$5,995,000
●
Co-op -
Off Market
16 Crosby Street #2RN
New York, NY 10013
3 Beds
3 Baths,
1
Half Bath
$30,337
Estimated Monthly
$900
HOA / Fees
1.92%
Cap Rate
About This Property
Introducing a Spectacular Soho Loft Masterpiece with Rare Financial
Benefits and Savings Welcome to 16 Crosby Street #2RN, a
show-stopping, dramatic, and stunning masterpiece loft in Prime
Soho that will WOW even the most discerning buyer. Having recently
finished a custom designed triple-mint renovation, this ultra-cool,
impeccably-designed, one-of-a-kind loft with a multitude of
luxurious and eye-catching detail, boasts 14 ft ceilings, and also
offers the rare financial benefit of practically no monthly
maintenance expense. This loft owns 7.5% of the Coop's 3
prime retail leases, and the retail rental income historically has
paid for all common area charges, real estate taxes, plus
shareholders have also received dividend income up to $30,000
annually. The retail rental income continues to pay for
shareholders' internet & cable television and the maintenance
charges are quite minimal (currently only $900). The ownership of
this loft is therefore equivalent to a savings of approximately
$5000 a month or $300K over 5 years. Enter this spectacular
almost 2400 square foot loft and experience the jaw-dropping
enormous sun-filled Great room ideal for entertaining and luxurious
for everyday living of approximately 750 sq ft, with soaring 14
feet ceilings. The Great room features an expansive living area, an
open kitchen and dining area framed by a wall of massive 10-foot
windows providing a constant stream of eastern light from the front
of the building on quiet and historic and desirable cobblestone
Crosby Street. The Great Room is a perfect blend of historic
classic loft architecture and modern luxury. Its original elegant
columns and white pressed tin ceilings are complemented by the
modern design. The high ceilings also create a unique opportunity
for a home gallery display of art. The modern open and chic
chef's kitchen features a stunning white counter island that seats
three, and pristine contrasting black modern Italian cabinetry, a
suite of Miele high-end cooking appliances, a Subzero refrigerator,
and a magical faucet that folds down to create an uninterrupted
counter surface. Plentiful custom cabinetry and extensive counter
space ensure an exceptional cooking and entertaining experience.
The stunning dining area showcases a circular built-in
banquette framed by lovely ebony wood cabinets and shelving above.
Two wine coolers provide 50 bottle storage and up to 100 cans of
soft drinks. The serene and luxurious primary bedroom suite
can be found in a private corner of the loft separated by majestic
floor to ceiling glass and steel doors with automated curtains,
framed by floor to ceiling custom shelving creating a secluded
peaceful retreat. The stunning modern ensuite primary
bathroom features a smart toilet, 2 Robern vanities, 2 deep
medicine cabinets, Kallista hardware, Ann Sacks tile, a stand-alone
matte bathtub, separate glass shower, wireless TV, and a
chandelier. The master suite features two dramatic
walk-in-closets and a dressing room with plentiful floor to ceiling
storage. On the opposite side of the loft are two additional
bedrooms, and two bathrooms. The stunning and secluded second
bedroom features extensive closets and access to a multi-purpose
mezzanine that can function as a home office, den, or additional
sleep loft plus storage rooms totaling approximately 400 square
feet. The guest bath is a work of art featuring modern black
and white tile, a Robern vanity, Kallista hardware, Ann Sacks tile,
and a stand-alone matte bathtub. The spectacular 3rd sleeping
space/den/home office off the Great Room is framed by floor to
ceiling glass and steel doors and when opened to the living room,
can function as a den, or when closed, is a third bedroom with its
built-in Murphy bed. To top it all off, the loft transfers
with a large room of almost 300 square feet in the basement that
can serve multiple purposes: a private gym, a home office plus
extensive storage, and is equipped with a 300 bottle wine cooler,
its own HVAC, internet, cable tv, and outside fresh air supply.
