- Type
- Two joined brownstones with an elevator
- Landmark
- No
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,531
- Listing discount
- 0.0%
- Recorded sales
- 24
- On record
- 2003–2026
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A Private Pricing Opinion — what your apartment at 126 East 16th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Two adjoining brownstones were combined into this small elevator cooperative near Union Square. The conversion dates to 1983, and the resulting apartments include large one-level homes, garden configurations and duplex penthouses with private terraces. The double-building footprint permits broader living areas than the narrow front rooms usually associated with a single brownstone.
Architecture and unit composition
The apartment inventory is unusually varied for thirteen residences. Several two-bedroom homes span approximately 1,600 square feet, while smaller homes are closer to 1,000 to 1,200 square feet. Large combined configurations reach roughly 3,000 square feet. High ceilings, tall windows and wood-burning fireplaces appear in the interiors.
The penthouse layouts can divide bedrooms and living space between two levels. Private outdoor areas include balconies and roof terraces, with some homes having both. A balcony directly off the living room serves a different part of the plan from an upper terrace reached through a bedroom. These are apartment-specific exterior areas, not a shared building roof deck.
Ground-level and garden arrangements introduce a further distinction in access and outlook. The property's rear faces adjoining gardens, while street-facing rooms look onto East 16th Street. The original joined-house arrangement and later combinations account for substantial differences in room proportions across the cooperative.
Building operations
The cooperative is professionally managed and has an elevator, video intercom and common laundry. In-unit washers and dryers also occur in individual renovated homes. There is no doorman.
Shared-wall obligations have been a practical issue here. Habitat Magazine reported in 2009 on the cooperative's relationship with an adjoining property during an expansion of a neighboring school. The report described the party wall and adjacent rear gardens, illustrating how work across the property line can directly involve this small cooperative.
Policy framework
Pets: Permitted — confirm with the managing agent. Pied-à-terre and co-purchasing: Permitted subject to board approval — confirm with the managing agent. Minimum down payment: 25% — confirm with the managing agent.
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 30, 2026 | PH4C | 2 BR · 2 BA · 1,200 sf | $1,837,500 | $1,531/sf | -7.7% |
| Jul 9, 2025 | PH5A | 1 BR · 2 BA | $1,650,000 | +0.0% | |
| Jan 5, 2023 | 3B | 2 BR · 2 BA · 1,600 sf | $2,000,000 | $1,250/sf | -7.0% |
| May 9, 2022 | 2A | 2 BR · 2 BA · 1,600 sf | $1,900,000 | $1,188/sf | -2.6% |
| Jan 24, 2020 | 5D | 2 BR · 2 BA | $1,750,000 | -2.8% | |
| Aug 16, 2017 | 3B | 2 BR · 2 BA · 1,600 sf | $2,250,000 | $1,406/sf | +0.0% |
| Aug 2, 2017 | PH4C | 2 BR | $1,900,000 | +5.8% | |
| May 30, 2017 | 1B | 3 BR · 3,000 sf | $2,796,660 | $932/sf | -17.6% |
Market read. Most recent trades (2026) cleared a median $1,531/sf across 1 sale. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00871-0056) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
Comparable buildings
- 132 East 19th Street — A nearby small prewar cooperative in a taller apartment building.
- 105 East 19th Street — A prewar cooperative of similar building height with a larger inventory.
- 48 Gramercy Park North — A smaller cooperative for comparing intimate ownership scale and a park-side location.
- Onyx Court — A small prewar elevator cooperative with purpose-built apartment architecture.
- 48 East 13th Street — A nearby prewar cooperative offering larger loft-style floor plates.
More Gramercy buildings
- 117 East 18th Street (The Ram Building) — 1930 condominium
- 120 East 36th Street — 1955 co-op
- 121 East 22nd Street — condominium by SLCE Architects
- 127 East 30th Street (Murray Hill) — 1988 condominium
- Gramercy Plaza (130 East 18th Street) — 1962 co-op
- 132 East 19th Street — 1910 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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