4 W 16th Street #9B

In Contract
 for Sale at 4 West 16th Street, New York, NY 10011

16

 for Sale at 4 West 16th Street, New York, NY 10011
 for Sale at 4 West 16th Street, New York, NY 10011
 for Sale at 4 West 16th Street, New York, NY 10011
$1,995,000
2
Beds
2
Baths
Half Bath
1,400
Ft²
$1,425
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
1.40%
Est. Monthly
$13,158
Welcome to this meticulously renovated loft with barreled ceilings perched above the vibrant Flatiron Landmark District, moments from Union Square, Chelsea, and Greenwich Village.Step into this boutique-scaled, pre-war building just off Fifth Avenue and discover a true gem - an Avroko-designed apartment that perfectly balances sophisticated design and refined living in downtown's most desirable and convenient neighborhood.

As you enter through the gracious foyer, be greeted by a massive living room and dining area, illuminated by southern and western exposures that provide wonderful light and an open feeling. The superb kitchen is expertly fitted with custom wood cabinetry, onyx counters, and A-grade appliances, seamlessly attached to the dining area, making it an entertainer...

Building Features

Facilities

Bike RoomStorage AvailableLaundry Room

Accessibility

Wheelchair AccessibleElevators

Laundry

Washer / Dryer Allowed

Building Style

PrewarDesignated Landmark

Home Features

HVAC

Central A/C

Laundry

Washer / Dryer in Unit

View

City View

Exposure

South ExposureEast ExposureWest Exposure

Price History

Date/EventEventPrice
Apr 28, 2023 In contractIn contract-
Mar 24, 2023 Listed by CompassListed by Compass$1,995,000
Dec 21, 2021 WithdrawnWithdrawn-
Sep 9, 2021 WithdrawnWithdrawn-
Aug 23, 2021 ListedListed$1,995,000
Jan 29, 2013 Listed by EllimanListed by Elliman$1,650,000
Jun 13, 2005 SoldSold$960,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$68,340
ExpensesPer Year
$40,344
Operating ProfitPer Year
$27,996
Cap rate
1.40%

Price Estimate

$2,378,000$2,036,477$1,694,954
20232024202520262027
Current Asking Price

$1,995,000

HopScore Market Price

$2,036,477

The current asking price is $41,477.23 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
2
2
1,095 ft²
$1,644/ft²
$1,800,000
$3,066/mo
Sold
Coop
2
2
1,350 ft²
$1,408/ft²
$1,900,502
$1,804/mo
Sold
Condo
2
2
1,095 ft²
$1,598/ft²
$1,750,000
$3,126/mo
Sold
Coop
2
2
1,300 ft²
$1,458/ft²
$1,895,000
$2,645/mo
Sold
Coop
2
2
1,300 ft²
$1,365/ft²
$1,775,000
$2,268/mo

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Building Info

4 West 16th Street4 West 16th Street, New York, NY 10011
  • 17 Units
More about this Building
4 West 16th Street
Want to find out who owns 4 West 16th Street, New York, NY 10011? Get detailed property transactions here .

Neighborhood

About Flatiron District

Stats & Trends

The median asking price in Flatiron District is $1,195,000.
  • Median Asking

    $1,195,000
  • Sale Price/ft²

    $1,588.29
  • Above Asking

    0.56%
  • Days on Market

    112

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2
1,400
$1,995,000
-/mo
Mar 24, 2023
In Contract
-
-
-
-
-
3
2
-
$2,195,000
$2,812/mo
Oct 1, 2021
Sold
Apr 28, 2022
209 days
$2,095,000
-4.56%
9B
2
2
1,400
$1,995,000
-/mo
Aug 23, 2021
-
-
-
-
-
-
5B
2
2
-
$1,950,000
$2,886/mo
Sep 14, 2020
-
-
-
-
-
5A
1
1
1,300
$1,695,000
$2,739/mo
Aug 30, 2020
-
-
-
-
-
5A
1
1
1,300
$1,895,000
-/mo
Nov 19, 2019
-
-
-
-
-
-
2
1
1,400
$1,700,000
$2,403/mo
May 20, 2018
Sold
May 7, 2019
352 days
$1,550,000
-8.82%
2A
1
1
1,300
$1,495,000
$2,193/mo
Feb 16, 2018
-
-
-
-
-
3
1
1,400
$1,700,000
-/mo
Oct 7, 2016
Expired
-
-
-
-
-
3
1
1,400
$1,650,000
-/mo
Jan 26, 2016
Expired
-
-
-
-
-

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Unit #9B, 4 West 16th Street, New York, NY 10011


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