16 Crosby Street, New York, New York, 10003

16 Crosby Street Apt: 4-RN
New York NY 10003

Cross street:Howard Street

Building

Type:Loft
Era:Post-war
Floors:5

Property

Ownership: Co-op
Rooms: 5
Bedrooms: 3 BR
Bathrooms: 3
Pets: Pets Allowed

Financials

Price: $5,795,000
Maintenance: $900
415 Madison Avenue New York, NY 10017
Courtesy of Compass

Description

If you are looking for a dream home, on one of the most coveted cobblestone blocks in Soho, this spectacular space will take your breath away as soon as you step inside! The beautiful, 1877 cast iron building, sits on quiet Crosby Street just a short walk to bustling Broadway.

Embrace this golden opportunity to own a rarely available 2,250 square foot loft with NO MAINTENANCE! Sun-drenched and expansive, it is the epitome of a true artist loft featuring four, seven-foot windows, eastern exposure and 11' ceilings in an open, airy layout. Bring your architect and make this open canvas your next masterpiece!

This self managed Coop boasts very strong financials from an eclectic mix of ground floor commercial leases. 16 Crosby has recently reinvested its generous cash flow in its common areas with several upgrades including new electrical, new metering, and a new video intercom system. A new keyed elevator was also installed two years ago, with hallways currently being remodeled with new hard wood flooring, new lighting, and a new modern lobby featuring walnut ceiling panels and sleek concrete flooring.

Conveniently located near six subway lines in one of the world's most premier neighborhoods, the building is surrounded by a plethora of interesting art galleries such as the Pomegranate Gallery, food institutions Balthazar's and The International Culinary Center and vibrant nightlife just a stone throw away at the Mondrian Soho Hotel.


FILM TOUR & VIRTUAL 3D TOUR AVAILABLE. **EXCEPTIONAL RENOVATED LOFT WITH VERY LOW $900/mo. MAINTENANCE (ZERO MAINTENANCE & INCOME SOME YEARS) AND FROM OWNERSHIP IN THREE HIGHLY VALUABLE GROUND FLOOR RETAIL STORES** RARE OFFERING: The loft comes with an ownership interest in three highly valuable retail stores worth millions of dollars that generate income to cover the majority of maintenance costs, and in some years, covers all maintenance and provides passive income to shareholders. In addition, if shareholders decide to sell the stores, it would equate to millions in additional value, included in this purchase at a 40-50% discount by being attached to the shares of this loft. 16 Crosby Street is a boutique pre-war cooperative offering a private low-key residence with high-tech and state-of-the-art modern conveniences. It is located on the southernmost block of the street - a picturesque landmarked enclave laid with beautiful cobblestones, a few high-end boutiques, and very little foot and car traffic, making it one of the most coveted and prestigious locations in Soho. Combining old-world architectural details with the highest level of modern finishes from Europe and Brooklyn based artisans, fixtures by Vola and Dornbracht, this 2,400 SF THREE BEDROOM (interior), THREE BATHROOM LOFT underwent an extensive TWO YEAR RENOVATION by a highly regarded architect preserving authentic features like blackened STEEL COLUMNS and original EXPOSED WOOD BEAMS, creating a balanced marriage of the building’s rich pre-war history, highest level contemporary finishes, and modern smart technology. The entire home is controlled from your mobile device or voice command with the latest smart technologies including 7 music zones, LED recessed and cove lighting, THREE-ZONE CENTRAL AC and temperature/humidity control, and a robust security system allowing you to create a zen-like oasis perfectly choreographed to your daily routines and preferences. The open CHEF’S KITCHEN with a breakfast bar opens seamlessly to the dining area, providing an incredible space to entertain guests. The kitchen has too many features to note, fully customized with incredible storage, beautiful finishes, custom Italian glass and wood cabinetry, highest-level stainless steel appliances and fixtures, Wolf induction stove, and even a built-in UV lit herb/flower garden greenhouse system. The master suite offers a pin-drop quiet escape that welcomes natural light through a custom Bendheim Architectural Glass glass door system as well as an artisan crafted massive zinc sliding wall to create an open loft feel or a private enclosed bedroom. Dressing closets are huge with floor to ceiling fully customized dressing area with impressive clothing storage. The two additional bedrooms are smartly designed to receive natural light. All THREE FULL BATHROOMS boast stunning detail in carved fine Italian marble and stone finishes, mixed with luxuries meant to stimulate the senses and melt the stress away. A FULL-SERVICE VIRTUAL DOORMAN and impressive “Buzz-In” VIDEO CONCIERGE SYSTEM controlled by your smartphone or a 3rd party Concierge give residents total control of who enters the building, offering package and delivery management and remote video monitoring. Services include a dedicated dry-cleaning closet and a cold-storage/package room for grocery and package delivery. In addition to the tremendous storage in the apartment, there’s a PRIVATE HALLWAY UTILITY STORAGE CLOSET just steps from the apartment door, and downstairs on the basement level, an entire 200 SF PRIVATE STORAGE ROOM perfect for your wine collection, bikes, and all of your other storage needs. Located in the historic SoHo CAST-IRON DISTRICT,16 Crosby Street was originally built in 1877 as a factory. It was converted to a cooperative residential loft building in 1980. The location, just steps away from the intersection of SoHo, Nolita, Little Italy, and Tribeca – is in the heart of the best New York City's downtown has to offer. From world-famous hot spots like Balthazar, Le CouCou, The Blonde, La Mercerie and The Crosby Street Hotel to fun local hangouts such as Saturday’s, Smile To Go, Jack’s Wife Freda, La Esquina, Y7 Studio, Soul Cycle and Orange Theory, there is wealth to do in close walking distance providing endless culinary and fitness options. You are close to SoHo’s greatest shops yet in a beautiful quiet little paradise away from the hustle and bustle. Spend your summer frequenting the best rooftop bars the city has to offer and your are easily accessible to the entire city from the nearby 6,N,Q,R,A,C,E and 1 trains just minutes away. This exceptional loft apartment is truly a modern masterpiece that cannot be fully appreciated without seeing it for yourself, and the ownership of the retail stores and substantial income they provide, make this offering an especially unique opportunity. LLC purchases allowed, pets allowed, subletting is limited and controlled by the Board on a case by case basis.

