Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $740,000

· Closed October 29, 2024

16 W 16TH Street #1FN
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Closed For Sale Co-op

$740,000

16 W 16TH Street #1FN

Flatiron, Manhattan

CHELSEA LANE

MLS® #RLS10966877

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,175/mo
Parking Garage
Neighborhood Flatiron
Floor 1 of 14

Property Highlights

  • Views: Other
  • Exposure: South facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 14
View Other
Exposure South
Cooling Wall Units
Pets Yes
Year Built 1964
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00001FN
Block/Lot 00817/0029

Description

This very special Jr. 1 Bedroom/L-Studio features an enormous private patio with a tranquil southern exposure into the building's landscaped garden. This unique opportunity offers tons of potential to design your own space.

Enter into a generous foyer that is ideal for a home office or dining. The ample kitchen can easily be opened to add a dining counter, creating a comfortable flow to the living room. Extra large sleeping alcove can easily be modified into a private bedroom with a windowed en suite bathroom. Other features include fantastic closet space, 9-foot ceilings throughout, oversized windows, and newly refinished parquet wood floors.

16 West 16th Street "The Chelsea Lane", is one of Flatiron's most sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and on site managing agent. Well trained staff of handymen & porters with 24 hour coverage. Easy access to laundry, storage, bike room and garage on buildings lower level. Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron's world renowned restaurants & some of the best shopping NYC has to offer. The building's central location keeps you close to all of Manhattan's major public transportation, so getting around town is incredibly convenient! Listing features virtually staged photos.

Features & Amenities

Interior Features

Smoke Free Building None

Exterior Features

Building Courtyard Terrace

Building Amenities

Elevators Storage

Building Information

Building CHELSEA LANE
Total Units 489
Stories 14
Structure HighRise

Financial Details

Maintenance $1,175/mo
Original Price $769,000
Sale Price $740,000
Previous Price $769,000

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

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, 4:30 PM EST

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Location

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16 W 16TH Street #1FN, Flatiron, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10966877
First Listed: 3/6/2024
On Market: 3/6/2024
Price Changed: 10/30/2024
Closed: 10/29/2024
Contract Date: 3/6/2024

Listing Courtesy of Douglas Elliman Real Estate - Dennis 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 3/23/2026 at 8:30 PM UTC

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