Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

· Closed September 26, 2025

16 W 16th Street #12VN
Closed For Sale Co-op

$700,000

$1,195 per sq ft

16 W 16th Street #12VN

Flatiron, Manhattan

MLS® #RLS11000935

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

586

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 586 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,209/mo
Parking Garage
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 12 of 14
Pets Yes, CatsOk, DogsOk
Year Built 1964
Living Area 586 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 0817-0029-00016-000-00012VN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Aug 16, 2024 $750,000 -
Price Reduced Sep 26, 2025 $725,000 -3.3%
Currently May 9, 2026 $700,000 -3.4%

Description

Welcome to apt 12VN at 16 West 16 Street! This high-floor North-facing junior 1 bedroom apartment has low maintenance fees and is located in the best building in Flatiron. This apartment is looking over beautiful brownstones on a tree-lined block with an open view of historic loft buildings NOT facing into the interior gardens of this building. The sunny apartment features a functional kitchen with stainless steel appliances. A breakfast bar/island can easily be installed. The extra long living room can easily accommodate dining and entertaining furniture. The bedroom alcove can easily fit a queen bed. The bathroom has been updated with modern fixtures. Two large closets throughout the apartment. Air conditioning is through the wall. The super low maintenance includes water, heat and cooking gas. The Chelsea Lane is the best full-service building and features a 24-hour door staff, live-in super, on-site resident manager, laundry rooms in both towers, storage and bike rooms, and even a parking garage. There is a viewing garden that connects the North and South towers. Coop board approval required. Co-purchasing, guarantor, parent buying for “working children” and pied-a-terre all allowed. Subletting allowed – must live for 5 years and then sublet for 4 years max. 20% down payment required. Be walking distance to the best nightlife, restaurants, bars, shopping of Flatiron, Chelsea, Greenwich and West Village. Conveniently located near Union Square. Close to the F, M, 4, 5, 6, N, Q, R, L and Path trains. 

Features & Amenities

Interior Features

Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 489
Stories 14
Structure MultiFamily

Financial Details

Maintenance $1,209/mo
Original Price $750,000
Sale Price $700,000
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, 10:51 AM EST

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Location

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16 W 16th Street #12VN, 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 $1,209 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.

The listed interior living area is 586 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 $700,000 for 586 sq ft, the asking price per square foot is approximately $1,195. 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: RLS11000935
First Listed: 8/16/2024
On Market: 8/16/2024
Price Changed: 9/26/2025
Closed: 9/26/2025
Contract Date: 8/16/2024

Listing Courtesy of Compass - Florence Ng

Listing Contact: (917) 696-7732

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 2:51 PM UTC

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