Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,650,000

· Closed November 15, 2022

54 W 16th Street #3-B
Closed For Sale Co-op

$1,650,000

54 W 16th Street #3-B

Flatiron, Manhattan

MLS® #RLS10835811

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1955
Ownership Co-op
Maintenance $2,434/mo
Parking Garage
Neighborhood Flatiron
Floor 3 of 15

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 3 of 15
View City
Exposure North,West
Cooling Window Units
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1955
Parking Garage Available
Block/Lot 817/85

Listing History

Event Date Price Change
Listed May 4, 2022 $1,650,000 -
Price Reduced Nov 15, 2022 $1,685,000 +2.1%

Description

Welcome to 54 West 16th Street, #3B - a spacious, sunny, and inviting corner two bedroom, two bath home perfectly located at the crossroads of Flatiron, Chelsea and Greenwich Village. Nestled among the best neighborhoods in Manhattan, this tranquil and residential block combines the luxury of a peaceful home with endless conveniences of New York City life incredible restaurants, cafes, parks, shopping and transportation just around the corner. Spanning 30 feet, the bright and oversized living and dining area is the perfect space to relax, dine, entertain and work comfortably. Why choose between formal dining and casual hors-d'oeuvres when you can have both? With a separate dining area and a huge contemporary kitchen, you can have it all! Flaunt your cooking skills in the windowed open chef's kitchen, which is equipped with brand new GE stainless steel appliances, a wine fridge, copious storage, and a sizable work-from-home area with plenty of counter space. A wide kitchen passthrough overlooks the bright and airy living room, creating an open flow between the rooms while maintaining their individuality. Large north-facing windows overlook West 16th Street and welcome plenty of sunlight. Truly king sized, the corner primary bedroom includes a windowed ensuite bath, with a second full bath conveniently positioned next to the second bedroom. The second bedroom is nearly as spacious as the primary, and both bedrooms feature great custom-built closets and large windows with wonderful western exposure. Just a few blocks away from Madison Square Park, Washington Square Park, Little Island, and the Highline, West 16th Street offers convenient access to the best that downtown Manhattan has to offer. Easy access to all subway lines, and close proximity to incredible restaurants, museums, parks, Fifth and Sixth Avenue shopping, Trader Joe's, Whole Foods, Garden of Eden, Union Square Farmer's Market, Chelsea Market and more... this home is one you do not want to pass up. The Greenwich House is a diligently-run co-op with great amenities, including a part-time doorman, live-in super, full-time handyman, bike room, underground garage, and roof-deck with stunning open city views. Storage units available as well.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $2,434/mo
Sale Price $1,650,000
Previous Price $1,685,000

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

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, 2:32 AM EST

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Location

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54 W 16th Street #3-B, 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

2012
Year Built
14 years old
4
Floors
2
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $238,200
Land Value: $10,020
Exemptions: $0

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

Lot Area: 1,393 SF
Building Area: 4,158 SF
Built FAR: 2.98
Allowed FAR: 3

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 $2,434 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1955, making it approximately 71 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: RLS10835811
First Listed: 5/4/2022
Price Changed: 11/15/2022
Closed: 11/15/2022
Contract Date: 5/4/2022

Listing Courtesy of Compass - Michael Johnson

Listing Contact: (646) 436-6453

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 6:32 AM UTC

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