Amenities

Private Storage;

  • Washer Dryer
  • Elevator
  • Keyed Elevator
  • Video Intercom

Neighborhood

More listings:

If you are looking for a dream home, on one of the most coveted cobblestone blocks in Soho, this spectacular space will take your breath away as soon as you ...

Description

If you are looking for a dream home, on one of the most coveted cobblestone blocks in Soho, this spectacular space will take your breath away as soon as you step inside! The beautiful, 1877 cast iron building, sits on quiet Crosby Street just a short walk to bustling Broadway.

Embrace this golden opportunity to own a rarely available 2,250 square foot loft with NO MAINTENANCE! Sun-drenched and expansive, it is the epitome of a true artist loft featuring four, seven-foot windows, eastern exposure and 11' ceilings in an open, airy layout. Bring your architect and make this open canvas your next masterpiece!

This self managed Coop boasts very strong financials from an eclectic mix of ground floor commercial leases. 16 Crosby has recently reinvested its generous cash flow in its common areas with several upgrades including new electrical, new metering, and a new video intercom system. A new keyed elevator was also installed two years ago, with hallways currently being remodeled with new hard wood flooring, new lighting, and a new modern lobby featuring walnut ceiling panels and sleek concrete flooring.

Conveniently located near six subway lines in one of the world's most premier neighborhoods, the building is surrounded by a plethora of interesting art galleries such as the Pomegranate Gallery, food institutions Balthazar's and The International Culinary Center and vibrant nightlife just a stone throw away at the Mondrian Soho Hotel.


