$12,500,000
Updated 9 years ago
Off Market

49 West 16th Street

Flatiron District, Manhattan | Fifth Ave & Ave of the Americas

20 Rooms11 Beds9.5 Baths6,538 Square FeetRental Property

$12,500,000
floors / apts5 / 4
Lot Size20'x92'
Built Size20'x63'
ZoneC6-2M
Building TypeTownhouse
RE Taxes$46,994
Price Per SF
$1,912

Listing Features

  • Central AC
  • Central Heat

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Second Entry
  • Stoop Entry
  • Storage

Property Description for 49 West 16th Street

Incredible User and/or Investor Townhouse Opportunity! TOWNHOUSE LIVING AT ITS FINEST! Maximize profit and minimize risk with this tremendously proportioned, well-appointed home. Rarely is there an offering like 49 West 16th Street with over 6,500 sqft + a full basement + over 4,000 sqft of additional FAR. Gutted to the studs and lovingly renovated this home offers the chance to live and collect tremendous income or rent out fully. There are 4 units with smart layouts and condo quality appliances by Viking, Sub-Zero and Wolf. Spa-like baths offer Carrera marble, steam showers and Jacuzzis. Charm abounds in classic exposed brick, decorative fireplaces, solid wood floors, central heat and AC, large washer-dryers, wine refrigerators and a video intercom system. There are three floor thru 2 bed/2 bath residences and a duplex owners unit with 4 beds, office, 3.5 baths, garden and separate 1 bed/1 bath suite. Other features include a private entrance, gas fireplace, and complete home automation system that can be operated from anywhere in the world.Property is located near every subway and close to the Highline, Union Square and Chelsea Market. This is the chance to enter the NYC multifamily real estate market and not lift a finger for construction while collecting an exceptional rent roll. The faade, ironwork and sidewalk are new along with all of the systems in the house including the plumbing and electrical. A full set-up is available upon request.

Building Details for 49 West 16th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

14 St
0.11 miles
6 Av
0.15 miles
14 St-Union Sq
0.25 miles
18 St
0.28 miles
23 St
0.33 miles

Citi Bike

E 16 St & 5 Ave
0.11 miles
W 18 St & 6 Ave
0.11 miles

Contact Agents

Contact Agents

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 24782TH