Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West End Ave $1,665/sf 0%
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Cooperative · 1929
200 East 16th Street
200 East 16th Street, New York, NY 10003
Buildings·Gramercy·Cooperative

200 East 16th Street

200 East 16th Street, New York, NY 10003

Gramercy Park

BBL 1008970035 · BIN 1019531

ManagementOrsid New York
CorridorGramercy
At a glance
Year built
1929
Type
Cooperative
Units
190
Floors
19
Landmark
No
The Data Room

Every recorded sale at this building, 2002–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$875K
Recent range
$490K – $2M
Listing discount
3.8%
Recorded transfers
237

200 East 16th Street is one of Gramercy's substantial Art Deco cooperatives — a 1930 building that has quietly anchored the western edge of Stuyvesant Square for nearly a century. Arthur Paul Hess both designed and built it, assembling the corner site at Third Avenue and erecting a nineteen-story apartment house that opened in the same Depression-era moment that produced much of the neighborhood's best prewar housing. The building faces St. George's Church across Stuyvesant Square, giving its western apartments a rare open outlook in a dense part of the city — a leafy, low-rise foreground that reads more like a small European square than midtown-adjacent Manhattan.

The appeal here is fundamentally about value and livability rather than trophy status. This is a full-service prewar co-op with a 24-hour doorman, a real amenity package, and a flexible board, sitting two blocks below Gramercy Park proper and a short walk from Union Square, the Union Square Greenmarket, the L/N/Q/R/W/4/5/6 lines at 14th Street–Union Square, and the restaurants and retail of Third Avenue and the East Village. For buyers who want a serious prewar building, a generous menu of apartment sizes, and a manageable carrying cost without a Park Avenue price tag, 200 East 16th Street is exactly the kind of building that rewards a closer look.

The 1930s residency reflected the cross-section of New York the building was built for — journalists, political figures, and a procession of characters that made the address a small fixture of the era's tabloid New York. Converted to cooperative ownership in 1987, it has spent the decades since as a steady, owner-occupied building rather than a speculative one.

Architecture and unit composition

Hess designed 200 East 16th Street in a restrained Art Deco vocabulary: reddish-brown brick laid with contrasting banding, setbacks beginning around the sixteenth floor, a cast-stone-framed entrance, and stylized terra-cotta ornament — including paneled motifs that gave the facade a touch of Deco theater when it opened. Period accounts noted chromium marquees and a white-gloved doorman, signaling that this was built as a quality address rather than utilitarian housing.

The apartment mix is broad, originally ranging from one- to four-room layouts plus studio garden apartments in the penthouse. That range survives today as a useful spread of studios, one-bedrooms, and larger combinable layouts — many with prewar proportions, and the upper, set-back floors gaining light and open exposures. West-facing apartments look across Stuyvesant Square toward St. George's Church; higher floors gain longer city views over the surrounding low-rise blocks.

Building operations

The cooperative is full-service: a 24-hour doorman, a live-in resident manager, porters, a central laundry room, a fitness room, a recreation room, a bicycle room, and private storage. The board is notably flexible by Manhattan co-op standards — the building is pet-friendly, permits co-purchasing, and allows subletting (typically after roughly a year of ownership), which makes it more accessible than the stricter park-fronting cooperatives nearby. The building carries no landmark or historic-district restriction, so it is not subject to Landmarks review for exterior work.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$33,299/yr
Per unit / month range
$0 – $14
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$25,930 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Management & transfer contacts

Managing agent
Flip tax
2% of purchase price (seller, at closing)
Sublet policy
Sublet fee 20% of annual maintenance yrs 1-2, 25% after 2 years
Notable fees
Move-in/out fee $500 ea (as of 3/1/2025); closing fee $850; buyer processing $700; credit/background $325/applicant
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
May 11, 202616L
1 BR · 1 BA
$975,000+0.0%
Apr 23, 202614C
2 BR · 2 BA
$1,865,000-3.1%
Mar 17, 20265D
1 BR · 1 BA
$875,000-2.2%
Jan 16, 20265LM
2 BR · 2 BA
$1,400,000-5.1%
Jul 8, 20252D
1 BR · 1 BA
$671,068-16.0%
Jun 26, 2025PHC
1 BA
$995,000+0.0%
Jun 13, 20253L
1 BR · 1 BA · 750 sf
$875,000$1,167/sf-2.2%
Mar 19, 20252A
1 BR · 1 BA
$756,843-5.3%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,308/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

5F · 550 sf+79%
$260,000 ($473/sf) 2004$465,000 ($845/sf) 2015
5D+72%
$510,000 ($750/sf) 2004$632,500 ($930/sf) 2007$875,000 2026
17F+70%
$925,000 2010$1,575,000 2016
12D+67%
$545,000 ($681/sf) 2004$910,000 2024
2E · 500 sf+62%
$343,000 ($686/sf) 2010$555,000 ($1,110/sf) 2017

Other recent transfers

DateUnitPrice
Oct 15, 200311M$250,000
View all 237 recorded transfers, sortable

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 1-00897-0035) 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.

What to know if you’re buying

This is a value-oriented full-service prewar. You get a 24-hour doorman, a real amenity package, and prewar bones at a carrying cost well below the trophy park-fronting co-ops. For buyers prioritizing livability and value, that trade is the point.

The board is comparatively flexible. Pet-friendly, co-purchasing allowed, and subletting permitted after an initial ownership period — a more accommodating posture than the surrounding park co-ops. Confirm the current sublet terms for your specific plans.

Stuyvesant Square is the view amenity. West-facing apartments look onto the square and St. George's Church — an open, leafy outlook that is rare at this price point. Prioritize western and upper-floor exposures if light and views matter to you.

Location is the under-the-radar strength. Two blocks below Gramercy Park, a short walk to Union Square, the Greenmarket, and the 14th Street transit hub. The address lives larger than its price.

Note the absence of a park key. This building does not front Gramercy Park and does not carry a park key. If the key is your priority, the park-perimeter co-ops are the relevant set.

What to know if you’re selling

Lead with full-service value and flexibility. The building's combination of doorman service, amenities, a flexible board, and a moderate carrying cost is a genuine selling point in a market where many comparable buildings are stricter or thinner on service.

Light and exposure drive price. Stuyvesant Square views and upper-floor light are the differentiators within the building. Position the apartment's specific exposure clearly.

The buyer pool is broad. Pet-friendly and sublet-permissive policies widen the audience to include first-time buyers, pied-à-terre-curious purchasers (subject to board rules), and investors where permitted. Marketing should reach all of them.

Comparable buildings

If you're considering 200 East 16th Street, also evaluate these Gramercy-area cooperatives and buildings:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.

Preparing a board package for this building?

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.

Considering a move at 200 East 16th Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 200 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.