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4,200 ft²

$1,119 per ft²

8 rooms

3 beds

2.5 baths

recorded sale

Sold on 7/26/2022

Verified by closing records

Last listed for $5,250,000

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Seller's agent

Licensed Associate Real Estate Broker

Compass

This home has been saved by 47 users.

Listing by Compass, Corporate Broker, 110 5th Avenue, New York, NY 10011

Common charges

$1,985/mo

Estimated payment

$37,322/mo

Taxes

$2,703/mo

Tax abatement

No info

About

Seller’s agent

/

Ed Hardesty

Licensed Associate Real Estate Broker

Compass

Buyer’s agent

/

Susanne Rhow

Licensed Associate Real Estate Broker

Brown Harris Stevens

description

Live the downtown dream in this expansive full-floor condominium loft just steps off Fifth Avenue in Flatiron’s Photo Arts building. The key lock elevator opens into a gracious entry foyer of frosted glass and elegant wood. From there you enter the glorious great room where comfort and luxury abound with the home’s soaring ceilings, walls of southern facing windows, and a dramatic open living plan.

Policies

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Home features

  • Central air

  • Dishwasher

  • Hardwood floors

  • Washer/dryer

Building amenities

Services and facilities

  • Doorman

    Virtual

  • Elevator

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

5 East 16th Street

5 East 16th Street, New York, NY 10003

Condo building inFlatiron

- units

12 stories

1920 built

Property history

  • Price Change: ↓ $745,000 (-12.4%) on 5/26/22
  • Days on market: 148 days
DatePriceEvent

7/26/2022

$4,700,000

Sold by Compass

7/7/2022

$5,250,000

In contract

7/7/2022

$5,250,000

Listed by Compass

6/6/2022

$5,250,000

Temporarily off market

5/26/2022

$5,250,000

Price decreased by 12%

Past listing photos

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Explore Flatiron

Transit

LocationDistance

LNQRW456at 14th St–Union Square

under 500 feet

FLM123at 14th St

0.22 miles

FLM123at 6th Av

0.25 miles

PATHat 14th Street Station

0.26 miles

RWat 23rd St

0.27 miles

About Flatiron

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

3 beds

$3.8M

RentalsMedian asking base rent

3 beds

$19,997

Flatiron is a historic New York City neighborhood that has seen its fair share of change over the years. In the early 1900s, it was a major commercial and residential center. By the middle of the century, things stagnated as businesses and residents left in search of more space and lower rents. In recent years, stores, upscale restaurants, and new developments moved back in, and the neighborhood is seeing a significant resurgence. Fifth Avenue now bustles with some of the best shopping in the city, and restaurants run the gamut from Michelin-rated to Yelp-reviewed food trucks.

Flatiron is busiest at midday and cocktail hour and tends to quiet down a bit at night, although the lights never truly turn off. Proximity to Union Square and multiple subway lines make it an equally easy trip to Midtown or Downtown.

Learn more about Flatiron