This former vacuum bag factory on 16th Street between 5th and 6th Avenues is being turned into a five-story, 32-unit condominium residence with the unfortunate moniker Suite Sixteen. The Karl Fischer-designed building was vested under the former R6 zoning, which explains its height of 55 feet; it also used the “alteration permit” backdoor. Aguayo & Huebener has the first listing up now, a 1,400-square-foot, two-bedroom condo on the fourth floor for $1,199,000. Parking and an on-site gym are also available. The listing description is rife with high-end catch phrases and brand names and is clearly targeting a buyer with money to spend. Do you think there’s going to be an appetite for this kind of listing this far south?
Suite Sixteen [Aguayo & Huebener]
GMAP P*Shark DOB