FILM TOUR & VIRTUAL 3D TOUR AVAILABLE. **EXCEPTIONAL RENOVATED LOFT WITH VERY LOW $900/mo. MAINTENANCE (ZERO MAINTENANCE & INCOME SOME YEARS) AND FROM OWNERSHIP IN THREE HIGHLY VALUABLE GROUND FLOOR RETAIL STORES** RARE OFFERING: The loft comes with an ownership interest in three highly valuable retail stores worth millions of dollars that generate income to cover the majority of maintenance costs, and in some years, covers all maintenance and provides passive income to shareholders. In addition, if shareholders decide to sell the stores, it would equate to millions in additional value, included in this purchase at a 40-50% discount by being attached to the shares of this loft. 16 Crosby Street is a boutique pre-war cooperative offering a private low-key residence with high-tech and state-of-the-art modern conveniences. It is located on the southernmost block of the street - a picturesque landmarked enclave laid with beautiful cobblestones, a few high-end boutiques, and very little foot and car traffic, making it one of the most coveted and prestigious locations in Soho. Combining old-world architectural details with the highest level of modern finishes from Europe and Brooklyn based artisans, fixtures by Vola and Dornbracht, this 2,400 SF THREE BEDROOM (interior), THREE BATHROOM LOFT underwent an extensive TWO YEAR RENOVATION by a highly regarded architect preserving authentic features like blackened STEEL COLUMNS and original EXPOSED WOOD BEAMS, creating a balanced marriage of the building’s rich pre-war history, highest level contemporary finishes, and modern smart technology. The entire home is controlled from your mobile device or voice command with the latest smart technologies including 7 music zones, LED recessed and cove lighting, THREE-ZONE CENTRAL AC and temperature/humidity control, and a robust security system allowing you to create a zen-like oasis perfectly choreographed to your daily routines and preferences. The open CHEF’S KITCHEN with a breakfast bar opens seamlessly to the dining area, providing an incredible space to entertain guests. The kitchen has too many features to note, fully customized with incredible storage, beautiful finishes, custom Italian glass and wood cabinetry, highest-level stainless steel appliances and fixtures, Wolf induction stove, and even a built-in UV lit herb/flower garden greenhouse system. The master suite offers a pin-drop quiet escape that welcomes natural light through a custom Bendheim Architectural Glass glass door system as well as an artisan crafted massive zinc sliding wall to create an open loft feel or a private enclosed bedroom. Dressing closets are huge with floor to ceiling fully customized dressing area with impressive clothing storage. The two additional bedrooms are smartly designed to receive natural light. All THREE FULL BATHROOMS boast stunning detail in carved fine Italian marble and stone finishes, mixed with luxuries meant to stimulate the senses and melt the stress away. A FULL-SERVICE VIRTUAL DOORMAN and impressive “Buzz-In” VIDEO CONCIERGE SYSTEM controlled by your smartphone or a 3rd party Concierge give residents total control of who enters the building, offering package and delivery management and remote video monitoring. Services include a dedicated dry-cleaning closet and a cold-storage/package room for grocery and package delivery. In addition to the tremendous storage in the apartment, there’s a PRIVATE HALLWAY UTILITY STORAGE CLOSET just steps from the apartment door, and downstairs on the basement level, an entire 200 SF PRIVATE STORAGE ROOM perfect for your wine collection, bikes, and all of your other storage needs. Located in the historic SoHo CAST-IRON DISTRICT,16 Crosby Street was originally built in 1877 as a factory. It was converted to a cooperative residential loft building in 1980. The location, just steps away from the intersection of SoHo, Nolita, Little Italy, and Tribeca – is in the heart of the best New York City's downtown has to offer. From world-famous hot spots like Balthazar, Le CouCou, The Blonde, La Mercerie and The Crosby Street Hotel to fun local hangouts such as Saturday’s, Smile To Go, Jack’s Wife Freda, La Esquina, Y7 Studio, Soul Cycle and Orange Theory, there is wealth to do in close walking distance providing endless culinary and fitness options. You are close to SoHo’s greatest shops yet in a beautiful quiet little paradise away from the hustle and bustle. Spend your summer frequenting the best rooftop bars the city has to offer and your are easily accessible to the entire city from the nearby 6,N,Q,R,A,C,E and 1 trains just minutes away. This exceptional loft apartment is truly a modern masterpiece that cannot be fully appreciated without seeing it for yourself, and the ownership of the retail stores and substantial income they provide, make this offering an especially unique opportunity. LLC purchases allowed, pets allowed, subletting is limited and controlled by the Board on a case by case basis.

Amenities

Private Storage;

  • Washer Dryer
  • Elevator
  • Keyed Elevator
  • Video Intercom

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.