17 E 16th St, New York, NY, 10003
About This Home
Rare Loft Opportunity | Union Square Penthouse w/ Private Roof Deck | Landmarked Building | $6,000,000 An extraordinary opportunity awaits in the heart of Union Square— the full floor Penthouse of a landmarked building, featuring a sprawling 4,300 (SF) loft and your own double 1,386 (SF) 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 revert 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-à-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 city’s most dynamic neighborhoods.
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1908
Type & Style
- Home type: Cooperative
- Property subType: Coop
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 008440011101608410TH
- Special condition: Resale
Features
- Patio & porch: Deck
- Exterior features: Private Roof Deck
- Has view: Yes
- View description: City,Skyline
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $26,799 | $321,588 |
| Home Insurance * | $885 | $10,620 |
| Property Taxes | $3,135 | $37,620 |
| Electricity | $246 | $2,954 |
| Total | $31,065 | $372,780 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-18 | Listed for sale | $6,000,000 |
| 2018-03-21 | Sold | $5,200,000 |
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