SOLD FOR $925,000
Listed at $875,000 · Sold 5.7% above asking · Closed October 27, 2020
54 W 16TH Street #11A
MLS® #RLS10658180
Listing by The Corcoran Group
1
Bedroom
1
Bath
900
Sq. Ft.
1955
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: South,West facing
- Climate Control: Window Units
Property Details
Description
Residence 11A at 54 West 16th Street is a massive, convertible two-bedroom apartment and the renovator's dream canvas of 2020. Priced with room for a luxury renovation, the residence is a high floor, corner apartment at the crossroads of Flatiron, Chelsea, and Greenwich Village. With incredible southern and western views of Chelsea and Greenwich Village out every window, this home is waiting for its new owner to be reminded of all the things that made them fall in love with New York. Flexibility is this home's middle name as the discerning purchaser has numerous options to build an airy and chic living lifestyle by converting the dining area into a state-of-the-art open kitchen and the existing kitchen into a bedroom or retaining the original footprint by updating the existing kitchen and converting the current dining area into a full-size bedroom or home office. Previously drawn architectural drafts and design inspiration book is available upon request. These plans were previously approved and can be handed over to a new owner to seek renewed approval. Previous renovations in this line are dramatic and provide confidence in the building?s collaborative renovation policies. Each of the living spaces in this home offer all the space desired to avoid the cramped one-bedroom feel many are growing out of, making it a perfect and true convertible two-bedroom apartment. The existing kitchen can be converted to a second bedroom and built out a few feet to provide more space and offers the perfect alcove to install a closet. The dining area and surrounding closets provide the perfect space to design a modern and spacious kitchen that will become the envy of all. A designer walk-in closet can be built in the bedroom without compromising valuable space for furniture. The apartment recently had its floors sanded and sealed, its walls painted, and its bathroom glazed to provide a blank canvas. With small adjustments to the kitchen to update the appliances and cabinets, the apartment is in move-in and livable condition should renovation plans need to be postponed. The building is currently allowing for alterations to resume with a few added protocols as part of NY Forward. The Greenwich House is a 15-floor elevator co-op apartment with 117 apartments and a part-time doorman in the afternoons & evenings. The building has a parking garage, furnished roof deck, personal & bike storage, card operated laundry, and a live-in super. Pets are permitted; washers & dryers are not. The building is nearest to the F/M/PATH MTA 14th Street platforms and a short distance to Westside Market, Trader Joes, and Whole Foods as well as the prime shopping districts of 6th and 5th Avenues and their adjacent streets, not to mention the neighborhood's greatest amenity, Union Square. Please note that monthly maintenance is $1,381.53 per month + a capital assessment of $92.83 per month, totaling $1,474.36 per month. The capital assessment runs through 2021. Electricity is sub-metered and billed separately.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe Flatiron District is a vibrant intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.
Flatiron Live Market Data
View NeighborhoodActive Listings
120
Median Asking Price
$2.27M
Median $/Sqft
$1,690
Avg Days on Market
N/A
New This Week
5
Price Reduced
31%
Sold (30 Days)
11
Median Sale Price
$2.80M
Live data from RLS at REBNY • Updated 3/25/26, 6:55 AM EST
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Location
54 W 16TH Street #11A, Flatiron, New York County • Near Fifth Avenue & Avenue of the Americas
Floor Plans
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of The Corcoran Group - Paul Hansen
Listing Contact: (602) 793-0807
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RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 10:55 AM UTC