SOLD FOR $700,000
Listed at $710,000 · Sold 1.4% below asking · Closed March 15, 2024
16 W 16th Street #5RN
MLS® #RLS10940625
Listing by Coldwell Banker Warburg
1
Bedroom
1
Bath
N/A
Sq. Ft.
1960
Year Built
Quick Summary
Property Highlights
- Exposure: South facing
- Parking: Private garage
Property Details
Description
MOTIVATED SELLER: Welcome home: Apartment 5RN, an urban oasis in one of the most convenient locations in Manhattan! The Chelsea Lane, located at 16 West 16th Street, is a full service co-op building recognized for its 24/7 doorman and remarkably low monthly maintenance. This sunny and tranquil south facing corner unit with multiple closets overlooks a quiet courtyard and invites you into a space designed for easy living and effortless entertaining. The original layout has been reimagined with an open kitchen, creating a great room while still providing defined areas for meal prep, dining and living. The modern kitchen features a large pantry cabinet and all stainless appliances including a built-in microwave, GE refrigerator with ice-maker, and a Miele dishwasher. Whether rolling out pastry dough, dining alone, or setting up a buffet meal for a group of friends, you will enjoy the convenience of the large granite island on a daily basis. The bedroom can accommodate a queen bed plus nightstand and dresser and provides an additional closet for both clothing and linens. The updated bathroom features a spa-like shower, classic subway tiles, and - big bonus - a window allowing for cross breeze ventilation! This pet-friendly haven, subject to board approval, is also pied-à-terre, and guarantor friendly. Subletting is permitted after five years of ownership, for a total of four years. Experience the convenience of the innovative laundry system, allowing you to remotely select your washer and dryer via a mobile app. Receive timely alerts via text when your laundry is complete, adding a touch of modern ease to your daily routine. The building's renovated lobby and hallways welcome you with a fresh, contemporary aesthetic, setting the tone for a new chapter in homeowner comfort. Located just a block away from Union Square Greenmarket, Whole Foods, Trader Joe’s, and the vibrant 5th Avenue shopping and restaurant scene, this residence ensures you're at the center of it all. Enjoy seamless access to major transportation hubs, with nearby subway and train options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains), as well as Citi Bikes stationed conveniently at the northeast corner of 5th Avenue and 16th Street. Discover the epitome of urban living at Apartment 5RN—a harmonious blend of modern convenience, sophisticated design, and prime location in the vibrant heart of 16 West 16th Street. ***
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe 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 NeighborhoodActive Listings
122
Median Asking Price
$2.32M
Median $/Sqft
$1,717
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, 12:56 AM EST
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Location
16 W 16th Street #5RN, Flatiron, New York County
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Market Data
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Listing Courtesy of Coldwell Banker Warburg - Alan Levy
Listing Contact: (917) 742-6743
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RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 4:56 AM UTC