126 E 16th St Unit Ph5a, New York, NY 10003

Discover your private urban escape at Penthouse 5A, nestled just off Irving Place in the heart of Gramercy Park and Union Square. This spacious one-bedroom (convertible two-bedroom), two-bathroom home is designed for flexibility and ease. Whether you prefer the privacy of a second bedroom/home office or the openness of a dining area, the adaptable floor plan caters to your needs. The expansive living and dining area features three north-facing windows, custom millwork, and a rare wood-burning fireplace—ideal for cozy evenings in the heart of the city. The separate but open kitchen is a chef's delight, with top-of-the-line appliances, ample countertops, and abundant storage. Upstairs, you'll find a sun-drenched primary bedroom with an en-suite bathroom, a walk-in closet, and direct access to a 414-square-foot private terrace. This beautifully landscaped, north-facing terrace offers complete privacy, providing the perfect space for relaxation or entertaining guests with ease. The home also features an in-unit washer dryer, through-wall AC, and hardwood floors throughout. Guarantors, gifts, co-purchasing, subletting and pets all allowed on a case-by-case basis with board approval. 1% Flip tax paid by seller. Ideally located, just steps from Gramercy Park and Union Square, this home puts you at the center of the city's finest offerings of shopping and dining such as Casa Mono, Friend of a Farmer, and Irving Farm Coffee Roasters, or explore the vibrant Union Square Greenmarket. Being near Union Square offers you access to the 4,5,6,L,N,R,W & Q trains.