Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

201 W 16th Street #7C
Interested in this property?
Pending For Sale Co-op

$449,000

201 W 16th Street #7C

Chelsea, Manhattan

MLS® #RLS20043817

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,461/mo
Neighborhood Chelsea
Floor 7 of 19

Property Highlights

  • Views: City
  • Exposure: East facing
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 19
View City
Exposure East
Pets Yes, CatsOk, DogsOk
Year Built 1930
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0766-0039-00201-000-000007C
Block/Lot 00766/0039

Listing History

Event Date Price Change
Listed Aug 21, 2025 $499,000 -
Price Reduced Oct 30, 2025 $475,000 -4.8%
Currently Apr 28, 2026 $449,000 -5.5%

Description

CHELSEA STUDIO WITH ENDLESS POTENTIAL Opportunity lives large in this sun blasted studio in the heart of Chelsea. Bring your vision and your contractor to create a home that suits your style AND your lifestyle. Charming casement windows invite open city views and eastern light into this home with 9 ft beamed ceilings. There is currently tremendous storage including one walk-in closet in the main living space that could be removed to add a sleep alcove. Another large closet and dressing area add nice separation between the bathroom and living space. Even the kitchen floods with natural light! There is no downside to transforming this diamond-in-the-rough into something quite special given the location and the building. Situated in a well-run, prewar Co-operative at 201 W 16th Street. Residents here enjoy a caring building staff including a full-time doorman and live-in Super. Amenities include an absolutely stunning planted roof deck with iconic panoramic city views, lush plantings with many sitting and lounging areas. This pet-friendly building also offers private storage, bicycle storage, Fios and central laundry. Convenient to Chelsea Market, the High Line, art galleries, fabulous restaurants and nightlife, shopping, marketing and all major transportation. It really doesn’t get better than this.

Features & Amenities

Interior Features

High Ceilings Walk In Closets Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 114
Stories 19
Structure MultiFamily

Financial Details

Maintenance $1,461/mo
Original Price $499,000
Previous Price $475,000

Chelsea 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 Neighborhood

Active Listings

306

Median Asking Price

$1.90M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

20

Price Reduced

34%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 8:24 AM EST

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Location

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201 W 16th Street #7C, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
C4-3A
Zoning District

Tax & Assessment

Assessed Value: $459,000
Land Value: $45,450
Exemptions: $0

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

Lot Area: 2,024 SF
Building Area: 2,024 SF
Built FAR: 1
Allowed FAR: 3

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 $1,461 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 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1930, making it approximately 96 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: RLS20043817
First Listed: 8/21/2025
On Market: 8/21/2025
Price Changed: 10/30/2025
Pending Since: 2/12/2026
Contract Date: 8/18/2025

Listing Courtesy of Compass - Kelly Cole

Listing Contact: (917) 575-8375

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 4/28/2026 at 12:24 PM UTC

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