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Condominium · 1888
The Abbey
203 East 16th Street, New York, NY 10003
Buildings·Gramercy·Condominium

The Abbey (203 East 16th Street)

203 East 16th Street, New York, NY 10003

Gramercy Park

BBL 1008977501 · BIN 1019536

CorridorGramercy
At a glance
Year built
1888
Type
Condominium
Landmark status
Not an individual landmark; in the Stuyvesant Square Historic District
NYC Landmarks Preservation Commission records, updated February 2026
Doorman
Full-time doorman
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As seen inThe Wall Street Journal★ 92 reviews on Google

Stuyvesant Square is one of Manhattan's most intact nineteenth-century enclaves — a fenced public park, divided by Second Avenue, at the edge of Gramercy, ringed by churches, institutional buildings, and brownstones, and protected as a historic district. The Abbey, at 203 East 16th Street, is one of the rarest things you can buy in that setting: a residence inside a designated landmark. Built in 1888 as the Parish House (St. George's Memorial House) for St. George's Church and designed by Leopold Eidlitz in rock-faced Romanesque Revival brownstone, it was later converted to a boutique condominium of 32 homes.

The appeal is the architecture and the address. Few buildings offer original landmark detail — high ceilings, stained glass, masonry interiors — inside a condominium ownership structure, and fewer still on a protected square a short walk from Gramercy Park, Union Square, and the East Side's transit. For a buyer who values character and history over a deep amenity package, The Abbey is one of the most distinctive options in the Gramercy/Stuyvesant Square area.

A note on addresses: the building is marketed under both 203 and 205 East 16th Street; these refer to the same landmark condominium. The 203 address is the building's tax-lot designation.

Architecture and unit composition

The Abbey is a six-story Romanesque Revival landmark in rock-faced brownstone, designed by Leopold Eidlitz and completed in 1888 as a church parish house. Its conversion to residential condominium use, completed in the mid-2000s, created 32 apartments along with a small number of professional suites, while preserving the building's exterior and much of its architectural character.

Because the building began life as an institutional structure rather than an apartment house, the residences are individual and varied rather than uniform — apartments feature original details such as stained-glass windows, marble wainscoting, and dramatic ceiling heights that ordinary residential conversions cannot replicate. Layouts, light, and the survival of original detail drive much of the variation among homes. It is an elevator building at boutique scale, without the large-building amenity program of a postwar tower — by design.

Building operations

The Abbey operates as a boutique condominium within the Stuyvesant Square Historic District. As a 32-unit conversion of a landmark structure, the building's profile is character-led rather than amenity-led: elevator service and the architectural distinction of the building itself are the draw, rather than a gym-and-lounge package.

Carrying costs on a condominium are expressed as common charges plus separately billed real estate taxes. Landmark-district and conversion buildings carry particular diligence considerations — the upkeep of a designated façade, the mechanical systems of a converted historic structure, and the building's reserve position all warrant attention. Buyers should review the condominium's financials, reserves, and any assessment or capital-project history, and confirm current house rules and any amendments at offer stage. The Roebling Research Library maintains current building materials for clients.

Application and transaction fees

Fees below are from building management's published schedule, as of August 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.

Purchase

12 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application Processing FeeConditionalPaid by BuyerWhen With the applicationAmount $500 (Additional $150 if no broker)Refundable Non-refundable
Credit & Criminal Report FeePer applicantRequiredPaid by BuyerWhen With the applicationAmount $200 per applicant named on the contractRefundable Non-refundable
Move In FeePaid by BuyerWhen With the applicationAmount $150Refundable Non-refundable
Reproduction/Messengers FeePaid by BuyerWhen With the applicationAmount $100Refundable Non-refundable
Trust Transfer Package FeeConditionalPaid by BuyerWhen With the applicationAmount 500 ( If Applicable )Refundable Non-refundable
Application Processing FeePaid by SellerWhen With the applicationAmount $325Refundable Non-refundable
Move Out FeePaid by SellerWhen With the applicationAmount $150Refundable Non-refundable
Waiver of Right of First Refusal FeePaid by SellerWhen With the applicationAmount $250Refundable Non-refundable
Closing Administrative FeePaid by BuyerWhen At closingAmount $200Refundable Non-refundable
Closing Administrative FeePaid by SellerWhen At closingAmount $200Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move In DepositPaid by BuyerWhen With the applicationAmount $500Refundable Refundable
Move Out DepositPaid by SellerWhen With the applicationAmount $500Refundable Refundable

