Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $690,000

· Closed May 23, 2024

305 W 16th Street #5A
Looking for something similar?
Closed For Sale Co-op

$690,000

$1,520 per sq ft

305 W 16th Street #5A

Chelsea, Manhattan

MLS® #RLS10963567

RLS at REBNY

Listing by Compass

Studio

1

Bath

454

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 454 sq ft
Year Built 2008
Ownership Co-op
Maintenance $1,728/mo
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Exposure: West facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths 1 Full
Floor 5 of 7
Exposure West
Heating Wall Furnace
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 2008
Living Area 454 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0740-0030-00305-000-000005A
Block/Lot 00740/1102

Description

Introducing 305 West 16th Street, Apartment #5A in the heart of Chelsea. This studio offers an ideal blend of comfort, convenience, and investment potential. This meticulously maintained apartment has a western exposure for excellent natural light and overlooks a large park, with the Dream Hotel & Google headquarters in the background. With space for sleeping, entertaining and dining, the layout maximizes storage, especially for aspiring chef's with an open kitchen. This is the only apartment in its price-point with an in unit washer/dryer! There is carbonized bamboo flooring throughout, complemented by a sleek galley kitchen featuring Caesarstone countertops, Bosch appliances, and custom Italian-made Cerused Wenge cabinetry. Beyond its impeccable interior, this residence presents a lucrative investment opportunity with its unlimited subletting policy from day one (rental potential around $4,250). Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability. 305 West 16th Street feels like a hotel lifestyle. There is a signature scent when you walk in to the welcoming 24-hour doorman, Zen Garden, and fully furnished common roof deck. Every detail exudes sophistication especially the panoramic views stretching from the Empire State Building to Hudson Yards. There is a 24-hour fitness center equipped with state-of-the-art equipment, including a Peloton bike. Conveniently located near the ACE subway and iconic Chelsea Market, and easily accessible in and out of the city to Brooklyn, New Jersey, and beyond. Discover more about this exceptional opportunity by visiting @DanielleSellsNYC.

Features & Amenities

Interior Features

Breakfast Bar High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Appliances

Cooktop Dishwasher Gas Cooktop Gas Oven Refrigerator Washer

Building Information

Total Units 53
Stories 7
Structure HighRise

Financial Details

Maintenance $1,728/mo
Original Price $699,000
Sale Price $690,000
Previous Price $699,000
Land Lease Yes

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 seamlessly blends industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

274

Median Asking Price

$1.95M

Median $/Sqft

$1,814

Avg Days on Market

N/A

New This Week

21

Price Reduced

23%

Sold (30 Days)

33

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 3/25/26, 10:34 PM EST

Similar Listings in Chelsea

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Location

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305 W 16th Street #5A, Chelsea, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10963567
First Listed: 3/12/2024
On Market: 3/12/2024
Price Changed: 5/24/2024
Closed: 5/23/2024
Contract Date: 10/20/2022

Listing Courtesy of Compass - Danielle Nazinitsky

Listing Contact: (330) 936-7928

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 3/26/2026 at 2:34 AM UTC

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