7 W 16th St - Apartments FOR SALE


New York, NY 10011- Union Square
$9,999,999 USD
212-444-7844
7 W 16th St, New York, NY for Sale
$9,999,999 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

7 W 16th St
New York, NY 10011
Union Square


OVERVIEW

33-Foot-Wide Flatiron Townhouse 30% Reduction $10.5M With a 30% price reduction, this extraordinary 33-foot-wide townhouse is a true rarity in Manhattan. Just off Fifth Avenue and adjacent to Greenwich Village's distinguished Gold Coast, it stands at the nexus of Flatiron, Chelsea, and the Village—an address that combines scale, history, and location. Measuring approximately 9,200 square feet, the building retains original details including a graceful spiral staircase, parlor floor entry with high ceilings, ornate mantles, and decorative plasterwork. Currently arranged as 10 apartments, the property provides immediate income with long-term potential upside. Its flexible as-of-right zoning allows for residential, commercial, mixed-use, or institutional purposes, whether held as an investment, adapted as a foundation headquarters, or reimagined as a private residence of extraordinary breadth. The property also carries approximately 9,350 square feet of air rights, subject to DOB and LPC approvals. Built circa 1846, No. 7 is a rare Greek Revival bow-front townhouse, part of a distinguished row developed under a restrictive covenant to ensure elegance and uniformity along West 16th Street. With its finely detailed stone entrance and broad facade, it remains remarkably intact. Designated a New York City Landmark in 1990, it endures as one of the few surviving examples of the neighborhood’s early residential development west of Union Square. Distinguished by its width, history, and location, 7 West 16th Street is one of the city's rare townhouse offerings—now attractively priced at $10,500,000.

FOR SALE DETAILS

PRICE

$9,999,999 USD

PRICE/SF

$1,176 USD /SF

# OF UNITS

8

PRICE/UNIT

$1,250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C6-2M

APN/PARCEL ID

0818-0035

ASK ABOUT THIS PROPERTY

Peter ComitiniCorcoran GroupMore Info
212-444-7844

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Peter ComitiniCorcoran GroupMore Info
212-444-7844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.