Rental or lease

7 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application Processing FeePaid by LandlordWhen With the applicationAmount $250Refundable Non-refundable
Move Out FeePaid by LandlordWhen With the applicationAmount $150Refundable Non-refundable
Waiver of Right of First Refusal FeePaid by LandlordWhen With the applicationAmount $350Refundable Non-refundable
Credit/Criminal Report FeePer applicantRequiredPaid by TenantWhen With the applicationAmount $165 per applicantRefundable Non-refundable
Move In FeePaid by TenantWhen With the applicationAmount $150Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move Out DepositPaid by LandlordWhen With the applicationAmount $500Refundable Refundable
Move In DepositPaid by TenantWhen With the applicationAmount $500Refundable Refundable

Ownership transfer

5 items

Transfer: add name

Fees and charges

ItemPaid byWhenAmountRefundable
Application Processing FeeConditionalPaid by BuyerWhen With the applicationAmount $500 (Additional $150 if no broker)Refundable Non-refundable
Lost and Stock and Lease Affidavit FeeConditionalPaid by BuyerWhen At closingAmount $300 each, applicable only if the documents were not delivered at closing.Refundable Non-refundable
Power of Attorney FeeConditional · Per applicantPaid by BuyerWhen At closingAmount $300 per person, applicable if purchasers/sellers are not present.Refundable Non-refundable
Stock and Lease Preparation FeePaid by BuyerWhen At closingAmount $350Refundable Non-refundable
Travel FeeConditionalPaid by BuyerWhen At closingAmount $300, applicable if traveling out of NYC Vanderbilt Office.Refundable Non-refundable

Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.

Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.

Own an apartment here? Request an apartment-specific pricing review.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Building staffing and amenities

Doorman
Full-time doormanSource: recent listing records
Elevator
YesSource: NYC Department of Buildings elevator records

Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
—

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

Because The Abbey is a 32-unit boutique condominium in a landmark building, individual apartments come to market infrequently, and each sale carries meaningful weight in the building's pricing picture. As a condo, value is read on a price-per-square-foot basis, but the building's character premium — original landmark detail, ceiling heights, the Stuyvesant Square address — means apartments are often priced and bought on their architecture and individuality as much as on raw square footage. Floor, layout, light, and the survival of original detail drive the variation. Condo flexibility broadens the buyer pool. Our sales view for the building reflects recorded transfers as they post.

Recent closings at this building, from The Roebling Research Library. 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.

DateUnitApartmentPricePPSF
Jun 15, 2006SUPER
1,279 sf
$977,520$764/sf
May 12, 20061F
2,150 sf
$1,985,587$924/sf
May 4, 20061E
1,708 sf
$1,676,039$981/sf
Apr 14, 20065E
786 sf
$809,508$1,030/sf

Market read. Most recent trades (2006) cleared a median $953/sf (recorded) across 4 sales.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00897-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

For owners

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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

The Roebling Report

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What to know if you’re buying

You're buying a landmark. Original Romanesque Revival detail, ceiling heights, and the Stuyvesant Square setting are the building's defining features — and the reason apartments here are not interchangeable. Tour the specific home; no two are alike.

Confirm the condominium's terms. There is no co-op board admission; confirm the closing timeline and foreign, pied-à-terre and investment use in the current declaration, bylaws and house rules. Confirm current subletting and house rules at offer stage.

Do landmark-conversion diligence. Review the condominium's financials, reserves, and any assessment or capital-project history, and understand the obligations that come with a designated landmark façade and a converted historic structure.

Run the price-per-foot and mansion tax math with the character premium in mind. Use the Mansion Tax Calculator, and benchmark against the building's own sales rather than generic neighborhood averages.

What to know if you’re selling

Lead with the architecture and the address. The landmark status, the original detail, and the Stuyvesant Square setting are the emotional and rational hooks; they are what set this building apart from any conventional condo in the area.

Price on the apartment's individuality. Because no two homes are alike, benchmark against the building's own recent sales and the specific home's detail, light, and layout rather than a flat per-foot average.

Use the condominium form as a selling point. There is no co-op board interview; confirm pied-à-terre and investment rules in the declaration before marketing them.

Comparable buildings

If you're weighing The Abbey, these nearby Gramercy and Stuyvesant Square co-ops and condos make a useful comparison set:

More Gramercy buildings

The neighborhood

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

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.

Considering a move at The Abbey?

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

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com