$17,500,000
Updated 6 years ago
Off Market

2 West 16th Street

Flatiron District, Manhattan | Fifth Ave & Sixth Ave

12,452 Square FeetIncome Property

$17,500,000
floors / apts5 / 13
Lot Size35'x108'6"
Built Size35'x75'
ZoneC6-4M
Building TypeTownhouse
RE Taxes$118,085
Price Per SF
$1,405

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Outdoor Parking
  • Stoop Entry

Property Description for 2 West 16th Street

Originally built in 1852, this 35’ wide property is comprised of a 5-story mansion with a 2-story extension and a carriage house. The mansion features ceiling heights of 15’- 16’ on the parlor floor, significant original detail, and tremendous light and air. The property is currently split into 13 apartments all of which are being leased on a short-term basis. It has a projected annual cash flow in excess of $500,000 per year offering an excellent live-invest residence. Alternatively, this represents an extremely rare opportunity to acquire one of the most unique single family conversion mansions in all of Manhattan.

Listing History for 2 West 16th Street

Now
11/19/2015
POM by James P. Nelson
Cushman & Wakefield
03/11/2015
$17,500,000
Initial Price by James P. Nelson
Cushman & Wakefield

Building Details for 2 West 16th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1852
Floors/Apts5/13
Learn More About the Building

Transit and Citi Bike

Subway

14 St-Union Sq
0.17 miles
14 St
0.17 miles
6 Av
0.19 miles
23 St
0.34 miles
18 St
0.36 miles

Citi Bike

E 16 St & 5 Ave
0.04 miles
E 15 St & 5 Ave
0.05 miles

Contact Agents

Contact Agents

James Nelson
Cushman & Wakefield
Caroline Hannigan
Cushman & Wakefield
John Ciraulo
Cushman & Wakefield
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: 25026TH