Seller's Agent in 2023
Linette Semino
Compass
(917) 362-7250
1 in this area
5 Total Sales
5 E 16th St Unit 7 New York, NY 10003
College Point Neighborhood
3
Beds
2.5
Baths
4,100
Sq Ft
$2,192/mo
HOA Fee
Highlights
- High Ceiling
- Soaking Tub
- Sound System
- P.S. 129 Patricia Larkin Rated A-
- Recessed Lighting
- Entrance Foyer
About This Home
As of November 2023This 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
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $36,720
Year Built
- Built in 1920
Lot Details
- Private Entrance
HOA Fees
- $2,192 Monthly HOA Fees
Interior Spaces
- 4,100 Sq Ft Home
- Sound System
- High Ceiling
- Recessed Lighting
- Entrance Foyer
- Concrete Flooring
Kitchen
- Electric Cooktop
- Range Hood
- Freezer
- Dishwasher
- Wine Cooler
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Legal Lot and Block 1007 / 00844
Community Details
Overview
- 12 Units
- Flatiron Subdivision
- 12-Story Property
Amenities
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $4,999,999 | -13.0% | $1,220 / Sq Ft |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- |
| 03/29/2023 03/29/23 | For Sale | $5,750,000 | 0.0% | $1,402 / Sq Ft |
| 05/10/2021 05/10/21 | Rented | -- | -- | -- |
| 04/10/2021 04/10/21 | Under Contract | -- | -- | -- |
| 03/01/2021 03/01/21 | For Rent | $19,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Linette Semino
-
Stephanie Repkow
Seller Co-Listing Agent in 2023
Stephanie Repkow
Compass
(917) 257-2939
1 in this area
1 Total Sale
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10945539
APN: 620100-00844-1007
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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