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In Contract

The Abbey Condominium, 205 East 16th Street, #2D

$2,000,000 ($947 per ft2) -4.8% | 3 beds, 2.5 baths | Approx. 2,111 ft2
117 days on Market

Key Details

  • Listed: Oct 26, 2023
    Last Price Change: -4.8% ($100,000) on Nov 2
    Days on Market: 117
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Listing viewed 1,022 times
Monthly Common Charges: $2,405
Monthly Real Estate Taxes: $2,893
Total Taxes & Fees: $5,298 ($2.51/ft2)
Est. Monthly Mortgage: $10,980
Total Est. Monthly Carrying Cost: $16,278 ($7.71/ft2)
Note: the above is based on a down payment of 20% ($400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This condominium is located at 205 East 16th Street, #2D in the Gramercy Park neighborhood. It's close to Stuyvesant Square Park, Trader Joes, Whole Foods, Target, Union Square, and many restaurants and subway lines.
  • Spacious and Modern Interior: The condo is approximately 2,111 ft2 with 3 bedrooms and 2.5 bathrooms. It features an oversized layout with abundant closet space, hardwood floors, a wet bar with wine fridge, and HVAC units in each room. The kitchen is equipped with appliances by Wolf, Miele and Liebherr, and a large island with a built-in microwave.
  • Quiet and Comfortable Living: Despite being in a bustling neighborhood, the condo faces the back of the building, ensuring a peaceful living environment. It's part of The Abbey Condominium, a New York City Landmark built in 1888 and converted to 31 condominium apartments in 2015.
  • Building Amenities: The building offers resident storage, central AC, a garden, a washer/dryer in the building, an elevator, and a live-in superintendent. It's also landmarked and features terraces/balconies. However, it does not have a fitness center, balconies, garage, or roof deck.
  • Financial Details: The condo is listed for $2,000,000, which is approximately $947 per ft2. The monthly common charges are $2,201, and the real estate taxes are $2,893, making the total taxes and fees $5,094 or $2.41/ft2.
  • Pet-Friendly: The building is pet-friendly, making it a great choice for pet owners.

Description

Oversized condo in prime Gramercy Park. Offering living space seldom found in this price point, this 3 bedrooms, 2.5 bath condo is just a block from Stuyvesant Square park and 2 blocks to Union Square. There are an abundance of closets, hardwood floors, wet bar with wine fridge and HVAC units in each room (providing heat and a/c).

The oversized kitchen has appliances by Wolf, Miele and Liebherr, and a large island with built-in microwave. The condo faces the back of the building and is pin drop quiet. The Abbey Condominium, formerly the Parish House of St.

George’s Church, was built in 1888 and is a New York City Landmark. The Abbey is a doorman condominium with a resident manager. Located on a beautiful tree lined street, this superb Gramercy location is just steps from the entrance of Historic Stuyvesant Square Park.

Trader Joes, Whole Foods and Target are all within a few blocks as is Union Square which offers a renowned farmer’s market 4 days a week and multiple several subways lines.Features include washer/dryer, large kitchen with island, abundance of closets, hardwood floors, wet bar with wine fridge and HVAC units in each room (providing heat and a/c). The condo faces the back of the building and is pin drop quiet. Pet friendly and has been a tremendous rental property. The Abbey Condominium, formerly the Parish House of St.

George’s Church, was built in 1888 and is a New York City Landmark. The Abbey is a doorman condominium with a resident manager. Located on a beautiful tree lined street, this superb Gramercy location is just steps from the entrance of Historic Stuyvesant Square Park.

Trader Joes, Whole Foods and Target are all within a few blocks as is Union Square which offers a renowned farmer’s market 4 days a week and multiple several subways lines.

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About The Abbey Condominium, 205 East 16th Street

77

The Abbey Condominium, 205 East 16th Street has received a CityRealty Rating of 77, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
27
Out of 36
+
13
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2015
  • Pre War
  • Resident Storage
  • Central AC
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Landmarked
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Converted Romanesque Revival parish house
  • Close to many restaurants on Irving Place
  • Steps from Stuyvesant Park
  • Many architectural details retained
  • All apartments are different
  • Pet friendly
  • Live-in superintendent
  • Full-time doorman
  • Close to Subway
Cons
  • No fitness center
  • No balconies
  • No garage
  • No roof deck
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Subways

  1. L
at 3rd Ave and 14th 0.13 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 4th Ave and 15th 0.23 miles

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