Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $685,000

· Closed October 31, 2023

161 W 16TH Street #5A
Closed For Sale Co-op

$685,000

161 W 16TH Street #5A

Chelsea, Manhattan

MLS® #RLS10916316

RLS at REBNY

Listing by Sousa Real Estate Inc

Studio

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,303/mo
Neighborhood Chelsea
Floor 5 of 20

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 20
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1930
Structure Type HighRise
Basement Other
Block/Lot 00792/7504

Listing History

Event Date Price Change
Listed Sep 14, 2023 $750,000 -
Price Reduced Nov 6, 2023 $695,000 -7.3%
Currently May 3, 2026 $685,000 -1.4%

Description

5A is one of the largest alcove studio floor plans available in the building. Triple mint with Southern exposure, pre-war details, 9-foot beamed ceilings, and a walk-in closet with ample storage space. Located in the heart of Chelsea in a full service pre-war cooperative with a 24-hour doorman and one of the most beautiful roof decks with panoramic views of the city.

Apartment Features:
Coveted end-of-hall unit with an oversized living / dining area measuring 13 X 19 with a separate sleeping alcove (larger than most in the building) enclosed with French doors that accommodates a queen size bed and more. Incredible natural light from 3 large windows with Southern exposure, hardwood floors throughout, many pre-war details including 9-foot beamed ceilings, and overhead lighting. A windowed renovated kitchen with a full-size dishwasher, stainless steel appliances, and granite countertops and floors. The renovated bathroom with glass enclosed tub / shower and traditional fixtures with a nod to the buildings period architecture is finished with granite floors. The walk-in closet is fitted with an Elfa closet system that is easily customizable to one's own needs.

Building Features:
161 West 16th Street is a full-service cooperative that features a restored Art Deco lobby, 24-hour doorman, live in super, porter, roof deck with views of the Manhattan skyline, central laundry and bike storage.

Located in the heart of Chelsea among the best restaurants, farmers market, and shops in the neighborhood. Accessible to the 1/2/3/A/C/E/F/M/L trains, and all that Chelsea, Greenwich Village, West Village, Union Square and Flatiron have to offer, this perfect turnkey alcove studio is not to be missed.

Pied a terres, pets, co-purchasing and gifts permitted subject to board approval. Flip tax: 1% buyer, 1% seller.

Features & Amenities

Interior Features

Smoke Free Building In Basement

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Stories 20
Structure HighRise

Financial Details

Maintenance $1,303/mo
Original Price $750,000
Sale Price $685,000
Previous Price $695,000

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

305

Median Asking Price

$1.79M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

22

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/3/26, 4:53 AM EST

Similar Listings in Chelsea

View All

Location

Loading map...

161 W 16TH Street #5A, Chelsea, New York County

Floor Plans

Floor Plan 1

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 $1,303 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 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.

Pet policy requires confirmation with the listing broker.

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: RLS10916316
First Listed: 9/14/2023
On Market: 9/14/2023
Price Changed: 11/6/2023
Closed: 10/31/2023
Contract Date: 3/15/2023

Listing Courtesy of Sousa Real Estate Inc - John Sousa

Listing Contact: (917) 443-4347

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 5/3/2026 at 8:53 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

HDFC Co-ops: Complete Guide

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton