Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $582,000

· Closed October 19, 2021

Closed For Sale Co-op

$582,000

$1,012 per sq ft

234 W 16TH Street #5B

Chelsea, Manhattan

MLS® #RLS10716387

RLS at REBNY

Listing by Avenue Sothebys International Realty

1

Bedroom

1

Bath

575

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 575 sq ft
Lot Size 2,906 sq ft
Year Built 1915
Ownership Co-op
Maintenance $1,059/mo
Neighborhood Chelsea
Floor 5 of 5

Property Highlights

  • Exposure: South,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1915)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 5
Exposure South,West
Pets Yes
Year Built 1915
Living Area 575 sq ft
Architectural Style Prewar
Lot Size 2,906 sq ft
Parcel # 0765-0062-00234-000-000005B

Listing History

Event Date Price Change
Listed May 6, 2021 $619,000 -
Price Reduced Dec 19, 2021 $599,000 -3.2%
Currently May 4, 2026 $582,000 -2.8%

Description

Residence 5B, located in prime Chelsea on the border of Greenwich Village, Hudson Yards, Meatpacking, and Flatiron, features an updated one bedroom one bathroom with low monthly maintenance in a historic pre-war Walk-Up building, (four flights) located on a quintessential, quiet tree-lined Chelsea block. Classic details include, beautiful hardwood floors, 4 zoned recessed lighting, French doors & custom moldings. Open-plan kitchen allows for conversation flow, granite breakfast bar with seating for work & dining. Stainless steel appliances including a dishwasher, range & refrigerator complete the windowed, sunlit kitchen. Bathroom has undergone an impeccable renovation with a glass enclosed rain shower, porcelain tiled floor, custom blue granite basin & waterfall sink. King-sized bedroom with oversized windows drench the room with southern sunlight. Pick up and delivery laundry service included for 1 year. Subletting permitted after two years of ownership. No flip tax! Pied-a-terres, co-purchasing parents & pets are welcome. Conveniently located near all subways, A,C,E,L, 2,3,1 trains. Steps to The High Line Park, Chelsea Market, the Whitney Museum & a huge variety of restaurants and shops.

Building Information

Building Data View Compliance & Permits
Total Units 20
Stories 5
Style Prewar

Financial Details

Maintenance $1,059/mo
Original Price $619,000
Sale Price $582,000
Previous Price $599,000

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 5/4/26, 7:46 PM EST

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Location

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234 W 16TH Street #5B, Chelsea, New York County

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $140,160
Land Value: $21,240
Exemptions: $0

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

Lot Area: 1,775 SF
Building Area: 1,836 SF
Built FAR: 1.03
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 $1,059 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 575 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 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 $582,000 for 575 sq ft, the asking price per square foot is approximately $1,012. 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: RLS10716387
First Listed: 5/6/2021
Price Changed: 12/19/2021
Closed: 10/19/2021
Contract Date: 5/6/2021

Listing Courtesy of Avenue Sothebys International Realty - Jimmy Armstrong

Listing Contact: (917) 626-9593

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 5/4/2026 at 11:46 PM UTC

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