Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $720,000

Listed at $745,000 · Sold 3.4% below asking · Closed March 2, 2020

16 W 16TH Street #12FN
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Closed For Sale Co-op

$745,000

16 W 16TH Street #12FN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10597776

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $936.03/mo
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 12 of 14
Exposure South
Cooling Wall Units
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Parcel # 0817-0029-00016-000-00012FN

Description

A wonderful junior 1 bedroom to call your own in the heart of the Flatiron! This spacious, renovated home features an open kitchen, stainless steel appliances, three large closets, plenty of kitchen storage, hardwood floors and a rainfall shower system. The bedroom can accommodate a full or queen sized bed and the living room offers ample space for either a dining area or home office area. Located just off Fifth Avenue and a few blocks from Union Square, the Chelsea Lane is one of the Flatirons most sought after buildings. The building is full service, with a 24 hour doorman, live-in super and low monthly maintenance. The building also features a new laundry system which permits owners to control their laundry cycles from their cell phones and receive notifications when the cycles are finished, making it easy for you to go about your day rather than waiting around! Youre just minutes away from fantastic shopping and great amenities like Whole Foods, Trader Joes and the Union Square Green Market along with multiple subway lines. Pets are permitted with board approval. Subletting permitted after 2 years of ownership for a total of 5 years (consecutive years not required). Pied-a-terres and guarantors permitted.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building Chelsea Lane
Total Units 489
Stories 14

Financial Details

Maintenance $936.03/mo
Original Price $765,000
Sale Price $720,000

The Flatiron District is a vibrant 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

120

Median Asking Price

$2.27M

Median $/Sqft

$1,690

Avg Days on Market

N/A

New This Week

5

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.80M

Live data from RLS at REBNY • Updated 3/25/26, 8:22 AM EST

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Location

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16 W 16TH Street #12FN, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan
MLS® ID: RLS10597776
First Listed: 9/10/2019
Closed: 3/2/2020
Contract Date: 9/3/2019

Listing Courtesy of The Corcoran Group - Nikki R. Thomas

Listing Contact: (347) 948-4582

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 3/25/2026 at 12:22 PM UTC

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