Manhattan » 10011 » W 16th St » 247 W 16th St

247 West 16th Street, New York, NY 10011 - Property report

Also known as: 247 W 16th St

Property image for 247 West 16th Street, New York, NY 10011

Property type

Predominant Retail with Other Uses (K4)

Year built

1910

Lot sq. ft.

1,883

Sale price

$8,421,717

General information

Address

Primary address

247 West 16th Street

Alternate address(es)

247-249 W 16th St

ZIP code

10011

Neighborhood

Chelsea

Borough

Manhattan

Block & lot

00766-0014

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

7,653

Building dimensions

38 ft x 70 ft

Buildings on lot

Stories

Year built

1910

Last altered

1986

Building material

Sales

Sale date

12/13/2023

Sale price

$8,421,717

Tax

Tax year

2026-2027

Property tax

$76,651

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

38 ft x 80 ft

Lot sq. ft.

1,883

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.14 Miles

Closest fire station

0.19 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 247 West 16th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 247 West 16th Street, New York, NY 10011

Sale date	Sale price	Buyer name	Seller name
12/13/2023	$8,421,717	XXXX XXX XXXX XXX	XXXXX, XXXXXXXX, XXXXX XXX XXXXX, XXXXXXXX, XXXX XXX XXX XXXXXX XX XXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/20/2026 - R	UCC3 Termination (2026072000796001)	XXXX XXX XXXX XXX	XXXXXXXX XXXX
07/06/2026 - R	Initial UCC1 (2026070200511003)	XXXX XXX XXXX XXX	XXXXXXXX XXXX X X
07/06/2026 - R	Initial UCC1 (2026070200511002)	XXXX XXX XXXX XXX	XXXXXXXX XXXX X X
07/06/2026 - R	Initial UCC1 (2026070200511001)	XXXX XXX XXXX XXX	XXXXXXXX XXXX X X
04/02/2025 - R 03/31/2025 - D	Certificate (2025040200185001)	XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX	XXXX XXX XXXX XXX
04/02/2025 - R 03/24/2025 - D	Zoning Lot Description (2025040200185002)	XXXX XXX XXXX XXX
01/10/2024 - R	Initial UCC1 (2023121800426005)	XXXX XXX XXXX XXX	XXXXXXXX XXXX
01/10/2024 - R 12/13/2023 - D	Mortgage (2023121800426004)	XXXX XXX XXXX XXX	XXXXXXXX XXXX
01/10/2024 - R 12/13/2023 - D	Mortgage (2023121800426003)	XXXX XXX XXXX XXX	XXXXXXXX XXXX
01/10/2024 - R 12/13/2023 - D	Deed (2023121800426002)	XXXXX XXXXXXXX XXXXX	XXXX XXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 247 West 16th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$76,651

Municipal exemptions

Recent tax assessments

Market value

$1,648,000

Assessed value

$741,600

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,493,000	$671,850	$671,850	10.848%	$72,882	$72,882	+2.80%
2024/25	$1,464,000	$658,800	$658,800	10.762%	$70,900	$70,900	-5.08%
2023/24	$1,662,000	$747,900	$705,230	10.592%	$74,698	$74,698	+2.04%
2022/23	$1,584,000	$712,800	$687,650	10.646%	$73,207	$73,207	+0.77%
2021/22	$1,501,000	$675,450	$675,450	10.755%	$72,645	$72,645	-1.46%
2020/21	$1,734,000	$780,300	$689,360	10.694%	$73,720	$73,720	+7.09%
2019/20	$1,611,000	$724,950	$653,300	10.537%	$68,838	$68,838	-0.51%
2018/19	$1,776,000	$799,200	$658,100	10.514%	$69,193	$69,193	+8.86%
2017/18	$1,459,000	$656,550	$604,522	10.514%	$63,559	$63,559	+3.19%
2016/17	$1,489,000	$670,050	$582,482	10.574%	$61,592	$61,592	+8.47%

Permits

Permit information for 247 West 16th Street, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 16th St at NE Corner

Station lines

A-C-E-L

Distance (miles)

0.043

View subway map

Access the detailed traffic volume map for 247 West 16th Street, New York, NY 10011 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 247 West 16th Street, New York, NY

233 W 16th St, New York 225 W 16th St, New York 228 W 16th St, New York 239 W 16th St, New York 235 W 16th St, New York 223 W 16th St, New York 251 W 16th St, New York 234 W 16th St, New York 226 W 16th St, New York 243 W 16th St, New York 237 W 16th St, New York 250 W 16th St, New York 245 W 16th St, New York 240 W 16th St, New York 236 W 16th St, New York 230 W 16th St, New York 241 W 16th St, New York 231 W 16th St, New York 253 W 16th St, New York

Nearby ZIP codes for 247 West 16th Street, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10010, New York City, NY 10012, New York City, NY 10013, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10170, New York City, NY 10173, New York City, NY

Frequently asked questions

What is the year built for 247 West 16th Street, New York, NY 10011?

The development at 247 West 16th Street, New York, NY 10011 was built in 1910.

What is the market value of 247 West 16th Street, New York, NY 10011?

The current market value of 247 West 16th Street, New York, NY 10011 is $1,648,000.

What is the total square footage of 247 West 16th Street, New York, NY 10011?

247 West 16th Street, New York, NY 10011 has a total of 7,653 square feet.

What is the price per square foot for this property?

$1,100 per square foot is the price for 247 West 16th Street, New York, NY 10011.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.