Description
No detail has been overlooked in the creation of this massive one-bedroom, two-bathroom home at The Abbey in historic Gramercy Park. Offering a gross cap rate of 6.3% and a net cap rate of 3.6%, this residence presents an exceptional investment opportunity in one of Manhattan's most desirable neighborhoods.
Blending historic charm and contemporary luxury, this home has been thoughtfully renovated to the highest standards. The chef's kitchen is outfitted with Miele appliances, custom cabinetry, quartz countertops, and an induction cooktop with a downdraft vent. The spacious dining area offers seating for 8-10. The living room is framed by original stained-glass windows, flooding the space with natural light and offering picturesque views of St. George Church and Stuyvesant Square Park. The primary suite features multiple closets and an elegant ensuite bath with radiant floor heating, Bella Carrara marble, and a custom vanity with inset lighting and hidden Bluetooth speakers. Additional conveniences include central air conditioning and an in-unit washer and dryer.
Built in 1888 as the Parish House of St. George Church, The Abbey is a distinguished boutique condominium with just 32 residences. Designed by renowned
This residence presents a rare opportunity to own a significant piece of New York history while securing a strong investment in an appreciating market.
Listing courtesy of Douglas Elliman Real Estate ...More >
Property Details
- Condo
Amenities
- Building: Elevators
- Interior: Separate Formal Dining Room
- Appliances: Washer Dryer Allowed
- Exterior: None
- Patio: None
- Attendance: Doorman Full Time
- View: City
- Laundry: Building None, In Unit
- Fireplace: Gas
- Pets: Building Yes, Yes
- Basement: Other
- Elevators: 2
For information on 205 E 16TH Street, #2A contact:
Founder, Principal Broker
212-388-1115
Founder, Principal Broker
listings@lohorealty.com
212-388-1115
