Gramercy Towers

Gramercy Towers is a Co-op located 200 East 16th Street, in Gramercy Park, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1987. The lot that the building was built on is 104 feet wide and 100 feet long. The official lot area is listed as 10,350 square feet. The building itself is 103 feet wide and 88 feet long. In total, 200 East 16th Street has a total floor area of 151,832 square feet. Of that, 147,832 square feet are used for residential purposes. About 4,000 square feet of the building are used for commercial purposes. There are a total of 200 units. Of those, 194 are residential units. There are six commercial units. 200 East 16th Street has a total of 20 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 200 East 16th Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 189 closings on record, of which we have matching data for 72 listings. In the past 3 years, a listing in this building will typically remain on the market for about 137 days Meaning, listings tend to sell at a median of $1,150 price per square foot. The transaction that took the longest to complete was unit 10M, listed on Mar 02, 2022 for $595,000. This particular unit ultimately sold 352 days later for $545,000. The most recent transaction was for unit 3E, which was first advertised on Sep 23, 2023, sold for $512,500 on Jan 04, 2024. Fun fact, the oldest transaction we have on record took place on Feb 15, 1966. See the full transaction history for Gramercy Towers below.

Gramercy Park, where 200 East 16th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $769,250. For interested buyers, that means the building's median asking price is around 0.03% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 7 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,325,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $600,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 5 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $899,000. Active units for sale at 200 East 16th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.