Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
16 W 16TH Street #2BN

For Sale · Listing by Christies International Real Estate New York

16 W 16TH Street #2BN

Flatiron, Manhattan

$685,000

Interested in this property?
Active For Sale • Co-op

$685,000

$1,245 per sq ft

16 W 16TH Street #2BN

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS20125858

RLS at REBNY

Listing by Christies International Real Estate New York

Studio
1
Bath
550
Sq. Ft.
1964
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,153/mo
Neighborhood Flatiron
Floor 2 of 14

Property Highlights

  • Views: Other
  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 14
View Other
Exposure North
Cooling Wall Units
Pets Yes
Year Built 1964
Living Area 550 sq ft
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00002BN
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Nov 9, 2026 $685,000 -
Currently Nov 9, 2026 $685,000 -

Recent Sales in This Building

What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).

Closed Unit Beds Sold For Per Sq Ft
Nov 6, 2026 Unit 10FS Studio $490,000 -
Oct 22, 2026 Unit 5HN Studio $535,000 -
Oct 20, 2026 Unit 2TS 1 BR $879,000 -
See every sale in this building

Description

Long the home of a renowned artist, this oversized alcove studio is a truly distinctive residence offering a wonderful blend of character and flexible living space. Located just one block from Union Square, this colorful home overlooks the beautiful tree-lined street and townhouses on West 16th Street. The generous floor plan creates separate areas for sleeping, working, and entertaining, making the apartment feel more like a one-bedroom than a traditional alcove studio. Custom built-in bookcases and cabinetry provide abundant storage along with three large closets. Whether you envision a comfortable living room, a dedicated home office or an enclosed bedroom, this apartment provides a wonderful opportunity to create a home tailored to your own style and vision. The separate kitchen can be opened-up if you'd like a more loft-like feel; and the generously sized bathroom has been updated and is in good condition. Set within one of Flatiron's premier full-service cooperative buildings, residents enjoy: Building Amenities: 24-hour doorman and exceptional building staff Onsite superintendent and resident manager Low monthly maintenance Smart laundry facilities powered by My Magic Pass, allowing residents to select and monitor machines from their phones Multiple passenger and service elevators Laundry room in the basement (washer/dryers are not permitted in apartments) On-site parking garage Bike room and caged storage Pet-friendly with board approval Guarantors and co-purchasing considered Pied-a-Terres welcome Up to 80% financing allowed Subletting permitted after five years of residency for amaximum of four years with board approval An Unbeatable Location Just moments from Union Square and its renowned Greenmarket, the apartment is ideally situated near Trader Joe's, Whole Foods, top-rated restaurants, neighborhood cafés, shopping, and convenient transportation. - including the 4,5,6,N,R,Q,W,L,F,M,1,2, and 3 subway lines. A home with history, personality, and tremendous potential, this is a rare opportunity to own a spacious and character-filled residence in one of Flatiron's most desirable full-service coops.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard

Building Amenities

Bike Storage Elevators Storage

Building Information

Building Chelsea Lane
Building Data View Compliance & Permits
Total Units 489
Stories 14
Structure HighRise

Financial Details

Maintenance $1,153/mo

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

120

Median Asking Price

$2.60M

Median $/Sqft

$1,852

Avg Days on Market

N/A

New This Week

4

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 11/9/26, 3:04 PM EST

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Location

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16 W 16TH Street #2BN, Flatiron, New York County

Floor Plans

Floor Plan 1

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: $661,495

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 $1,153 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 550 square feet. Verify dimensions independently during due diligence.

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 Milton Coste for weight limits or breed restrictions.

At the current list price of $685,000 for 550 sq ft, the asking price per square foot is approximately $1,245. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20125858
First Listed: 11/9/2026
On Market: 11/9/2026
Price Changed: 11/9/2026
Contract Date: 11/9/2026

Listing Courtesy of Christies International Real Estate New York - Alan H Levy

Listing Contact: (917) 742-6743

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/9/2026 at 8:04 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Flatiron Market Update

16 sales last 30 days · $2.60M median · 7.5 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Flatiron Borough Manhattan
County New York
Floor 2 of 14
Year Built 1964
First Listed 11/9/2026
Living Area 550 sqft
Maintenance $1,153/mo

Monthly Costs Estimate

Down Payment 20%

$137,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,153
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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