Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $475,000

· Closed December 30, 2021

161 W 16th Street #7-B
Closed For Sale Co-op

$475,000

161 W 16th Street #7-B

Chelsea, Manhattan

MLS® #RLS10623592

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 $1,267/mo
Neighborhood Chelsea
Floor 7 of 20

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 20
Exposure North
Pets Yes
Cross Street Avenue of the Americas/Seventh Avenue
Year Built 1930
Architectural Style Prewar
Block/Lot 792/7504

Listing History

Event Date Price Change
Listed May 16, 2019 $475,000 -
Price Reduced Dec 29, 2021 $510,000 +7.4%

Description

GRACIOUS AND CLASSIC prewar studio in estate condition awaiting your vision. The perfect floor plan with windowed kitchen and superb closet space. Renovation credit of $75,000 available to purchaser. Lovely building with 24 hour doorman, common roof deck, laundry room, bike storage and live-in super. Vibrant central location, convenient to transportation, and all that the Chelsea, Greenwich Village and Flatiron neighborhoods have to offer.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $1,267/mo
Sale Price $475,000
Previous Price $510,000

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

313

Median Asking Price

$1.89M

Median $/Sqft

$1,838

Avg Days on Market

N/A

New This Week

30

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/4/26, 12:59 PM EST

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Location

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161 W 16th Street #7-B, Chelsea, New York County • Near Avenue of the Americas/Seventh Avenue

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 $1,267 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.

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: RLS10623592
First Listed: 5/16/2019
Price Changed: 12/29/2021
Closed: 12/30/2021
Contract Date: 5/17/2019

Listing Courtesy of Compass - Debra Kameros

Listing Contact: (646) 651-4743

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 5/4/2026 at 4:59 PM UTC

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