$875,000
Updated 6 years ago
Sold

The Greenwich House

54 West 16th Street, 11-A

Flatiron District, Manhattan | Fifth Ave & Ave of the Americas

4 Rooms1 Bed1 Bath900 Square FeetCo-op

$875,000
Maintenance$1,474
Price Per SF
$972

This property was sold for $925,000 on 10/27/20.

Listing Features

  • Corner Apartment
  • Entry Foyer
  • Walk-in Closet
  • Oversized Windows
  • Open Kitchen

Outdoor space and views

  • City Views
  • South Exposure
  • West Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 54 West 16th Street, 11-A

Residence 11A at 54 West 16th Street is a massive, convertible two-bedroom apartment and the renovator's dream canvas of 2020. Priced with room for a luxury renovation, the residence is a high floor, corner apartment at the crossroads of Flatiron, Chelsea, and Greenwich Village. With incredible southern and western views of Chelsea and Greenwich Village out every window, this home is waiting for its new owner to be reminded of all the things that made them fall in love with New York. Flexibility is this home's middle name as the discerning purchaser has numerous options to build an airy and chic living lifestyle by converting the dining area into a state-of-the-art open kitchen and the existing kitchen into a bedroom or retaining the original footprint by updating the existing kitchen and converting the current dining area into a full-size bedroom or home office. Previously drawn architectural drafts and design inspiration book is available upon request. These plans were previously approved and can be handed over to a new owner to seek renewed approval. Previous renovations in this line are dramatic and provide confidence in the building’s collaborative renovation policies. Each of the living spaces in this home offer all the space desired to avoid the cramped one-bedroom feel many are growing out of, making it a perfect and true convertible two-bedroom apartment. The existing kitchen can be converted to a second bedroom and built out a few feet to provide more space and offers the perfect alcove to install a closet. The dining area and surrounding closets provide the perfect space to design a modern and spacious kitchen that will become the envy of all. A designer walk-in closet can be built in the bedroom without compromising valuable space for furniture. The apartment recently had its floors sanded and sealed, its walls painted, and its bathroom glazed to provide a blank canvas. With small adjustments to the kitchen to update the appliances and cabinets, the apartment is in move-in and livable condition should renovation plans need to be postponed. The building is currently allowing for alterations to resume with a few added protocols as part of NY Forward. The Greenwich House is a 15-floor elevator co-op apartment with 117 apartments and a part-time doorman in the afternoons & evenings. The building has a parking garage, furnished roof deck, personal & bike storage, card operated laundry, and a live-in super. Pets are permitted; washers & dryers are not. The building is nearest to the F/M/PATH MTA 14th Street platforms and a short distance to Westside Market, Trader Joes, and Whole Foods as well as the prime shopping districts of 6th and 5th Avenues and their adjacent streets, not to mention the neighborhood's greatest amenity, Union Square. Please note that monthly maintenance is $1,381.53 per month + a capital assessment of $92.83 per month, totaling $1,474.36 per month. The capital assessment runs through 2021. Electricity is sub-metered and billed separately.

Building Details for 54 West 16th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePost-War
AccessElevator
Year Built1955
Financing Allowed75%
Floors/Apts15/116
Learn More About the Building

Transit and Citi Bike

Subway

14 St
0.09 miles
6 Av
0.13 miles
14 St-Union Sq
0.25 miles
18 St
0.28 miles
23 St
0.35 miles

Citi Bike

W 15 St & 6 Ave
0.1 miles
E 16 St & 5 Ave
0.12 miles

Contact Agents

Contact Agents

Paul Hansen
Corcoran
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1894212