Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
54 W 16th Street #9G
Closed For Sale Co-op

$705,000

54 W 16th Street #9G

Flatiron, Manhattan

MLS® #RLS10962634

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 $1,445/mo
Parking Garage
Neighborhood Flatiron
Floor 9 of 15

Property Highlights

  • Exposure: East,South facing
  • Outdoor Space: Deck
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 9 of 15
Exposure East,South
Pets Yes, CatsOk, DogsOk
Year Built 1955
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Furnished Unfurnished
Parcel # 0817-0085-00054-000-000009G
Block/Lot 00817/0085

Listing History

Event Date Price Change
Listed Sep 11, 2023 $750,000 -
Price Reduced Apr 4, 2024 $715,000 -4.7%
Currently May 14, 2026 $705,000 -1.4%

Description

Welcome to your new home in the heart of Chelsea! This charming 1-bedroom apartment offers a perfect blend of comfort, convenience, and plenty of natural light, creating a warm and inviting atmosphere you'll love coming back to. The south-facing living room is pin-drop quiet, bright and spacious, with plenty of room for a large living area and dining table. The apartment looks over the historic Church of St. Francis Xavier, so it’s extremely private, but also has partial sky views. The kitchen is a gem waiting for your personal touch. Perfectly suited for urban living, this efficient kitchen allows you to make the most of your space. The spacious bedroom offers a tranquil retreat from the bustling city. There is plenty of room for a king-sized bed, as well as a desk for work, or a dresser for additional storage. The double exposure ensures that the space has great natural light all day long. The bathroom has space for additional storage below the sink, as well as a shower/tub combination. Residents have access to building amenities that include an elevator, laundry facilities, roof deck, storage, bike storage, and parking. There is a part-time doorman, and the building allows pets, gifting, co-purchasing, pied-a-terres, and subletting on a case-by-case basis. The maintenance is very low, and the building has a discounted group rate for electricity. There is a small capital assessment of $70.08/month. Nestled in the vibrant neighborhood of Chelsea, you'll be surrounded by the best that New York City has to offer. World-class dining, art galleries, trendy boutiques, grocery stores, and beautiful parks are just moments away from your front door. There is excellent access to public transportation - the F,M, and L subway lines are all at the end of the block. Don't miss this opportunity to make this bright Chelsea apartment your new home. Your oasis in the heart of the action awaits!

Features & Amenities

Interior Features

Common On Floor Common Area

Exterior Features

Deck

Building Information

Building Data View Compliance & Permits
Total Units 119
Stories 15
Structure HighRise

Financial Details

Maintenance $1,445/mo
Original Price $750,000
Sale Price $705,000
Previous Price $715,000

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

6

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$2.54M

Live data from RLS at REBNY • Updated 5/13/26, 9:34 PM EST

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Location

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54 W 16th Street #9G, 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 $1,445 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. 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: RLS10962634
First Listed: 10/26/2023
On Market: 9/11/2023
Price Changed: 4/4/2024
Closed: 4/2/2024
Contract Date: 8/15/2023

Listing Courtesy of Compass - Megan Inayoshi

Listing Contact: (503) 310-8994

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 5/14/2026 at 1:34 AM UTC

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