$5,600,000

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, and features a 24 hour virtual doorman, a locked package room, and a dry cleaning drop-off area. Shareholders have smart phone access to the building, package room, dry cleaning room, and unit. The Coop allows purchasing in an LLC, and also allows pets. This exquisite home's Soho location has the best of both worlds; it is located on the quiet historic cobblestone Crosby Street which has few cars and pedestrians between Grand and Howard Streets (Crosby only runs north originating from Howard Street), creating privacy and quietude, and yet it is only steps to Soho's best world class restaurants and high end shopping