Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
130 W 16th Street #53
Closed For Sale Co-op

$485,000

$776 per sq ft

130 W 16th Street #53

Chelsea, Manhattan

MLS® #RLS10862165

RLS at REBNY

Listing by BALEN REAL ESTATE LLC

1

Bedroom

1

Bath

625

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 625 sq ft
Year Built 1927
Ownership Co-op
Maintenance $1,068/mo
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Exposure: East,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
Exposure East,South
Pets Yes
Cross Street Avenue of the Americas/Seventh Avenue
Year Built 1927
Living Area 625 sq ft
Architectural Style Prewar
Parcel # 0791-0062-00130-000-0000053
Block/Lot 791/62

Listing History

Event Date Price Change
Listed Jul 26, 2022 $485,000 -
Price Reduced Mar 3, 2023 $495,000 +2.1%

Description

Back on market 2/22

OWNER IS ENTERTAINING ALL OFFERS!

One bedroom in sought after boutique co-op located on the best block in Chelsea. This is the last remaining sponsor unit in the building. There is a rent controlled tenant in place. Low monthly maintenance of $1,017. Similar apartments in the building were sold for over $1,000,000. Buyer will make over 100% return on investment upon resale. Great light from South and East exposure.

The sponsor is aggressively looking to sell this unit and will entertain all offers.

NO BOARD APPROVAL -SPONSOR UNIT

- The apartment has pre-war features with hardwood floors and 9-foot ceilings
- Excellent Southern and Eastern light facing a beautiful garden
-A beautifully renovated roof deck with views of the Empire State Building.
-An elegant boutique building that is superbly maintained.
-New video intercom, live-in super, laundry in the building, & bike room.
-16th street is the best block in Chelsea, the perfect location
-Located between 5th and 6th avenues, it is a quiet treelined street.
-One block to every major subway line.
-3 blocks from Chelsea Market, High Line, Union Square and so much more.

Do not miss out on this amazing opportunity

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $1,068/mo
Sale Price $485,000
Previous Price $495,000

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

303

Median Asking Price

$1.80M

Median $/Sqft

$1,790

Avg Days on Market

N/A

New This Week

21

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/2/26, 2:03 AM EST

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Location

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130 W 16th Street #53, Chelsea, New York County • Near Avenue of the Americas/Seventh Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
3
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $111,600
Land Value: $19,320
Exemptions: $0

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

Lot Area: 1,700 SF
Building Area: 1,892 SF
Built FAR: 1.11
Allowed FAR: 2

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 monthly maintenance are $1,068 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 625 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $485,000 for 625 sq ft, the asking price per square foot is approximately $776. 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: RLS10862165
First Listed: 7/26/2022
Price Changed: 3/3/2023
Closed: 6/29/2023
Contract Date: 7/6/2022

Listing Courtesy of BALEN REAL ESTATE LLC - Leonard Bromberg

Listing Contact: (917) 751-2388

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 5/2/2026 at 6:03 AM UTC

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