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105-107 E 16th St
New York, NY 10003
Retail Property For Sale
Investment Highlights
- Retail Condo located in heart of Union Square between Park Avenue South and Irving Plaza.
- Currently configured as an assembly/ event space and headquarters for a professional organization.
- Located around the corner from 4/5/6/L/N/Q/R/W subways.
- Total unit size of 6,741 SF is apportioned with 3,812 SF above grade, 1,299 SF in a fully built cellar and 1,630 SF as part of the mezzanine level.
- Ideal location for event space, gallery or retail showroom.
- Delivered vacant.
Executive Summary
The property at 105 East 16th Street is a three-level retail condominium located in the Union Square neighborhood of Manhattan, an area known for its vibrant mix of retail, dining, and cultural destinations. The space includes a ground floor, mezzanine, and cellar, offering a versatile layout for a range of commercial uses. Union Square is a major transportation hub with access to multiple subway lines and is surrounded by a dense residential population, office buildings, and educational institutions such as NYU and The New School. The neighborhood attracts consistent pedestrian traffic and is home to numerous national retailers, boutique shops, and popular restaurants, creating a dynamic environment for businesses seeking visibility and connectivity in one of New York City’s most active districts.
Property Facts
| Total Building Size | 46,157 SF | Floors | 10 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,615 SF |
| Property Subtype | Apartment | Year Built | 1914 |
| Building Class | C | Lot Size | 0.11 AC |
| Zoning | C6-2A - districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Total Building Size | 46,157 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 10 |
| Typical Floor Size | 4,615 SF |
| Year Built | 1914 |
| Lot Size | 0.11 AC |
| Zoning | C6-2A - districts permit a wide range of high-bulk commercial uses requiring a central location |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
Site Amenities
- Elevator
1 Unit Available
Unit Comm
| Unit Size | 6,741 SF | Sale Conditions | Distress Sale |
| Condo Use | Retail | APN/Parcel ID | 0872-1001 |
| Sale Type | Investment or Owner User |
| Unit Size | 6,741 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | Distress Sale |
| APN/Parcel ID | 0872-1001 |
Description
A 6,741 SF multi-level retail condominium in Union Square featuring a modern build-out and prime street-level presence.
Sale Notes
This 6,741 SF retail condominium at 105 East 16th Street offers a rare opportunity in the heart of Union Square, one of Manhattan’s most dynamic commercial and residential districts. The property spans three levels, including a fully built cellar, a spacious ground floor, and a mezzanine, providing flexible configurations for a variety of uses. Delivered vacant, the space is currently built out as an assembly and event venue, making it well-suited for retail, showroom, or institutional purposes. Located steps from Union Square Park and major subway lines (4/5/6/L/N/Q/R/W), the property benefits from exceptional foot traffic, strong co-tenancy, and proximity to top-tier dining, entertainment, and educational institutions. This offering represents a compelling investment in a high-demand corridor with enduring appeal.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
