Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $665,000

· Closed April 26, 2016

16 W 16TH Street #4GN
Closed For Sale Co-op

$665,000

16 W 16TH Street #4GN

Chelsea, Manhattan

Chelsea Lane

MLS® #RLS10089094

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $785/mo
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths null Full
Exposure South
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1964
Parking Garage Available
Parcel # 0817-0029-00016-000-00004GN

Listing History

Event Date Price Change
Listed Dec 11, 2015 $675,000 -
Currently May 14, 2026 $665,000 -1.5%

Description

Welcome home to your extra-large alcove studio, easily convertible into a Junior 1-bedroom. The property was completely renovated in 2008 with new kitchen, including Bosch and Liebherr stainless steel appliances, new bathroom and in-wall AC unit. The home is pin-drop quiet and has southern exposures, overlooking the lovely planted courtyard.

The Chelsea Lane is a full-service cooperative including a 24-hour doorman/renovated attended lobby, on-site laundry, live-in resident manager, storage, bike storage and adjacent garage. The Chelsea Lane is ideally situated off of Fifth Avenue's best shopping, dining and nightlife, and is at the crossroads to the Greenwich Village, Chelsea, Madison Square Park, Whole Foods, Trader Joe's, and Union Square, including multiple subway lines for easy access to anywhere in Manhattan or the surrounding areas.

The Board allows co-purchasing and pied-e-terres. Pets allowed with board approval. Inquire about sublet policy.

Showings are by private appointment only.

Building Information

Financial Details

Maintenance $785/mo
Original Price $675,000
Previous Price $675,000

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

318

Median Asking Price

$1.72M

Median $/Sqft

$1,734

Avg Days on Market

N/A

New This Week

19

Price Reduced

32%

Sold (30 Days)

32

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/14/26, 11:59 AM EST

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Location

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16 W 16TH Street #4GN, 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

1964
Year Built
62 years old
14
Floors
481
Residential Units
C6-2M
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $44,628,750
Land Value: $6,294,150
Exemptions: $537,283

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

Lot Area: 45,223 SF
Building Area: 403,741 SF
Built FAR: 8.93
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 $785 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1964, making it approximately 62 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: RLS10089094
First Listed: 12/11/2015
Price Changed: 4/26/2016
Closed: 4/26/2016
Contract Date: 12/11/2015

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Barry Herbst

Listing Contact: (212) 588-5673

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 5/14/2026 at 3:59 PM UTC

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