Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,900,000

Listed at $2,995,000 · Sold 3.2% below asking · Closed October 16, 2024

54 W 16th Street #7BC
Looking for something similar?
Closed For Sale Co-op

$2,995,000

54 W 16th Street #7BC

Flatiron, Manhattan

MLS® #RLS10996595

RLS at REBNY

Listing by Living New York

4

Bedrooms

3

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built N/A
Ownership Co-op
Maintenance $4,372/mo
Parking Garage
Neighborhood Flatiron

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Outdoor Space: Rooftop

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
View City
Exposure North,West
Heating Radiant
Cooling Window Units
Pets Yes
Cross Street 5th & Avenue of America
Parking Garage Available
Parking Features Garage
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 0817-0085-00054-000-00007BC
Block/Lot 00817/0000

Description

REDUCED to $2,995,000 - This is lowest priced 4 bed in the area with a great layout - You can have 4 Beds for the Price of 3! - EXPANSIVE LARGE HOME - FEELS LIKE A HOUSE - Located at the crossroads of Greenwich Village, Flatiron and Chelsea! Recently reduced - Apartments this size are rarely available -especially at prices like this! - Your new home has so much to offer:

Apartment 7BC at the Greenwich House is an oversized, renovated apartment taking up a whole corner of the floor with large rooms and tons of closets. There are 3 large bedrooms including 2 primaries, 3 full baths, an oversized living room with dining alcove, and a den currently used as a large home office, easily used as a 4th bedroom! The apartmemt has a winged layout offering bedrooms on boths sides - ideal for privacy and a gives it a house like feel!

This sprawling Co-Op features:
-Generous layout with LARGE King size rooms and LIGHT!
-Great corner layout with multiple exposures.
-Primary bedroom suite wing with WIC, and en-suite bath.
-Primary bedroom foyer lined with closets and built-ins.
-Renovated kitchen with Sub Zero Fridge and Viking Range.
-Dining alcove with built-ins.
-3 FULL Renovated baths in pristine condition.
Amazing storage - 11 Closets, 2 are walk in including a massive pantry/ storage in the living room
Storage unit available (optional for nominal rent)
Pet-friendly with board approval!

Building Features
-Roof deck with panoramic views of Chelsea, the Village and Flatiron
-Full laundry facilities
-Sublets Allowed for a fee (2 out of 4 years)
-Parking garage in the building
-Live-in superintendent,
-Pet-friendly
-Part-time doorman (4PM - 8AM)

- Citi Bike station on Block
- Extremely Convenient Subways access F, M, L, 1, 2, 3, 4, under 500 feet 4, 5, 6, N, Q, R, 1.5 blocks away & PATH to NJ.

The Greenwich House at 54 west 16th is located at the crossroads of 3 of the most desirable neighborhoods; Flatiron. Chelsea, and Greenwich Village. The building benefits from its prime location, great management, and revenue and conveniences from commercial tenants on the ground floor.


* Some Photos are Virtually staged

*Please note: There is currently an assessment in addition to the maintenance for $212 for local law work that is assessed until January 2028. There is also a discounted electrical charge and optional storage that is added to the monthly maintenance bill. Please note that there is a flip tax of 1.5% payable by the purchaser.

Features & Amenities

Interior Features

Eat In Kitchen Building Inside None Flooring: Hardwood

Exterior Features

Building Roof Deck Rooftop

Building Amenities

Elevators

Appliances

Dryer Dishwasher Microwave Stainless Steel Appliances Washer

Financial Details

Maintenance $4,372/mo
Original Price $3,245,000
Sale Price $2,900,000
Previous Price $3,245,000

Maintenance Includes

Gas,Water

The Flatiron District is a vibrant 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

123

Median Asking Price

$2.35M

Median $/Sqft

$1,724

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.80M

Live data from RLS at REBNY • Updated 3/23/26, 4:29 PM EST

Similar Listings in Flatiron

View All

Location

Loading map...

54 W 16th Street #7BC, Flatiron, New York County • Near 5th & Avenue of America

MLS® ID: RLS10996595
First Listed: 4/4/2024
On Market: 4/4/2024
Price Changed: 6/4/2024
Closed: 10/16/2024
Contract Date: 4/4/2024

Listing Courtesy of Living New York - Ilan Rosenthal

Listing Contact: (212) 760-2690 x

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 3/23/2026 at 8:29 PM UTC

Buying a Co-op? Start Here

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

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

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton