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Greek Revival Townhouse Income Property

7 West 16th Street Manhattan, NY 10011

7 West 16th Street, Manhattan, NY, 10011
$10,500,000
For Sale
$10,500,000

Built circa 1846, this landmark townhouse is currently configured as eight apartments with original interior details.

Property Size8,500 SF
Price / SF$1,235
Days on Market316

Property Features for 7 West 16th Street

General Information

Standard status
Active
Size
8,500 SF
Property subtype
Mixed Use

Building Details

Year Built
1925
Listing agency Corcoran Group
Listed by Peter Comitini · License #30CO0971511
Source Compass
Added: Sep 11, 2025 Updated: Jul 22 at 7:15PM Checked: Jul 22 at 7:15PM

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 Corcoran Group


Investment Insights

Based on property information with market context.

Built circa 1846, this rare Greek Revival bow-front townhouse was designated a New York City Landmark in 1990 and remains notably intact. The building is approximately 33 feet wide and totals about 8,500 square feet, currently arranged as eight apartments. Interior features include a spiral staircase, a parlor-floor entry with high ceilings, ornate mantles, and decorative plasterwork.

The property is described as having flexible as-of-right zoning that allows for residential, commercial, mixed-use, or institutional purposes. It also includes approximately 9,350 square feet of air rights, subject to DOB and LPC approvals.

As a result of its historic preservation and adaptable use options, the building is positioned for investors seeking current income alongside multiple potential paths for future adaptation, subject to approvals and applicable requirements.

Key Highlights

  • Approximately 33‑foot‑wide Flatiron townhouse with about 8,500 SF and original interior details
  • Currently configured as 8 apartments, offering immediate rental income
  • Landmark designation: New York City Landmark since 1990, preserving the building’s historic character

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Nursing Home Auto Parts Store Nursing Home Auto Repair Shop Buffet Adult Day Care Pet Grooming Service Clothing & Fashion Store Locksmith (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Built circa 1846, this landmark townhouse is currently configured as eight apartments with original interior details.
Where is this apartment building located?
The property is located at 7 West 16th Street Manhattan, NY.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Approximately 33‑foot‑wide Flatiron townhouse with about 8,500 SF and original interior details; Currently configured as 8 apartments, offering immediate rental income; Landmark designation: New York City Landmark since 1990, preserving the building’s historic character
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