Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16TH Street #12HS
Closed For Sale Co-op

$750,000

16 W 16TH Street #12HS

Chelsea, Manhattan

Chelsea Lane

MLS® #RLS10530005

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $936/mo
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Exposure: North facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Exposure North
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1964
Parking Garage Available
Parcel # 0817-0029-00016-000-00012HS

Listing History

Event Date Price Change
Listed Oct 17, 2018 $860,000 -
Currently May 9, 2026 $750,000 -12.8%

Description

Back on the market and reduced! This beautifully renovated Junior 1 bedroom home is located on a high floor in The Chelsea Lane, a full service coop off Fifth Avenue. This apartment has been completely renovated with great attention to detail. The gorgeous cook's kitchen boasts Hanssen rift cut, oak kitchen cabinets, a large serving/dining island made of durable and attractive Caesarstone along with stainless steel appliances including Liebherr refrigerator, Bosch dishwasher and Verona range/oven. Additional features include Hansgrohe bath fixtures, solid 4 inch, oak plank floors, large windows and crown molding.

The Chelsea Lane is a full service coop with 24 hour doorman, porters, handyman, an on-site managing agent, garage, laundry, storage facilities for rent as well as bike storage. Located in close proximity to Union Square and Greenwich Village, the location is at the nexus of Downtown with all the best of city living nearby including the Union Square Greenmarket, top restaurants, shopping and all major subway lines. Pied a terres, gifting, co-purchasing permitted with board approval.

Building Information

Financial Details

Maintenance $936/mo
Original Price $860,000
Sale Price $750,000

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

320

Median Asking Price

$1.69M

Median $/Sqft

$1,756

Avg Days on Market

N/A

New This Week

27

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/9/26, 2:20 PM EST

Similar Listings in Chelsea

View All

Location

Loading map...

16 W 16TH Street #12HS, Chelsea, New York County • Near Fifth Avenue/Avenue of the Americas

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
14
Floors
481
Residential Units
C6-2M
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $44,628,750
Land Value: $6,294,150
Exemptions: $537,283

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

Lot Area: 45,223 SF
Building Area: 403,741 SF
Built FAR: 8.93
Allowed FAR: 6.02

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 $936 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1964, making it approximately 62 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.

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: RLS10530005
First Listed: 10/17/2018
Closed: 6/4/2019
Contract Date: 10/17/2018

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Andrew Glick

Listing Contact: (212) 396-5883

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 5/9/2026 at 6:20 PM UTC

Buying a Co-op? Start Here

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

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

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton