5 East 16th Street, Unit 9

5 East 16th Street, Unit 9

5 E 16th St
Flatiron

$5,800,000
Last Sold Price
4
Beds
3
Baths
4,200 Sq. Ft.
$1,381 / Sq. Ft.
4,200
Sq. Ft.
$1,381
per Sq. Ft.

Sold 5/6/21

Virtual Tour

Sold 5/6/21

Virtual Tour

a living room with fireplace furniture and a chandelier
a living room with furniture fireplace and a flat screen tv
a dining room with furniture and window
a kitchen with a sink and cabinets
a bedroom with a bed and wooden floor
a bathroom with bathtub and window
a large living room with a large window
a bed room with a bed and a chair
a bathroom with a toilet sink and mirror
a living room with furniture and a table
a bedroom with a bed and chair
a living room with fireplace furniture and a flat screen tv
a black and white photo of a refrigerator

Description

Renovated Condo Loft with Empire State Building Views! A magnificent full floor condo boasting stunning proportions and abundant sunlight, this spectacular home blends a prime Union Square location with an exceptional modern renovation. No detail was overlook in this stunning, high-quality renovation. Features of this approximately 4,200 square foot loft include an 8-foot long fireplace by Camino Incasso, high-quality Stone Italiana floors, Crestron home automation for TV, lighting and sound, Nest...Renovated Condo Loft with Empire State Building Views! A magnificent full floor condo boasting stunning proportions and abundant sunlight, this spectacular home blends a prime Union Square location with an exceptional modern renovation. No detail was overlook in this stunning, high-quality renovation. Features of this approximately 4,200 square foot loft include an 8-foot long fireplace by Camino Incasso, high-quality Stone Italiana floors, Crestron home automation for TV, lighting and sound, Nest system temperature controls for multi-zone central air conditioning, keyed elevator access, high, beamed ceilings, gorgeous light fixtures by Terzani and Fredrick Raymond, a terrarium wall, custom built-ins, 9-foot tall Lualdi Porte doors, Newform plumbing faucets and fixtures, and views of the Empire State Building and the city skyline. The building allows live/work as well as simply residential use, ideal for modern lifestyles. A spacious entry foyer leads into the massive loft-style 800 square foot living room, adorned with a large central fireplace and custom built-ins. This expansive living room boasts stunning proportions and soaring ceilings, ideal for impressive entertaining, and displaying treasured art. The adjacent open-concept dining room and kitchen are flooded with natural light. The kitchen is equipped with an eat-in breakfast bar, Gaggenau cooktops, dishwasher, two refrigerators and a freezer, Miele double wall ovens with warming drawers, and an integrated espresso/coffee machine. Premium Italian kitchen cabinetry by GD Cucine features effortless touch-latch operation and convenient LED lighting. The dining room features grand proportions, custom built-ins, seating for at least 10, and lush views of Union Square Park and the downtown streetscape. The sumptuous master bedroom features stunning proportions, a pair of huge custom-built walk-in closets, two reach-in closets, and a drop-down projector. The windowed en-suite master bathroom is well appointed with two vanities, a walk-in shower, and a free-standing soaking tub. The second bedroom possesses a pair of closets and a private en-suite bathroom with a floating vanity and marble vessel sink. The third bedroom has a wall of closets and easy access to a third full bathroom. A spacious gallery provides additional storage, recreation space, and access to the home's in-unit ASCO washer/dryer. The Photo Arts Building is a beautiful prewar live/work condominium located at the nexus between the Flatiron District and Union Square. It is a half-block from Union Square Park and the acclaimed greenmarket, and it is surrounded by trendy restaurants, bars, cafes, and shops. Nearby subway lines include the F/M/L/N/Q/R/W/4/5/6. Pets are welcome. There is a capital assessment in place until November 2028, of $1,920 per month. Currently configured with three bedrooms, a 4th bedroom can be constructed by the seller prior to closing in accordance with the "Alternate Floor Plan," if purchaser desires.

Property Details for 5 East 16th Street, Unit 9

View
City
Architectural Style
Prewar

Location

Add your commute
LISTING UPDATED: 01/20/2022 03:07 PM

Property Details for 5 East 16th Street, Unit 9

StatusSold
MLS IDOLRS-1902723
Days on Market146
Taxes$3,877 / month
Common Charges$1,881 / month
Min. Down Pymt10%
Total Rooms6.0
Compass TypeCondo
MLS TypeCondo
Year Built1920
CountyNew York County

Building

5 E 16th St

12 Units12 StoriesBuilt in 1920

Location

Add your commute

Virtual Tour

Building Information for 5 East 16th Street, Unit 9

Building/Complex5 E 16th StFloor-Stories12Residences12Pet Policy-Year Built1920Building AgePre-warBuilding TypeMidrise

Payment Calculator

$41,368 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,610

Property Taxes

$3,877

Maintenance/Common Charges

$1,881

The Payment Calculator is for illustrative purposes only.

Property Information for 5 East 16th Street, Unit 9

Summary
Location and General Information
  • Subdivision Name: Flatiron District
  • Cross Street: Union Square West/Fifth Avenue
  • Stories Total: 12
  • Exposures: North, South, East
Taxes and HOA
  • Tax Lot: 7501
  • Tax Deduction Percent: .00%
  • Tax Block: 844
  • Flip Tax Type: Percent
  • Flip Tax: $0
  • Tax Deduction Amount: $0
  • Tax Deduction Remarks: ASK EXCL BROKER
  • Building Tax Lot: 7501
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 4200.0
  • Lot Size Dimensions: 0.0 x 0.0
  • Living Area Units: SquareFeet
  • Building Name: Photo Arts Building, The
Building Information
  • Landmark Status YN: false
Property and Assessments
  • New Development: No
  • Building Rules: BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
Interior and Exterior Features
Interior Features
  • Cooling: Other
  • Appliances: WasherDryer
  • Interior Features: EntranceFoyer
  • Floor Number: 9
  • Other Equipment: Intercom
  • Ceiling Height Units: Feet
  • Ceiling Height: 11.7
  • ElevatorsTotal: 0
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitYes, BuildingYes

Property History for 5 East 16th Street, Unit 9

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 East 16th Street, Unit 9

Taxable ValueLand-Additions-Total-
Home Facts
APN1008441009

Schools near 5 East 16th Street, Unit 9

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Sixth Avenue Elementary School
Public - PK to 5
Jhs 104 Simon Baruch
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
Sixth Avenue Elementary School
PublicPK to 5

Jhs 104 Simon Baruch
Public6 to 8

Nyc Lab Ms For Collaborative Studies
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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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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. ©2024 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 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. 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. ©2024 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.©2024 The Real Estate Board of New York, Inc., All rights reserved.