Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,295,000

· Closed June 19, 2020

16 W 16TH Street #3CS
Closed For Sale Co-op

$1,295,000

16 W 16TH Street #3CS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10608000

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,384/mo
Neighborhood Flatiron
Floor 3 of 14

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 14
Exposure South
Cooling Wall Units
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Parcel # 0817-0029-00016-000-00003CS

Listing History

Event Date Price Change
Listed Sep 26, 2019 $1,295,000 -
Currently May 19, 2026 $1,295,000 -

Description

Easy 2nd Bedroom! Don't miss a fantastic opportunity to own this fully renovated Junior 4 with its sunny southern exposure. Apartment 3CS offers many luxurious features. Boasting the largest balcony at The Chelsea Lane, the newly decked sanctuary provides the serenity of outdoor living & dining with tree top views of historic West 15th Street. The gracious entry foyer opens to a sprawling living room, currently fitted with a custom built-in desk for home office. A gracious dining room provides the opportunity for a flexible second bedroom/den, the perfect place for entertaining friends or just relaxing at home. Enjoy showing off your culinary skills in the beautifully renovated cook's kitchen with custom cabinets, stainless steel appliances, granite counter-top and tile back splash with plenty of storage to satisfy any home chef. At the end of the day retire to the uncommonly large king size master suite with adjacent spa-like master bath. Incredible closet space including two walk-ins, new wood floors and built-ins throughout. The historically low maintenance makes this one you won't want to miss.16 West 16th Street "The Chelsea Lane", is one of Flatiron's most sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and on site managing agent. There's a well trained staff of handymen & porters with 24 hour coverage. Easy access to laundry, storage, bike room and garage on buildings lower level. Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron's world renaund restaurants & the best shopping NYC has to offer. Having a sought after central located, all of Manhattans major public transportation is incredibly convenient!

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $1,384/mo
Sale Price $1,295,000

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

138

Median Asking Price

$2.38M

Median $/Sqft

$1,791

Avg Days on Market

N/A

New This Week

10

Price Reduced

31%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 8:25 PM EST

Similar Listings in Flatiron

View All

Location

Loading map...

16 W 16TH Street #3CS, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

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 $1,384 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 1964, making it approximately 62 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: RLS10608000
First Listed: 9/26/2019
Closed: 6/19/2020
Contract Date: 10/1/2019

Listing Courtesy of The Corcoran Group - Dennis J Margulies

Listing Contact: (212) 645-4040

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 5/19/2026 at 12:25 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton