Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
161 W 16TH Street #8K

For Sale · Listing by Douglas Elliman Real Estate

161 W 16TH Street #8K

Chelsea, Manhattan

$1,200,000

Interested in this property?
Active For Sale Co-op

$1,200,000

$1,500 per sq ft

161 W 16TH Street #8K

Chelsea, Manhattan

MLS® #RLS20112886

RLS at REBNY

Listing by Douglas Elliman Real Estate

1
Bedroom
1
Bath
800
Sq. Ft.
1929
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 800 sq ft
Year Built 1929
Ownership Co-op
Maintenance $2,008/mo
Neighborhood Chelsea
Floor 20 of 19

Property Highlights

  • Views: Other
  • Exposure: West facing
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 20 of 19
View Other
Exposure West
Pets DogsOk, Yes
Year Built 1929
Living Area 800 sq ft
Structure Type HighRise
Basement Other
Parcel # 0792-1302-00161-000-000008K
Block/Lot 00792/7504

Listing History

Event Date Price Change
Listed Sep 7, 2026 $1,200,000 -
Currently Sep 7, 2026 $1,200,000 -

Description

Gorgeous prewar 1 bedroom, located in the heart of Chelsea! This beautiful, west facing, apartment sits on the 8th floor and features fantastically large rooms including a kitchen with a window onto 7th Avenue. Adjacent to the kitchen is the generously sized living room that has plenty of room for a living, dining and home office area. The bedroom is so large it can fit a king sized bed, dresser and more. Other features include a custom walk in closet, high beamed ceilings, large foyer and hardwood floors to complete this fantastic home! 161 West 16th Street is an incredible full-service coop building that features a restored Art Deco lobby, roof deck with panoramic city views, central laundry and bike storage. The co-op has impeccable financials and the staff is best of the best. Formerly known as the Barneys Building, this building has staff with 24 hour doorman, live-in superintendent, and porter. In the heart of vibrant Chelsea, 161 West 16th Street is easily accessible to transportation, and all that the Chelsea, Greenwich Village, West Village, Union Square and Flatiron neighborhoods have to offer. Pied-a-Terre's and gifting are all allowed. Sublets considered after 1 year of ownership and with board approval. Building is pet friendly! Washer/Dryer is permitted in unit with board approval! Heat, water, cooking gas and Verizon internet are all included in the maintenance! (Separate $40 charge for Verizon) There is a 2% flip tax split 50/50 by the buyer and seller at closing

Features & Amenities

Interior Features

High Ceilings Walk In Closets Building Other

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 156
Stories 19
Structure HighRise

Financial Details

Maintenance $2,008/mo

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

189

Median Asking Price

$1.70M

Median $/Sqft

$1,852

Avg Days on Market

N/A

New This Week

7

Price Reduced

41%

Sold (30 Days)

40

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 9/7/26, 1:07 PM EST

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Location

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161 W 16TH Street #8K, Chelsea, New York County

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 $2,008 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1929, making it approximately 97 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,200,000 for 800 sq ft, the asking price per square foot is approximately $1,500. 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 [email protected]. 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: RLS20112886
First Listed: 9/7/2026
On Market: 9/7/2026
Price Changed: 9/7/2026
Contract Date: 9/7/2026

Listing Courtesy of Douglas Elliman Real Estate - Michael Joshua Falchiere

Listing Contact: (516) 458-1587

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 9/7/2026 at 5:07 PM UTC

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Chelsea Market Update

40 sales last 30 days · $1.70M median · 4.7 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Chelsea Borough Manhattan
County New York
Floor 20 of 19
Year Built 1929
First Listed 9/7/2026
Living Area 800 sqft
Maintenance $2,008/mo

Monthly Costs Estimate

Down Payment 20%

$240,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $2,008
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$12,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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