305 W 16TH Street #2C
About This Property
Apartment features include bamboo floors; an open kitchen with Caesarstone countertops, a range, Bosch cooktop and microwave, custom Italian-made Cerused Wenge cabinetry; and an in-unit Bosch washer/dryer. The ample bedroom has a walk-in closet and the bathroom includes a custom Italian-made master vanity, Grohe fixtures and Roca tile. A basement storage unit and bike storage are included in the sale.
In addition to a 24-hour doorman, 305W16 has a fitness room, full-time super and a beautifully planted common roof deck with incredible Empire State Building views and a 34-foot daisy sculpture installation. The building allows unlimited subletting, co-purchasing, pieds-a-terre and pets. Close to major transportation, 305W16 is at the crossroads of Chelsea, the Meatpacking District, the West Village, and is close to Chelsea Market, the High Line, galleries, great boutique stores and restaurants.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2026
|
1 Bed
|
1 Bath
|
777 ft²
|
$1,200,000
1 Bed
1 Bath
777 ft²
|
-
-
|
Rick Kelly
Elliman
| |
|
03/19/2026
|
1 Bed
|
1 Bath
|
557 ft²
|
$899,999
1 Bed
1 Bath
557 ft²
|
$875,000
-2.78%
07/16/2026
|
Marina Drapey
Digs Realty Group LLC
| |
|
03/11/2026
|
2 Bed
|
2 Bath
|
75271 ft²
|
$2,395,000
2 Bed
2 Bath
75271 ft²
|
$2,150,000
-10.23%
08/27/2026
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
01/15/2026
|
2 Bed
|
2 Bath
|
75271 ft²
|
$1,549,000
2 Bed
2 Bath
75271 ft²
|
$1,500,000
-3.16%
06/08/2026
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
06/22/2025
|
3 Bed
|
2 Bath
|
-
|
$2,500,000
3 Bed
2 Bath
|
$2,400,000
-4.00%
04/14/2026
|
Dogan Baruh
Compass
| |
|
09/12/2024
|
2 Bed
|
2 Bath
|
1001 ft²
|
$1,850,000
2 Bed
2 Bath
1001 ft²
|
$1,810,000
-2.16%
04/30/2025
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
09/07/2023
|
2 Bed
|
2 Bath
|
1004 ft²
|
$1,500,000
2 Bed
2 Bath
1004 ft²
|
$1,500,000
04/30/2024
|
Meurkens Miranda
Brown Harris Stevens Residential Sales LLC
| |
|
10/20/2022
|
Studio
|
1 Bath
|
454 ft²
|
$690,000
Studio
1 Bath
454 ft²
|
$690,000
05/23/2024
|
Danielle Nazinitsky
Compass
| |
|
03/25/2022
|
Studio
|
1 Bath
|
438 ft²
|
$699,000
Studio
1 Bath
438 ft²
|
$699,000
10/17/2022
|
Michael Hsu
Winzone Realty Inc
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
557 ft²
|
$925,000
1 Bed
1 Bath
557 ft²
|
$925,000
01/13/2022
|
Geovanna Lim
PAIP
| |
|
09/24/2021
|
1 Bed
|
1 Bath
|
663 ft²
|
$1,349,000
1 Bed
1 Bath
663 ft²
|
$1,150,000
-14.75%
04/06/2022
|
Jordan Shea
Prudential Douglas Elliman Real Estate
| |
|
09/07/2021
|
1 Bed
|
1 Bath
|
557 ft²
|
$1,200,000
1 Bed
1 Bath
557 ft²
|
$1,100,000
-8.33%
04/01/2022
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
07/08/2021
|
1 Bed
|
1 Bath
|
692 ft²
|
-
1 Bed
1 Bath
692 ft²
|
$1,120,000
10/19/2021
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
04/16/2021
|
Studio
|
1 Bath
|
464 ft²
|
$725,000
Studio
1 Bath
464 ft²
|
$725,000
08/30/2021
|
Maggie Moore
CORE Group Marketing LLC
| |
|
04/13/2021
|
1 Bed
|
1 Bath
|
-
|
$1,615,000
1 Bed
1 Bath
|
$1,015,000
-37.15%
07/27/2012
|
Collin Bond
Elliman
| |
|
06/16/2020
|
2 Bed
|
2 Bath
|
978 ft²
|
$1,480,000
2 Bed
2 Bath
978 ft²
|
$1,295,000
-12.50%
06/01/2012
|
William Herbst
Compass
| |
|
02/25/2019
|
1 Bed
|
1 Bath
|
653 ft²
|
$999,000
1 Bed
1 Bath
653 ft²
|
$999,000
05/29/2019
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
02/15/2018
|
1 Bed
|
1 Bath
|
-
|
$1,475,000
1 Bed
1 Bath
|
-
-
|
Chris Poore
Sotheby's International Realty, Inc.
