Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16TH Street #2PN
Closed For Sale Co-op

$687,000

16 W 16TH Street #2PN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS11014471

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,041/mo
Parking Garage
Neighborhood Flatiron
Floor 2 of 14

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 14
Exposure South
Cooling Wall Units
Pets Yes
Year Built 1964
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00002PN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Oct 8, 2024 $699,000 -
Currently May 9, 2026 $687,000 -1.7%

Description

Location, Location, Location!

Supreme Doorman building in Top flatiron Location / Very low Monthly Maintenance!

Welcome home to this spacious and serene L shape Studio / Jr one bedroom apartment in the heart of Flatiron near Union Square!

the living room is large and offers plenty of space to accommodate a full living room furniture set, TV station, dining room, home office, and more!. The apartment is south facing and pin drop quite!

The beautiful and spacious kitchen was recently renovated and comes equipped with full size stainless steel appliances, including a dishwasher, and plenty of counter and storage space.

Conveniently located near Union Square, you will enjoy one of the best locations downtown Manhattan has to offer with easy access to several subway lines (N,W,R,Q,L,4,5,6), award winning restaurants, coffee shops, Madison Square Park, Greenwich Village, Chelsea, Gramercy Park, best nightlife, and shopping on lower 5th ave.

The Chelsea Lane is a wonderful building with low monthly maintenance and full time staff of handymen, porters, live in super, and 24 hour doorman. You will love the gorgeous and recently renovated lobby and hallways with no additional assessments. The building also features laundry room, bike room, and more!

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

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

Financial Details

Maintenance $1,041/mo
Original Price $699,000
Sale Price $687,000
Previous Price $699,000

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, 2:49 PM EST

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Location

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16 W 16TH Street #2PN, 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 $1,041 per month. Confirm the exact amount with the listing broker before making an offer.

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.

Pet policy requires confirmation with the listing broker.

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: RLS11014471
First Listed: 10/8/2024
On Market: 10/8/2024
Price Changed: 4/4/2025
Closed: 4/3/2025
Contract Date: 10/8/2024

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - John Guerrero

Listing Contact: (832) 398-2334

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 6:49 PM UTC

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