16 Crosby Street

16 Crosby Street is a Co-op located in SoHo, New York. The building was first built in 1877 and is 147 years old. The lot that the building was built on is 24 feet wide and 200 feet long. The official lot area is listed as 8,812 square feet. The building itself is 75 feet wide and 198 feet long. In total, 16 Crosby Street has a total floor area of 42,111 square feet. Of that, 33,394 square feet are used for residential purposes. About 8,717 square feet of the building are used for commercial purposes. There are a total of 15 units. Of those, 12 are residential units. There are three commercial units. 16 Crosby Street has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 20 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 181 days and tend to sell below the original asking price of $5,547,500 by 6.59%. Meaning, listings tend to sell at a median of $2,255 price per square foot. The transaction that took the longest to complete was unit 4RN, listed on Jun 23, 2020 for $2,725,000. This particular unit ultimately sold 345 days later for $5,750,000. The most recent transaction was for unit 2RN, which was first advertised on Sep 16, 2022, sold for $5,600,000 on May 12, 2023. Fun fact, the oldest transaction we have on record took place on Sep 29, 1970. See the full transaction history for 16 Crosby Street below.

SoHo, where 16 Crosby Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $5,547,500. For interested buyers, that means the building's median asking price is around 3.64% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,750,000. It is a 2,920 sqft 2-bedroom and 2-bathroom unit.