Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16th Street #12KN
Interested in this property?
Active For Sale Co-op

$1,100,000

16 W 16th Street #12KN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS20095801

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,426/mo
Parking Garage
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Exposure: South facing
  • Climate Control: Other, Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 12 of 14
Exposure South
Heating Wall Furnace
Cooling Other, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1964
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0817-0029-00016-000-00012KN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Jun 4, 2026 $1,100,000 -
Currently Jun 5, 2026 $1,100,000 -

Description

Step into a sanctuary of light and quiet at The Chelsea Lane, one of the neighborhood’s most coveted addresses. This gracious one-bedroom residence is perfectly positioned to overlook the building’s lush, manicured gardens, offering a rare sense of serenity in the heart of the city. Bathed in a soft, natural glow all day long thanks to its southern exposure, the home has been elevated with beautiful new wide board floors that run seamlessly throughout. The layout is designed for effortless living and sophisticated entertaining. The heart of the home is a stunningly renovated kitchen, featuring elegant honed marble countertops and an unusually wide floor space that makes cooking a joy. The oversized living room offers a versatile canvas for hosting friends or relaxing, while the extra-large bedroom feels like a true retreat. Perhaps the most remarkable feature is the abundant storage; with 5 large closets, 3 are massive walk-in closets—a luxury not typically found in this line—you’ll never have to compromise on organization. The transformation is completed by a beautifully renovated marble bathroom, featuring a sleek walk-in shower that lends a spa-like feel to your daily routine. Living at 16 West 16th Street means having the best of Manhattan at your doorstep. The Chelsea Lane is a meticulously maintained building with newly renovated Lobby and hallways, a full staff, including a 24-hour doorman, live-in super, and on-site management. When you aren’t enjoying the building’s peaceful courtyard views, and you’re just seconds away from the Union Square Greenmarket, the world-class dining of Flatiron, and the premier shopping of lower Fifth Avenue. With every major subway line nearby, the entire city is within reach—though with a home this tranquil and thoughtfully updated, you may never want to leave. The Capital Assessment of $375.09 ends february 2027. Seeing is believing!

Features & Amenities

Interior Features

Walk In Closets Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher Gas Cooktop Gas Oven

Building Information

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

Financial Details

Maintenance $1,426/mo

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

137

Median Asking Price

$2.42M

Median $/Sqft

$1,797

Avg Days on Market

N/A

New This Week

7

Price Reduced

36%

Sold (30 Days)

15

Median Sale Price

$2.51M

Live data from RLS at REBNY • Updated 6/4/26, 10:10 PM EST

Similar Listings in Flatiron

View All

Location

Loading map...

16 W 16th Street #12KN, 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 $1,426 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 1 bedroom and 1 full bathroom.

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.

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: RLS20095801
First Listed: 6/4/2026
On Market: 6/4/2026
Price Changed: 6/4/2026
Contract Date: 6/1/2006

Listing Courtesy of Compass - Vicki Musso

Listing Contact: (917) 885-6988

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 6/5/2026 at 2:10 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email