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Studio Residential Income Property

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

For Sale
$515,000

The studio has a separate kitchen and dining area, with built-in cabinetry and three closets for storage.

Property SizeContact for details
Days on Market8

Property Features for 16 W 16TH Street 2KS

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
on-site superintendent
resident manager
smart laundry facilities
laundry in basement
on-site parking garage
bike room
caged storage

Building Details

Year Built 1964
Listing Agency: Christies International Real Estate New York
Listed By: Alan H Levy
Source: Nobleblackandpartners
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 11:24AM

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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This studio apartment includes a separate kitchen and dining area, a bathroom, three closets, and built-in cabinetry with shelving and drawers. The built-ins may be removed. The home overlooks trees and landscaped gardens. The building, completed in 1964, has a 24-hour doorman, multiple passenger and service elevators, an on-site superintendent and resident manager, and basement laundry; in-unit washer and dryer installation is not permitted.

The property is one block from Union Square and near Fifth Avenue. Nearby destinations include the Union Square Greenmarket, Trader Joe’s, Whole Foods, restaurants, cafés, shops, and retail. Subway service in the area includes the 4, 5, 6, N, R, Q, W, L, F, M, 1, 2, and 3 lines.

Additional building amenities include an on-site parking garage, bike room, and caged storage. Pets are permitted with board approval. Pied-à-terres are welcome, and subletting is permitted after five years of residency for up to four years, subject to board approval.

Key Highlights

  • Studio layout with a separate kitchen and dining area
  • Three closets plus built‑in cabinetry, shelving, and drawers
  • Building dates to 1964 and has a 24‑hour doorman

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 - The studio has a separate kitchen and dining area, with built-in cabinetry and three closets for storage.
Where is this residential income property located?
The property is located at 16 W 16TH Street 2KS Manhattan, NY.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Studio layout with a separate kitchen and dining area; Three closets plus built‑in cabinetry, shelving, and drawers; Building dates to 1964 and has a 24‑hour doorman
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