RARE OPPORTUNITY | FLATIRON TOWNHOUSE | INVESTOR FRIENDLY

49 West 16th Street is a 20-foot wide 5-unit Brownstone in the heart of the Flatiron District. The building is entirely free market units with the potential of a townhouse conversion. All of the apartments and buildings are in magnificent, renovated condition.

The Parlor floor [pictures 3-6] is ideal for an end-user. Currently configured as a 3 bedroom, 2.5 bath duplex with an outdoor garden with the potential of being combined with unit A. It features exposed brick, soaring ceiling, custom light fixtures, hardwood floors throughout and central air. The beautiful chef’s kitchen has a marble island, custom cabinetry, top-of-the-line Viking appliances & even a wine refrigerator. The expansive living room has a fireplace & formal dining area. The primary bedroom has a walk-in closet, en-suite bathroom and a Juliet balcony. The lower floor has 2 bedrooms along with an additional den, in unit washer/dryer, custom light fixtures, hardwood floors, central air, marble tiled bathrooms. There’s even a video intercom and a 4 Control, 8-Zone Entertainment System w/ Speakers. There’s also an in-unit washer/ dryer and private basement storage.

Apartments #2, #3 and #4 [sample pictures 7-11] are all full floor lofts. Configured as a split 2 bedroom, 2 marble baths with 1,250sf each are extremely generous in size with well-proportioned rooms. The open kitchens also feature similar Viking appliances and fixtures. The lofts include formal dining areas along with in-unit washer dryers, abundant closet space, exposed brick, hardwood floors, central air. The primary bedroom’s en-suite bathroom features a double vanity, rain shower. and a jacuzzi tub.

Apartment A [picture 12] is a south-facing 1 bedroom which features bamboo floors, carrera marble tiled bathroom with rainfall shower-head, an open kitchen with granite countertops and dishwasher. It also has a private entrance shared with the parlor floor.

Located on 16th Street between 5th & 6th Avenue, the building is situated in the nexus to the West Village, Chelsea, Union Square, Nomad and NoHo. It’s steps to Whole Foods, Trader Joe’s and all of downtown Manhattan’s amenities it’s best known for. Transportation couldn’t be more convenient with the 1, 2, 3, F, M & L Subways just a few steps away.

Lot Size: 20’x92′
Building Size: 20×62.5′
Total SF: 6,532
Zoning: Cg-2M
Units: 5
Taxes: $63,537/year

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