Milton Coste

Licensed Real Estate Associate Broker

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

$2,850,000

31 W 16th Street #MAIS

Flatiron, Manhattan

MLS® #RLS10771900

RLS at REBNY

Listing by Heller Organization, The

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built 1925
Ownership Co-op
Maintenance $2,116/mo
Neighborhood Flatiron
Floor 1 of 5

Property Highlights

  • Exposure: North,South facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 1 of 5
Exposure North,South
Cooling Central Air
Pets CatsOk
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1925
Architectural Style Prewar
Block/Lot 818/18

Listing History

Event Date Price Change
Listed Sep 24, 2021 $2,850,000 -
Price Reduced May 19, 2022 $2,975,000 +4.4%

Description

BACK ON MARKET! High design and immaculate renovation merge in this approximately 1,850 square foot, 2 bedrooms, 2.5 bathroom duplex with 618 square foot private garden that is perfect for entertaining.

A private front entrance leads to an elegant foyer and dramatic double-height living space. The upper level offers an open kitchen with large granite and stainless steel island and breakfast bar, custom walnut cabinetry, and top-of-the-line appliances, including Gaggenau oven, Zephr range, Viking microwave, Liebherr refrigerator and built-in Gaggenau cappuccino/espresso machine. The adjacent dining area features a Schonbek chandelier and overlooks the living space.

The expansive double-height great room with 15'4" ceilings creates a dramatic backdrop and features a floor-to-ceiling granite wood-burning fireplace and a mid-century-inspired walnut, travertine, and bronze detailed bar including double wine refrigerators. In addition, the living area features a cinema-sized drop-down 144" motorized projection screen to allow for fabulous screening parties and game-time gatherings. Hidden between the bar and a reading alcove is a powder room featuring large-format porcelain tiles, Duravit WC, and a sculptural floating glass sink.

Relax or entertain in the spectacular landscaped private garden, a peaceful sanctuary that features an outdoor kitchen with custom stainless steel Viking grilling station, built-in lighting, irrigation systems, and planting beds. The quiet garden offers lounging and dining areas perfect for morning meditation and yoga, as well as evenings by the fire pit.

The master bedroom suite boasts floor-to-ceiling custom closets and an en-suite spa-like bathroom with Zuma soaking tub with a jacuzzi, rain shower, handcrafted Bisazza glass tiles, and radiant heated floors. The home office has a customized desk station for two with an abundance of storage and shelving -- this could easily be used as a nursery and/or bonus room. The spacious second bedroom also features an en-suite bathroom and walk-in closet area with built-in storage and radiant heated floors.

Additional features of the duplex include a Mitsubishi four-zone split central air conditioning, vented Miele washer/dryer, a wood-burning fireplace, custom motorized shades, radiant heated floors in the master bath, and entire downstairs level, and fully-wired and integrated AV/electronics system throughout, including Sonos.

Situated on a beautiful tree-lined street in a prime location where Chelsea and Flatiron meet, less than two blocks from Union Square Park, and in close proximity to the High Line elevated park. Nearby, you can find Whole Foods, the Union Square Greenmarket, and Trader Joe's. Less than a block away is the 5th and 6th Avenue shopping and services corridor, with several high-end stores, including Tory Burch, Zara, Sephora, Williams Sonoma, Soul Cycle, as well as Camp, DryBar, and Skin Laundry right on the block. Nearby dining includes ABC Kitchen, Cosme, 15 East, Boqueria, Aldea, Gramercy Tavern, and many other world-class restaurants. New York City's third-largest transportation hub is at Union Square with access to the 4, 5, 6, L, N, Q, R, and W lines, and the F, M, and L lines, and the PATH train are all nearby.

31 West 16th Street is a boutique 5-unit coop in impeccable physical and financial condition as evidenced by the extremely low maintenance.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed New Windows Fireplace

Exterior Features

Garden

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $2,116/mo
Sale Price $2,850,000
Previous Price $2,975,000

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 5/18/26, 7:48 AM EST

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Location

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31 W 16th Street #MAIS, 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

1956
Year Built
70 years old
1
Floors
M2-1
Zoning District

Tax & Assessment

Assessed Value: $638,100
Land Value: $300,843
Exemptions: $0

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

Lot Area: 25,155 SF
Building Area: 875 SF
Built FAR: 0.03

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 $2,116 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

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.

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: RLS10771900
First Listed: 9/24/2021
Price Changed: 5/19/2022
Closed: 5/9/2022
Contract Date: 7/13/2018

Listing Courtesy of Heller Organization, The - Adam Heller

Listing Contact: (212) 366-5034

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 11:48 AM UTC

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