Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $649,000

· Closed April 20, 2015

16 W 16TH Street #11FN
Closed For Sale Co-op

$649,000

16 W 16TH Street #11FN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10069400

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $833.45/mo
Neighborhood Flatiron
Floor 11 of 14

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 11 of 14
Exposure South
Cooling Wall Units
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Parcel # 0817-0029-00016-000-00011FN

Listing History

Event Date Price Change
Listed Nov 4, 2014 $649,000 -
Currently Jun 10, 2026 $649,000 -

Description

Extra large L-Studio/Jr. 1 Bedroom with sun flooded southern exposure. Gracious living/dining space with room to entertain. Cook's kitchen with custom built-ins. Separate windowed sleeping alcove. Windowed bathroom. Great closet space throughout. 24 hour doorman, live in super and on site managing agent. Full staff of handymen and porters. Laundry, storage and bike room in basement. Garage. Conveniently located near Union Square Farmers Market, lower Fifth Avenue/Flatiron shopping district and all major public transportation.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $833.45/mo
Sale Price $649,000

The Flatiron District is a busy 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

136

Median Asking Price

$2.20M

Median $/Sqft

$1,778

Avg Days on Market

N/A

New This Week

6

Price Reduced

38%

Sold (30 Days)

14

Median Sale Price

$2.25M

Live data from RLS at REBNY • Updated 6/10/26, 3:49 AM EST

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Location

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16 W 16TH Street #11FN, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
14
Floors
481
Residential Units
C6-2M
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $44,628,750
Land Value: $6,294,150
Exemptions: $537,283

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

Lot Area: 45,223 SF
Building Area: 403,741 SF
Built FAR: 8.93
Allowed FAR: 6.02

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 $833.45 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1964, making it approximately 62 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: RLS10069400
First Listed: 11/4/2014
Closed: 4/20/2015
Contract Date: 11/4/2014

Listing Courtesy of The Corcoran Group - Dennis J Margulies

Listing Contact: (212) 645-4040

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 6/10/2026 at 7:49 AM UTC

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