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One-Bedroom Residential Income Property
For Sale
$799,000

16 W 16TH Street 2AS, New York City, NY 10011

Apartment with a separate kitchen, south-facing windows, original hardwood floors, and extensive closet storage.

Property SizeContact for details
Days on Market142

Property Features for 16 W 16TH Street 2AS

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
live-in super
on-site management
round-the-clock maintenance
laundry
storage
bike room
garage

Building Details

Year Built 1964
Listing Agency: Douglas Elliman Real Estate
Listed By: Dennis J Margulies · License #30MA0715807
Source: Philipscheinfeld
Added: Mar 23 Changed: Aug 10 Last Checked: Aug 10 at 9:40AM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

Apartment 2AS at The Chelsea Lane is a one-bedroom, one-bathroom residence with a practical layout and original hardwood floors. A wide foyer provides room for dining or a home office, while the separate kitchen, living area, and bedroom offer distinct spaces for daily use. South-facing exposures and wide windows bring natural light into the apartment. Storage includes a bedroom closet with room for a second, along with three additional large closets throughout the living space.

The Chelsea Lane, located at 16 West 16th Street, was built in 1964 and provides a 24-hour doorman, live-in superintendent, on-site management, and 24-hour maintenance staff. Building amenities on the lower level include laundry, storage, a bike room, and a garage. The property is in New York City's Flatiron district, near the Union Square Farmers Market, restaurants, shopping, and major public transportation.

Key Highlights

  • One‑bedroom, one‑bathroom apartment at The Chelsea Lane
  • South‑facing exposures with wide windows
  • Original hardwood floors

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Apartment with a separate kitchen, south-facing windows, original hardwood floors, and extensive closet storage.
Where is this residential income property located?
The property is located at 16 W 16TH Street 2AS New York City, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom apartment at The Chelsea Lane; South‑facing exposures with wide windows; Original hardwood floors
More about this property
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