Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
54 W 16th Street #9B

For Sale · Listing by Compass

54 W 16th Street #9B

Flatiron, Manhattan

$1,495,000

Interested in this property?
Active For Sale Co-op

$1,495,000

54 W 16th Street #9B

Flatiron, Manhattan

Greenwich House

MLS® #RLS20081720

RLS at REBNY

Listing by Compass

2
Bedrooms
2
Baths
N/A
Sq. Ft.
1955
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1955
Ownership Co-op
Maintenance $3,319/mo
Parking Garage
Neighborhood Flatiron
Floor 9 of 15

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 9 of 15
View City
Exposure North,West
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1955
Parking Garage Available
Parking Features Garage, On Site
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 0817-0085-00054-000-000009B
Block/Lot 00817/0085

Listing History

Event Date Price Change
Listed Apr 7, 2026 $1,895,000 -
Price Reduced Jun 17, 2026 $1,575,000 -16.9%
Currently Aug 9, 2026 $1,495,000 -5.1%

Description

The best Manhattan homes begin with exceptional space. Apartment 9B presents a rare opportunity to own the coveted corner B line at 54 West 16th Street, the building's only two-bedroom, two-bath line. Filled with natural light from multiple exposures, this distinctive residence offers generous proportions, open city views, and a thoughtfully designed layout that seamlessly balances entertaining with everyday living. Western exposures fill the home with sunlight throughout the day, while the nearly 31-foot living room creates a dramatic focal point for gathering, relaxing, or multiple seating areas. A spacious separate dining area flows naturally into the windowed kitchen, appointed with stainless steel appliances, granite countertops, and abundant cabinetry. Set apart from the main living spaces for added privacy, both bedrooms are generously sized and offer excellent closet space. The primary suite enjoys double exposures and an en-suite bath, while a second full bathroom, also in excellent condition, serves the remainder of the home. With its coveted corner location, oversized footprint, open city views, and abundant natural light, Residence 9B represents one of Chelsea/Flatiron's most compelling two-bedroom offerings. Greenwich House is a meticulously maintained cooperative benefiting from two commercial tenants that contribute additional income to the building. Residents enjoy a part-time doorman, live-in superintendent, roof deck with open city views, private storage, bike room, garage, and laundry room. The building’s location simply cannot be beat, as nearly every subway line is within a one to two block radius: F, M, 1, 2, 3, A, C, E, N, R, Q, W, 4, 5, 6, L and Path train. Enjoy all of the amazing restaurants, markets, shops, and cultural institutions nearby including: Union Square Park, Union Square Farmer’s Market, Whole Foods, Trader Joe’s, The Rubin Museum, and more. Parental purchases, gifting, co-purchases, pieds-à-terre, and pets are all permitted. Assessment: $144.16/month through January 2028. Flip Tax: 1.5% paid by seller. *Select images are conceptual renovation renderings provided solely to illustrate one possible design vision for the kitchen. Any future renovations or alterations are subject to applicable building requirements and board approval. Buyers are encouraged to consult with their own architect and contractor regarding design, feasibility, costs, and approvals.

Features & Amenities

Interior Features

Entrance Foyer Granite Counters Walk In Closets Common On Floor Common Area

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building Greenwich House
Building Data View Compliance & Permits
Total Units 119
Stories 15
Structure MultiFamily

Financial Details

Maintenance $3,319/mo
Original Price $1,895,000
Previous Price $1,575,000

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

103

Median Asking Price

$2.25M

Median $/Sqft

$1,828

Avg Days on Market

N/A

New This Week

3

Price Reduced

31%

Sold (30 Days)

6

Median Sale Price

$2.20M

Live data from RLS at REBNY • Updated 8/9/26, 6:05 PM EST

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Location

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54 W 16th Street #9B, Flatiron, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2012
Year Built
14 years old
4
Floors
2
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $238,200
Land Value: $10,020
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,393 SF
Building Area: 4,158 SF
Built FAR: 2.98
Allowed FAR: 3

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 $3,319 per month. Confirm the exact amount with Milton Coste 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 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1955, making it approximately 71 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: Pets Allowed. Contact Milton Coste 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: RLS20081720
First Listed: 4/6/2026
On Market: 4/7/2026
Price Changed: 6/17/2026
Contract Date: 3/22/2026

Listing Courtesy of Compass - Brad Malow

Listing Contact: (917) 929-5545

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 8/9/2026 at 10:05 PM UTC

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Flatiron Market Update

6 sales last 30 days · $2.25M median · 17.2 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Flatiron Borough Manhattan
County New York
Floor 9 of 15
Year Built 1955
First Listed 4/6/2026
Parking Garage
Maintenance $3,319/mo

Monthly Costs Estimate

Down Payment 20%

$299,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $3,319
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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