$4,995,000
Updated 4 years ago
Off Market

16 Crosby Street, 3-F

Soho, Manhattan | Howard Street & Grand Street

Loft 6 Rooms2 Beds2 BathsCo-op

$4,995,000
Maintenance$1,100

Listing Features

  • Corner Apartment
  • Entry Foyer
  • Floor-Through
  • Hardwood Floors
  • High Ceilings
  • Library / Den
  • Storage Closet
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Center Island
  • Eat-in Kitchen
  • Open Kitchen
  • S Steel Appliances
  • Double Vanity
  • En Suite Bathroom
  • Stall Shower

Outdoor space and views

  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Video Intercom
  • Keyed Elevator
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed

Property Description for 16 Crosby Street, 3-F

RARE OFFERING: This stunning loft comes with an ownership interest in three highly valuable retail stores that generate income to cover the majority of maintenance costs, and in some years, covers all maintenance and provides passive income to shareholders. Authentic loft living with soaring high ceilings and approx. 2,800sf floor plan featuring 2 bedrooms, 2 bathrooms, a comfortable home office, and two oversized storage units totaling over 250sf of additional storage space. The entire home undertook a gut renovation nine years ago and featured in many architectural and design magazines including Elle Decor. The home is outfitted in chic interior fixtures including brand new stunning lighting fixtures and chandeliers from Ochre on Broome Street, maintaining a wonderful mix of classic industrial and modern design. Oversized windows out triple exposures invite lovely natural light into each room, all day and showcase the neighborhood’s stunning architecture and views.?? The primary bedroom suite is peacefully nestled in the back of the home, offering a huge custom-outfitted walk-in closet and fabulous spa bath with dual sinks, a vintage linen cupboard from Les Puces de Paris, soothing freestanding tub plus separate slate rain shower. Proceed on to the gracious library media room, and well-appointed 2nd bedroom. The long hallway illuminated by a pair of 1960s Murano glass chandeliers also accesses the elegant full hall bath, a walk-in closet, and beautiful glass and cast iron office for working remotely. At the far end of the loft, the kitchen opens gracefully to the exquisite entertaining and living area brightened by a wall of floor-to-ceiling windows. A drop-dead gorgeous open living-dining room is accented by a sleek decorative fireplace, and large Arctic Pear chandelier from Ochre contrasting the striking original tin ceiling. The open top-of-the-line Valcucine kitchen is impeccably styled with an island, premium appliances, and open metal shelving topped with slate for a rustic touch. A closet-lined entryway with a full laundry room at left welcomes your arrival into truly awe-inspiring living space; complemented by a large storage room located across the hall with additional storage closets discretely lining the entire space. Originally built in 1877 as a factory and converted to a residential loft building in 1980, this gem sits in the historic Cast Iron District of Soho. 16 Crosby Street is a boutique pre-war cooperative, offering a full-service virtual doorman and “buzz-in” video concierge system which can be controlled remotely from your smart device. Other amenities include a newly-refinished elevator, chic lobby and hallways, a dry-cleaning closet, and a package room. Best of the location, near upscale shops, fine dining, and multiple subway lines including the 6,N,Q,R,A,C,E and 1 trains moments away. LLC and Trust purchases allowed case by case; pets allowed.

Listing History for 16 Crosby Street, 3-F

Now
12/22/2022
POM by Clayton Orrigo
Compass
10/03/2022
$4,995,000 [-$355,000] [6.6%]
Price Drop by Clayton Orrigo
Compass

Building Details for 16 Crosby Street

OwnershipCo-op
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1877
Floors/Apts5/12
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.09 miles
Spring St
0.22 miles
Canal St
0.26 miles
Prince St
0.31 miles
Bowery
0.33 miles

Citi Bike

Lafayette St & Grand St
0.08 miles
Howard St & Lafayette St
0.08 miles

Contact Agents

Contact Agents

Soho | Manhattan

Quick Profile

Famous for its art galleries, designer boutiques, cobblestone streets and cast-iron architecture, SoHo has always been full of buzz - wowing both tourists and locals alike. It’s rich with history (more so than most neighborhoods). So, whether you’re a computer nerd, serial shopper or foodie, you’re guaranteed to find something exciting to do in this storied neighborhood.

SoHo is bounded by Houston Street to the north, Canal Street in the south, 6th Avenue to the west and Crosby Street on the east.

The neighborhood has gone through many ups and downs over its long history. Enough to make a voluminous history book. When the Dutch discovered Lower Manhattan, they came across indigenous people living on the island. Technically, the American Indians were the first Manhattanites and then the Dutch moved in making them the second original Manhattanites. 

After the Civil War ended, the west side of Lower Manhattan flourished because the shipping routes changed. Textiles and the need for all types of products increased. Warehouses and large lofts were built and replaced farmland to accommodate the commerce. Many of those buildings are still standing and give SoHo its unique character and charm.

The bustling commerce eventually stopped and in the mid 1800’s, well-to-do families began moving into SoHo. They built exquisite buildings, many of which are characterized by their cast-iron facades. Soon after it became residential, theatres, music halls and eateries followed. The wealthy eventually left and the once prosperous district began another decline.  

The 1960’s marks SoHo’s most definitive period. City planners lost their bid to build a major highway that would level a portion of the neighborhood and many historic buildings. After their failed attempt to revitalize SoHo, artists quickly moved into the empty lofts and warehouses. Some legally, and other move-ins, not so legal. The city turned a blind eye. Artists of all mediums working from their new creative spaces created a ripple in the art scene. It was such a ripple that the well-to-do uptown crowd started buying their art and hanging out with them. The uptown folks eventually moved into the neighborhood and began buying up the lofts and warehouses. As soon as the word spread, up went the property values and the rest is history. 

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: 360347