Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16TH Street #10LS
Closed For Sale Co-op

$717,500

$1,196 per sq ft

16 W 16TH Street #10LS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS20003692

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

600

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 600 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,155/mo
Parking Garage
Neighborhood Flatiron
Floor 10 of 14

Property Highlights

  • Views: River
  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 10 of 14
View River
Exposure North
Cooling Wall Units
Pets Yes
Year Built 1964
Living Area 600 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00010LS
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Jan 28, 2025 $725,000 -
Currently May 9, 2026 $717,500 -1.0%

Description

This was once an enormous alcove studio but, has been beautifully converted into a comfortable and functional one-bedroom home. A wall of oversized windows allows for an abundance of natural light throughout the day, and the northern exposure over the building's private courtyard ensures peace and tranquility. The apartment features crown molding, several large closets, oak strip flooring, and through-wall air conditioning.
The kitchen boasts a large breakfast bar, stainless steel appliances, granite countertops, and a pantry closet. The jumbo living room can easily accommodate dining, relaxing, and office areas. The bedroom can fit a queen bed, and the dressing area nook has ample space for closet and drawer storage. The bathroom has been updated with modern fixtures.

Boasting extremely low monthly maintenance for a full-service building. The Chelsea Lane offers a genial 24-hour front-desk staff, a live-in super, an on-site resident manager, laundry rooms in both towers, storage and bike rooms, and even a parking garage that is accessible from the building's service elevator. The recently renovated lobby features bright lights and new fixtures, looking out on a pleasant viewing garden between the towers. Residents may exit on 16th or 15th Streets.
Located at the crossroads of Union Square, Flatiron, Chelsea, Greenwich Village, and the West Village. Short walk to the F/M, N/Q/R/W, 4/5/6, 1/2/3, and L subways and the 14th Street Path train for easy commutes anywhere in the city.
Coop board approval required. Co-purchasing, guarantor, parent buying for employed children, and pied-a-terre arrangements allowed. Subletting allowed - must live in unit for 5 years and then sublet for 4 years max. 20% down payment required.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

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

Financial Details

Maintenance $1,155/mo
Original Price $725,000
Sale Price $717,500
Previous Price $725,000

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

134

Median Asking Price

$2.25M

Median $/Sqft

$1,761

Avg Days on Market

N/A

New This Week

14

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.16M

Live data from RLS at REBNY • Updated 5/9/26, 12:51 PM EST

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Location

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16 W 16TH Street #10LS, Flatiron, New York County

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 $1,155 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $717,500 for 600 sq ft, the asking price per square foot is approximately $1,196. 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: RLS20003692
First Listed: 2/18/2025
On Market: 1/28/2025
Price Changed: 6/12/2025
Closed: 6/11/2025
Contract Date: 2/18/2025

Listing Courtesy of Corcoran Group - Stuart Moss

Listing Contact: (646) 642-0603

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 5/9/2026 at 4:51 PM UTC

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