Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
161 W 16TH Street #7K
Closed For Sale Co-op

$975,000

161 W 16TH Street #7K

Chelsea, Manhattan

null

MLS® #RLS10032342

RLS at REBNY

Listing by CORE Group Marketing LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,393/mo
Neighborhood Chelsea

Property Highlights

  • Exposure: West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Exposure West
Pets Yes
Year Built 1930
Architectural Style Prewar
Parcel # 0792-1102-00161-000-000007K

Listing History

Event Date Price Change
Listed Jan 4, 2016 $999,000 -
Currently May 14, 2026 $975,000 -2.4%

Description

Why pay top dollar for someone else's renovations? This huge one-bedroom is the rare opportunity you've been looking for: an apartment with fantastic pre-war bones, waiting to be renovated to your specifications. Where others see an apartment in need of work, the savvy buyer will see endless opportunities to create the home of one's dreams. The gracious foyer elegantly divides the private areas of the apartment from the entertaining rooms. Both the living/dining room and the bedroom are generously proportioned, affording ample opportunity to incorporate office space or other uses into either room, but the piece de resistance of this apartment is the storage. There are two huge walk-in closets and a very large third closet. And you'll need all that space for your new clothes because this apartment is in the same building as Barney's new flagship Chelsea location. This meticulously maintained co-op, designed by Farrar & Watmough, has a 24-hour doorman, live-in super, landscaped roof terrace, a central laundry room and bike storage. So what are you waiting for? Be visionary. Create the home of your dreams.

Please note there is a 2% flip tax, with half paid by the seller and half paid by the buyer.

Building Information

Financial Details

Maintenance $1,393/mo
Original Price $999,000
Previous Price $999,000

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

$1.70M

Median $/Sqft

$1,741

Avg Days on Market

N/A

New This Week

19

Price Reduced

31%

Sold (30 Days)

31

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/14/26, 11:12 AM EST

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Location

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161 W 16TH Street #7K, Chelsea, New York County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
1
Residential Units
R6B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $84,120
Land Value: $1,920
Exemptions: $0

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

Lot Area: 350 SF
Building Area: 700 SF
Built FAR: 2
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 $1,393 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 1930, making it approximately 96 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: RLS10032342
First Listed: 1/4/2016
Price Changed: 5/11/2016
Closed: 5/11/2016
Contract Date: 1/4/2016

Listing Courtesy of CORE Group Marketing LLC - Reginald Grayson

Listing Contact: (212) 381-4279

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 5/14/2026 at 3:12 PM UTC

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