Renovated Residential Income
For Sale
$749,000
16 W 16TH Street 9LS, New York City, NY 10011
Alcove studio with custom storage, an open kitchen, and full-service building operations in Manhattan’s Flatiron area.
Property SizeContact for details
Days on Market160
Property Features for 16 W 16TH Street 9LS
General Information
Standard status
Active
Property subtype
Apartment
Building Details
Year Built
1964
Listing Agency:
Douglas Elliman Real Estate
(212) 645-4040
Listed By:
Dennis J Margulies · License #30MA0715807
(212) 645-4040
Source:
Nobleblackandpartners
Added: Mar 4
Changed: Aug 5
Last Checked: Aug 10 at 9:55AM
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.
This residential income property is an oversized alcove studio in The Chelsea Lane, a 1964 building at 16 West 16th Street. The renovated interior includes an open kitchen with stainless steel appliances, custom cabinetry, and a large island. A queen-sized bed fits within the sleeping alcove, while four customized closets and built-in cabinetry add substantial storage. The apartment also features a marble-and-chrome bathroom, expansive living space, and oversized windows with open exposures.
Building services include a staffed lobby, 24-hour doorman, live-in superintendent, on-site managing agent, and 24-hour coverage from handymen and porters. Laundry is available on the lower level. The property is near the Union Square Farmers Market, lower Fifth Avenue, Flatiron restaurants, shopping, and major Manhattan public transportation.
Building services include a staffed lobby, 24-hour doorman, live-in superintendent, on-site managing agent, and 24-hour coverage from handymen and porters. Laundry is available on the lower level. The property is near the Union Square Farmers Market, lower Fifth Avenue, Flatiron restaurants, shopping, and major Manhattan public transportation.
Key Highlights
- Oversized alcove studio with flexible living, dining, and work areas
- Renovated open kitchen with stainless steel appliances, custom cabinetry, and island
- Four customized closets plus built‑in cabinetry
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
51,396
Businesses Nearby
Explore this area
Business Placement
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 - Alcove studio with custom storage, an open kitchen, and full-service building operations in Manhattan’s Flatiron area.
Where is this residential income property located?
The property is located at 16 W 16TH Street 9LS New York City, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Oversized alcove studio with flexible living, dining, and work areas; Renovated open kitchen with stainless steel appliances, custom cabinetry, and island; Four customized closets plus built‑in cabinetry
