7 West 16TH Street #TH, New York City, NY 10011

<strong>33-Foot-Wide Flatiron Townhouse&nbsp; 30% Reduction&nbsp; $10.5M</strong> <br> 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&mdash;an address that combines scale, history, and location.<br> <br> 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.<br> <br> 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&rsquo;s early residential development west of Union Square.<br> <br> Distinguished by its width, history, and location, 7 West 16th Street is one of the city's rare townhouse offerings&mdash;now attractively priced at $10,500,000.<br> <br> <br> <br> <br> <br> <br>