
12
Map
Floor Plan


205 E 16TH Street #4A
About This Property
The primary suite boasts breathtaking views of St. George's 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 great 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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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 3, 2024 | Sold | ||
Sold | |||
Apr 22, 2024 | In contract | - | |
In contract | |||
Dec 27, 2023 | Price Decreased |
$2,750,000
↓ $245K
(8.2%) | |
Price Decreased | |||
Nov 15, 2023 | Price Decreased |
$2,995,000
↓ $180K
(5.7%) | |
Price Decreased | |||
Oct 13, 2023 | Listed by Berkshire Hathaway HomeServices New York Properties | $3,175,000 | |
Listed by Berkshire Hathaway HomeServices New York Properties |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/13/2023
|
2 Bed
|
3 Bath
|
1892 ft²
|
$3,175,000
2 Bed
3 Bath
1892 ft²
|
$2,600,000
-18.11%
06/03/2024
|
-
|
John Guerrero
The Corcoran Group
| |
08/22/2023
|
3 Bed
|
3 Bath
|
2111 ft²
|
$2,100,000
3 Bed
3 Bath
2111 ft²
|
$1,900,000
-9.52%
04/10/2024
|
-
|
Ivana Tagliamonte
Compass
| |
06/15/2022
|
1 Bed
|
2 Bath
|
1305 ft²
|
$2,150,000
1 Bed
2 Bath
1305 ft²
|
$2,075,000
-3.49%
12/01/2022
|
-
|
Kirk Rundhaug
Compass
| |
05/03/2021
|
2 Bed
|
3 Bath
|
2025 ft²
|
$3,250,000
2 Bed
3 Bath
2025 ft²
|
$2,995,000
-7.85%
08/11/2021
|
-
|
Timothy Scott
The Corcoran Group
| |
02/05/2021
|
1 Bed
|
2 Bath
|
911 ft²
|
$1,300,000
1 Bed
2 Bath
911 ft²
|
$1,300,000
04/06/2021
|
-
|
Rocchio Christine Engelbrechtsen
Compass
| |
09/17/2020
|
1 Bed
|
1 Bath
|
988 ft²
|
$1,250,000
1 Bed
1 Bath
988 ft²
|
$1,200,000
-4.00%
12/30/2020
|
-
|
Trisha J Riedel
Reserve Partners
| |
09/12/2017
|
5 Bed
|
5 Bath
|
3602 ft²
|
$5,250,000
5 Bed
5 Bath
3602 ft²
|
$4,925,000
-6.19%
01/12/2018
|
-
|
Henry Hershkowitz
Related Sales, LLC
| |
11/30/2016
|
3 Bed
|
2.5 Bath
|
2111 ft²
|
$2,300,000
3 Bed
2.5 Bath
2111 ft²
|
-
-
|
-
|
Kyle Haas
Compass
| |
10/27/2016
|
5 Bed
|
4.5 Bath
|
3462 ft²
|
-
5 Bed
4.5 Bath
3462 ft²
|
-
-
|
-
|
David Margolies
Compass
| |
05/18/2016
|
3 Bed
|
2.5 Bath
|
2111 ft²
|
$2,995,000
3 Bed
2.5 Bath
2111 ft²
|
-
-
|
-
|
Sofia Dmitriyeva
R New York
| |
04/02/2015
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,799,000
2 Bed
2 Bath
1200 ft²
|
$1,730,750
-3.79%
09/10/2015
|
-
|
Carolyn Zweben
Prudential Douglas Elliman Real Estate
| |
05/28/2014
|
2 Bed
|
2 Bath
|
1120 ft²
|
$1,575,000
2 Bed
2 Bath
1120 ft²
|
$1,575,000
02/05/2021
|
-
|
Philip Horigan
The Corcoran Group
| |
04/21/2014
|
1 Bed
|
1.5 Bath
|
1322 ft²
|
$1,995,000
1 Bed
1.5 Bath
1322 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
| |
09/24/2013
|
3 Bed
|
3 Bath
|
2195 ft²
|
$2,975,000
3 Bed
3 Bath
2195 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
| |
08/19/2013
|
4 Bed
|
3 Bath
|
2536 ft²
|
$2,995,000
4 Bed
3 Bath
2536 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
| |
08/01/2013
|
2 Bed
|
2.5 Bath
|
2026 ft²
|
$2,650,000
2 Bed
2.5 Bath
2026 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
| |
07/12/2013
|
3 Bed
|
2.5 Bath
|
2111 ft²
|
$2,849,000
3 Bed
2.5 Bath
2111 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
| |
12/15/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,750,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Paul Zweben
Prudential Douglas Elliman Real Estate
| |
09/22/2005
|
1 Bed
|
1 Bath
|
988 ft²
|
$968,240
1 Bed
1 Bath
988 ft²
|
$920,000
-4.98%
06/14/2006
|
-
|
Deanna E Kory
Corcoran Group
|
Building Info

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