Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $850,000

· Closed March 28, 2022

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

$850,000

16 W 16TH Street #4TS

Flatiron, Manhattan

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MLS® #RLS10763893

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,171/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
Year Built 1964
Parking Garage Available
Parcel # 0817-0029-00016-000-00004TS

Listing History

Event Date Price Change
Listed Jan 18, 2022 $929,000 -
Price Reduced Apr 4, 2022 $899,000 -3.2%
Currently May 18, 2026 $850,000 -5.5%

Description

Highly sought after over-sized full 1 Bedroom at The Chelsea Lane. This meticulously renovated home offers high-end designer finishes and a sunny southern exposure over West 15th Street. At the center of this home is a fully equipped cooks kitchen with custom cabinets, stone counter-tops and stainless steel appliances. The super Lux master bath is the perfect place to start or end your day. With no detail overlooked, special attention was given to the custom built-ins/moldings and new hardwood floors throughout. Incredible closet space completest the picture in this very special home! The Chelsea Lane is a 24 hour doorman bldg with live-in super and on-site managing agent. There is a full staff of handymen and porters, laundry, storage, bike room and garage access. Conveniently located near Union Square Farmers Market, lower Fifth Avenue/Flatiron shopping district and all major public transportation.

Building Information

Financial Details

Maintenance $1,171/mo
Original Price $929,000
Sale Price $850,000
Previous Price $899,000

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

138

Median Asking Price

$2.38M

Median $/Sqft

$1,791

Avg Days on Market

N/A

New This Week

11

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 10:36 AM EST

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Location

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16 W 16TH Street #4TS, 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 $1,171 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.

Pets are permitted at this property. 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: RLS10763893
First Listed: 1/18/2022
Price Changed: 4/4/2022
Closed: 3/28/2022
Contract Date: 10/5/2021

Listing Courtesy of Corcoran Group - Dennis Margulies

Listing Contact: (212) 645-4040

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 5/18/2026 at 2:36 PM UTC

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