Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $925,000

· Closed January 13, 2022

305 W 16TH Street #5F
Closed For Sale Co-op

$925,000

$1,661 per sq ft

305 W 16TH Street #5F

Chelsea, Manhattan

305W16

MLS® #RLS10752875

RLS at REBNY

Listing by PAIP

1

Bedroom

1

Bath

557

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 557 sq ft
Year Built 2011
Ownership Co-op
Maintenance $1,953/mo
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Exposure: East facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 7
Exposure East
Pets Yes
Cross Street Eighth Avenue/Ninth Avenue
Year Built 2011
Living Area 557 sq ft
Parcel # 0740-0030-00305-000-000005F

Listing History

Event Date Price Change
Listed Oct 15, 2021 $1,000,000 -
Currently May 4, 2026 $925,000 -7.5%

Description

An impeccably maintained one bedroom apartment in a luxury, boutique condop is now available in the heart of Chelsea. Close to The High Line and The Dream Hotel, this world class address is close to every form of transportation, countless restaurants, art galleries, and shopping for every desire.Having only one owner since its purchase in 2011, the space has been immaculately maintained. Carbonized bamboo flooring flows throughout the unit, and double-paned windows create a quiet sanctuary from the streets below. The kitchen features Italian designed Cerused Wenge cabinetry, Caesarstone countertops, a Bosch stove, and a Fisher & Paykel refrigerator. The unit also includes a state of the art LG washer and dryer, and the bathrooms are beautifully outfitted with Roca tiles and Grohe fixtures.The building stands out as one of Chelsea's most elegantly designed structures, and entering the lobby feels more like entering a world class resort than a private residence. A 24 hour doorman greets all visitors, and the hallways and public spaces are exquisite. Moreover, the building offers a gym with pilates station, storage, bike storage, and one of the neighborhoods finest rooftop terraces. Not to be missed.

Features & Amenities

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $1,953/mo
Original Price $1,000,000
Sale Price $925,000
Previous Price $1,000,000

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

311

Median Asking Price

$1.86M

Median $/Sqft

$1,844

Avg Days on Market

N/A

New This Week

28

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/4/26, 11:40 AM EST

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Location

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305 W 16TH Street #5F, Chelsea, New York County • Near Eighth Avenue/Ninth Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $121,260
Land Value: $20,400
Exemptions: $1,420

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

Lot Area: 1,333 SF
Building Area: 1,365 SF
Built FAR: 1.02
Allowed FAR: 1.5

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 $1,953 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 557 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2011, making it approximately 15 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $925,000 for 557 sq ft, the asking price per square foot is approximately $1,661. 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: RLS10752875
First Listed: 10/15/2021
Price Changed: 1/26/2022
Closed: 1/13/2022
Contract Date: 10/15/2021

Listing Courtesy of PAIP - Geovanna Lim

Listing Contact: (212) 994-2688

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 3:40 PM UTC

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