246 W 16th Street #5
MLS® #RLS10609711
Listing by Elliman
3
Bedrooms
2.5
Baths
1,625
Sq. Ft.
2020
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- New Construction: Brand new building
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Nov 13, 2019 | $3,900,000 | - |
| Currently | May 15, 2026 | $4,000,000 | +2.6% |
Description
OPEN HOUSE BY APPOINTMENT ONLY ? 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. The building is completed and already has certificate of occupancy.
Apartment #5 checks all the boxes, making this two bedroom plus windowed home office with a closet and two and a half baths a brand-new luxurious city retreat. Apartment #5 comes with a private keyed elevator access, 271 SF private roof terrace (with water, electric and a hard-gas line with BBQ grill), a 50 SF south-facing balcony directly off the living area, a high-end Ortiz gas fireplace, as well as an oversized 71 SF private storage room in the basement. All this plus overwhelmingly low common charges and monthly taxes, which are a combined $1.30/square foot. Other features include nine-foot plus ceiling heights and a full-size vented Electrolux washer and dryer.
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
Appliances
Building Information
Financial Details
About CHELSEA
View All CHELSEA ListingsChelsea 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 NeighborhoodActive Listings
318
Median Asking Price
$1.77M
Median $/Sqft
$1,746
Avg Days on Market
N/A
New This Week
15
Price Reduced
34%
Sold (30 Days)
0
Median Sale Price
N/A
Live data from RLS at REBNY • Updated 5/15/26, 12:32 PM EST
Recently Sold in CHELSEA
View All252 W 30th Street #4B
Condo • RLS #RLS10697850
166 W 18th Street #2A
Condo • RLS #RLS10681903
246 W 16th Street #4
Condo • RLS #RLS10698421
151 W 21st Street #8E
Condo • RLS #RLS10661534
447 W 18th Street #7E
Condo • RLS #RLS10692429
519 W 23rd Street #3FL
Condo • RLS #RLS10642760
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
246 W 16th Street #5, CHELSEA, New York County • Near 7Ave/8Ave
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $714 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $13,116, or roughly $1,093 per month. Verify the current assessment with your attorney before closing.
This property has 3 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 $4,000,000 for 1,625 sq ft, the asking price per square foot is approximately $2,462. 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) 416-7433Listing Courtesy of Elliman - Douglas (Doug) 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 Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 4:32 PM UTC