SOLD FOR $535,000
· Sold at asking price · Closed October 22, 2026
$535,000
16 W 16th Street #5HN
Chelsea Lane
MLS® #RLS20097979
Listing by Compass
Studio
1
Bath
N/A
Sq. Ft.
1964
Year Built
Sale Details
Property Summary
Description
Renovated sunny south-facing studio in a full service building in prime Flatiron/Union Square location now available for sale. This long and spacious studio easily has space for a bedroom area, living area and dining. The open and pass-through kitchen features stainless steel appliances including a dishwasher and 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 working 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. Sublet policy is live 5 years and then rent for 4 years, board approval required. Flip tax is paid by seller. Small assessment until Jan 2027 for Local Law 11 work.
Property Details
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Listing courtesy of Florence Ng at Compass. 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. This 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.