What is the rent for a 1-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011?

Based on recent listing data, rent for a 1-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011 is approximately $2,900 per month.

What is the rent for a 2-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011?

Based on recent listing data, rent for a 2-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011 ranges from $3,800 to $5,400 per month, with a median of $4,600.

How does rent at 242 WEST 16 STREET, Manhattan, NY, 10011 compare to the neighborhood?

Compared to other buildings in the 10011 zip code: 1-bedroom rents are about 62% below the neighborhood median; 2-bedroom rents are about 45% below the neighborhood median.

Is 242 WEST 16 STREET, Manhattan, NY, 10011 rent stabilized?

Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 is rent stabilized with 11 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 242 WEST 16 STREET, Manhattan, NY, 10011?

Based on historical listing data, March tends to be the most affordable month to sign a lease at 242 WEST 16 STREET, Manhattan, NY, 10011, while December is typically the most expensive. Timing your move to March could save approximately 12% compared to peak pricing.

Who is the landlord of 242 WEST 16 STREET, Manhattan, NY, 10011?

The registered owner of 242 WEST 16 STREET, Manhattan, NY, 10011 is WEST 16TH REALTY. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 242 WEST 16 STREET, Manhattan, NY, 10011 a good landlord?

242 WEST 16 STREET, Manhattan, NY, 10011, owned by WEST 16TH REALTY, has an overall grade of B (3.7/5) on Lucid Rents. The building has 4 recorded violations. Tenants have left 3 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 242 WEST 16 STREET, Manhattan, NY, 10011?

242 WEST 16 STREET, Manhattan, NY, 10011 has an overall grade of B with a score of 3.7 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 242 WEST 16 STREET, Manhattan, NY, 10011?

Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 has 4 housing violations and 37 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Has 242 WEST 16 STREET, Manhattan, NY, 10011 had any Department of Buildings violations?

Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 has 3 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.

What amenities does 242 WEST 16 STREET, Manhattan, NY, 10011 have?

242 WEST 16 STREET, Manhattan, NY, 10011 offers 5 amenities including Fios Available, Hardwood Floors, View, Good Cause, Rent Stabilized. View the full amenity list on the building page.

What schools are near 242 WEST 16 STREET, Manhattan, NY, 10011?

There are 9 schools near 242 WEST 16 STREET, Manhattan, NY, 10011, including 4 public schools, 2 charter schools, 3 private schools. Nearby schools include Liberty High School Academy For Newcomers (2 min walk), N.y.c. Lab School For Collaborative Studies (4 min walk), New York City Lab Middle School For Collaborative Studies (4 min walk), N.y.c. Museum School (4 min walk), Great Oaks Kathleen Sherry Charter School (14 min walk), and more.

What public transit is near 242 WEST 16 STREET, Manhattan, NY, 10011?

242 WEST 16 STREET, Manhattan, NY, 10011 has 4 transit options nearby. The closest include: bus: GREENWICH AV/CHRISTOPHER ST (M8), 0.43 mi away.

Is 242 WEST 16 STREET, Manhattan, NY, 10011 safe? What is the crime rate nearby?

The 10011 zip code where 242 WEST 16 STREET, Manhattan, NY, 10011 is located had 2,289 crime incidents in the past 2 years, including 128 violent crimes, 1,252 property crimes, and 909 quality-of-life incidents. Check the neighborhood report card for 10011 for full details.

When was 242 WEST 16 STREET, Manhattan, NY, 10011 built and how many units does it have?

242 WEST 16 STREET, Manhattan, NY, 10011 was built in 1910, has 6 floors, contains 34 total units, 33 of which are residential.

What do tenants say about living at 242 WEST 16 STREET, Manhattan, NY, 10011?

242 WEST 16 STREET, Manhattan, NY, 10011 has 3 tenant reviews with an average rating of 3.7 out of 5. 0 out of 3 reviewers would recommend this building.

242 WEST 16 STREET — Rent Intelligence for Chelsea, NYC

Chelsea · Manhattan, NY, 10011

Built 19106 floors34 unitsBBL 1007650065

Current rent range

$2,900 – $5,400 / mo

2 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★3.73 reviews

Verified reviewsW1Owned byWEST 16TH REALTY3 bldgs

242 WEST 16 STREET

Manhattan, NY, 10011

242 WEST 16 STREET is a prewar 1910 building, 6 floors, 34 units in Chelsea, NYC. Owned by WEST 16TH REALTY. Public records show 7 open violations, 37 311 complaints on file. Rent stabilization on file covers 11 units (registered 2024). Lucid Rents has 3 verified tenant reviews on this building.

HPD violations4last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews33.7 ★ avg

Rent-stab units34DHCR records

Building age116 ybuilt 1910

311 complaints37last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

1 BR

$2,900/mo

2 listings

2 BR

$4,600/mo

7 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

March

Most expensive

December

JFMAMJJASOND

Potential savings: ~12% by timing your move to March.

