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.