6 months on rocket

7 W 16th St, New York City, NY, 10011

$14,999,950

11 Bedrooms
7 Full Baths
Townhouse
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1846
ViewOther
MLS #RPLU-33422737605
StatusActive

About 7 W 16th St

This historic townhouse is a distinctive reminder of when this section of Manhattan was a fashionable neighborhood of handsome residences. Remarkably intact, this house has maintained its original character and is being offered as unique redevelopment opportunity. It is built to the full-width of a unusually wide 33' X 92' lot. Reimagine it as an elegant trophy mansion or as a condominium conversion. It can be mixed-use, commercial, or residential as-of-right; making it equally ideal for a corporate or foundation headquarters, medical offices, or other institutional uses. It is offered complete with exquisite original details, measuring 33' X 64' and approximately 9200 Sq Ft as-built. with almost 9350 Sq. Ft. of additional air-rights to expand the property or which may be transferred to another parcel in the area, with the approval of the NYC DOB and Landmarks Preservation Commission. Perfectly located at the nexus of Chelsea, the Village, and Flatiron, it is currently configured as an eight-family, income producing property. Owner can deliver vacant and all reasonable offers will be considered. Contact us to learn more about this unique opportunity.<br><br><br>

Property Details

Property Features

Property Information:

  • Year Built: 1846

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Peter Comitini
  • Agent Phone: (917) 439-3856

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,999,950
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

7 W 16th St vs New York

199 DAYS ON ROCKET

+103 Days

$14,999,950

+$14.1M More

KEY TAKEAWAY

This property is $14.1M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422737605

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Peter Comitini
  • Agent Phone: (917) 439-3856

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/7/2024, 12:56:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$74.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$45K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7259162
9
/10
  • PS 41 Greenwich Village

  • 116 W 11th St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-7259163
9
/10
  • Success Academy Charter School-Union Square

  • 40 Irving Pl

  • 0.38 miles

  • Public Charter Grades KG-1

school-card-donut-7259164
7
/10
  • PS 11 William T Harris

  • 320 W 21st St

  • 0.61 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,684. Most New York, NY residents have annual incomes $200k+. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 W 16th St

What is the listing price of this property?

The listing price of 7 W 16th St property is $14,999,950.

What type of property is this?

The property 7 W 16th St is a townhouse located in New York City, New York, 10011.

Is this property for sale now?

Active Listing: 7 W 16th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7 W 16th St has 11 bedrooms and 7 bathrooms.

Which year was this property built?

The year of construction for 7 W 16th St is 1846.
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Rocket HomesNew YorkNew York100117 W 16th St

This home is located at 7 W 16th St in New York City, NY and zip code 10011 in the The Flatiron District neighborhood. This home was built in 1846. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $14,999,950.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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