$8,950,000
NO LONGER AVAILABLE

AS OF ABOUT 21 MONTHS AGO

2 West 16th Street #2 in Flatiron

Originally built in 1852, this 35’ wide property is comprised of a five story mansion with a two-story extension, and a carriage house has one off-street parking spot accessible from 15th Street. The mansion benefits from original details such as a decorative fireplace, soaring 14' 10" high ceilings on the parlor level, and tremendous light and air. Most of the leases are month to month, with the remainder expiring within a year. Significant air rights remain. The property would be ideal for single family conversion or live plus investment opportunity. At $718/SF, 2 West 16th Street offers a tremendous opportunity to convert the house at a low all-in cost. Last year, the only other downtown house of this size to sell was 2 North Moore Street. That property, which was fully renovated, sold for over $24m and close to $2,200/SF.