Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $785,000

Listed at $795,000 · Sold 1.3% below asking · Closed June 14, 2016

16 W 16TH Street #12MS
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Closed For Sale Co-op

$795,000

16 W 16TH Street #12MS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10048552

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 $1,034/mo
Neighborhood Flatiron
Floor 12 of 14

Property Highlights

  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 12 of 14
Exposure North
Cooling Wall Units
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Parcel # 0817-0029-00016-000-00012MS

Description

One of a Kind! High Floor L Studio/Junior 1 Bedroom with 28' Living/Dining Room at The Chelsea Lane! Quiet and spacious, the entry foyer boasts two generous closets. The oversized windowed Eat-In Kitchen has a pass-through to the living/dining room. The sleeping alcove has double exposures and pocket door for maximum use of space. Newly updated bathroom with bonus dressing area is a real luxury. Perfect for entertaining friends or enjoying some serenity in the heart of the Flatiron district. A unique floor plan for the building makes this a great find! The Chelsea Lane is a 24 hour doorman building with live-in super and on site managing agent. There is a full staff of handymen and porters and Laundry, storage and bike room and Garage access. Conveniently located near Union Square Farmers Market, lower Fifth Avenue/Flatiron shopping district and all major public transportation!

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Building Information

Building Chelsea Lane
Total Units 489
Stories 14

Financial Details

Maintenance $1,034/mo
Sale Price $785,000
Previous Price $785,000

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

121

Median Asking Price

$2.29M

Median $/Sqft

$1,678

Avg Days on Market

N/A

New This Week

7

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.80M

Live data from RLS at REBNY • Updated 3/26/26, 10:03 AM EST

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Location

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16 W 16TH Street #12MS, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan
MLS® ID: RLS10048552
First Listed: 2/16/2016
Price Changed: 6/14/2016
Closed: 6/14/2016
Contract Date: 2/16/2016

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 3/26/2026 at 2:03 PM UTC

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