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The Abbey Condominium, 205 East 16th Street, #4A

$2,750,000 ($1,453 per ft2) -13.4% | 2 beds, 2.5 baths | Approx. 1,892 ft2
131 days on Market

Key Details

  • Listed: Oct 13, 2023
    Last Price Change: -8.2% ($245,000) on Dec 27
    Days on Market: 131
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Listing viewed 201 times
Monthly Common Charges: $2,051
Monthly Real Estate Taxes: $2,500
Total Taxes & Fees: $4,551 ($2.41/ft2)
Est. Monthly Mortgage: $15,083
Total Est. Monthly Carrying Cost: $19,634 ($10.38/ft2)
Note: the above is based on a down payment of 20% ($550,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Feb 25
By appointment only.

Insider Highlights

  • Neighborhood and Accessibility: The building is situated on a quiet, tree-lined block with access to Rutherford Place and Stuyvesant Square Park, and is close to many restaurants, shopping, and entertainment, with easy access to public transportation.
  • History and Service: Built in 1888 and converted into 31 condominiums in 2005, this full-service building provides a 24/7 doorman, porter, and live-in super, and is pet friendly.
  • Location and Price: This loft-style corner apartment is located in the Gramercy Park neighborhood at 205 East 16th Street, #4A, and is listed for $2,750,000, which equates to $1,453 per ft2.
  • Space and Layout: The apartment spans approximately 1,892 ft2 and features 2 bedrooms, 2.5 bathrooms, an open chef’s kitchen with Miele appliances and SieMatic cabinetry, a separate dining area, and a second-floor bedroom or office area with full-height glass panels and sliding doors.
  • Unique Features: The apartment boasts 18-foot ceilings, full-height windows, smart electricity, custom electric blinds, Carrara clad bathroom with enclosed Miele W/D, radiant heated floors, under-lit sink with built-in Bluetooth speaker in the bathroom, and a primary suite with views of St. George’s Church and Stuyvesant Square Park.
  • Building Amenities and Fees: The building offers resident storage, central AC, garden, washer/dryer in building, elevator, landmarked, live-in superintendent, and terraces/balconies, with monthly common charges of $2,051 and real estate taxes of $2,500, totaling $4,551 in taxes and fees.

Description


This stunning 2-bedroom, 2.5 bathroom loft-style corner apartment in the coveted Gramercy neighborhood is now available at an unbeatable price. As you enter, you are immediately greeted by dramatic 18-foot ceilings, full-height windows, and newly exposed architectural beams. The spacious and light-filled living area facing south boasts Smart electricity and custom electric blinds, making it the perfect place to relax and entertain.

A focal staircase with glass treads, providing natural light through its open risers, leads you to the secluded second-floor bedroom or office area. This suite features full-height glass panels and sliding doors, allowing for a picturesque view of the living room and beyond. It also includes ample storage space and a separate entryway.

The glass treads are individually lit for a modern touch, and the adjoining Carrara clad bathroom comes with an enclosed Miele W/D.

The primary suite boasts breathtaking views of St. George’s Church and Stuyvesant Square Park to the east, as well as historic brownstones to the south. The grand room features soaring 18-foot ceilings, huge windows, and plenty of sky.

The accompanying bath includes radiant heated floors and an under-lit sink with a built-in Bluetooth speaker.

You’ll love the stylish architecture and design details throughout, such as the marble powder room built around an exposed beam. The open and functional chef’s kitchen with Miele appliances and SieMatic cabinetry is perfect for cooking and hosting guests, while the separate dining area can easily be transformed from intimate to formal. Ample closet space adds to the convenience and livability of the apartment.

Built in the Romanesque Revival style in 1888, The Abbey was converted into 31 condominiums in 2005.

A full-service building with a 24/7 doorman, porter, and live-in super, it was designed by Leopold Eidlitz and Charles Otto Blesch and holds a significant place in New York’s history. Located on a quiet, tree-lined block with access to Rutherford Place and the serene Stuyvesant Square Park, known for its dog park, peaceful gardens, and lush greenery. You’ll be just minutes away from top restaurants, shopping, and entertainment, with easy access to public transportation.

Live an idyllic NYC lifestyle in this historic and vibrant neighborhood.

The staging was expertly handled by Gracia Taylor Design.

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Listing Agent (Seller's Representative)

Listing courtesy of Berkshire Hathaway HomeServices New York Properties

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

Pricing comparison

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