Printed from StreetEasy.com at 05:28 PM, Jun 17 2019

Building: 305W16

305 W 16th Street, New York, NY, 10011

53 units7 storiesBuilt in 2008Has tax abated units
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Description

305W16: A Luxury Residential Cooperative Development with Condominium Rules

The seven-story, modern luxury development with exteriors by SLCE Architects, has an eclectic mix of 53 studios, one-, two- and three-bedroom residences, plus numerous lifestyle-enhancing amenities, such as an in-house gym, and a beautifully planted rooftop terrace. “Perhaps”, a 35-foot flowerpot sculpture by renowned artist, Robert Buchholz, tops this modern culture influenced building.

Apartment interiors include double-paned, triple-locked windows that provide peace and quiet, but allow for plenty of natural light. Sturdy carbonized bamboo flooring is found throughout each home. Kitchens feature Caesarstone countertops, a Bosch cooktop, Fisher & Paykel refrigerator and custom Italian-made Cerused Wenge cabinetry. Bathrooms have custom Italian-made vanities, Grohe fixtures, and Roca tile. Additionally, every home comes with a washer and dryer. Storage and bike storage is available for purchase. 305W16 provides residents with a full staff and a 24-hour doorman.

Developed by Centaur Properties, 305W16 completed construction in 2009, but remained unoccupied until summer of 2011, when sales were launched by CORE. By the end of 2012, the building was completely sold out, and is currently managed by Maxwell – Kates.

305W16 has been granted a 421-a real estate tax exemption. This abatement provides apartment owners with reduced taxes that phase out over a ten-year period, which expires in 2021. Becoming a shareholder at 305W16 provides numerous financial advantages. It has no subletting or sale restrictions, and no flip taxes. There is no board approval and no title insurance or mortgage recording tax due at closing.

At the crossroads of Chelsea, the West Village and the Meatpacking District, 305W16 sits in NYC’s vibrant cultural center.

Building description provided by Patrick Mills


Amenities

StreetEasy Verified
Highlights
  • elevator
    Elevator
  • full_time_doorman
    Full-time Doorman
Co-op Rules
  • Co-purchase Allowed
  • Parents Buying Allowed
  • Pied-a-Terre Allowed
  • Sublets Allowed
  • Gym
  • Laundry in Building
  • Package Room
  • Storage Available
Outdoor Space
  • Roof Deck
Location
  • NYC Storm Zone 4

Building Facts

Facts 53 units7 storiesBuilt in 2008Has tax abated units
Building Class R0
District Community District 104City Council District 3Police Precinct 10
Floorplans 161 floorplans available
Documents and Permits 22 documents and permits
Discussions 1 discussion
 
Sales Listings 6 active sales ($2,086 per ft² avg, $2,013,833 avg price)
94 previous sales ($1,623 per ft² avg, $1,304,457 avg price)
Rentals Listings 5 active rentals ($89 per ft² avg, $7,690 avg price)
1 in contract rental ($95 per ft² avg, $4,950 avg price)
76 previous rentals ($94 per ft² avg, $6,895 avg price)
 
Architect: SLCE Architects
Developer: Centaur Properties
Project complete date: 2011
Sales and marketing: CORE Group Marketing
Sales start: 5/18/2011

Units

Active
Sales
Rentals
All

Nearby

Transportation
  • A C E L at 14th St-8th Av under 500 feet
  • 1 at 18th St 0.21 miles
  • C E at 23rd St 0.31 miles
  • F M L 1 2 3 at 14th St 0.36 miles
  • 1 at 23rd St 0.36 miles
View subway lines on Google Maps
Schools
District 02 - Schools zoned for this address:
P.S. 011 William T. Harris (PK,0K,01,02,03,04,05,SE)
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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