Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $875,000

· Closed September 24, 2022

229 W 16th Street #1-D
Closed For Sale Co-op

$875,000

229 W 16th Street #1-D

Chelsea, Manhattan

MLS® #RLS10797951

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $1,023/mo
Neighborhood Chelsea
Floor 2 of 5

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 5
Exposure South
Pets Yes
Cross Street Seventh Avenue/Eighth Avenue
Year Built 1910
Architectural Style Prewar
Block/Lot 766/23

Listing History

Event Date Price Change
Listed May 10, 2022 $875,000 -
Price Reduced Sep 24, 2022 $899,000 +2.7%

Description

*2nd floor apartment - 1 flight up* *TRUE 1 BEDROOM APT* INVESTOR FRIENDLY!! (Condo Rules for Subletting) Able to rent from Day ONE! Unlimited years of subleasing allowed! FULL-TIME STUDENTS ARE ALLOWED TO PURCHASE WITH PARENTS! Flexible Co-Op. Unlimited Subletting from Day One! Students OK. Parents Buying for Children, guarantors, gifting, co-purchasing, pied-a-terres are ALL ALLOWED! Fully gut-renovated with $170,000+ in renovations over the last 5 years. In-Unit WASHER & DRYER. Dishwasher. Custom Closets Home office Extra closet and storage space. High Ceilings over 9 feet. Pet-Friendly. Low Monthly HOA costs w/ Great Reserves. 2nd FLOOR apartment in a boutique walk-up building. Quiet, Tree-lined Streets. This unit was completely gut-renovated to the outer walls, in 2017. Renovation included all new floors, exposing the original brick, all new windows, new electrical, new recessed lighting, custom kitchen cabinets, custom closets and storage, etc. Renovation costs were over $170,000 total. Local to West Village, Meat Packing, Union Square, Google, E-train to Midtown and Eastside, and walking distance to Hudson River. Extremely Flexible Co-Op. Unlimited Subletting from Day One! Parents Buying for Children, guarantors, gifting, co-purchasing, pied-a-terres are ALL ALLOWED! Can come fully furnished.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed New Windows

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $1,023/mo
Sale Price $875,000
Previous Price $899,000

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

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

1

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 5/3/26, 1:30 AM EST

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Location

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229 W 16th Street #1-D, Chelsea, New York County • Near Seventh Avenue/Eighth Avenue

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
4
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $751,500
Land Value: $272,700
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 2,950 SF
Built FAR: 1.18
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 $1,023 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 1910, making it approximately 116 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: RLS10797951
First Listed: 5/10/2022
Price Changed: 9/24/2022
Closed: 9/24/2022
Contract Date: 5/10/2022

Listing Courtesy of Compass - Julia Massard

Listing Contact: (917) 880-6897

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 5/3/2026 at 5:30 AM UTC

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