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Alcove Studio Co-op Apartment

16 W 16TH Street 2BN, Manhattan, NY 10011

For Sale
New
$685,000

Custom cabinetry, built-in shelving, and a separate kitchen shape a flexible interior.

Property Size550 SF
Price / SF$1,245
Days on Market6

Property Features for 16 W 16TH Street 2BN

General Information

Standard status Active
Size 550 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x alcove studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
onsite superintendent and resident manager
smart laundry facilities
laundry room
bike room and caged storage
pet-friendly

Building Details

Building Size 550 SF
Year Built 1964
Listing Agency: Christies International Real Estate New York
Listed By: Alan H Levy
Source: Howardhannanyc
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:18PM

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 Christies International Real Estate New York

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Investment Insights

Based on property information with market context.

This 550-square-foot co-op residence is configured as an alcove studio, with room to arrange distinct sleeping, work, and living areas. Custom bookcases and cabinetry complement three large closets. The kitchen is separate, and the bathroom has been updated. The building, completed in 1964, has a 24-hour doorman, resident management, multiple elevators, a basement laundry room, an on-site parking garage, bike storage, and caged storage. Pets require board approval; subletting is permitted after five years of residency, subject to board approval, for up to four years.

The home is one block from Union Square and near the Greenmarket, grocery stores, restaurants, cafés, and shops. Nearby subway service includes the 4, 5, 6, N, R, Q, W, L, F, M, 1, 2, and 3 lines.

Key Highlights

  • 550‑square‑foot alcove studio in a cooperative building
  • Custom bookcases and cabinetry, plus three large closets
  • Separate kitchen and updated bathroom

Property Analytics

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

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Custom cabinetry, built-in shelving, and a separate kitchen shape a flexible interior.
Where is this residential income property located?
The property is located at 16 W 16TH Street 2BN Manhattan, NY.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 550‑square‑foot alcove studio in a cooperative building; Custom bookcases and cabinetry, plus three large closets; Separate kitchen and updated bathroom
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