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Modern Residential Income Property
New
For Sale
$1,990,000

16 W 40th Street 16B, New York City, NY 10018

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 Market4

Property Features for 16 W 40th Street 16B

General Information

Standard status Active
Size 1,088 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $19,596

Building Details

Building Size 1,088 SF
Year Built 2017
Listing Agency: Compass
Listed By: Esteban Gomez · License #10401245093
Source: Miradorrealestate
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 16 at 2:54PM

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

Investment Insights

Based on property information with market context.

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.

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

Property Analytics

Current Use

Cristina R. De ... Medical Clinic POPIN Corporate Office Quintessential Wines Specialty Food Shop Positive Psychology Associates ... Physician Wall Street Share ... Coworking & Hybrid Office

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Buffet Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

91,796
Businesses Nearby

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
Rey
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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 New York City, 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
More about this property
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