Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
124 W 16th Street #7E
Closed For Sale Condo

$5,500,000

$2,393 per sq ft

124 W 16th Street #7E

Chelsea, Manhattan

MLS® #RLS10958187

RLS at REBNY

Listing by Compass

4

Bedrooms

3

Baths

2,298

Sq. Ft.

2019

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 2,298 sq ft
Year Built 2019
Ownership Condo
HOA/Common Charges $2,770/mo
Property Taxes $47,856/yr
Neighborhood Chelsea
Floor 7 of 12

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full
Floor 7 of 12
Exposure North,South,West
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2019
Living Area 2,298 sq ft
Structure Type HighRise
Flooring Hardwood, Tile
Furnished Unfurnished
Parcel # 0791-1210
Block/Lot 00791/1210

Listing History

Event Date Price Change
Listed Jun 12, 2023 $5,990,000 -
Price Reduced May 6, 2024 $5,790,000 -3.3%
Currently Apr 28, 2026 $5,500,000 -5.0%

Description

4br 3ba boutique doorman condo with private outdoor space in the heart of Chelsea! This sunblasted, sprawling 2,298 SF home has grand scale and an ideal floorplan for entertaining. Soulful yet completely modern and Chelsea Chic Enjoy your south facing terrace- fully equipped with water, electric, and lighting. Glam gourmet custom island kitchen in grey oak with a 5 foot Danube slab countertop and Quartzmaster counter and backsplash. State of the art appliances include Subzero cabinet faced 36" inch refrigerator with ice maker, Miele dishwasher and a Wolf cooktop and oven with a stainless steel vented range hood. The spa-like primary bath features Bianco Dolomite and Bianco Alanur tile and slab, Toto toilet, and Zuma soaking tub. 124 W 16th Street is a boutique condominium with just fifteen residences. The building offers residents a full-time attended lobby, two elevators, fitness center and private storage. Have it all - in the heart of it all! Come see for yourself…today

Features & Amenities

Interior Features

Double Vanity Soaking Tub Common On Floor Common Area In Unit Flooring: Hardwood, Tile Fireplace (1)

Exterior Features

Terrace

Appliances

Dishwasher Gas Cooktop Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 15
Stories 12
Structure HighRise

Financial Details

Common Charges $2,770/mo
RE Taxes $47,856/yr ($3,988/mo)
Original Price $5,990,000
Sale Price $5,500,000
Previous Price $5,790,000

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

306

Median Asking Price

$1.90M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

21

Price Reduced

33%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 11:17 AM EST

Similar Listings in Chelsea

View All

Location

Loading map...

124 W 16th Street #7E, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
R6B
Zoning District

Tax & Assessment

Assessed Value: $130,500
Land Value: $35,100
Exemptions: $130,500

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

Lot Area: 2,000 SF
Building Area: 1,400 SF
Built FAR: 0.7
Allowed FAR: 2

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 common charges are $2,770 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $47,856, or roughly $3,988 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms.

The listed interior living area is 2,298 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2019, making it approximately 7 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,500,000 for 2,298 sq ft, the asking price per square foot is approximately $2,393. 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: RLS10958187
First Listed: 10/26/2023
On Market: 6/12/2023
Price Changed: 5/6/2024
Closed: 5/2/2024
Contract Date: 6/5/2023

Listing Courtesy of Compass - Benjamin Glazer

Listing Contact: (917) 699-3229

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 4/28/2026 at 3:17 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton