Prime Manhattan location
2 WEST 16TH STREET
Aka 3 west 15th street, is located just off Fifth Avenue and one block from Union Sq., This 12,452sqft (approx) building, is currently a multi- family property with a hefty rent roll. And YES! This one’s all about potential. The property once a Mansion, and one of the first developments north of 14th street was part of the cowman estate development. It is a rare 35ft wide block through to 15th street. Made up of a main building ( five floors) and a carriage house (two floors), the current apartments range in size, from one and two bedrooms to duplexes and one open loft. Lots of original details still in place and a rear feature for most properties of its kind, is the back driveway / alley, which provides off street parking. The property has three egresses, the limestone fa- cade on the 16th Street side, which is now painted brown, offers two entrances and one on 15th street with a curb cut and street address 3 west 15th street. The Property is best fitted for residential with room for growth. However the property could make an excellent vertical parking garage and will easily hold over 100 cars.
Currently the property is income producing with tremendous upside.
Price & Set-up upon Request