Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,800,000

· Closed June 16, 2021

246 W 16th Street #3
Closed For Sale Condo

$3,800,000

$2,338 per sq ft

246 W 16th Street #3

CHELSEA, Manhattan

MLS® #RLS10652947

RLS at REBNY

Listing by Elliman

2

Bedrooms

2.5

Baths

1,625

Sq. Ft.

2020

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,625 sq ft
Year Built 2020
Ownership Condo
HOA/Common Charges $732/mo
Property Taxes $13,428/yr
Neighborhood CHELSEA
Floor 3 of 7

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full, 1 Half
Floor 3 of 7
View City
Exposure North,South
Pets Yes
Cross Street 7Ave/8Ave
Year Built 2020 (New)
Living Area 1,625 sq ft
Parcel # 0765-1004

Listing History

Event Date Price Change
Listed Jul 27, 2020 $3,800,000 -
Currently May 15, 2026 $3,800,000 -

Description

ACCEPTED OFFER - Welcome to 246 West 16th Street, a boutique condominium with four exclusive residences. NYC veteran developers and builders, GRID Group, are also behind the most successful downtown condominium project in November 2020 at 124 West 16th Street. GRID Group has built their new offices at 246 so they will be your neighbors. These four exceptional, full-floor condominiums provide unmatched comfort and privacy on a quiet, leafy street surrounded by Chelsea's vibrant and sought-after dining, shopping, culture and transportation. These finely crafted homes are thoughtfully designed by internationally recognized Gluck+ Architects. TCO is imminent, so closings can happen SOON!

Each luxurious and convenient home checks all the boxes and include: private keyed elevator access, private roof terrace and balcony, an Ortiz gas fireplace, as well as an oversize private storage room in the basement. Plus, low common charges and monthly taxes combined total approximately $1.30/square foot.

Unit 3 offers ultimate privacy and an expansive south facing patio with water, nine-foot plus ceiling heights, full-size vented Electrolux washer and dryer, and electric and hard-line gas BBQ, making this two bedroom plus windowed home office with a closet, and two and a half baths the brand-new luxurious City retreat.

Custom kitchens fully vented to the outside include light grey oak cabinets with soft close European hardware, LED task lighting, marble and Quartzmaster stonework, KWC Luna faucet and Fisher & Paykel appliances with an integrated fully vented range hood. Luxurious baths include Zuma soaking tubs, Hansgrohe fixtures, Bianco Dolomite marble tiles and Toto toilets.

The facade of 246 West 16th Street is wrought in Viking sized Sterling Grey bricks, custom half-inch thick welded aluminum frames and window and door sills sourced from Tomkins Bluestone Quarry in Hancock, NY. The understated lobby includes a Siedle intercom system with iDoor virtual doorman capability.

Please visit 246w16 (dot) com for more information.

The complete offering terms are in an offering plan available from Sponsor: 246 West 16th Street, LLC, 37 West 20th Street, Suite 901, New York, NY 10011. File No. CD17-0141. The artist representations and interior decorations, finishes, appliances and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $732/mo
RE Taxes $13,428/yr ($1,119/mo)
Sale Price $3,800,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

CHELSEA Live Market Data

View Neighborhood

Active Listings

318

Median Asking Price

$1.79M

Median $/Sqft

$1,741

Avg Days on Market

N/A

New This Week

14

Price Reduced

34%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 6:01 AM EST

Recently Sold in CHELSEA

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Location

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246 W 16th Street #3, CHELSEA, New York County • Near 7Ave/8Ave

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
7
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,043,100
Land Value: $6,300
Exemptions: $0

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

Lot Area: 1,680 SF
Building Area: 4,095 SF
Built FAR: 2.44
Allowed FAR: 2

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 common charges are $732 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,428, or roughly $1,119 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,625 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2020, making it approximately 6 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,800,000 for 1,625 sq ft, the asking price per square foot is approximately $2,338. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10652947
First Listed: 7/27/2020
Price Changed: 2/5/2021
Closed: 6/16/2021
Contract Date: 7/28/2020

Listing Courtesy of Elliman - Douglas (Doug) M. Bowen

Listing Contact: (646) 247-0822

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 5/15/2026 at 10:01 AM UTC

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