5 E 16th Street #7
MLS® #RLS10945539
Listing by Compass
3
Bedrooms
3.5
Baths
4,100
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,South facing
- Climate Control: Central Air
- Character: Pre-war building (1920)
Property Details
Description
This full-floor CONDO, is truly the most unique loft on the market!. Currently configured as a 3 bedroom, it can be converted into 4 bedrooms. Approximately 4,100 sq. ft., the sense of expansiveness starts at the entry where a keyed elevator leads into the grandly scaled entertaining spaces. This massive loft was designed by acclaimed Naiztat + Ham Architects, a boutique Downtown architecture firm that is one of the most desired firms in NYC. This move-in ready loft offers its residents a chic and stylish home for living and entertaining. With stunning proportions, the layout affords three-bedrooms with two full bathrooms and a powder room. A bonus room, currently used as an office/library/guestroom, can be transformed into a fourth bedroom - see alternate floor-plans included and the last photo of the room visually staged. This airy loft was designed by acclaimed Naiztat + Ham Architects, a boutique Downtown architecture firm that is one of the most desired firms in NYC. Naiztat + Ham Architects beautifully blended modern finishes with original industrial details that include barrel-vaulted terra-cotta ceilings 12’8’’ tall, exposed brick walls, four steel columns, exposed water pipes and fourteen oversized windows. The windows drench the interiors with natural light while framing fabulous New York City skyline views. This seventh-floor loft has Southern, Northern, and Eastern exposures and is equipped with electronic solar shades. For maximum privacy, the bonus room features electronic floor-to-ceiling blinds. The all-white Italian Boffi kitchen flows seamlessly into the open dining area and exhibits a minimalist design with no handles. A floor-to-ceiling wall system with sliding doors, conceals a Subzero refrigerator and two separate drawer-freezers, and Gaggenau wall ovens. It also provides plenty of shelving and storage space for groceries and small appliances. The island features a six-burner Boffi cooktop stove and storage on both sides. This Italian made kitchen also offers a wine cooler. The primary bedroom and secondary bedroom have north-facing oversized windows with views of East 17th Street. The primary bedroom boasts a massive walk-in closet and an en suite bathroom with double sinks, a deep soaking tub, a stall shower, and a heated towel rack. The secondary bedroom has built-in storage and ample space for bedroom furniture. The East-facing third bedroom has an en suite full bathroom, a walk-in closet, and a built-into-the-wall shoe closet. Moreover, this residence has a laundry room with a folding and ironing area. Other features of the loft include: a three-zone sound system; central air-conditioners; a media system; and an alarm system. The Photo Arts Building is a beautiful landmark prewar condominium with a passenger elevator and an attended second elevator suitable for deliveries. There is an amazing full time super. Located at the nexus between the Flatiron District and Union Square, it is a half-block from Union Square Park and the acclaimed greenmarket, and it is surrounded by trendy restaurants, bars, cafes, and shops. Pets are welcome. Notes: The CC is $2,192.14 - super low. There is a monthly capital assessment of $1,818.33 until 2028. This is part of a 10yr. capital assessment that the building levied on the residents for upgrades and necessary work coming up over the next few years. 2023 taxes on the unit are $36,713.60 (with STAR credit), making your monthlies for less than $1.69/sqft
Features & Amenities
Interior Features
Exterior Features
Appliances
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
121
Median Asking Price
$2.29M
Median $/Sqft
$1,724
Avg Days on Market
N/A
New This Week
7
Price Reduced
31%
Sold (30 Days)
11
Median Sale Price
$2.80M
Live data from RLS at REBNY • Updated 3/24/26, 2:36 AM EST
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Location
5 E 16th Street #7, Flatiron, New York County
Floor Plans
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of Compass - Linette Semino
Listing Contact: (917) 362-7250
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RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 6:36 AM UTC