environment.<br> <br> Located between Irving Place and Third Avenue, you are moments from Union Square and Gramercy Park, the Union Square Greenmarket, Trader Joe's, boutique fitness studios, multiple subway lines (4/5/6, N/Q/R/W, and L), and a curated mix of dining, cafés, and nightlife. Local favorites include ABC Kitchen, Friend of a Farmer, Pete's Tavern, The Stand NYC, Caffè Panna, and Boucherie Union Square.<br> Residence 14F is a stylish blend of luxury upgrades, intentional design, and vibrant downtown convenience, ready to elevate your everyday.<br> <br> Assessment $1238.63 a month<br>
Home Features
- •Building Courtyard
- •Private Outdoor Space Over 60 Sqft
- •City Lights
- •City
Estimated Monthly Payment
$4,566 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$9,375
Monthly savings impact
$26/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listing Courtesy of Compass
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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20058818
Price Analysis
Compare average listing prices and value metrics for GRAMERCY SPIRE against the surrounding Gramercy Park market.
Average List Price
Price Per SqFt
41.77% Lower
than the Gramercy Park price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Gramercy Park
Private, Exclusive, and Historic
\nGramercy Park is famous for the only private park in Manhattan. It is quiet, leafy, and incredibly exclusive.
\nReal Estate & Housing Market
\nHistoric townhouses and pre-war co-ops. Access to the park (a key) is tied to specific buildings.
\nLifestyle & Community
\nOld New York elegance. Quiet, refined, and private. Irving Place offers polite dining.
\nTransportation & Accessibility
\n6 train at 23rd. L train at 3rd Ave. A bit of a walk to the west side lines.
\nParks, Schools & Amenities
\nThe Park (if you have a key). Stuyvesant Square is the public alternative. Excellent dining.
\nWho This Neighborhood Is Best For
\nBest for those seeking privacy, history, and the ultimate status symbol (a key).
