Check Availability
$10,750,000
House - For Sale

49 W 16th Street #TOWNHOUSE

New York, NY 10011
bedrooms
10 Beds
bathrooms
10 Baths, 1 Half Bath
$58,080
Estimated Monthly
$0
HOA / Fees
0.19%
Cap Rate

About This Property

RARE OPPORTUNITY | FLATIRON TOWNHOUSE | INVESTOR FRIENDLY49 West 16th Street is a 20-foot wide 5-unit Brownstone in the heart of the Flatiron District. The building is entirely free market units with the potential of a townhouse conversion. All of the apartments and buildings are in magnificent, renovated condition.The Parlor floor [pictures 3-6] is ideal for an end-user. Currently configured as a 3 bedroom, 2.5 bath duplex with an outdoor garden with the potential of being combined with unit A. It features exposed brick, soaring ceiling, custom light fixtures, hardwood floors throughout and central air. The beautiful chef's kitchen has a marble island, custom cabinetry, top-of-the-line Viking appliances & even a wine refrigerator. The expansive living room has a fireplace & formal dining area. The primary bedroom has a walk-in closet, en-suite bathroom and a Juliet balcony. The lower floor has 2 bedrooms along with an additional den, in unit washer/dryer, custom light fixtures, hardwood floors, central air, marble tiled bathrooms. There's even a video intercom and a 4 Control, 8-Zone Entertainment System w/ Speakers. There's also an in-unit washer/ dryer and private basement storage. Apartments #2, #3 and #4 [sample pictures 7-11] are all full floor lofts. Configured as a split 2 bedroom, 2 marble baths with 1,250sf each are extremely generous in size with well-proportioned rooms. The open kitchens also feature similar Viking appliances and fixtures. The lofts include formal dining areas along with in-unit washer dryers, abundant closet space, exposed brick, hardwood floors, central air. The primary bedroom's en-suite bathroom features a double vanity, rain shower. and a jacuzzi tub.Apartment A [picture 12] is a south-facing 1 bedroom which features bamboo floors, carrera marble tiled bathroom with rainfall shower-head, an open kitchen with granite countertops and dishwasher. It also has a private entrance shared with the parlor floor. Located on 16th Street between 5th & 6th Avenue, the building is situated in the nexus to the West Village, Chelsea, Union Square, Nomad and NoHo. It's steps to Whole Foods, Trader Joe's and all of downtown Manhattan's amenities it's best known for. Transportation couldn't be more convenient with the 1, 2, 3, F, M & L Subways just a few steps away.Lot Size: 20'x92'Building Size: 20x62.5'Total SF: 6,532Zoning: Cg-2MUnits: 5Taxes: $63,537/yearEMAIL FOR FLOOR PLANS & COMPLETE SET-UP
Unit Size
-
Days on Market
801 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$5,295
HOA Dues
-
Year Built
1925
Listed By
Last updated: 3 months ago (OneKey MLS #ONEH6179767)

Price History

Date / Event Date Event Price
Feb 26, 2024 Back on market -
Back on market
Jan 22, 2024 Temporarily off market -
Temporarily off market
Feb 18, 2022 Listed by Living New York $10,750,000
Listed by Living New York
Oct 19, 2007 Sold to 49 West 16th Street Llc $4,050,000
Sold to 49 West 16th Street Llc

Property Highlights

Parking Details
Parking Features: Other
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 9

Interior Information

Interior Features: Granite Counters, High Ceilings, Marble Bath
Appliances: Dishwasher, Stainless Steel Appliance(s)
Flooring Type: Hardwood

Room Information

Rooms: 20

Basement Information

Basement: See Remarks

Building Info

Overview

    General

  • Year Built: 1925
  • First Altered Year: 2008
  • Recent Altered Year: 2008
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 6
  • Residential Unit Count: 6
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,840
  • Lot Size Depth Feet: 92
  • Lot Size Frontage Feet: 20
  • Building Depth: 63
  • Building Frontage: 20
  • Gross Building Area: 6,538

    Building Floor Area

  • Residential Building Floor Area: 6,538

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 6
  • Commercial Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: C2
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 105
  • City Council District: 3
  • Police Precinct: 13
  • Fire Company: L003
  • Health Area: 5700
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C6-2M

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 818
  • Lot: 9
  • Borough Block Lot: 1008180009

    Address

  • Full Address: 49 West 16 Street
  • Zip Code: 10011

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,326,950
  • Assessed Land Value: $1,048,500

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
-
$10,750,000 Oct 8, 2020
$10,750,000 Dec 29, 2020
-
House
4 Beds
5 Baths
5,165 ft²
$2,129/ft²
$10,995,000 Jan 18, 2021
$10,995,000 May 27, 2021
-
House
Stu
-
-
$9,500,000 Aug 12, 2014
$9,500,000 Feb 6, 2015
-
Condo
4 Beds
5 Baths
4,535 ft²
$2,536/ft²
$11,500,000 Jul 13, 2022
$11,500,000 Oct 27, 2022
$10,028/mo
Condo
4 Beds
4.5 Baths
4,816 ft²
$2,159/ft²
$10,400,000 Feb 24, 2015
$10,400,000 Feb 5, 2021
$15,689/mo
Condo
3 Beds
4 Baths
2,847 ft²
$3,512/ft²
$9,999,999 Jul 25, 2022
$9,999,999 Aug 8, 2022
$11,484/mo
Townhouse
10 Beds
10 Baths
-
$11,450,000 Sep 10, 2023
-
$7,921/mo
Multifamily
9 Beds
5 Baths
-
$9,995,000 Sep 26, 2023
-
$8,214/mo
House
4 Beds
5 Baths
-
$10,995,000 Apr 25, 2023
-
-
Multifamily
9 Beds
5 Baths
-
$9,995,000 Sep 26, 2023
-
-
House
4 Beds
6 Baths
-
$12,000,000 Nov 13, 2023
-
$4,340/mo
Condo
3 Beds
4 Baths
-
$10,750,000 Jan 9, 2023
-
$9,742/mo

About Midtown Manhattan


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Frequently Asked Questions

When was property at 49 West 16th Street built and last sold?
The property at 49 West 16th Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 49 West 16th Street is $10,857,500.
What are some comparable homes to 49 West 16th Street?
Homes that are comparable to 49 West 16th Street include a townhouse property at 120 East 19th Street, a multifamily property at 36 West 11th Street, a house property at 735 Washington Street.

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