Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,200,000

· Closed March 14, 2022

16 W 16th Street #12-AWN
Closed For Sale Co-op

$2,200,000

16 W 16th Street #12-AWN

Flatiron, Manhattan

MLS® #RLS10760411

RLS at REBNY

Listing by Compass

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built 1960
Ownership Co-op
Maintenance $2,444/mo
Parking Garage
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 12 of 14
View City
Exposure East,North
Cooling Wall Units
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1960
Parking Garage Available
Block/Lot 817/29

Listing History

Event Date Price Change
Listed Oct 18, 2021 $2,200,000 -
Currently May 18, 2026 $2,200,000 -

Description

Do not miss this rare opportunity to own a completely gut renovated combo unit that features 2 full bedrooms / 2.5 bathrooms home, but can easily be converted to a true 3 bedroom / 3 bathroom (see alternate floor plan). Located at the newly updated and much desired Chelsea Lane, this is the live-in ready home you've been searching for, nestled perfectly in the heart of Flatiron right off lower 5th Ave. Every square inch of residence 12AWN has been redesigned with the utmost attention to detail, from its gorgeous chocolate-colored hardwood floors to the custom closets, built-ins, and top-of-the-line finishes and fixtures throughout. Upon entry, the apartment features a double-wide grand foyer along with two deep coat closets and a utility closet. The modernized chef's kitchen off the foyer offers a nice separation from the great room and dining area and is equipped with top-of-the-line appliances including a Wolf four-burner gas range and oven, Sub-Zero refrigerator, Miele dishwasher, GE profile microwave and designed with custom millwork and cabinetry. Before heading into the main living area, you have a luxurious powder room (that can be converted to a full third bathroom) featuring a sleek vanity, full closet, and wrapped in lavish wallpaper with unique texture and patterns. You will also notice the detailing on the custom white tiled floors which are sure to impress. As you make your way to the great room, there is a built-in mini-bar with a wine fridge, perfect for the at-home mixologist and wine collector. The living and dining area spans nearly 22ft long and 17ft wide, giving you a ton of optionality when it comes to arranging how you want your furniture configured. The current dining area is easily convertible to a third bedroom, nursery, or even a second home office. The bedroom wing provides complete privacy and gives the home a natural flow. The second bedroom can easily fit a queen bed and dresser yet also leaves you with more than enough space to do what you wish with the room. Off the second bedroom, there is a built-in bookcase, 2 full closets, and down the hall is a private full bathroom as well. The oversized primary suite is fit for kings and queens with plenty of room for nightstands, dressers, and even a seating area or reading nook. One of the coolest features of the home is the "Cloffice". This is a closet and an office in one! This room features a large walk-in closet separated by a wall with a home office that has a 10ft long desk and overhead cabinets, offering plenty of space for creativity and quiet for those working remotely! Pocket doors provide more privacy, too. Lastly, we have your lavish spa-like bathroom, with a glass-enclosed walk-in shower, built-in shower bench, Toto toilet, and exquisite tiling throughout. Aside from this home being truly a unicorn, the monthly maintenance payments are some of the lowest you are going to find in a doorman building downtown. In addition, the building is currently undergoing a complete renovation of the lobby and hallways (see renderings). The hallways are complete and renovation work to the lobby is well underway and expected to be finished by the end of the year! Building policies include: Parents buying for 'working children' allowed Pets allowed Pieds-a-terre are allowed Guarantors are allowed Sublet policy: 2 years of residency required. After two years can sublet for up to a total of 5 years, does not have to be consecutive. The Chelsea Lane is one of Flatiron's best-managed co-ops. The building offers 24-hour doorman service, a bike room, a live-in super, a laundry room you can monitor on your phone, and a garage with direct access. Just a stone's throw from Union Square, getting around is a breeze with the 4, 5, 6, N, Q, R, W, F, M, L, and PATH trains within minutes and the 1, 2, 3, A, C and E also just minutes away.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $2,444/mo
Sale Price $2,200,000

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

139

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 12:15 PM EST

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Location

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16 W 16th Street #12-AWN, Flatiron, New York County • Near Fifth Avenue/Avenue of the Americas

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 $2,444 per month. Confirm the exact amount with the listing broker before making an offer.

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

According to MLS records, the building was constructed in 1960, making it approximately 66 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: RLS10760411
First Listed: 10/18/2021
Price Changed: 10/18/2021
Closed: 3/14/2022
Contract Date: 3/16/2021

Listing Courtesy of Compass - Jason Angrist

Listing Contact: (201) 982-0178

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 4:15 PM UTC

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