Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $884,000

· Closed August 13, 2024

16 W 16TH Street #9HS
Closed For Sale Co-op

$884,000

16 W 16TH Street #9HS

Flatiron, Manhattan

CHELSEA LANE

MLS® #RLS10975697

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 $1,279/mo
Parking Garage
Neighborhood Flatiron
Floor 9 of 14

Property Highlights

  • Views: Other
  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 9 of 14
View Other
Exposure North
Cooling Wall Units
Pets Yes
Year Built 1964
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00009HS
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Mar 4, 2024 $899,000 -
Currently May 13, 2026 $884,000 -1.7%

Description

Welcome to Apartment 9HS: a highly sought after full-size 1-Bedroom at The Chelsea Lane. Completely renovated and thoughtfully maintained, at the center of this home is a well equipped open cook's kitchen with custom cabinets, stone countertops, breakfast bar and stainless steel appliances.

The spa-like bathroom features a glass wall shower with a deep soaking tub and natural stone floor. With no detail overlooked, special attention was given to the custom built-ins and moldings. Incredible closet space, wood floors and wide windows with garden views complete the picture in this very special home!

16 West 16th Street "The Chelsea Lane", is one of Flatiron's most sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and on site managing agent. Well trained staff of handymen & porters with 24 hour coverage. Easy access to laundry, storage, bike room and garage on buildings lower level.

Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron's world renowned restaurants & some of the best shopping NYC has to offer. The building's central location keeps you close to all of Manhattan's major public transportation, so getting around town is incredibly convenient!

Features & Amenities

Interior Features

Smoke Free Building In Basement

Exterior Features

None

Building Amenities

Elevators Storage

Building Information

Building CHELSEA LANE
Building Data View Compliance & Permits
Total Units 489
Stories 14
Structure HighRise

Financial Details

Maintenance $1,279/mo
Original Price $899,000
Sale Price $884,000
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

133

Median Asking Price

$2.29M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$2.54M

Live data from RLS at REBNY • Updated 5/13/26, 6:36 PM EST

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Location

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16 W 16TH Street #9HS, 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 $1,279 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: RLS10975697
First Listed: 3/4/2024
On Market: 3/4/2024
Price Changed: 8/13/2024
Closed: 8/13/2024
Contract Date: 3/4/2024

Listing Courtesy of Douglas Elliman Real Estate - 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 5/13/2026 at 10:36 PM UTC

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