NYC Flatiron Building officially has apartments for sale
There’s no way to walk through New York City’s Flatiron district without seeing it Flatiron Building. It first opened in 1902 and has been part of the fabric of the city ever since. And for the first time in 124 years, if you can afford it, you can call it home.
The Flatiron Building, a former commercial building, is being converted into 38 luxury apartments and is scheduled to be fully completed later this year. Apartments in the building range from three-bedroom units selling for about $10.95 million to a 21st-floor penthouse selling for more than $50 million. Corcoran Sunshine manages sales and marketing for all apartments designed by Studio Sofield.
“Few buildings in the world evoke an emotional response like the Flatiron Building, and reimagining this iconic landmark as residential homes has been an exciting and deeply meaningful experience that we approach with great care and respect,” William Sofield, designer and founder of Studio Sofield, tells CNBC Make It via email.
There are currently two four-bedroom, four-bathroom units available, ranging in price from $16 million to $18.9 million. The others are scheduled to open later this year, and three-quarters of the building is expected to be completed by July.
The 11th-floor apartment spans 3,828 square meters and occupies two corners of the building.
Courtesy of Flatiron Building
The first is a unit on the 11th floor It hit the market on January 24 for $16 million. It spans 3,828 square meters and occupies two corners of the building, offering views to the south, east and west.
The standout feature is the great room, measuring 58 feet by 21 feet, with a 10-foot ceiling.
“You’re in a historic building overlooking historic facades. It faces southwest, so it gets tremendous light,” James Lansill, senior managing director of Corcoran Sunshine Marketing Group, tells CNBC Make It.
The second flat is on the sixth floor and was listed for $18.9 million. Spread over an area of 4,654 square feet, it is a great room with an area of more than 63 feet x 26 feet. There is also an additional half bath. The unit offers views from Madison Square Park to Fifth Avenue and Broadway.
One of the apartment’s overlooks offers views of Madison Square Park.
Courtesy of Flatiron Building
Lansill says the Flatiron Building apartments are special because each unit has subtle differences from its counterparts.
“Each one has a personality, and that personality can be determined by the historic decorations that surround the outside of the window,” he says.
“What was modern in the Flatiron Building in 1902 is still modern today. The redesigned interiors reflect a love of craftsmanship, texture and history. We carefully considered what type of design would best honor the integrity of the site and its place within the city,” Sofield says.
The sixth-floor apartment spans 4,654 square feet and has a great room measuring 63 feet x 26 feet.
Courtesy of Flatiron Building
The transformation of the Flatiron Building began in 2023 and is a redevelopment effort led by the Brodsky Organization and Sorgente Group.
“It has been an exciting process because the building is historically and architecturally interesting but also has an iconic shape,” says Lansill.
Landsill adds that because the building was designed for commercial use, it took the team about eight months to develop a meaningful concept. They eventually went down to two units on each floor (north and south apartments) as well as two full-floor units on the 20th and 21st floors.
Some of the amenities include a 20-meter lap pool, fitness center, billiards rooms and piano lounge.
Courtesy of Flatiron Building
Part of the conversation meant adding 21st-century amenities such as a wellness center, fitness center, sports simulator, lounge, 20-meter lap pool, billiards rooms and piano room. The building also offers residents private storage and wine cellars for an additional fee.
According to Lansill, four apartments in the building had already been sold at the time of the news.
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