Property profile

16 W 16Th St 10FS New York, NY 10011

FOR SALE
Apartment buildings
Property ID
US63-Q014470
Built 1964
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Property summary

AI-generated overview

Back on the market! Welcome to Apartment 10FS at The Chelsea Lane—a pin-drop quiet, oversized studio overlooking a lush courtyard in the heart of Flatiron/Chelsea, just off Fifth Avenue and one block from Union Square. Freshly painted and move-in ready, the north-facing home is extremely functional and has plenty of closet space, and a long layout that can accomodate your sleeping, entertaining, and dining furniture. The kitchen wall can easily be opened up if you wanted to add a breakfast bar. The Chelsea Lane is a coveted full-service co-op featuring a 24-hour doorman, live-in superintendent, remodeled lobby, tech-friendly laundry room, and a beautifully landscaped viewing-courtyard. Pied-à-terres, co-purchasing, gifting, and parents buying for children are allowed, and pets are welcome upon board approval. Located near multiple subway lines, Union Square Park, Trader Joe’s, Whole Foods, and countless dining options, it offers unmatched convenience for an unbeatable downtown lifestyle. bikeScore: 96, Biker's Paradise walkScore: 100, Walker's Paradise transitScore: 100, Rider's Paradise

Property profile

Verified
Property type Apartment buildings
Year built 1964
UPID US63-Q014470

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician

Location

16 W 16Th St, Unit 10FS New York, NY 10011
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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