2 W 16th St | New York, NY 10011
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- LoopNet Team
2 W 16th St
New York, NY 10011
Multifamily Property For Sale
·
13 Units
Investment Highlights
- 100% Free-market Uncapped rental upside and potential conversion into a single-family mansion
- Incredible Value-Add Potential The historic estate maintains its original allure, staying unaltered and currently renting below market prices
- Outstanding Flatiron District Location Situated in one of Manhattan’s most sought-after residential neighborhoods
- Unparalleled Transportation Access A few minutes walk from 4, 5, 6, L, N, R, Q, W, F, M, 1, 2 & 3
- Rare Acquisition Opportunity Owned by the same family for 45 years
Property Facts
| No. Units | 13 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 12,795 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | C6-4M/C6-2M (C5) - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 12,795 SF |
| No. Stories | 5 |
| Year Built | 1925 |
| Zoning | C6-4M/C6-2M (C5) - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | - |
Property Taxes
| Parcel Number | 0817-0055 | Improvements Assessment | $1,176,930 |
| Land Assessment | $207,000 | Total Assessment | $1,383,930 |
Property Taxes
Parcel Number
0817-0055
Land Assessment
$207,000
Improvements Assessment
$1,176,930
Total Assessment
$1,383,930
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