Modern Residential Income
16 W 40th Street 16B, Manhattan, NY 10018
For Sale
$1,990,000
Contemporary residence with custom millwork, refined marble finishes, and an eat-in kitchen with integrated appliances.
Property Size1,088 SF
Price / SF$1,829
Days on Market54
Property Features for 16 W 40th Street 16B
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Esteban Gomez · License #10401245093
(646) 934-2776
Source:
Miradorrealestate
Added: Sep 15
Changed: Nov 4
Last Checked: Nov 6 at 3:38PM
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 Compass
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Investment Insights
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This 1,088-square-foot residential income property was built in 2017 and presents a highly finished contemporary interior. Nine floor-to-ceiling windows bring natural light into the residence, while radiant-heated white oak herringbone flooring, terrazzo detailing, custom closets, concealed storage, and central air conditioning add to the specification. The living room has corner exposure and 9'4" ceilings. A windowed eat-in kitchen includes Henrybuilt white oak cabinetry, Gaggenau appliances, a vented hood, four-burner cooktop, and Statuarietto marble work surfaces.
The primary bedroom provides a king-sized layout with wool wallcoverings, custom steel-and-glass doors, fitted storage, and designer lighting. The bathroom features full-height Statuarietto marble, honed terrazzo flooring, a wet room with Dornbracht fixtures, and a double vanity. The residence is adjacent to Bryant Park, with open views toward the New York Public Library, Fifth Avenue, greenery, and the Manhattan skyline.
The primary bedroom provides a king-sized layout with wool wallcoverings, custom steel-and-glass doors, fitted storage, and designer lighting. The bathroom features full-height Statuarietto marble, honed terrazzo flooring, a wet room with Dornbracht fixtures, and a double vanity. The residence is adjacent to Bryant Park, with open views toward the New York Public Library, Fifth Avenue, greenery, and the Manhattan skyline.
Key Highlights
- 1,088‑square‑foot residential income property built in 2017
- Nine floor‑to‑ceiling windows with open views toward Bryant Park and the Manhattan skyline
- Corner living room with 9'4" ceilings and radiant‑heated herringbone oak flooring
Location Intelligence
Trade Area within ½ mile
91,796
Businesses Nearby
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Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Contemporary residence with custom millwork, refined marble finishes, and an eat-in kitchen with integrated appliances.
Where is this residential income property located?
The property is located at 16 W 40th Street 16B Manhattan, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 1,088‑square‑foot residential income property built in 2017; Nine floor‑to‑ceiling windows with open views toward Bryant Park and the Manhattan skyline; Corner living room with 9'4" ceilings and radiant‑heated herringbone oak flooring
