Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,625,000

· Closed June 6, 2024

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

$1,625,000

$1,161 per sq ft

16 W 16th Street #2EN

Flatiron, Manhattan

MLS® #RLS10973428

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,400

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,400 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,983/mo
Parking Garage
Neighborhood Flatiron
Floor 2 of 14

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 2 of 14
Exposure North,South
Heating Wall Furnace
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1964
Living Area 1,400 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood, Tile
Furnished Unfurnished
Parcel # 0817-0029-00016-000-00002EN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Sep 19, 2023 $1,750,000 -
Currently May 14, 2026 $1,625,000 -7.1%

Description

A must-see opportunity at Chelsea Lane at 16 West 16th Street, offering full-service cooperative living in the bustling and iconic Flatiron District. This true two-bedroom, two-bathroom apartment with low maintenance is ready to be your new home or City pied-à-terre. The unit's layout also provides a unique option for conversion into a three-bedroom. The Chelsea Lane has a 24-hour doorman, a live-in superintendent, common laundry room, storage and bike rooms, and on-site parking. The building welcomes pets (pending Board approval). The front lobby, mailroom, and hallways feature recent renovations. Its setting in the Flatiron District offers a diverse array of shopping and dining experiences, and nearby destinations include Union Square Greenmarket, Madison Square Park, and Washington Square Park. Convenience is key to this location with subway accessible within a block away. Upon entering Residence 2EN, you are immediately greeted by a spacious living room and dining area, and access to a private balcony. The custom-designed kitchen, featuring a Viking 6-burner gas range and refrigerator, is clean and contemporary. The bathrooms are modern with fixtures from Kohler. Storage abound! Five spacious closets throughout as well as two large closets in each bedroom. Both primary and second bedrooms are generously sized, and bedroom windows face a quiet interior courtyard. The primary bedroom has an ensuite bathroom with glass shower. The main bathroom has a deep soaking tub. This is your chance for a great new home! Have it all, in the heart of it all! Come see for yourself... today.

Features & Amenities

Interior Features

Granite Counters Walk In Closets Common On Floor Common Area Flooring: Hardwood, Tile

Exterior Features

Garden

Appliances

Dishwasher Gas Cooktop

Building Information

Building Data View Compliance & Permits
Total Units 489
Stories 14
Structure HighRise

Financial Details

Maintenance $1,983/mo
Original Price $1,750,000
Sale Price $1,625,000
Previous Price $1,750,000

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

9

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$2.54M

Live data from RLS at REBNY • Updated 5/13/26, 8:28 PM EST

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Location

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16 W 16th Street #2EN, Flatiron, New York County

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 $1,983 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 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1964, making it approximately 62 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.

At the current list price of $1,625,000 for 1,400 sq ft, the asking price per square foot is approximately $1,161. 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: RLS10973428
First Listed: 10/26/2023
On Market: 9/19/2023
Price Changed: 6/24/2024
Closed: 6/6/2024
Contract Date: 7/17/2023

Listing Courtesy of Compass - Benjamin Glazer

Listing Contact: (917) 699-3229

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 12:28 AM UTC

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