Buy with Yoreevo
$5,895,000
List Price: $6,000,000
Share Listing
Save Listing
17 East 16th Street #12A&B
Coop in Flatiron •  building info
3bd • 2ba
Buy with Yoreevo

$5,895,000

List Price

$6,000,000

Key Details
Listed today
Last price change
loading...
Estimated payment
$37,280/mo
Taxes
Included in maintenance fees
Maintenance
$10,300/mo
Description
Rare Loft Opportunity | Union Square Full-Floor Penthouse w/ Private Roof Decks | Landmarked Building | 4,300sf | $6,000,000 An extraordinary opportunity awaits in the heart of Union Square the full floor Penthouse of a landmarked building, featuring a sprawling 4,300sf loft and your own double 1,386sf private outdoor roof decks. Currently half the floor operates as a home and the other half operates as a daycare center. This full floor Penthouse is a blank canvas offering immense potential to create a truly bespoke New York City residence, limited only by your imagination. With 23 oversized windows and 8 skylights, this rare Penthouse flourishes with natural light flooding the entire space throughout the day, while soaring ceilings enhance the sense of openness and scale. Whether you envision a sleek modern loft, a cozy industrial-chic haven, artist studio or family space to truly call home this is your chance to bring your dream home to life. Presently: Seller has hired an architect and received approved plans by DOB to convert the entire floor to residential status. The buyer will be responsible for obtaining the certificate of occupancy in order to convert the commercial space to residential for the entire floor. Buyers are strongly encouraged to bring a contractor and/or architect to fully grasp the incredible transformation possibilities. Building Highlights: -Landmark building with character and history -Pets allowed with Board approval -In-unit washer/dryer permitted -Pied--terre and secondary residence allowed (Board approval required) -Subletting allowed (Board approval required) -Guarantors and co-purchasing permitted (select conditions apply) With Union Square just outside your door, enjoy unparalleled access to world-class dining, shopping, cultural venues, multiple subway lines, and the iconic Greenmarket. Opportunities like this rarely arise a true New York original in one of the citys most dynamic neighborhoods.

Hide full description

Important Stuff
Elevator
Pets allowed
Building amenities
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$6,000,000
Asking Price: $6,000,000
Term
30 Years
Down Payment
$1,500,000 (25%)
Min: 25% (1,500,000)
Rate
6.0 %
Mortgage Amount
$4,500,000
Mortgage Payment
$26,980
Maintenance
$10,300
Estimated Yoreevo rebate
$105,000
Estimated closing cost
$142,000
Total monthly cost $37,280
Buy your dream home with us and get an estimated $105,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.