Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $430,000

Listed at $440,000 · Sold 2.3% below asking · Closed December 12, 2017

228 W 16th Street #C
Closed For Sale Co-op

$440,000

228 W 16th Street #C

Chelsea, Manhattan

MLS® #RLS10091417

RLS at REBNY

Listing by New York Living Solutions

Studio

1

Bath

N/A

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1901
Ownership Co-op
Maintenance $737/mo
Neighborhood Chelsea
Floor 1 of 5

Property Highlights

  • Style: Prewar architecture
  • Climate Control: Window Units
  • Character: Pre-war building (1901)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths null Full
Floor 1 of 5
Cooling Window Units
Pets Yes
Cross Street Seventh Avenue and Eighth Avenue
Year Built 1901
Architectural Style Prewar
Parcel # 0765-0059-00228-000-000000C

Listing History

Event Date Price Change
Listed Jul 24, 2017 $440,000 -
Currently May 10, 2026 $440,000 -

Description

Rare opportunity to design your own home in the heart of Chelsea. Apartment is in need of work but the space is here to make it happen. Large sun-filled back yard area to enjoy here in the best part of Manhattan. Five windows in this sub-level studio apartment. 2 Windows in the kitchen, 2 South-facing windows in the living area and a windowed bath. This is a studio on a lovely tree lined street between 7th & 8th Avenues. Low Maintenance of $737.25/month and no assessments. Pets allowed. Pied-a-Terres allowed. Easy sub-letting policy.

Transportation is at the corner of 8th Ave. for the A-C-E trains or 7th Ave. for the 1-2 trains. PATH trains plus F,V,B,D,L,N,Q & R trains are conveniently close. High Line, Meatpacking district, Chelsea Market, art galleries, renown restaurants and nightlight are all nearby. The area is amazing now but when Hudson Yards opens up, the whole area will probably increase in value mega times over.



Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $737/mo
Sale Price $430,000

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

320

Median Asking Price

$1.66M

Median $/Sqft

$1,756

Avg Days on Market

N/A

New This Week

25

Price Reduced

27%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/10/26, 9:43 AM EST

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Location

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228 W 16th Street #C, Chelsea, New York County • Near Seventh Avenue and Eighth Avenue

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
4
Floors
6
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,236,600
Land Value: $98,999
Exemptions: $1,228,047

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

Lot Area: 2,200 SF
Building Area: 5,257 SF
Built FAR: 2.39
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 $737 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 1901, making it approximately 125 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: RLS10091417
First Listed: 7/24/2017
Closed: 12/12/2017
Contract Date: 7/24/2017

Listing Courtesy of New York Living Solutions - Leslie Hagg

Listing Contact: (917) 673-0104

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 5/10/2026 at 1:43 PM UTC

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