Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $925,000

Listed at $875,000 · Sold 5.7% above asking · Closed October 27, 2020

SOLD: 54 W 16TH Street #11A
SOLD $925,000
Sold Co-op

$925,000

$1,028 per sq ft

Listed at $875,000 +$50,000 vs asking

54 W 16TH Street #11A

Flatiron, Manhattan

THE GREENWICH HOUSE

MLS® #RLS10658180

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

900

Sq. Ft.

1955

Year Built

Sale Details

Sale Price $925,000
Original List Price $875,000
Close Date October 27, 2020
vs. Asking Sold 5.7% above asking

Property Summary

Bedrooms 1
Bathrooms 1
Living Area 900 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,474.36/mo
Neighborhood Flatiron
Floor 11 of 15

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.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
View City
Cooling Window Units
Year Built 1955
Living Area 900 sq ft

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RLS at REBNY

Listing courtesy of Paul Hansen at The Corcoran Group. 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. This 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.

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