SOLD FOR $445,000
Listed at $450,000 · Sold 1.1% below asking · Closed August 27, 2024
16 W 16th Street #8HN
MLS® #RLS10965021
Listing by Sothebys International Realty
Studio
1
Bath
N/A
Sq. Ft.
1960
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: South facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 15, 2024 | $545,000 | - |
| Price Reduced | Apr 17, 2024 | $500,000 | -8.3% |
| Currently | May 13, 2026 | $450,000 | -10.0% |
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
Exterior Features
Appliances
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe 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 NeighborhoodActive Listings
133
Median Asking Price
$2.29M
Median $/Sqft
$1,788
Avg Days on Market
N/A
New This Week
9
Price Reduced
32%
Sold (30 Days)
12
Median Sale Price
$2.54M
Live data from RLS at REBNY • Updated 5/13/26, 7:34 PM EST
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Location
16 W 16th Street #8HN, Flatiron, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $869 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
According to MLS records, the building was constructed in 1960, making it approximately 66 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 the listing broker for weight limits or breed restrictions.
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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 5/13/2026 at 11:34 PM UTC