Rent vs. area median Manhattan

Studio

This building: — – —

—Area: $5,553

1 BR

This building: $2,900 – $2,900

62% belowArea: $7,570

2 BR

This building: $3,800 – $5,400

45% belowArea: $8,390

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

1 Bed2 listings

$2,900

$7,458 – $7,683

2 Bed7 listings

$8,390

$8,390

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Chelsea

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,579

current quarter

Effective rent

—

per bedroom only

YoY change

3.6%

asking, vs 1 yr ago

10-year change

21%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

253 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

134

brownfields, industrial zones, sanitation

Block-level

2370

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Steady

HPDTop Violations

4 total

Pest Infestation
1

311Top Complaints

37 total

Noise - Commercial
10
Illegal Parking
8
Noise - Residential
8
Request Large Bulky Item Collection
3
Noise - Street/Sidewalk
2

DOBTop Filings

3 total

DOB Violations
3

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class IVIOLATION DISMISSEDNov 2, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Class IVIOLATION DISMISSEDNov 2, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Class IVIOLATION DISMISSEDFeb 16, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Class AVIOLATION DISMISSEDFeb 16, 2022
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.

See all 4 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

3.7 /5

★ ★ ★ ★ ★

3 reviews

5★

33%

4★

33%

3★

2★

33%

1★

Pros: There could not be a better location to live at. The street is quiet with several subway lines very close. Cons: Management was unresponsive and super was not handy.

positiveMay 2025

Anonymous

Pros: Location only is the only pro. Cons: Dani the super is absolutely useless. He is disrespectful and unresponsive when you need him. I also felt uncomfortable in his presence, he cat-calls women on the street. They…

negativeJan 2023

Anonymous

Pros: Responsive management, quiet apartment and great street. Cons: Could use some hallway updating but seems like they are investing in new lights etc.

positiveAug 2021

Anonymous

View all 3 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

5 amenities

OTHER

Fios Available
Hardwood Floors
View
Good Cause
Rent Stabilized

04 / 09

Building amenities.

05 / 10

The landlord.

WEST 16TH REALTY

Portfolio of 3 buildingsMEMBER: JOHN ILIBASSIMail: 253-11 80TH AVE, GLEAN OAKS, NY, 11004

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.7

avg score / 5

B+

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1910Building constructed34 units · 6 floors
nowWEST 16TH REALTYOwner of record per HPD registration · manages 3 buildings · registration active through 2027-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

10011 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 10011

Violent128

Property1,252

Quality-of-life909

Total incidents2,289

07 / 10

About this area.

Chelsea · 10011

242 WEST 16 STREET · Manhattan · 40.740° N, -74.000° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby9 min

6 schools nearby2 min

Nearby Transit

BUS

GREENWICH AV/CHRISTOPHER STM8
0.4 mi9 min
CHRISTOPHER ST/GREENWICH AVM8
0.4 mi9 min
W 9 ST/AVENUE OF THE AMERICASM8
0.4 mi9 min
W 10 ST/7 AV SM8
0.4 mi9 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Liberty High School Academy For NewcomersHigh School
0.1 mi2 min
N.y.c. Lab School For Collaborative StudiesHigh School
0.2 mi4 min
New York City Lab Middle School For Collaborative StudiesMiddle School
0.2 mi4 min
N.y.c. Museum SchoolHigh School
0.2 mi4 min

CHARTER SCHOOLS

Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.7 mi14 min
Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.7 mi14 min

PRIVATE SCHOOLS

Corlears SchoolElementary
0.2 mi3 min
Winston Preparatory SchoolElementary
0.2 mi3 min
City & Country SchoolElementary
0.2 mi4 min

The neighborhood

Chelsea

Western Chelsea stretches from the Meatpacking District up through gallery row. The Whitney Museum, the High Line's southern entrance, and the Chelsea Piers sports complex make this a neighborhood where culture and recreation intersect daily.

4,942buildings tracked4.4avg LucidIQ$7,570median 1BR

50,772population$146kmedian income63%renters

CulturalWalkableLGBTQ+ FriendlyUpscaleActive

Explore Chelsea

Neighborhood overview

Chelsea→

Vibe · top buildings · landlords · schools · transit

Crime in 10011

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in Chelsea

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Battery Park City· 0.03 mi Tribeca· 0.54 mi SoHo· 0.61 mi West Village· 0.62 mi Gramercy Park· 0.83 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1910

Floors6

Total units34

Rent-stab units34

ClassC7

BBL1007650065

1910192019301940195019601970198019902000201020202030

1910

Building constructed

34 units · 6 floors · class C7

2024

Rent stabilization on file

11 stabilized units registered.

now

Current owner: WEST 16TH REALTY

Portfolio includes 3 buildings.

