Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $678,500

· Closed August 20, 2024

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Closed For Sale Co-op

$678,500

16 W 16TH Street #7GS

Flatiron, Manhattan

CHELSEA LANE

MLS® #RLS10983176

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 $1,085/mo
Parking Garage
Neighborhood Flatiron
Floor 7 of 14

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 7 of 14
View Other
Exposure North
Cooling Wall Units
Pets Yes
Year Built 1964
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00007GS
Block/Lot 00817/0029

Description

Welcome home! Apartment 7GS at The Chelsea Lane is a stunning Jr-1 bedroom / L-studio with recently renovated bath, updated kitchen, and hardwood flooring throughout the living area.

Your living space layout stretches 20' and offers multiple nooks for dining + work from home. Plus, the apartment has great built in cabinets and large closets providing ample storage. The kitchen has a modern style with frosted glass cabinets, mirrored backsplash and stainless steel appliances. The spa-like bathroom features freshly tiled bath surround and a contemporary vanity with vessel sink.

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!

Features & Amenities

Interior Features

Smoke Free Building In Basement

Exterior Features

None

Building Amenities

Elevators Storage

Building Information

Building CHELSEA LANE
Total Units 489
Stories 14
Structure HighRise

Financial Details

Maintenance $1,085/mo
Original Price $709,000
Sale Price $678,500
Previous Price $709,000

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

122

Median Asking Price

$2.32M

Median $/Sqft

$1,717

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, 6:07 PM EST

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Location

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16 W 16TH Street #7GS, Flatiron, New York County

Virtual Tour

Floor Plans

Floor Plan
MLS® ID: RLS10983176
First Listed: 2/26/2024
On Market: 2/26/2024
Price Changed: 8/20/2024
Closed: 8/20/2024
Contract Date: 2/26/2024

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 10:07 PM UTC

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