7 W 16th St Unit TH New York, NY 10011
Flatiron District NeighborhoodEstimated payment $62,138/month
Highlights
- North Facing Home
- 3-minute walk to 14 Street (F Line)
- 4-minute walk to Union Square Park
- Sixth Avenue Elementary School Rated A
About This Home
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $81,562
Year Built
- Built in 1846
Home Design
- Entry on the 5th floor
Interior Spaces
- 8,500 Sq Ft Home
- Decorative Fireplace
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Additional Features
- North Facing Home
- No Cooling
Community Details
- 7 Units
- Flatiron Subdivision
- 5-Story Property
Listing and Financial Details
- Legal Lot and Block 0035 / 00818
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $81,562 | $668,327 | $134,875 | $533,452 |
| 2024 | $81,562 | $652,388 | $361,350 | $547,058 |
| 2023 | $74,101 | $604,065 | $78,022 | $526,043 |
| 2022 | $73,366 | $2,502,450 | $361,350 | $2,141,100 |
| 2021 | $68,109 | $2,002,050 | $361,350 | $1,640,700 |
| 2020 | $64,123 | $2,148,750 | $361,350 | $1,787,400 |
| 2019 | $63,292 | $1,817,100 | $361,350 | $1,455,750 |
| 2018 | $59,101 | $464,665 | $110,884 | $353,781 |
| 2017 | $58,668 | $461,263 | $124,502 | $336,761 |
| 2016 | $55,061 | $427,096 | $127,116 | $299,980 |
| 2015 | $23,831 | $395,460 | $124,629 | $270,831 |
| 2014 | $23,831 | $386,029 | $122,813 | $263,216 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2025 09/21/25 | For Sale | $10,500,000 | -- | $1,235 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $6,500,000 | -- | |
| Deed | $6,500,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20050055
APN: 0818-0035
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