Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,150,000

· Closed November 13, 2020

124 W 16th Street #5EAST
Closed For Sale Condo

$5,150,000

$2,241 per sq ft

124 W 16th Street #5EAST

Chelsea/Hudson Yards, Manhattan

124 West 16th Street

MLS® #RLS10641446

RLS at REBNY

Listing by The Corcoran Group

4

Bedrooms

3

Baths

2,298

Sq. Ft.

2019

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 2,298 sq ft
Year Built 2019
Ownership Condo
HOA/Common Charges $1,002/mo
Property Taxes $34,896/yr
Neighborhood Chelsea/Hudson Yards

Property Highlights

  • Outdoor Space: Terrace
  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full
Cooling Central Air
Pets Yes
Cross Street Sixth Avenue & Seventh Avenue
Year Built 2019 (New)
Living Area 2,298 sq ft

Listing History

Event Date Price Change
Listed Jun 23, 2020 $5,150,000 -
Currently May 15, 2026 $5,150,000 -

Description

Refined living in the center of Chelsea. -Private outdoor space in all residences -Boutique 15 unit Condominium with 2 elevators -4 bedrooms providing extra space for your home office or at home work out space Spanning 2,298 square feet of interior space and 129 square feet of outdoor space, residence 5E is a 4 bedroom, 3 bathroom loft-like home, offering timeless sophistication and modern luxury. This exceptional residence is centered around a voluminous, sun-filled, great room with southern and eastern exposures, and a split bedroom plan. Layouts with open living/ dining and kitchen concepts provide a seamless flow for entertaining. Graced by 9 foot, 6 inch ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in ceiling speakers for sound, your upgrades are already in place. The oversized south facing balcony comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living. Sleek custom kitchens are adorned with grey oak cabinetry and an enormous island with a 5 foot Danube slab countertop and Quartzmaster counters and backsplashes. Professional appliances include Subzero cabinet faced 36" inch refrigerators with ice makers, Miele dishwashers and a Wolf cooktop and oven with a stainless steel vented range hood. The master bedroom is filled with light seen through grand casement windows with insulating qualities for both noise and climate. The spa-like master baths feature Bianco Dolomite and Bianco Alanur tiles and slabs, Toto toilets, and Zuma soaking tubs. Secondary bedrooms are large in scale with ample storage space. All homes are equipped with laundry rooms with vented, full size LG washer dryers and custom built-ins for storage. 124 West 16 is the customized new development you have been searching for. Details throughout include millwork and niches in every unit, 1/2" reveal detail, 96" custom doors, recessed lighting, built-in speakers, and large storage rooms for each home.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,002/mo
RE Taxes $34,896/yr ($2,908/mo)
Sale Price $5,150,000

About Chelsea/Hudson Yards

View All Chelsea/Hudson Yards Listings

Chelsea/Hudson Yards presents a mix of modern high-rises, historic brownstones, and innovative mixed-use developments. Architectural highlights include major commercial buildings and low-rise retail spaces near the West Side Highway. The area is serviced by multiple subway lines and features public green spaces adjacent to the Hudson River.

Chelsea/Hudson Yards Live Market Data

View Neighborhood

Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

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/Hudson Yards

View All

Location

Loading map...

124 W 16th Street #5EAST, Chelsea/Hudson Yards, New York County • Near Sixth Avenue & Seventh Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
R6B
Zoning District

Tax & Assessment

Assessed Value: $130,500
Land Value: $35,100
Exemptions: $130,500

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

Lot Area: 2,000 SF
Building Area: 1,400 SF
Built FAR: 0.7
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 $1,002 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $34,896, or roughly $2,908 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms.

The listed interior living area is 2,298 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2019, making it approximately 7 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 $5,150,000 for 2,298 sq ft, the asking price per square foot is approximately $2,241. 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: RLS10641446
First Listed: 6/23/2020
Price Changed: 2/5/2021
Closed: 11/13/2020
Contract Date: 6/24/2020

Listing Courtesy of The Corcoran Group - Nicole Hechter

Listing Contact: (917) 514-5874

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

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton