7 West 16th Street

$14,999,950
Price
11
Beds
7
Baths
9,200 Sq. Ft.
$1,630 / Sq. Ft.
9,200
Sq. Ft.
$1,630
per Sq. Ft.

Description

This historic townhouse is a distinctive reminder of when this section of Manhattan was a fashionable neighborhood of handsome residences. Remarkably intact, this house has maintained its original character and is being offered as unique redevelopment opportunity. It is built to the full-width of a unusually wide 33' X 92' lot. Reimagine it as an elegant trophy mansion or as a condominium conversion. It can be mixed-use, commercial, or residential as-of-right; making it equally ideal for a corporate...This historic townhouse is a distinctive reminder of when this section of Manhattan was a fashionable neighborhood of handsome residences. Remarkably intact, this house has maintained its original character and is being offered as unique redevelopment opportunity. It is built to the full-width of a unusually wide 33' X 92' lot. Reimagine it as an elegant trophy mansion or as a condominium conversion. It can be mixed-use, commercial, or residential as-of-right; making it equally ideal for a corporate or foundation headquarters, medical offices, or other institutional uses. It is offered complete with exquisite original details, measuring 33' X 64' and approximately 9200 Sq Ft as-built. with almost 9350 Sq. Ft. of additional air-rights to expand the property or which may be transferred to another parcel in the area, with the approval of the NYC DOB and Landmarks Preservation Commission. Perfectly located at the nexus of Chelsea, the Village, and Flatiron, it is currently configured as an eight-family, income producing property. Owner can deliver vacant and all reasonable offers will be considered. Contact us to learn more about this unique opportunity.

Property Details for 7 West 16th Street

Zoning
C6-2M
View
Other

Location

Listing Courtesy of Corcoran Group
Add your commute
LISTING UPDATED: 04/27/2024 03:20 PM

Property Details for 7 West 16th Street

StatusActive
MLS IDRPLU-33422737605
Days on Market195
Taxes$8,916 / month
Maintenance-
Min. Down Pymt-
Total Rooms21.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1925
Lot Size3,066 SF / 92' x 33'
CountyNew York County

Building

7 West 16 Th Street Building (Part

7 Units3 StoriesBuilt in 1925

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 7 West 16th Street

Stories3Residences7Year Built1925Building Size33' x 63'Building Sq. Ft6,237 SFLot Size3,066 SF / 92' x 33'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$90,777 per month

30 year fixed, 7.25% Interest

Principal and Interest

$81,861

Property Taxes

$8,916

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 West 16th Street

Summary
Location and General Information
  • Subdivision Name: Flatiron
  • Stories Total: 5
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0035
  • Tax Block: 00818
  • Flip Tax: $0
  • Building Tax Lot: 0035
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 2079.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 92.00x33.33
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: Deck
Interior Features
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: No
  • ElevatorsTotal: 0
  • Size Dimensions: 63.00x33.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 7 West 16th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7 West 16th Street

Taxable ValueLand$361,350Additions$1,876,770Total$2,238,120
Home Facts
Total Finished SqFt5,625 SqFtLot Size3,066 SqFtYear Built1925ZoningC62MAPN1008180035

Schools near 7 West 16th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Sixth Avenue Elementary School
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7 West 16th Street is a townhouse for sale in Flatiron. This property was listed for sale on October 20, 2023 by Corcoran Group, it's currently listed at $14,999,950. This listing's school district is New York City Geographic District # 2. Nearby schools include Sixth Avenue Elementary School, Nyc Lab Ms For Collaborative Studies and Jhs 104 Simon Baruch. 7 West 16th Street is a 11-bed, 7-bath, 9,200 sqft townhouse built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.