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.
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Building Features 15 Floors117 Units

elevator
intercom
garage
roofdeck
laundry
View all 5 building features

$925,000 / $1,027 per ft²

Sold: Oct 27, 2020

5.71% above ask / 21 Days to Sell

1 Bed / 1 Bath - / 900 ft²

Total Monthly Expenses: $1,474

Exclusively listed with: Corcoran Group

Paul
Hansen

paul.hansen@corcoran.com

(602) 793-0807

MaryElizabeth
Smith

maryelizabeth.smith@corcoran.com

(718) 923-8024

Listing Courtesy of Corcoran Group View Listing

Unit listing history

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