16 N 3rd St
16 N 3rd St is a 9-story building in Downtown San José with 100% of its floor area within daylight reach of a facade. This screen estimates 125 homes and scores it 98 out of 100 for office-to-residential conversion suitability.
CA-16 · Screened 2026-09-12 · Strong candidate
This building's conversion pencils at default assumptions without any subsidy.
This footprint has no windowless core at all: every point on the floor plate is within 35 ft of a facade, which is unusual and is the main reason it scores as well as it does.
| Suitability scoreStrong candidate | 98 / 100 |
|---|---|
| Storiesfrom 113 ft LiDAR height ÷ 12 ft floor-to-floor | 9 |
| Floor plateper floor, from the city footprint | 14,706 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 100% |
| Deepest interior pointviability threshold is 80 ft | 34 ft |
| Windowless coreper floor — renovated but never rentable | 0 sq ft |
| Estimated homesat 750 sq ft average | 125 |
| Conversion cost$405/sq ft all-in on 117,646 sq ft | $47.6M |
| Gap before grantpencils unsubsidized | -$5.5M |
| Modeled RESIDE grantbelow the statutory cap | $7.5M |
| ZoningNaglee Park | DC |
These figures are a screen, not a feasibility study, and they come from public footprint and height data rather than from plans. See how this was computed and what it cannot tell you, or open this building in the interactive survey to change the assumptions behind it.