Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $840,000

· Closed April 30, 2026

54 W 16th Street #2G
Closed For Sale Co-op

$840,000

54 W 16th Street #2G

Flatiron, Manhattan

Greenwich House

MLS® #RLS20067161

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1955
Ownership Co-op
Maintenance $1,446/mo
Parking Garage
Neighborhood Flatiron
Floor 2 of 15

Property Highlights

  • Exposure: East,North facing
  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 15
Exposure East,North
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1955
Parking Garage Available
Parking Features Garage, On Site
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00817/0085

Listing History

Event Date Price Change
Listed Feb 17, 2026 $840,000 -
Price Reduced May 4, 2026 $849,000 +1.1%

Description

Oversized, Gut-Renovated One-Bedroom with New Layout Step into a home that truly lives larger than expected. Meticulously gut renovated with walls opened and the original layout fully reconfigured, Apartment 2G offers an airy, modern flow rarely found at this scale, highlighted by an expansive nearly 30-foot open-concept great room that makes the unit feel dramatically more spacious than your typical one-bedroom. The living and dining areas offer generous proportions for both everyday living and entertaining, easily accommodating a full dining setup, ample seating, and a dedicated work area. Wide-plank European white oak floors run throughout, while custom recessed lighting adds warmth and architectural interest. The open kitchen was entirely relocated and rebuilt, transforming the former foyer into a true centerpiece. Finished with custom white oak cabinetry and Calacatta quartz countertops, it features a central island with integrated storage, a Zenith wine and beer refrigerator, and a thoughtfully designed pantry system offering exceptional storage capacity. Appliances include a GE gas convection oven with air-fryer functionality, GE microwave and refrigerator, and cabinet-front Bosch dishwasher. Equally impressive, the original kitchen area has been converted into a large walk-in closet, dramatically increasing storage - a standout feature not often found in units of this size. The bedroom is generously proportioned and pin-drop quiet, offering a peaceful night’s sleep. In addition to the walk-in closet, it includes a large, second closet, providing even more storage flexibility. The spa-like bathroom was fully rebuilt with a walk-in shower, slate flooring, elegant floor-to-ceiling tile, a floating vanity, side-by-side Kohler medicine cabinets, Kohler toilet, heated floors, and a heated towel rack, creating a refined, hotel-like experience at home. Apartments offering this combination of space, layout, and turnkey condition are few and far between. Do not wait on this one! The Greenwich House at 54 West 16th Street is a meticulously well-run co-op with two commercial tenants generating additional income for the building. Amenities include a part-time doorman, live-in super, laundry room, bike room, private storage, garage, and roof deck with open city views. The location is exceptional, with nearly every subway line within one to two blocks (F, M, 1, 2, 3, A, C, E, N, R, Q, W, 4, 5, 6, L, and PATH). Enjoy close proximity to Union Square Park, the Union Square Greenmarket, Whole Foods, Trader Joe’s, The Rubin Museum, and more. Pets allowed. Capital assessment of $62.80/month ends January 2028.

Features & Amenities

Interior Features

Kitchen Island Pantry Recessed Lighting Walk In Closets Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher Freezer Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Wine Cooler

Building Information

Building Greenwich House
Building Data View Compliance & Permits
Total Units 119
Stories 15
Structure MultiFamily

Financial Details

Maintenance $1,446/mo
Sale Price $840,000
Previous Price $849,000

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

134

Median Asking Price

$2.25M

Median $/Sqft

$1,761

Avg Days on Market

N/A

New This Week

14

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.16M

Live data from RLS at REBNY • Updated 5/9/26, 7:41 AM EST

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Location

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54 W 16th Street #2G, Flatiron, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2012
Year Built
14 years old
4
Floors
2
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $238,200
Land Value: $10,020
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,393 SF
Building Area: 4,158 SF
Built FAR: 2.98
Allowed FAR: 3

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 $1,446 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1955, making it approximately 71 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: Pets Allowed. 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: RLS20067161
First Listed: 1/15/2026
On Market: 2/17/2026
Price Changed: 5/4/2026
Closed: 4/30/2026
Contract Date: 1/7/2026

Listing Courtesy of Compass - Brad Malow

Listing Contact: (917) 929-5545

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 5/9/2026 at 11:41 AM UTC

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