Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,700,000

· Closed June 1, 2022

55 W 16TH Street #9
Closed For Sale Co-op

$3,700,000

$1,609 per sq ft

55 W 16TH Street #9

Chelsea, Manhattan

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MLS® #RLS10774553

RLS at REBNY

Listing by Argo Residential

2

Bedrooms

2

Baths

2,300

Sq. Ft.

1904

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,300 sq ft
Year Built 1904
Ownership Co-op
Maintenance $3,080/mo
Neighborhood Chelsea
Floor 9 of 9

Property Highlights

  • Exposure: East,North,South,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1904)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 9 of 9
Exposure East,North,South,West
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1904
Living Area 2,300 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Sep 4, 2021 $3,795,000 -
Currently May 3, 2026 $3,700,000 -2.5%

Description

LIGHT VIEWS SPACE and CHARM at the intersection of Flatiron, Greenwich Village and Chelsea, this expansive space has North, South, East and West exposures. Formally the May O'Donnell Concert Dance Company this classic, one-of-a-kind, MINT condition high floor LOFT retains its charming historic details throughout from the original ballet barres to the exposed brick walls and beautiful hardwood floors, all meticulously maintained. Direct elevator access opens onto a sunlit formal living space with an alcove home office and views of The Church of St. Francis of Xavier. Currently configured as a 2 bedroom, 2 bathroom with a formal living room plus a large den / game room, the layout easily lends itself to accommodate a third bedroom and is customizable to suit your needs. 55 West 16th Street is an intimate, friendly Cooperative with full floor lofts, 24hr "on call" superintendent and very LOW monthly maintenance charges. A rare find!

Located equidistant to Union Square and the farmers market, and the Meatpacking district and Highline, you will not run out of farm-fresh produce or entertainment! All showings are by appointment and begin Tuesday September 7th

Pet Friendly
Top of the line appliances and lighting
Walk-in Pantry
Laundry Room / Mud Room with direct freight access

Building Information

Financial Details

Maintenance $3,080/mo
Original Price $3,795,000
Sale Price $3,700,000
Previous Price $3,795,000

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

307

Median Asking Price

$1.81M

Median $/Sqft

$1,834

Avg Days on Market

N/A

New This Week

24

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/3/26, 7:55 PM EST

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Location

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55 W 16TH Street #9, Chelsea, New York County • Near Fifth Avenue/Avenue of the Americas

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
10
Floors
9
Residential Units
C6-2A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,384,700
Land Value: $1,714,500
Exemptions: $9,160

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

Lot Area: 2,760 SF
Building Area: 25,639 SF
Built FAR: 9.29
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 $3,080 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 2,300 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1904, making it approximately 122 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 $3,700,000 for 2,300 sq ft, the asking price per square foot is approximately $1,609. 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: RLS10774553
First Listed: 9/4/2021
Price Changed: 6/2/2022
Closed: 6/1/2022
Contract Date: 9/4/2021

Listing Courtesy of Argo Residential - Eric Bottomley

Listing Contact: (212) 896-8600

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 5/3/2026 at 11:55 PM UTC

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