Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16TH Street #9TS
Closed For Sale Co-op

$926,000

16 W 16TH Street #9TS

Flatiron, Manhattan

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MLS® #RLS10838840

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 $1,211/mo
Parking Garage
Neighborhood Flatiron
Floor 9 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 9 of 14
Exposure South
Pets Yes
Year Built 1964
Parking Garage Available
Parcel # 0817-0029-00016-000-00009TS

Listing History

Event Date Price Change
Listed Nov 8, 2022 $975,000 -
Currently May 18, 2026 $926,000 -5.0%

Description

Location, Light and Charm. Welcome home to the beloved Chelsea Lane, ideally located off Fifth Avenue in one of Flatiron's most sought after buildings. Impressively low maintenance and 80% financing. This beautifully renovated oversized one-bedroom is pin-drop quiet and offers an abundance of light and an open floorplan. The entrance foyer with coat closet leads to a spacious living & dining room which can accommodate multiple seating areas, making it perfect for both living and entertaining. The state-of-the-art kitchen is outfitted with stainless steel appliances and a separate bar area with wine refrigerator, extra storage and office area. A hallway with a deep linen closet leads to the primary bedroom with plenty of space to accommodate a king size bed. Through the wall air conditioning and ample closets can be found throughout. The Chelsea Lane is full-service luxury co-op with excellent financials and incredibly low maintenance. Amenities include a 24-hour doorman, on-site garage, bike room and a staff of handy-men and porters. A new laundry system allows residents to remotely choose a washer/dryer via mobile app, which sends an alert by text when your laundry is complete. The building is currently undergoing a lobby renovation along with newly completed hallways. Co-purchasing, guarantors, pieds-a-terre and pets are allowed. Shareholders can sublet their apartments after five years of ownership for up to four years total. Just blocks away from Union Square Greenmarket, Whole Foods, Trader Joe's, and 5th Avenue shopping. Ideally located near all major transportation: 4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains. Easy access to Citi Bikes on the northeast corner of 6th and 5th Avenues.

Building Information

Financial Details

Maintenance $1,211/mo
Original Price $975,000
Sale Price $926,000
Previous Price $975,000

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

137

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

10

Price Reduced

32%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/18/26, 2:01 AM EST

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Location

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16 W 16TH Street #9TS, 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 $1,211 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: RLS10838840
First Listed: 11/8/2022
Price Changed: 4/4/2023
Closed: 4/3/2023
Contract Date: 11/8/2022

Listing Courtesy of Corcoran Group - Helen Monti

Listing Contact: (212) 836-1064

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 6:01 AM UTC

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