SOLD FOR $4,700,000
· Closed September 9, 2022
5 E 16th Street #4
MLS® #RLS10795184
Listing by Compass
4
Bedrooms
2.5
Baths
4,000
Sq. Ft.
1914
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Style: Prewar architecture
- Character: Pre-war building (1914)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 1, 2022 | $4,700,000 | - |
| Price Reduced | Sep 9, 2022 | $5,250,000 | +11.7% |
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. Enjoy both casual and formal entertaining from the chef's kitchen leading into the enviable double living room, large dining area, and cozy private den. Simply perfect for entertaining on a grand or very personal scale. The primary bedroom boasts a glamorous, oversized en-suite spa bath with double sinks, a private steam shower, a private toilet stall, and a private dressing area. The guest bedroom also has an en-suite bath with Pentelic marble. The powder room is tastefully finished. There are abundant closets and built-in storage space throughout this quintessential New York loft. The Union Square Farmer's Market is a stone's throw away. This mixed-use condo offers fantastic flexibility for both home and office. Currently lives as a three-bedroom and easily converts to four bedrooms, this captivating and chic home has it all.
Features & Amenities
Interior Features
Appliances
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe Flatiron District is a busy 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
137
Median Asking Price
$2.42M
Median $/Sqft
$1,788
Avg Days on Market
N/A
New This Week
10
Price Reduced
32%
Sold (30 Days)
3
Median Sale Price
$1.40M
Live data from RLS at REBNY • Updated 5/18/26, 5:32 AM EST
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Location
5 E 16th Street #4, Flatiron, New York County • Near Union Square West/Fifth Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,985 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $32,436, or roughly $2,703 per month. Verify the current assessment with your attorney before closing.
This property has 4 bedrooms and 2 full bathrooms and 1 half bathroom.
The listed interior living area is 4,000 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1914, making it approximately 112 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $4,700,000 for 4,000 sq ft, the asking price per square foot is approximately $1,175. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Ed Hardesty
Listing Contact: (917) 749-9071
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 9:32 AM UTC