16 East 17th Street is a distinctive co-op conversion of a 1900 button factory, offering full floor lofts with private key locked elevators in the heart of the Flatiron District. The building preserves many original architectural details from the early 20th century, including soaring 12 to 13 foot ceilings, expansive 9 to 10 foot windows, exposed brick walls, and original hardwood floors. Each residence occupies an entire floor, providing generous space that typically ranges around 2,000 square feet, with flexible layouts that have housed artists and photographers for decades.
The apartments feature impressive scale and light, with some units offering private roof decks, mezzanine levels, and skylights. Many retain their loft character while accommodating modern living, with configurations ranging from large one bedrooms to two bedroom layouts, often with the potential for easy reconfiguration. Several units boast Empire State Building views and the pin drop quiet that comes from the building's solid construction, despite its bustling downtown location.
A unique financial advantage sets this building apart: the co-op owns the street level retail spaces, which generate income that significantly reduces maintenance fees for shareholders, with monthly charges as low as $1,800. This income producing arrangement has historically provided periodic distributions to residents, making ownership particularly attractive. The building also provides individual storage units in the basement and maintains a part time superintendent.
Located just steps from Union Square, residents enjoy immediate access to the Union Square Greenmarket, Whole Foods, major subway lines, and the vibrant dining and shopping scene of the Flatiron District. The building's position between Broadway and Fifth Avenue places it at the center of one of Manhattan's most dynamic neighborhoods, offering both the authentic character of converted industrial space and the convenience of urban living.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.