Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $685,000

Listed at $715,000 · Sold 4.2% below asking · Closed June 12, 2025

41 W 16th Street #2-B
Closed For Sale Co-op

$715,000

$1,407 per sq ft

41 W 16th Street #2-B

Flatiron, Manhattan

MLS® #RLS11026877

RLS at REBNY

Listing by PARALLEL REAL ESTATE NYC

1

Bedroom

1

Bath

508

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 508 sq ft
Year Built 1925
Ownership Co-op
Maintenance $1,168/mo
Neighborhood Flatiron
Floor 2 of 5

Property Highlights

  • Exposure: West facing
  • Style: Prewar,WalkUp architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 5
Exposure West
Cooling Wall Units
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1925
Living Area 508 sq ft
Architectural Style Prewar,WalkUp
Block/Lot 818/13

Listing History

Event Date Price Change
Listed Aug 1, 2024 $715,000 -
Currently May 17, 2026 $715,000 -

Description

This exclusive 1 bedroom, 1 bathroom coop in the heart of Flatiron features a spacious layout with garden views and soaring ceilings. Located in a self-managed, 9-unit building, the apartment is flooded with natural light and boasts high-end finishes throughout. With ample storage and thoughtful details like recessed lighting and custom cabinetry, the home blends classic New York charm with modern luxury.

Perfectly situated in the heart of Flatiron, this apartment offers unrivaled convenience. Enjoy easy access to Chelsea, Union Square, and premier dining, shopping, and entertainment. With excellent public transportation nearby, this home is the ideal base for city living.

The apartment features 11.5’ ceilings, recessed lighting, and hardwood floors throughout. The kitchen is equipped with white marble countertops, custom lacquer cabinetry, and high-end Miele appliances. Custom shelving throughout provides ample storage, adding to the home’s thoughtful design.

The sleek kitchen is equipped with white marble countertops, custom white lacquer cabinetry, and high-end Miele appliances, blending elegance with functionality. The spacious living and dining area is perfect for entertaining or relaxing, with dedicated seating and dining spaces, plus custom shelving to display your personal style. The bedroom is flooded with natural light and offers a serene garden view, along with ample closet space for added convenience. The stylish bathroom features a walk-in shower with frameless glass doors, completing the home’s thoughtful design.

The garden view provides a peaceful outdoor retreat, offering a tranquil escape in the heart of the city.

This well-appointed building offers a range of convenient amenities, including a bike room and on-site laundry. Flexible ownership options make it ideal for various lifestyles—co-purchase, gifts, and parents buying are all allowed. The building also accepts guarantors and allows sublets, pied-à-terre living, and pets, making it a perfect choice for both full-time residents and part-time homeowners.

This exclusive apartment offers the perfect blend of luxury, convenience, and tranquility.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Storage Building Roof Deck

Building Information

Building Data View Compliance & Permits
Stories 5
Style Prewar,WalkUp

Financial Details

Maintenance $1,168/mo
Sale Price $685,000

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

134

Median Asking Price

$2.32M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

8

Price Reduced

33%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/17/26, 10:33 AM EST

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Location

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41 W 16th Street #2-B, Flatiron, New York County • Near Fifth Avenue/Avenue of the Americas

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
M2-1
Zoning District

Tax & Assessment

Assessed Value: $228,600
Land Value: $36,450
Exemptions: $0

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

Lot Area: 4,617 SF
Building Area: 4,500 SF
Built FAR: 0.97

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 $1,168 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 508 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 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 $715,000 for 508 sq ft, the asking price per square foot is approximately $1,407. 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: RLS11026877
First Listed: 1/2/2025
On Market: 8/1/2024
Closed: 6/12/2025
Contract Date: 8/1/2024

Listing Courtesy of PARALLEL REAL ESTATE NYC - Spencer Rhoda

Listing Contact: (917) 993-0785

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 5/17/2026 at 2:33 PM UTC

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