$5,950,000
235 W 16th Street
MLS® #RLS10096807
Listing by Vandenberg -The Townhouse Experts
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Climate Control: Building Cooling
- Character: Pre-war building (1920)
Property Details
Description
Own this five-unit townhouse and benefit from a terrific rent roll in a highly desirable Chelsea location. Alternatively, you can create a duplex or triplex and the remaining tenants can pay for the mortgage. Plentiful side windows, brand-new marble baths, shining oak floors and immense, quiet rear bedrooms are found throughout. Best of all is the vibrant Chelsea location. The High Line entrance is down the street, Chelsea market is a short walk away, and the West Village is at your doorstep.
All the tenants are long-term ? some have been here for 20-30 years or more ? and vacancies are extremely rare. All units are separately metered and well-maintained. Rents are slightly below market, promising the investor a healthy return on this investment right away, plus an upside.
Building Information
About Chelsea
View All Chelsea ListingsChelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.
Chelsea Live Market Data
View NeighborhoodActive Listings
277
Median Asking Price
$1.92M
Median $/Sqft
$1,833
Avg Days on Market
N/A
New This Week
17
Price Reduced
25%
Sold (30 Days)
39
Median Sale Price
$1.85M
Live data from RLS at REBNY • Updated 4/7/26, 2:00 PM EST
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Location
235 W 16th Street, Chelsea, New York County • Near Seventh Avenue/Eighth Avenue
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Vandenberg -The Townhouse Experts - Dexter Guerrieri
Listing Contact: (212) 769-9600
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RLS Data display by Keller Williams NYC. Data last updated on 4/7/2026 at 6:00 PM UTC