Other desirable features of this stunning loft include: 5
zone central air conditioning, a laundry room with a large capacity
LG washer and dryer, sink and cabinets, two home office desk areas,
Lutron lighting, an automated window shade system, and a
smart 10 speaker (in-ceiling) home stereo system. 16 Crosby
Street is a historic boutique Cast Iron loft building that has a
beautifully renovated lobby, elevator and hallways, a
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$900
Year Built
1877
Last updated: 4 months ago (OneKey MLS #ONEH6227590)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 13, 2024 | No longer available | - | |
No longer available | |||
Feb 5, 2021 | Sold | $4,200,000 | |
Sold | |||
May 12, 2023 | Sold to Taylor Storms | $5,600,000 | |
Sold to Taylor Storms | |||
Jan 14, 2023 | In contract | - | |
In contract | |||
Sep 16, 2022 | Listed by Serhant LLC | $5,995,000 | |
Listed by Serhant LLC |
Show More
Property Highlights
Elevator
Doorman
Air Conditioning
Parking Details
Parking Features: Other
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 2
Interior Information
Interior Features: Private Laundry, Elevator, Home Office
Appliances: Dishwasher, Dryer, Washer
Room Information
Rooms: 5
Basement Information
Basement: See Remarks
Exterior Details
Property Information
Square Footage : 2400
Architectual Style: Co-Op
Property Type: Residential
Property Sub Type: Stock Cooperative
Year Built: 1877
Year Built Source: Other
Building Information
Building Area Units: Square Feet
Land Information
Water Source: See Remarks
Utilities Details
Cooling: Yes
Cooling: Central Air
Heating: Other, See Remarks
Sewer : Other
Location Details
County or Parish: Manhattan
Other Details
Association Fee: $900
Association Fee Freq: Monthly
Selling Agency Compensation: 2
On Market Date: 2022-09-16
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
3
Beds
3
Baths
2,400 ft²
$2,333/ft²
$5,600,000
Sep 16, 2022
$5,600,000
May 18, 2023
$900/mo
Co-op
3
Beds
2
Baths
2,500 ft²
$2,119/ft²
$5,298,000
Apr 16, 2021
$5,298,000
Nov 4, 2021
$5,050/mo
Sold
Co-op
3
Beds
5
Baths
-
$6,495,000
Jan 30, 2021
$6,495,000
Jul 13, 2021
$2,450/mo
Sold
Co-op
3
Beds
4
Baths
-
$5,890,000
Oct 31, 2014
$5,890,000
Aug 17, 2015
$3,940/mo
Co-op
3
Beds
2
Baths
4,000 ft²
$1,569/ft²
$6,275,000
Apr 4, 2014
-
Feb 5, 2021
$2,000/mo
Co-op
3
Beds
3
Baths
2,350 ft²
$2,255/ft²
$5,300,000
Mar 26, 2021
$5,300,000
Jun 10, 2021
$1,000/mo
Active
Co-op
3
Beds
3
Baths
3,000 ft²
$2,165/ft²
$6,495,000
Nov 9, 2023
-
$5,000/mo
Active
Co-op
3
Beds
4
Baths
6,000 ft²
$1,167/ft²
$7,000,000
Aug 1, 2023
-
$8,574/mo
Active
Co-op
3
Beds
2
Baths
2,970 ft²
$1,818/ft²
$5,400,000
Feb 28, 2024
-
$4,945/mo
In Contract
Co-op
3
Beds
2
Baths
4,000 ft²
$1,249/ft²
$4,995,000
May 30, 2023
-
$5,000/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/16/2022
|
3 Bed
|
3 Bath
|
-
|
$5,995,000
3 Bed
3 Bath
|
$5,600,000
-6.59%
05/12/2023
|
Ryan Serhant
Serhant LLC
|
||
03/26/2021
|
3 Bed
|
3 Bath
|
2350 ft²
|
$3,890,000
3 Bed
3 Bath
2350 ft²
|
$5,300,000
+36.25%
06/10/2021
|
Jason Naggiar
Douglas Elliman Real Estate
|
||
04/25/2016
|
2 Bed
|
3 Bath
|
2400 ft²
|
$4,200,000
2 Bed
3 Bath
2400 ft²
|
$4,200,000
08/26/2016
|
Kristin Thomas
Compass
|
Building Info
16 Crosby Street
16 Crosby Street, New York, NY 10013
- 15 Units
- 1 Unit for Sale
About Downtown Manhattan
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