Recent Activity

20 events

311MEDIUMApr 22, 2025
PLUMBING — BATHTUB/SHOWER
311MEDIUMApr 22, 2025
WATER LEAK — DAMP SPOT
311MEDIUMDec 20, 2024
Noise - Commercial — Loud Music/Party
311MEDIUMApr 5, 2024
Illegal Parking — Blocked Bike Lane
311MEDIUMNov 22, 2023
Noise - Commercial — Loud Music/Party
311MEDIUMJul 25, 2023
Illegal Parking — Double Parked Blocking Traffic
311MEDIUMApr 12, 2023
Rodent — Rat Sighting
311MEDIUMApr 4, 2023
Illegal Parking — Blocked Bike Lane
311MEDIUMJan 12, 2023
Illegal Parking — Blocked Bike Lane
311MEDIUMDec 17, 2022
Noise - Residential — Loud Music/Party

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a 1-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011?
Based on recent listing data, rent for a 1-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011 is approximately $2,900 per month.
What is the rent for a 2-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011?
Based on recent listing data, rent for a 2-bedroom at 242 WEST 16 STREET, Manhattan, NY, 10011 ranges from $3,800 to $5,400 per month, with a median of $4,600.
How does rent at 242 WEST 16 STREET, Manhattan, NY, 10011 compare to the neighborhood?
Compared to other buildings in the 10011 zip code: 1-bedroom rents are about 62% below the neighborhood median; 2-bedroom rents are about 45% below the neighborhood median.
Is 242 WEST 16 STREET, Manhattan, NY, 10011 rent stabilized?
Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 is rent stabilized with 11 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 242 WEST 16 STREET, Manhattan, NY, 10011?
Based on historical listing data, March tends to be the most affordable month to sign a lease at 242 WEST 16 STREET, Manhattan, NY, 10011, while December is typically the most expensive. Timing your move to March could save approximately 12% compared to peak pricing.
Who is the landlord of 242 WEST 16 STREET, Manhattan, NY, 10011?
The registered owner of 242 WEST 16 STREET, Manhattan, NY, 10011 is WEST 16TH REALTY. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 242 WEST 16 STREET, Manhattan, NY, 10011 a good landlord?
242 WEST 16 STREET, Manhattan, NY, 10011, owned by WEST 16TH REALTY, has an overall grade of B (3.7/5) on Lucid Rents. The building has 4 recorded violations. Tenants have left 3 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 242 WEST 16 STREET, Manhattan, NY, 10011?
242 WEST 16 STREET, Manhattan, NY, 10011 has an overall grade of B with a score of 3.7 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 242 WEST 16 STREET, Manhattan, NY, 10011?
Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 has 4 housing violations and 37 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Has 242 WEST 16 STREET, Manhattan, NY, 10011 had any Department of Buildings violations?
Yes, 242 WEST 16 STREET, Manhattan, NY, 10011 has 3 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
What amenities does 242 WEST 16 STREET, Manhattan, NY, 10011 have?
242 WEST 16 STREET, Manhattan, NY, 10011 offers 5 amenities including Fios Available, Hardwood Floors, View, Good Cause, Rent Stabilized. View the full amenity list on the building page.
What schools are near 242 WEST 16 STREET, Manhattan, NY, 10011?
There are 9 schools near 242 WEST 16 STREET, Manhattan, NY, 10011, including 4 public schools, 2 charter schools, 3 private schools. Nearby schools include Liberty High School Academy For Newcomers (2 min walk), N.y.c. Lab School For Collaborative Studies (4 min walk), New York City Lab Middle School For Collaborative Studies (4 min walk), N.y.c. Museum School (4 min walk), Great Oaks Kathleen Sherry Charter School (14 min walk), and more.
What public transit is near 242 WEST 16 STREET, Manhattan, NY, 10011?
242 WEST 16 STREET, Manhattan, NY, 10011 has 4 transit options nearby. The closest include: bus: GREENWICH AV/CHRISTOPHER ST (M8), 0.43 mi away.
Is 242 WEST 16 STREET, Manhattan, NY, 10011 safe? What is the crime rate nearby?
The 10011 zip code where 242 WEST 16 STREET, Manhattan, NY, 10011 is located had 2,289 crime incidents in the past 2 years, including 128 violent crimes, 1,252 property crimes, and 909 quality-of-life incidents. Check the neighborhood report card for 10011 for full details.
When was 242 WEST 16 STREET, Manhattan, NY, 10011 built and how many units does it have?
242 WEST 16 STREET, Manhattan, NY, 10011 was built in 1910, has 6 floors, contains 34 total units, 33 of which are residential.
What do tenants say about living at 242 WEST 16 STREET, Manhattan, NY, 10011?
242 WEST 16 STREET, Manhattan, NY, 10011 has 3 tenant reviews with an average rating of 3.7 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

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Building record last updated September 21, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.