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$10,290,000
List Price: $10,500,000
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7 West 16th Street
Condo in Flatiron •  building info
11bd • 8ba • 8,500ft² $1,235 per ft²
Buy with Yoreevo

$10,290,000

List Price

$10,500,000

Key Details
Days on market
85
Last price change
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Estimated payment
$65,143/mo
Taxes
$6,958/mo
Maintenance
N/A
Description
33-Foot-Wide Flatiron Townhouse  30% Reduction  $10.5M With a 30% price reduction, this extraordinary 33-foot-wide townhouse is a true rarity in Manhattan. Just off Fifth Avenue and adjacent to Greenwich Village's distinguished Gold Coast, it stands at the nexus of Flatiron, Chelsea, and the Village—an address that combines scale, history, and location. Measuring approximately 8500 square feet, the building retains original details including a graceful spiral staircase, parlor floor entry with high ceilings, ornate mantles, and decorative plasterwork. Currently arranged as 8 apartments, the property provides immediate income with long-term potential upside. Its flexible as-of-right zoning allows for residential, commercial, mixed-use, or institutional purposes, whether held as an investment, adapted as a foundation headquarters, or reimagined as a private residence of extraordinary breadth. The property also carries approximately 9,350 square feet of air rights, subject to DOB and LPC approvals. Built circa 1846, No. 7 is a rare Greek Revival bow-front townhouse, part of a distinguished row developed under a restrictive covenant to ensure elegance and uniformity along West 16th Street. With its finely detailed stone entrance and broad facade, it remains remarkably intact. Designated a New York City Landmark in 1990, it endures as one of the few surviving examples of the neighborhood’s early residential development west of Union Square. Distinguished by its width, history, and location, 7 West 16th Street is one of the city's rare townhouse offerings—now attractively priced at $10,500,000.

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Home features
Fireplace
Building info

History
What it'll cost
Purchase price
$10,500,000
Asking Price: $10,500,000
Term
30 Years
Down Payment
$1,050,000 (10%)
Min: 10% (1,050,000)
Rate
6.25 %
Mortgage Amount
$9,450,000
Mortgage Payment
$58,185
Common Charges
$0
Taxes
$6,958
Estimated Yoreevo rebate
$210,000
Estimated closing cost
$574,000
Total monthly cost $65,143
Buy your dream home with us and get an estimated $210,000 rebate.
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Listing Courtesy of Corcoran Group

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