Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Retained Exclusively to Sell Mansion and Carriage House in Flatiron District

03/05/2015

Cushman & Wakefield has been retained on an exclusive basis to sell a townhouse and carriage house at 2 West 16th Street.  The property is located between Fifth and Sixth Avenues in the Ladies Mile Historic District of Manhattan’s Flatiron District.  The asking price is $17,500,000.

The property consists of a five-story townhouse with a two-story extension, and a rear carriage house.  The main house contains approximately 10,135 square feet, and the carriage house contains approximately 2,317 square feet and is accessible through an easement on 15th Street.  The property sits on an approximately 35’ x 108.5’ lot.  The mansion features ceiling heights of approximately 15’-16’ on the parlor floor, significant original detail, and tremendous light and air.  It is currently configured as 13 apartments, of which four are vacant and the remaining nine have short-term leases.  In addition, the property has approximately 19,402 square feet of unused air rights which would be subject to Landmarks approval and certain setback requirements.

“This property offers an extremely rare opportunity to acquire one of the most unique single-family conversion mansions in all of Manhattan, or an exceptional live-plus income opportunity,” said Cushman & Wakefield’s James Nelson, who is exclusively marketing the property along with John Ciraulo, Craig Waggner, and Caroline Hannigan.

03/05/2015 - 21:00

Source

Cushman & Wakefield Capital Markets Group New York

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