Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $575,000

· Closed October 21, 2020

16 W 16TH Street #7FS
Looking for something similar?
Closed For Sale Co-op

$575,000

$1,211 per sq ft

16 W 16TH Street #7FS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS10631364

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

475

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 475 sq ft
Year Built 1964
Ownership Co-op
Maintenance $743/mo
Neighborhood Flatiron
Floor 7 of 14

Property Highlights

  • Location: Flatiron, Manhattan
  • Property Type: Co-op
  • Built: 1964

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 14
Pets Yes
Cross Street 5 AVENUE and AVENUE OF THE AMERICAS
Year Built 1964
Living Area 475 sq ft
Parcel # 0817-0029-00016-000-00007FS

Description

Welcome home to this spacious and newly renovated studio apartment at the Chelsea Lane. Apt 7FS features a wall of windows facing north over the co-op?s private landscaped gardens showcasing cityscape views and blue skies. The northern exposure over the gardens lends itself to a calm and tranquil feeling inside the home. Beautiful new hardwood floors and an updated kitchen with Liebherr refrigerator and freezer and Fisher & Paykel dishwasher drawer, four burner Bertazzoni gas range, microwave & quartz counter tops check all the boxes and make this home move-in ready. Three closets, all with built-in storage solutions and wonderful built-in cabinetry under the window make keeping the home organized super easy. The apt easily accommodates a queen sized bed, full living room set up as well as dining area just off the kitchen. The Chelsea Lane is located just off lower Fifth Avenue and Union Square. A full service co-op with 24 hour doorman, live-in Super, and porters all included in the low monthly maintenance of $743. Parents buying is allowed as are pied-a-terres, guarantors and pets are allowed with board approval. Subletting is permitted after two years of ownership. There is also a parking garage in the building.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building Chelsea Lane
Total Units 489
Stories 14

Financial Details

Maintenance $743/mo
Sale Price $575,000

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

120

Median Asking Price

$2.27M

Median $/Sqft

$1,690

Avg Days on Market

N/A

New This Week

5

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.80M

Live data from RLS at REBNY • Updated 3/25/26, 6:55 AM EST

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Location

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16 W 16TH Street #7FS, Flatiron, New York County • Near 5 AVENUE and AVENUE OF THE AMERICAS

Floor Plans

Floor Plan
MLS® ID: RLS10631364
First Listed: 5/8/2020
Price Changed: 2/5/2021
Closed: 10/21/2020
Contract Date: 5/13/2020

Listing Courtesy of The Corcoran Group - Matthew Slosar

Listing Contact: (917) 326-1717

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 3/25/2026 at 10:55 AM UTC

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