142 E 16TH Street, #18G, New York (Gramercy Park), NY, 10003 | $675,000

18G, high above Gramercy Park is a one of kind dawn to dusk sunlit apartment offering unique views of the iconic clocktower.
The Gramercy Spire, in the heart of Gramercy Park is a stunning loft style studio that allows you to create your dream space.
Situated on the 18th floor with a sweeping southwestern exposure, your living space is filled with light and color.
18G gives you open sky and city views, the perfect backdrop for enjoying the sunset on your private outdoor space.
Whether you are seeking a creative space, or one that inspires outdoor living potential, this home is a rarity for buyers with vision.
The interior features an open-plan layout with a defined office space for work at home.
The wall of windows and soaring ceilings give this residence its distinctive loft-like feel - a unique offering in this coveted neighborhood.
With the apartment in its original condition, the layout offers exceptional flexibility to tailor the kitchen, bathroom, oversized closets, and dressing room to your personal vision.

The world famous Gramercy Spire offers a suite of amenities, including a 24-hour concierge, 2 wheel storage, on-site parking garage (waitlist), laundry facilities, and a soon to be created outdoor space that will be the envy of Gramercy Park. The Spire is pet-friendly and permits pied-a-terre ownership with board approval.
Heat and A/C are created by an Eco convector provided by the building.

Situated between Irving Place and Third Avenue, you're just moments from Union Square, offering access to multiple subway lines (4/5/6, N/Q/R/W, and L), the Union Square Greenmarket, and a vibrant mix of dining, shopping, and lifestyle amenities. Enjoy nearby parks like Stuyvesant Square and acclaimed restaurants such as ABC Kitchen, Friend of a Farmer, and Pete's Tavern. Indulge in sweet treats at  Panna, a night of comedy at The Stand NYC, or savor classic French cuisine at Boucherie Union Square.
Enjoy convenient access to Equinox and Chelsea Piers Fitness, both offering top-tier facilities. Your everyday grocery runs are easy and convenient with a nearby Trader Joe's.

Features

  • Town: New York
  • Levels: 22
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: GRAMERCY SPIRE
  • Year Built: 1964
  • Common Charge: $1,601 Monthly
  • Approx Sq. Feet: 632
  • View: City Lights,City,Panoramic
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20039276
  • Days on Market: 173 days
  • Website: https://www.raveis.com
    /prop/RLS20039276/142e16thstreet_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group   Phone: (212) 355-3550

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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142 E 16TH Street, #18G, New York (Gramercy Park), NY, 10003

$675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.156% 5.396%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,066 $3,234 $4,306
Total Monthly Payment $3,158 $3,326 $4,398

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.