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7 West 16th StreetNew York, NY 10011

For Sale

$10,500,000

Smart Buyer Rebate $131,250

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 10 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.






Listed by Peter Comitini

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Corcoran Group

·

(917) 439-3856

Listed by Laurie B Lewis

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Corcoran Group

Last updated October 20, 2025

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Source: REBNY #RLS20050055

Listing Facts

  • TypeSingle-family
  • NeighborhoodUnion Square
  • Bedrooms11
  • Bathrooms8
  • Days on Prevu33
  • Size8,500 sqft
  • Price per sqft$1,235

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/21/2025
Listed by Corcoran Group
$10,500,000

Estimated Closing Costs

Total
$559,700
Attorney Fees
$4,000
NYC Mansion Tax
$341,250
Title Insurance
$47,250
Bank Attorney
$1,500
Mortgage Recording Tax
$161,700
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $10,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 7 West 16th Street

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Number Of Units Total: 7
  • Stories Total: 5
  • Year Built: 1846
  • Entry Level: 5

Financial

Taxes

  • Parcel Number: 0818-0035

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area: 8,500
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 11
  • Rooms Total: 26

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Flatiron
  • Tax Block: 00818
  • Tax Lot: 0035

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.