Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,360,000

· Closed February 28, 2015

305 W 16TH Street #PHA
Closed For Sale Condop

$1,360,000

$2,064 per sq ft

305 W 16TH Street #PHA

Chelsea, Manhattan

MLS® #RLS10477598

RLS at REBNY

Listing by CORE Group Marketing, LLC

1

Bedroom

1

Bath

659

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 659 sq ft
Lot Size 13,800 sq ft
Year Built 2008
Ownership Condop
HOA/Common Charges $1,295/mo
Neighborhood Chelsea

Property Highlights

  • New Construction: Brand new building

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths null Full
Pets Yes
Year Built 2008 (New)
Living Area 659 sq ft
Lot Size 13,800 sq ft

Listing History

Event Date Price Change
Listed Sep 14, 2017 $1,325,000 -
Currently May 15, 2026 $1,360,000 +2.6%

Description

Located in one of hottest luxury new developments in Chelsea, this west-facing 1-bedroom penthouse has a one of kind layout. This designer apartment has signature Terrazzo floors and an expansive living room with oversized windows which allow for gorgeous light and sunset city and park views. The open kitchen features Caesarstone countertops, a breakfast bar and custom Italian-made Cerused Wenge cabinetry. The bathroom has a custom Italian-made master vanity, Grohe fixtures and Roca tile. Additionally, the bedroom has 10-foot ceilings. A Bosch washer/dryer is included. 305 West 16th Street provides residents with a 24-hour doorman, a fitness room, Zen viewing garden and a beautifully planted common roof deck with stunning views of the Empire State Building. This building is surrounded by cultural vibrancy at the crossroads of Chelsea, the West Village and the Meatpacking District. Pied-a-terre, investor and pet-friendly.

Building Information

Financial Details

Common Charges $1,295/mo
Original Price $1,325,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

318

Median Asking Price

$1.79M

Median $/Sqft

$1,741

Avg Days on Market

N/A

New This Week

14

Price Reduced

34%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 12:31 AM EST

Similar Listings in Chelsea

View All

Location

Loading map...

305 W 16TH Street #PHA, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $121,260
Land Value: $20,400
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,333 SF
Building Area: 1,365 SF
Built FAR: 1.02
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,295 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 659 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,360,000 for 659 sq ft, the asking price per square foot is approximately $2,064. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10477598
First Listed: 9/14/2017
Closed: 2/28/2015
Contract Date: 2/28/2014

Listing Courtesy of CORE Group Marketing, LLC - Maggie Kent

Listing Contact: (212) 500-2110

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 4:31 AM UTC

Buying in NYC? Start Here

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton