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Renovated Alcove Studio Property
For Sale
$659,000

16 W 16th Street 11NS, New York City, NY 10011

Open kitchen, three closets, and building services support a practical residential layout in New York City.

Property SizeContact for details
Days on Market313

Property Features for 16 W 16th Street 11NS

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x alcove studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
live-in super
bike room
laundry
garage
storage
newly renovated lobby
newly renovated hallways
stainless steel appliances
dishwasher
granite countertops
generous cabinet space
three large closets

Building Details

Year Built 1964
Listing Agency: Yoreevo LLC
Listed By: James McGrath
Source: Miradorrealestate
Added: Oct 17, 2025 Changed: Aug 23 Last Checked: Aug 24 at 3:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yoreevo LLC

Investment Insights

Based on property information with market context.

This residential income property is configured as a renovated alcove studio at 16 W 16th Street in New York City. The open kitchen includes stainless steel appliances, a dishwasher, granite countertops, and substantial cabinet storage. The sleeping area accommodates a queen bed with nightstands, while three large closets provide storage throughout the apartment.

Chelsea Lane provides a 24-hour doorman, live-in superintendent, bike room, monitored laundry, garage access through the building, and storage. The lobby and hallways have been renovated. Guarantors, gifting, co-purchasing, and pied-a-terres are permitted subject to board approval. Subletting is allowed for up to four years after a five-year minimum occupancy period. The property was built in 1964 and is near multiple subway lines, PATH trains, Whole Foods, Trader Joe’s, Union Square, Flatiron, and Greenwich Village.

Key Highlights

  • Renovated alcove studio with open kitchen and stainless steel appliances
  • Granite countertops, dishwasher, generous cabinetry, and three large closets
  • 24‑hour doorman and live‑in superintendent at Chelsea Lane

Property Analytics

Current Use

Magazine Perfect You, ... Photography Service Cohrssen A. Medical Clinic Dr. Francesco Leanza, ... Pediatrician Calman Neil S ... Pediatrician Dr German H ... Pediatrician

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Buffet Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

51,396
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Open kitchen, three closets, and building services support a practical residential layout in New York City.
Where is this residential income property located?
The property is located at 16 W 16th Street 11NS New York City, NY.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Renovated alcove studio with open kitchen and stainless steel appliances; Granite countertops, dishwasher, generous cabinetry, and three large closets; 24‑hour doorman and live‑in superintendent at Chelsea Lane
More about this property
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