17 East 16th Street, Unit 12 A&B
Description
An extraordinary opportunity awaits in the heart of Union Square— the full floor Penthouse of a landmarked building, featuring a sprawling Penthouse loft and your own double private outdoor roof decks.
Currently half the floor operates as a home and the other half operates as a daycare center. This full floor Penthouse is a blank canvas offering immense potential to create a truly bespoke...Rare Loft Opportunity | Union Square Full-Floor Penthouse w/ Private Roof Decks | Landmarked Building | $6,000,000
An extraordinary opportunity awaits in the heart of Union Square— the full floor Penthouse of a landmarked building, featuring a sprawling Penthouse loft and your own double private outdoor roof decks.
Currently half the floor operates as a home and the other half operates as a daycare center. This full floor Penthouse is a blank canvas offering immense potential to create a truly bespoke New York City residence, limited only by your imagination.
With 23 oversized windows and 8 skylights, this rare Penthouse flourishes with natural light flooding the entire space throughout the day, while soaring ceilings enhance the sense of openness and scale. Whether you envision a sleek modern loft, a cozy industrial-chic haven, artist studio or family space to truly call home this is your chance to bring your dream home to life.
Presently: Seller has hired an architect and received approved plans by DOB to convert the entire floor to residential status. The buyer will be responsible for obtaining the certificate of occupancy in order to convert the commercial space to residential for the entire floor. Buyers are strongly encouraged to bring a contractor and/or architect to fully grasp the incredible transformation possibilities.
Building Highlights:
-Landmark building with character and history
-Pets allowed with Board approval
-In-unit washer/dryer permitted
-Pied-à-terre and secondary residence allowed (Board approval required)
-Subletting allowed (Board approval required)
-Guarantors and co-purchasing permitted (select conditions apply)
With Union Square just outside your door, enjoy unparalleled access to world-class dining, shopping, cultural venues, multiple subway lines, and the iconic Greenmarket. Opportunities like this rarely arise — a true New York original in one of the city’s most dynamic neighborhoods.
Listing Agents
![Christopher Breslin]()
c.breslin@compass.comP: (917)-495-9686
![Reva Cotter]()
reva@compass.comP: (646)-942-0416
![Jeffrey Dyksterhouse]()
jeffreyd@compass.comP: (917)-757-1142
![Danny Sayegh]()
danny.sayegh@compass.comP: (914)-282-7110
Amenities
- Private Roof Deck
- Common Roof Deck
- Oversized Windows
- Air Conditioning
- Southern Exposure
- Eastern Exposure
- Northeastern Exposure
- Lowrise
Open Houses
Property Details for 17 East 16th Street, Unit 12 A&B
| Status | Active |
|---|---|
| Days on Market | 53 |
| Taxes | - |
| Maintenance | $10,300 / month |
| Min. Down Pymt | 25% |
| Total Rooms | 5.0 |
| Property Type | Co-op |
| MLS Type | - |
| Year Built | 1910 |
| County | New York County |
| Buyer's Agent Compensation | 2.75% |
Building
17 East 16 Th Street House
Location
Building Information for 17 East 16th Street, Unit 12 A&B
Payment Calculator
$38,625 per month
30 year fixed, 6.46% Interest
$28,325
$0
$10,300
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1Property History for 17 East 16th Street, Unit 12 A&B
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 16, 2026 | Listed (Active) Manual | $6,000,000 | — |
| Apr 15, 2026 | Temporarily Off Market Manual | — | |
| Mar 18, 2026 | Listed (Active) Manual | $6,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/16/2026 | Listed (Active) Manual | $6,000,000 |
| 04/15/2026 | Temporarily Off Market Manual | — |
| 03/18/2026 | Listed (Active) Manual | $6,000,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 17 East 16th Street, Unit 12 A&B
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Sixth Avenue Elementary School PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Jhs 104 Simon Baruch Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.