| |
|
12/07/2017
|
1 Bed
|
1 Bath
|
689 ft²
|
$1,100,000
1 Bed
1 Bath
689 ft²
|
$1,100,000
02/22/2019
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
11/16/2017
|
1 Bed
|
1 Bath
|
663 ft²
|
$1,295,000
1 Bed
1 Bath
663 ft²
|
$1,225,000
-5.41%
06/27/2018
|
Maggie Moore
CORE Group Marketing LLC
| |
|
11/16/2017
|
1 Bed
|
1 Bath
|
663 ft²
|
$1,595,000
1 Bed
1 Bath
663 ft²
|
$1,430,000
-10.34%
03/29/2018
|
Maggie Moore
CORE Group Marketing LLC
| |
|
04/14/2017
|
2 Bed
|
-
|
978 ft²
|
$1,999,999
2 Bed
-
978 ft²
|
$1,999,999
09/13/2017
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
02/17/2017
|
1 Bed
|
1 Bath
|
771 ft²
|
$1,620,000
1 Bed
1 Bath
771 ft²
|
-
-
|
Sonia Christian-Bendt
Berkshire Hathaway HomeServices New York Properties
| |
|
09/27/2016
|
2 Bed
|
2 Bath
|
-
|
$2,275,000
2 Bed
2 Bath
|
-
-
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
09/15/2016
|
2 Bed
|
2 Bath
|
1004 ft²
|
$2,300,000
2 Bed
2 Bath
1004 ft²
|
$2,100,000
-8.70%
08/14/2017
|
Hui Milligan
Douglas Elliman Real Estate
| |
|
12/08/2015
|
Studio
|
1 Bath
|
-
|
$799,000
Studio
1 Bath
|
$799,000
02/05/2021
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
11/06/2015
|
2 Bed
|
2 Bath
|
-
|
$2,100,000
2 Bed
2 Bath
|
$2,100,000
03/30/2016
|
Maggie Moore
CORE Group Marketing LLC
| |
|
08/31/2015
|
1 Bed
|
1 Bath
|
-
|
$1,050,000
1 Bed
1 Bath
|
$1,050,000
03/02/2016
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
06/18/2015
|
2 Bed
|
2 Bath
|
-
|
$1,925,000
2 Bed
2 Bath
|
$1,925,000
06/17/2016
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
03/04/2015
|
1 Bed
|
1 Bath
|
626 ft²
|
$1,138,000
1 Bed
1 Bath
626 ft²
|
-
-
|
Shely Vitenshtein
Metropolitan Property Group Inc
| |
|
11/11/2014
|
1 Bed
|
1 Bath
|
-
|
$1,095,000
1 Bed
1 Bath
|
$1,035,000
-5.48%
02/05/2021
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
10/08/2014
|
1 Bed
|
1 Bath
|
626 ft²
|
$1,065,000
1 Bed
1 Bath
626 ft²
|
$1,050,000
-1.41%
02/02/2015
|
Stuart Sussman
Prudential Douglas Elliman Real Estate
| |
|
09/11/2014
|
1 Bed
|
1 Bath
|
692 ft²
|
$1,215,000
1 Bed
1 Bath
692 ft²
|
$1,215,000
02/09/2015
|
Gabriella Winter
Corcoran Group
| |
|
06/10/2014
|
1 Bed
|
1 Bath
|
-
|
$1,495,000
1 Bed
1 Bath
|
$1,445,000
-3.34%
02/05/2021
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
05/09/2014
|
1 Bed
|
1 Bath
|
557 ft²
|
$999,999
1 Bed
1 Bath
557 ft²
|
$995,000
-0.50%
02/05/2021
|
Kelly M. Killian
Bond Property Mrkting Grp LLC
| |
|
04/29/2014
|
2 Bed
|
2 Bath
|
972 ft²
|
$1,975,000
2 Bed
2 Bath
972 ft²
|
-
-
|
John A Herbst
Prudential Douglas Elliman Real Estate
| |
|
04/03/2014
|
1 Bed
|
1 Bath
|
771 ft²
|
$1,495,000
1 Bed
1 Bath
771 ft²
|
$1,495,000
05/01/2014
|
Jared Taylor
Keller Williams NYC
| |
|
03/19/2014
|
1 Bed
|
-
|
-
|
$1,285,000
1 Bed
-
|
$1,285,000
08/20/2014
|
Stuart Sussman
Prudential Douglas Elliman Real Estate
| |
|
02/28/2014
|
1 Bed
|
1 Bath
|
659 ft²
|
$1,325,000
1 Bed
1 Bath
659 ft²
