Under Contract – Backup offers may be accepted
16 W 16th Street #10FS
MLS® #RLS11026697
Listing by Compass
- Studio
- 1
- Bath
- N/A
- Sq. Ft.
- 1964
- Year Built
Quick Summary
Property Highlights
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 15, 2026 | $525,000 | - |
| Price Reduced | Oct 27, 2025 | $460,000 | -12.4% |
| Currently | Jul 30, 2026 | $440,000 | -4.3% |
Description
Back on the market! Welcome to Apartment 10FS at The Chelsea Lane—a pin-drop quiet, oversized studio overlooking a lush courtyard in the heart of Flatiron/Chelsea, just off Fifth Avenue and one block from Union Square. Freshly painted and move-in ready, the north-facing home is extremely functional and has plenty of closet space, and a long layout that can accomodate your sleeping, entertaining, and dining furniture. The kitchen wall can easily be opened up if you wanted to add a breakfast bar. The Chelsea Lane is a coveted full-service co-op featuring a 24-hour doorman, live-in superintendent, remodeled lobby, tech-friendly laundry room, and a beautifully landscaped viewing-courtyard. Pied-à-terres, co-purchasing, gifting, and parents buying for children are allowed, and pets are welcome upon board approval. Located near multiple subway lines, Union Square Park, Trader Joe’s, Whole Foods, and countless dining options, it offers unmatched convenience for an unbeatable downtown lifestyle.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.
Flatiron Live Market Data
View NeighborhoodActive Listings
115
Median Asking Price
$2.19M
Median $/Sqft
$1,761
Avg Days on Market
N/A
New This Week
3
Price Reduced
34%
Sold (30 Days)
1
Median Sale Price
$2.60M
Live data from RLS at REBNY • Updated 7/30/26, 3:52 PM EST
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Location
16 W 16th Street #10FS, Flatiron, New York County
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Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,170 per month. Confirm the exact amount with Milton Coste 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 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: Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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) 416-7433Listing Courtesy of Compass - Florence Ng
Listing Contact: (917) 696-7732
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 Data display by Keller Williams NYC. Data last updated on 7/30/2026 at 7:52 PM UTC
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Quick Facts
Monthly Costs Estimate
$88,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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