Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16th Street #6FN
Interested in this property?
Active For Sale Co-op

$799,000

$1,332 per sq ft

16 W 16th Street #6FN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS20075730

RLS at REBNY

Listing by Compass

Studio

1

Bath

600

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 600 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,153/mo
Parking Garage
Neighborhood Flatiron
Floor 6 of 14

Property Highlights

  • Views: Garden
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 6 of 14
View Garden
Pets Yes, CatsOk, DogsOk
Year Built 1964
Living Area 600 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0817-0029-00016-000-00006FN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Mar 7, 2026 $825,000 -
Currently May 1, 2026 $799,000 -3.2%

Description

RENOVATED JR 1 BEDROOM...... Welcome to this bright and spacious alcove studio at the coveted Chelsea Lane, offering the versatility to easily convert into a true one-bedroom (see alternative floor plan to add wall). The home features newly installed wide-plank oak hardwood floors that add warmth and sophistication throughout, complemented by a full wall of windows facing the plush interior courtyard. The beautifully renovated kitchen is outfitted with stainless steel appliances, sleek cabinetry, and modern finishes, making it both stylish and functional. The tastefully renovated windowed-bathroom continues the contemporary feel with clean lines and quality materials. Custom closets provide smart storage solutions, maximizing every inch of space. The Chelsea Lane is a highly regarded full-service cooperative just off Fifth Avenue. Residents enjoy a beautifully landscaped courtyard, 24-hour doorman, porters, and a live-in resident manager. Additional amenities include an on-site garage, storage units, and bike storage. Perfectly situated, you’ll be moments from multiple subway lines, premier shopping, vibrant nightlife, and some of the city’s best dining. Gifting, Guarantors, Parent buying and Pied-a-terres allowed. Sublease: Shareholder must live in unit for a total of 5 years before they can sublease. Sublease total is for 4 years. Pets welcome! $302.26 assessment in place until Feb. 2027

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden

Building Amenities

Bike Storage Elevators

Building Information

Building Chelsea Lane
Building Data View Compliance & Permits
Total Units 489
Stories 14
Structure MultiFamily

Financial Details

Maintenance $1,153/mo
Original Price $825,000
Previous Price $825,000

The 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 Neighborhood

Active Listings

124

Median Asking Price

$2.22M

Median $/Sqft

$1,741

Avg Days on Market

N/A

New This Week

4

Price Reduced

27%

Sold (30 Days)

6

Median Sale Price

$2.75M

Live data from RLS at REBNY • Updated 5/1/26, 9:32 AM EST

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Location

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16 W 16th Street #6FN, Flatiron, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
14
Floors
481
Residential Units
C6-2M
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $44,628,750
Land Value: $6,294,150
Exemptions: $537,283

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

Lot Area: 45,223 SF
Building Area: 403,741 SF
Built FAR: 8.93
Allowed FAR: 6.02

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 $1,153 per month. Confirm the exact amount with the listing broker 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.

The listed interior living area is 600 square feet. Verify dimensions independently during due diligence.

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 the listing broker for weight limits or breed restrictions.

At the current list price of $799,000 for 600 sq ft, the asking price per square foot is approximately $1,332. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20075730
First Listed: 3/7/2026
On Market: 3/7/2026
Price Changed: 4/22/2026
Contract Date: 3/7/2026

Listing Courtesy of Compass - RACHEL I KOENIG

Listing Contact: (917) 572-5098

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 5/1/2026 at 1:32 PM UTC

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