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Split-Bedroom Residential Income Property

16 W 16th Street 4-VN, Manhattan, NY 10011

For Sale
$1,475,000

The home pairs a separate dining area with a wet bar and beverage refrigerators for added entertaining space.

Property Size1,250 SF
Days on Market11

Property Features for 16 W 16th Street 4-VN

General Information

Standard status Active
Size 1,250 SF
Property subtype Apartment

Units

Unit Mix 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour door staff
live-in superintendent
on-site resident manager
laundry rooms
storage rooms
bike rooms
attached parking garage
landscaped viewing garden

Building Details

Building Size 1,250 SF
Year Built 1960
Listing Agency: Bohemia Realty Group LLC
Listed By: SARAH SALTZBERG
Source: Tricialee
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 11:52AM

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 Bohemia Realty Group LLC

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Investment Insights

Based on property information with market context.

This 1,250-square-foot, two-bedroom, two-bathroom residence at 16 W 16th Street has a split-bedroom arrangement, a large living area, and a separate dining room. The kitchen adjoins the dining area, while a custom wet bar includes a wine refrigerator and a second beverage refrigerator. Other interior features include a walk-in closet, additional closet space, and refinished oak flooring. The building was completed in 1960 and operates as a full-service cooperative, with 24-hour door staff, a live-in superintendent, an on-site resident manager, laundry rooms in both towers, storage and bike rooms, and an attached garage operated by a third party.

A landscaped viewing garden links the building’s North and South towers. Madison Square Park, Union Square, restaurants, cafes, and shops in Flatiron, Chelsea, Greenwich Village, and the West Village are identified nearby. Transit options include the F, M, 4, 5, 6, N, Q, R, and L trains, as well as PATH service.

Co-purchasing, guarantors, parent purchases for working children, and pieds-à-terre are permitted subject to board approval. Subletting is allowed after five years of ownership and residency, for up to four years.

Key Highlights

  • 1,250‑square‑foot residence with two bedrooms and two bathrooms
  • Split‑bedroom floor plan with a walk‑in closet
  • Separate dining area and living space

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 home pairs a separate dining area with a wet bar and beverage refrigerators for added entertaining space.
Where is this residential income property located?
The property is located at 16 W 16th Street 4-VN Manhattan, NY.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 1,250‑square‑foot residence with two bedrooms and two bathrooms; Split‑bedroom floor plan with a walk‑in closet; Separate dining area and living space
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