Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
161 W 16th Street #12D
Closed For Sale Co-op

$850,000

161 W 16th Street #12D

Chelsea, Manhattan

MLS® #RLS20014558

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,439/mo
Neighborhood Chelsea
Floor 12 of 19

Property Highlights

  • Views: City
  • Exposure: South facing
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 12 of 19
View City
Exposure South
Heating Central
Pets Yes, CatsOk, DogsOk
Year Built 1930
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0792-1302-00161-000-000012D
Block/Lot 00792/1302

Listing History

Event Date Price Change
Listed Apr 6, 2025 $825,000 -
Currently Apr 27, 2026 $850,000 +3.0%

Description

Meticulously reimagined by the former head of store design for Ralph Lauren, this south-facing 12th floor home bathes in natural light with sweeping views across the city. The thoughtfully renovated space balances luxury with practicality through ingenious hidden storage, including a cleverly designed Queen-sized platform bed with privacy curtains and a built-in window bench that doubles as dining space. The dreamy, windowed all-white kitchen features a gas Fisher & Paykel range and stainless steel appliances, while a dedicated dressing room with custom closets leads to the brand-new bathroom. Premium wide-plank flooring and high-end lighting throughout satisfy the most discerning tastes. Built during the 1930s Art Deco movement, Chelsea Corners showcases an elegant renovated lobby, full-time doorperson, and a spectacular landscaped roof deck with 360-degree Manhattan views. This coveted address sits at the crossroads of Chelsea, Greenwich Village, and Union Square. The coop considers pets, washer/dryer in unit, pied-à-terre, guarantors, co-purchasing, gifting, parental purchasing and sublets.

Features & Amenities

Interior Features

Built In Features Chandelier Entrance Foyer Recessed Lighting Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood Double Pane Windows Window Treatments

Building Amenities

Elevators

Appliances

Dishwasher Gas Cooktop Range Refrigerator Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 155
Stories 19
Structure MixedUse

Financial Details

Maintenance $1,439/mo
Original Price $825,000
Sale Price $850,000
Previous Price $825,000

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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

22

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/26/26, 8:00 PM EST

Similar Listings in Chelsea

View All

Location

Loading map...

161 W 16th Street #12D, Chelsea, New York County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
1
Residential Units
R6B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $84,120
Land Value: $1,920
Exemptions: $0

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

Lot Area: 350 SF
Building Area: 700 SF
Built FAR: 2
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 monthly maintenance are $1,439 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1930, making it approximately 96 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: RLS20014558
First Listed: 4/6/2025
On Market: 4/6/2025
Price Changed: 7/4/2025
Closed: 6/30/2025
Contract Date: 3/24/2025

Listing Courtesy of Compass - David Favale

Listing Contact: (646) 461-6633

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 4/27/2026 at 12:00 AM UTC

Buying a Co-op? Start Here

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

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

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton