Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,260,000

· Closed February 16, 2021

16 W 16th Street #9-RS
Closed For Sale Co-op

$1,260,000

16 W 16th Street #9-RS

Flatiron, Manhattan

MLS® #RLS10623886

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 $1,428/mo
Parking Garage
Neighborhood Flatiron
Floor 9 of 14

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 9 of 14
Exposure 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 Oct 26, 2019 $1,260,000 -
Currently May 18, 2026 $1,260,000 -

Description

Welcome to this rarely available oversized one bedroom with PRIVATE OUTDOOR TERRACE, a dining area that can easily be converted to a GUEST BEDROOM, and monthly maintenance of only $1,428/mo! This meticulously designed home underwent a complete gut renovation with highlights including all new hardwood floors, custom kitchen and bathroom, new electrical and plumbing, and a HUGE walk-in closet. The oversized entry foyer is so big that it's currently configured as a home office. The foyer also features a huge coat and utility closet. The expansive living area is bright, open, airy, and is perfect for entertaining or just kicking back and grabbing a book from the custom built-in bookcase. The room features a full wall of south-facing windows, allowing for natural light to pour in throughout the day. The open kitchen is ideal for the home chef and equipped with Meile, GE, and Liebherr appliances along with stone countertops. There is a ton of cabinet space as well for additional storage. Directly off the kitchen, you have your dining area which can be transformed into a legal second bedroom that other apartments in the building have done. To have this kind of flexibility is a rarity coupled with the fact you have one of the biggest private terraces in the building - spanning 17 ft long and 6t wide. The primary bedroom can easily fit a king and another home office if you need it. The walk-in closet has been custom-built for a fashionista and can house any wardrobe and shoe collection. The bathroom features custom white and grey tiling, waterworks tub, and sink along with TWO Robern medicine cabinets, each integrated with electrical outlets. And if that wasn't good enough...Chelsea Lane is currently undergoing a complete renovation to the hallways, apartment doors, and elevator banks with NO ASSESSMENT whatsoever!!! The work is well underway and is set to be complete before the end of this year. This financially strong building is considered to be one of the city's most desired luxury cooperatives. Conveniently located just blocks from Union Square and right off Fifth Avenue. Enjoy it all in the heart of Flatiron, centrally located near all mass transit (4,5,6,N,R,Q,L,W,F,V,1,2,3, & PATH trains). Building policies include: Parents buying for "working children" allowed Pets allowed Pieds-a-terre are allowed Guarantors are allowed. Sublet policy: 2 years of residency required. After two years can sublet for up to a total of 5 years, does not have to be consecutive. Laundry system is controlled via cell phone with automatic notification when the washer and dryer cycle is finished.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Garden Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $1,428/mo
Sale Price $1,260,000

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

139

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 7:28 PM EST

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Location

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16 W 16th Street #9-RS, Flatiron, New York County • Near Fifth Avenue/Avenue of the Americas

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 $1,428 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: RLS10623886
First Listed: 10/26/2019
Price Changed: 2/22/2021
Closed: 2/16/2021
Contract Date: 10/27/2019

Listing Courtesy of Compass - Jason Angrist

Listing Contact: (201) 982-0178

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 11:28 PM UTC

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