Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $445,000

Listed at $450,000 · Sold 1.1% below asking · Closed August 27, 2024

16 W 16th Street #8HN
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Closed For Sale Co-op

$450,000

16 W 16th Street #8HN

Flatiron, Manhattan

16 West 16th Chelsea Lane

MLS® #RLS10965021

RLS at REBNY

Listing by Sothebys International Realty

Studio

1

Bath

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Lot Size 45,223 sq ft
Year Built 1960
Ownership Co-op
Maintenance $869/mo
Parking Garage
Neighborhood Flatiron
Floor 8 of 15

Property Highlights

  • Views: City
  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 8 of 15
View City
Exposure South
Pets Yes
Year Built 1960
Parking Garage Available
Structure Type HighRise
Furnished Unfurnished
Lot Size 45,223 sq ft
Block/Lot 00817/0029

Description

Estate Condition. Virtually staged. Location! Location! Location! Unbeatable location and one of 5th Avenue's best coops! This spacious and bright straight-studio layout offers flexible space that comfortably fits living/dining/work and sleeping areas and is ready to be re-imagined into the perfect place for you to call home or your NYC pied-a-terre. Oversized windows let natural sunlight into this apartment. 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 with a 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! This coop allows pets with Board approval, pied-a-terre, co-purchasing, and parents buying for employed children. 80% max financing.

Features & Amenities

Interior Features

Elevator Storage Common On Floor Common Area Laundry Room In Unit

Exterior Features

Building Courtyard Courtyard

Appliances

Dryer Washer Dryer Stacked Washer

Building Information

Building 16 West 16th Chelsea Lane
Total Units 481
Stories 15
Structure HighRise

Financial Details

Maintenance $869/mo
Original Price $545,000
Sale Price $445,000
Previous Price $500,000

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, 6:06 PM EST

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Location

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16 W 16th Street #8HN, Flatiron, New York County

MLS® ID: RLS10965021
First Listed: 3/15/2024
On Market: 3/15/2024
Price Changed: 4/17/2024
Closed: 8/27/2024
Contract Date: 3/15/2024

Listing Courtesy of Sothebys International Realty - Lena Datwani

Listing Contact: (212) 431-2440

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 10:06 PM UTC

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