Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,295,000

Listed at $1,480,000 · Sold 12.5% below asking · Closed June 1, 2012

Closed For Sale Condop

$1,480,000

$1,513 per sq ft

305 W 16th Street #2-H

Chelsea, Manhattan

MLS® #RLS10638945

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

978

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 978 sq ft
Year Built 2011
Ownership Condop
HOA/Common Charges $3,160/mo
Neighborhood Chelsea
Floor 2 of 7

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Climate Control: Central Air

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 2 Full
Floor 2 of 7
View City
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street Eighth Avenue/Ninth Avenue
Year Built 2011
Living Area 978 sq ft
Block/Lot 740/30

Description

This centrally-located two bed, two bath Chelsea condop is a stylish home and a smart, well-priced investment. Let's start with the apartment itself: a bright, quiet southeast-facing corner unit with luxurious high-end finishes and appliances, lots of double-paned windows with lively street views, a real entrance hall, open kitchen with breakfast bar, a washer/dryer, and a large separate storage unit. The second bedroom would make an ideal home office thanks in part to the split bedroom layout. The full-service building has a 24-hour doorman, a stunning lobby and halls, and is pet-friendly. The well-outfitted fitness room even has a Peloton bike and is just down the hall from the apartment. A large landscaped building roof deck has multiple well-spaced seating areas and features a playful and dramatic 37 foot tall steel and concrete daisy statue that first appeared at Burning Man. As far as investment value goes, with a condop you're getting the flexibility of a condo (subletting, co-purchasing, gifting, guarantors, and pied-a-terres allowed) without paying condo prices. The prime Chelsea location provides easy access to transportation, shopping, parks, dining and entertainment options. Buyer pays Working Capital Contribution equal to two month's maintenance.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 7

Financial Details

Common Charges $3,160/mo
Sale Price $1,295,000

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 charming pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

278

Median Asking Price

$1.85M

Median $/Sqft

$1,772

Avg Days on Market

N/A

New This Week

16

Price Reduced

25%

Sold (30 Days)

37

Median Sale Price

$1.86M

Live data from RLS at REBNY • Updated 4/8/26, 1:08 AM EST

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Location

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305 W 16th Street #2-H, Chelsea, New York County • Near Eighth Avenue/Ninth Avenue

Virtual Tour

Floor Plans

Floor Plan
MLS® ID: RLS10638945
First Listed: 11/22/2011
Price Changed: 4/30/2021
Closed: 6/1/2012
Contract Date: 6/16/2020

Listing Courtesy of Compass - Bill Herbst

Listing Contact: (917) 596-3743

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 4/8/2026 at 5:08 AM UTC

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