Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $717,500

Listed at $775,000 · Sold 7.4% below asking · Closed August 5, 2024

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

$775,000

$1,292 per sq ft

16 W 16TH Street #12FS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10979911

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

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 $1,128/mo
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Views: Other
  • Exposure: East facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 12 of 14
View Other
Exposure East
Cooling Wall Units
Pets Yes
Year Built 1964
Living Area 600 sq ft
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00012FS
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Mar 14, 2024 $775,000 -
Currently May 13, 2026 $775,000 -

Description

12FS at The Chelsea Lane is a stunning 1 bedroom apartment with a recently renovated bath, updated kitchen, and gorgeous, wide-plank flooring throughout. The living space stretches 20' and offers multiple nooks for dining and work from home. Recently renovated, the bathroom features an extra-large, recessed medicine cabinet, freshly tiled bath surround, and an oak-paneled vanity. The updated kitchen includes ample storage, oversized Fisher-Paykel fridge, gas range, and stainless steel dishwasher.

Located in the Flatiron District with an enviable mid-block disposition, 16 West 16th Street is the perfect combination of convenience and calm. This expertly-run co-op includes full-time staff & 24hr doorman, live-in super, separately managed garage, a gorgeously renovated lobby, storage, laundry, and bike room. Eminently easy access: Union Square's 7 train lines and weekly farmer's markets, Greenwich Village, Madison Square Park, and all that Lower Manhattan has to offer. The building allows 80% financing and the 2% flip tax is paid by the seller.

Features & Amenities

Interior Features

Dining Area Smoke Free Building None

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Storage

Building Information

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

Financial Details

Maintenance $1,128/mo
Sale Price $717,500

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

133

Median Asking Price

$2.29M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$2.54M

Live data from RLS at REBNY • Updated 5/13/26, 6:37 PM EST

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Location

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16 W 16TH Street #12FS, Flatiron, New York County

Floor Plans

Floor Plan 1

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 $1,128 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 $775,000 for 600 sq ft, the asking price per square foot is approximately $1,292. 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: RLS10979911
First Listed: 3/14/2024
On Market: 3/14/2024
Closed: 8/5/2024
Contract Date: 3/14/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Richard Stanley Gilbert

Listing Contact: (212) 262-1234

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 5/13/2026 at 10:37 PM UTC

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