Manhattan  »  10011  »  W 16th St  »  242 W 16th St

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

Also known as: 242 W 16th St

Property image for 242 West 16th Street, New York, NY 10011
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1910

Lot sq. ft.

4,603

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
242 West 16th Street
Alternate address(es)
244 W 16th St
ZIP code
10011
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00765-0065

Owner

Find out who owns 242 West 16th Street, New York, NY 10011. Uncover corporate and individual owners with a free account.

Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
21,643
Building dimensions
17 ft x 90 ft
Buildings on lot
2
Stories
6
Year built
1910
Last altered
1987
Building material
Tax
Tax year
2026-2027
Property tax
$298,842
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
33
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
44.58 ft x 103.25 ft
Lot sq. ft.
4,603

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
2
Community district
4
Closest police station
0.17 Miles
Closest fire station
0.20 Miles

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

Ownership

Ownership information for 242 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 242 West 16th Street, New York, NY 10011

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/30/2022 - R
12/16/2022 - D		 Agreement
(2022122800720002)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
12/30/2022 - R
12/16/2022 - D		 Mortgage
(2022122800720001)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
04/11/2016 - R
03/30/2016 - D		 Mortgage
(2016041100014003)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
04/11/2016 - R
03/30/2016 - D		 Agreement
(2016041100014002)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
04/11/2016 - R
03/30/2016 - D		 Mortgage
(2016041100014001)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/09/2012 - R
12/20/2011 - D		 Agreement
(2011122600021003)		 XXXXXXXX XXXXX XXXX X X XXXX XXXX XXXXXX XXX
01/09/2012 - R
12/20/2011 - D		 Mortgage
(2011122600021002)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/09/2012 - R
12/20/2011 - D		 Mortgage
(2011122600021001)		 XXXX XXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
02/25/2009 - R
01/08/2009 - D		 Agreement
(2009011400339003)		 XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX XXXX
02/25/2009 - R
01/08/2009 - D		 Mortgage
(2009011400339002)		 XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 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
$298,842
Municipal exemptions
Recent tax assessments
Market value
$6,645,000
Assessed value
$2,990,250

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 $6,257,000 $2,815,650 $2,342,160 12.439% $291,341 $291,341 +361.62%
2024/25 $1,122,000 $504,900 $504,900 12.5% $63,113 $63,113 -81.93%
2023/24 $6,208,000 $2,793,600 $2,793,600 12.502% $349,256 $349,256 -1.65%
2022/23 $6,462,000 $2,907,900 $2,894,850 12.267% $355,111 $355,111 +7.95%
2021/22 $5,975,000 $2,688,750 $2,688,750 12.235% $328,969 $328,969 -2.24%
2020/21 $6,863,000 $3,088,350 $2,743,110 12.267% $336,497 $336,497 +7.08%
2019/20 $6,717,000 $3,022,650 $2,519,440 12.473% $314,250 $314,250 +9.53%
2018/19 $6,148,000 $2,766,600 $2,274,910 12.612% $286,912 $286,912 +8.84%
2017/18 $5,601,000 $2,520,450 $2,072,590 12.719% $263,613 $263,613 +7.48%
2016/17 $5,150,000 $2,317,500 $1,902,490 12.892% $245,269 $245,269 +9.61%
Permits

Permit information for 242 West 16th Street, New York, NY

Filing date Job type Job status Job description Initial cost
10/29/2024 Alteration
09/20/2024 Alteration
09/21/2018 Alteration type 2
02/09/2018 Alteration type 2
10/21/2015 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/07/2000 Ll6291-local law 62/91 - boilers
03/16/1999 Ll6291-local law 62/91 - boilers
05/04/1998 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
8th Ave & 16th St at SE Corner
Station lines
A-C-E-L
Distance (miles)
0.045
View subway map

Access the detailed traffic volume map for 242 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 242 West 16th Street, New York, NY

223 W 19th St, New York 311 W 35th St, New York 441 8th Ave, New York 136 1/2 W 15th St, New York 347 W 39th St, New York 323 W 39th St, New York 217 W 19th St, New York 338 8th Ave, New York 1 Penn Plz, New York 535 8th Ave, New York 315 W 36th St, New York 415 8th Ave, New York 498 7th Ave, New York 80 8th Ave, New York 358 W 30th St, New York 214 W 29th St, New York 388 7th Ave, New York 124 W 18th St, New York 557 8th Ave, New York

Nearby ZIP codes for 242 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 242 West 16th Street, New York, NY 10011?

The development at 242 West 16th Street, New York, NY 10011 was built in 1910.

What is the market value of 242 West 16th Street, New York, NY 10011?

The current market value of 242 West 16th Street, New York, NY 10011 is $6,645,000.

What is the total square footage of 242 West 16th Street, New York, NY 10011?

242 West 16th Street, New York, NY 10011 has a total of 21,643 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account