249 West 16 Street

Chelsea, Manhattan

Parcel ID (BBL): 1007660014

Acris records

Owner: Grid Group

Acquired: January 10, 2024, $8.4 million

Debt: January 10, 2024, $7.2 million

Built: 1910

Renovated: 1986

SF: 7,653

Dwelling units: 0

No. of buildings: 1

Class: Stores, Apartments Above (K4)

Floors: 3

Transactions:

• Company sold 247 West 16th Street and 251 West 16th Street, Chelsea, Manhattan for $0 to company on April 02, 2025.

• Grid Group borrowed $7.2 million from Midfirst Bank for 247 West 16th Street and 251 West 16th Street, Chelsea, Manhattan on January 10, 2024.

• Muriel Gould sold 247 West 16th Street, Chelsea, Manhattan for $8.4 million to Grid Group on January 10, 2024.

Violations:

According to city public data, the properties have received $100 in OATH penalties in the last year.

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