|
$1,360,000
+2.64%
02/05/2021
|
Maggie Moore
CORE Group Marketing LLC
| |
|
12/17/2013
|
2 Bed
|
2 Bath
|
1064 ft²
|
$2,750,000
2 Bed
2 Bath
1064 ft²
|
-
-
|
Aaron J. Rein
Rieber Realty Inc
| |
|
10/23/2013
|
1 Bed
|
1 Bath
|
-
|
$1,225,000
1 Bed
1 Bath
|
$1,225,000
10/22/2014
|
Patrick Mills
CORE Group Marketing, LLC
| |
|
10/17/2013
|
Studio
|
1 Bath
|
454 ft²
|
$710,000
Studio
1 Bath
454 ft²
|
$710,000
01/06/2014
|
Michael Rubin
Compass
| |
|
09/17/2013
|
2 Bed
|
2 Bath
|
978 ft²
|
$1,995,000
2 Bed
2 Bath
978 ft²
|
-
-
|
Tytus Ciechorski
Charles Rutenberg, LLC
| |
|
07/31/2013
|
3 Bed
|
3 Bath
|
-
|
$3,000,000
3 Bed
3 Bath
|
$3,000,000
02/05/2021
|
Maggie Moore
CORE Group Marketing LLC
| |
|
06/21/2013
|
1 Bed
|
-
|
689 ft²
|
$850,000
1 Bed
-
689 ft²
|
$850,000
12/15/2017
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
2 Bed
|
-
|
-
|
$1,395,000
2 Bed
-
|
$1,395,000
01/17/2018
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
2 Bed
|
-
|
972 ft²
|
$1,340,000
2 Bed
-
972 ft²
|
$1,340,000
12/15/2017
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
1 Bed
|
-
|
-
|
$785,000
1 Bed
-
|
$785,000
01/17/2018
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
2 Bed
|
-
|
1004 ft²
|
$1,325,000
2 Bed
-
1004 ft²
|
$1,325,000
12/15/2017
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
1 Bed
|
-
|
-
|
$850,000
1 Bed
-
|
$850,000
12/15/2017
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
Studio
|
-
|
-
|
$799,299
Studio
-
|
$799,299
12/15/2017
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
06/21/2013
|
1 Bed
|
-
|
-
|
$720,000
1 Bed
-
|
$720,000
01/17/2018
|
Maggie Moore
CORE Group Marketing LLC
| |
|
04/04/2013
|
2 Bed
|
2 Bath
|
972 ft²
|
$1,699,000
2 Bed
2 Bath
972 ft²
|
-
-
|
Lois Maffei
Prudential Douglas Elliman Real Estate
| |
|
03/17/2013
|
1 Bed
|
1 Bath
|
653 ft²
|
$1,095,000
1 Bed
1 Bath
653 ft²
|
$1,060,000
-3.20%
08/17/2013
|
Ricardo Mello
Charles Rutenberg, LLC
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$850,000
1 Bed
-
|
$850,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
2 Bed
|
-
|
-
|
$1,340,000
2 Bed
-
|
$1,340,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
Studio
|
-
|
-
|
$799,299
Studio
-
|
$799,299
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$850,000
1 Bed
-
|
$850,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
2 Bed
|
-
|
-
|
$1,325,000
2 Bed
-
|
$1,325,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$785,000
1 Bed
-
|
$785,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$720,000
1 Bed
-
|
$720,000
06/21/2013
|
Maggie Moore
CORE Group Marketing LLC
| |
|
11/30/-0001
|
3 Bed
|
3 Bath
|
-
|
$3,000,000
3 Bed
3 Bath
|
$3,000,000
10/01/2013
|
Maggie Moore
CORE Group Marketing LLC
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$1,395,000
2 Bed
2 Bath
|
$1,395,000
06/21/2013
|
Lawrence Treglia
Sotheby's International Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017