Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $625,000

· Closed January 11, 2023

16 W 16TH Street #4BS
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Closed For Sale Co-op

$625,000

16 W 16TH Street #4BS

Flatiron, Manhattan

CHELSEA LANE

MLS® #RLS10819777

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,011/mo
Parking Garage
Neighborhood Flatiron
Floor 4 of 14

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 14
Exposure South
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Parking Garage Available
Parcel # 0817-0029-00016-000-00004BS

Description

Bring your architect to Chelsea Lane! This large 1BR is the perfect (and rare) opportunity to create your ideal dream home from scratch. The 9' ceilings and southern exposure create a feeling of space and calm, and the generously-sized floorplan easily allows separate living, dining, and office areas. Additionally. the hardwood floors are in excellent condition.

A full-service co-op, Chelsea Lane's optimal downtown location is central to all the restaurants, retail, and transit options that are only seconds away, and enjoys immediate proximity to Union Square, Greenwich Village, Chelsea, Flatiron, Washington Sq Park, Fifth Ave, and the 4/5/6/N/Q/R/W/F/M/1 trains. The building features: 24-hour doorman + a staff of porters and handymen, a resident super, laundry facilities, on-site parking garage, storage, and a bike room. 80% financing allowed. Subletting, pied-a-terre, co-purchasing, guarantors, and pets all permitted with board approval.

Building Information

Building CHELSEA LANE
Total Units 489
Stories 14

Financial Details

Maintenance $1,011/mo
Sale Price $625,000

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

121

Median Asking Price

$2.29M

Median $/Sqft

$1,724

Avg Days on Market

N/A

New This Week

7

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.80M

Live data from RLS at REBNY • Updated 3/24/26, 9:28 AM EST

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Location

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16 W 16TH Street #4BS, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan
MLS® ID: RLS10819777
First Listed: 9/14/2022
Price Changed: 9/14/2022
Closed: 1/11/2023
Contract Date: 9/6/2022

Listing Courtesy of Douglas Elliman Real Estate - Matt Sadewitz

Listing Contact: (973) 229-2398

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 3/24/2026 at 1:28 PM UTC

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