Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16th Street #2-GS
Closed For Sale Co-op

$735,000

16 W 16th Street #2-GS

Flatiron, Manhattan

MLS® #RLS10865511

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1960
Ownership Co-op
Maintenance $1,001/mo
Parking Garage
Neighborhood Flatiron
Floor 2 of 14

Property Highlights

  • Exposure: North,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 14
Exposure North,South
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1960
Parking Garage Available
Block/Lot 817/29

Listing History

Event Date Price Change
Listed Mar 20, 2023 $735,000 -
Price Reduced Jul 11, 2023 $750,000 +2.0%

Description

Quiet and Serene, the beautifully designed 2GS has a wall of windows overlooking the Chelsea Lane landscaped garden with views of the treetops. The entrance foyer leads to the expansive living space with ample room for dining, home office and living areas. The nicely renovated kitchen is complete with maple cabinetry and stainless steel appliances, including dishwasher. The bathroom, accessible from both the living room and bedroom, has been totally renovated with all new fixtures, vanity, marble countertop and slate tiled flooring. Abundant storage with 3 Elfa solution closets including all new doors and hardware. The attention to detail continues throughout apt 2GS, with the brand new wide-plank flooring, recessed lighting design, overhead lighting fixtures, custom wall coverings and beautifully stripped metal front door. This is the one to make your new home!
The Chelsea Lane, at 16 West 16th Street and centrally located just off lower 5th Avenue, is a highly-coveted, full-service luxury co-op with excellent financials and low monthly maintenance. The friendly and professional staff includes a 24-hour doorman, live-in superintendent, handyman, porters and onsite managing agent. The elevator, pet friendly building has recently completed a gorgeous renovation to the lobby, common spaces and hallways with no additional assessment. Additional amenities include a lovely landscaped courtyard, separately managed garage, storage, laundry and bike room. The coop allows for pied-a-terres, guarantors and co-purchasing. The unbeatable location is on a tree-lined street at the epicenter of Downtown Manhattan, where Chelsea meets Flatiron, Union Square, and Greenwich Village. Just outside your door are everyday conveniences including multiple subway systems (N,Q,R,W,4,5,6,B,D,F,M) a wide variety of marquee restaurants, nightlife venues, both high-end and local shopping destinations as well as top food markets (including the Union Square Greenmarket, Whole Foods, and Trader Joe's). Make an appointment to see the beautifully designed 2GS with garden views at Chelsea Lane today!

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $1,001/mo
Sale Price $735,000
Previous Price $750,000

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

Flatiron Live Market Data

View Neighborhood

Active Listings

137

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

10

Price Reduced

32%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/17/26, 10:53 PM EST

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Location

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16 W 16th Street #2-GS, Flatiron, 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 $1,001 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 1960, making it approximately 66 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: RLS10865511
First Listed: 3/20/2023
Price Changed: 7/11/2023
Closed: 7/11/2023
Contract Date: 3/19/2023

Listing Courtesy of Compass - Justin Croushore

Listing Contact: (917) 449-1632

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 5/18/2026 at 2:53 AM UTC

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