Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

· Closed August 11, 2025

16 W 16TH Street #8LS
Closed For Sale Co-op

$700,000

16 W 16TH Street #8LS

Flatiron, Manhattan

Chelsea Lane

MLS® #RLS11033036

RLS at REBNY

Listing by Coldwell Banker Warburg

Studio

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,137/mo
Neighborhood Flatiron
Floor 8 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 8 of 14
View Other
Exposure North
Cooling Wall Units
Pets Yes
Year Built 1964
Structure Type HighRise
Basement Other
Parcel # 0817-0029-00016-000-00008LS
Block/Lot 00817/0029

Listing History

Event Date Price Change
Listed Feb 6, 2025 $705,000 -
Currently May 9, 2026 $700,000 -0.7%

Description

Welcome home: Apartment 8LS, an urban oasis in one of the most convenient locations in Manhattan!Discover the perfect blend of modern convenience and prime location at Apartment 8LS, located in the renowned Chelsea Lane Co-op aka 16 West 16th Street.This urban oasis is nestled in one of the most convenient and vibrant neighborhoods in Manhattan.

Featuring:

24 hour doorman: the security and service of a 24/7 doorman in this full-service co-op building, known for its remarkably low monthly maintenance fees.

North-Facing Quiet Courtyard: The apartment overlooks a serene courtyard, providing a peaceful retreat from the hustle and bustle of the city. The original layout offers an opportunity to reimagine an open kitchen, creating a spacious great room while maintaining defined areas for meal prep, dining, and living.

Kitchen: The kitchen boasts a large pantry cabinet, new stainless steel stove, and white refrigerator. Using your imagination to create the Perfect kitchen for everything from rolling out pastry dough to hosting a buffet meal for friends.

Comfortable Bedroom: The bedroom can comfortably fit a queen-sized bed, nightstand, and dresser, and includes additional closet for extra storage.

Bathroom: Featuring classic subway tile, a new vanity, and a modern medicine cabinet, and newly tiled bath wall.

Innovative Laundry System: Experience the convenience of a state-of-the-art laundry system that allows you to remotely select your washer and dryer via a mobile app and receive alerts when your laundry is complete.

Renovated Common Areas: The building's renovated lobby and hallways greet you with a fresh, contemporary aesthetic, enhancing your living experience.

Chelsea Lane is known for its low maintenance fees and flexible purchasing options, including co-purchasing, parents buying, guarantors, and gifting. The building is pet-friendly (upon approval) and allows pieds--terre..

Subletting is permitted after five years of residency, with a sublease period of four years.

Full financial disclosure and board approval are needed, with up to 80 percent financing available.

Subletting is permitted after five years of residency, with a sublease period of four years.

Full financial disclosure and board approval are needed.

Prime Location:

Located just a block from Union Square Greenmarket, Whole Foods, Trader Joe's, and the vibrant 5th Avenue shopping and restaurant scene, Apartment 8LS places you at the heart of it all. With seamless access to major transportation hubs, including subway and train options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains), as well as Citi Bikes, convenience nearby.

This is urban living at its finest-a harmonious blend of modern convenience, sophisticated design, and a prime location in the vibrant neighborhood of Flatiron. Photos are virtually staged.

MUST SEE!!! EMAIL FOR AN APPOINTMENT.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Storage

Building Information

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

Financial Details

Maintenance $1,137/mo
Original Price $705,000
Sale Price $700,000
Previous Price $705,000

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

134

Median Asking Price

$2.25M

Median $/Sqft

$1,761

Avg Days on Market

N/A

New This Week

14

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.16M

Live data from RLS at REBNY • Updated 5/9/26, 11:50 AM EST

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Location

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16 W 16TH Street #8LS, Flatiron, New York County

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: $537,283

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 $1,137 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

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 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) 416-7433
MLS® ID: RLS11033036
First Listed: 2/6/2025
On Market: 2/6/2025
Price Changed: 8/12/2025
Closed: 8/11/2025
Contract Date: 2/6/2025

Listing Courtesy of Coldwell Banker Warburg - 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.

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 5/9/2026 at 3:50 PM UTC

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