Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

Listed at $710,000 · Sold 1.4% below asking · Closed March 15, 2024

SOLD: 16 W 16th Street #5RN
SOLD $700,000
Sold Co-op

$700,000

Listed at $710,000 $-10,000 vs asking

16 W 16th Street #5RN

Flatiron, Manhattan

16 West 16th Chelsea Lane

MLS® #RLS10940625

RLS at REBNY

Listing by Coldwell Banker Warburg

1

Bedroom

1

Bath

N/A

Sq. Ft.

1960

Year Built

Sale Details

Sale Price $700,000
Original List Price $710,000
Close Date March 15, 2024
vs. Asking Sold 1.4% below asking

Property Summary

Bedrooms 1
Bathrooms 1
Year Built 1960
Ownership Co-op
Maintenance $1,026/mo
Neighborhood Flatiron
Floor 5 of 14

Description

MOTIVATED SELLER: Welcome home: Apartment 5RN, an urban oasis in one of the most convenient locations in Manhattan! The Chelsea Lane, located at 16 West 16th Street, is a full service co-op building recognized for its 24/7 doorman and remarkably low monthly maintenance. This sunny and tranquil south facing corner unit with multiple closets overlooks a quiet courtyard and invites you into a space designed for easy living and effortless entertaining. The original layout has been reimagined with an open kitchen, creating a great room while still providing defined areas for meal prep, dining and living. The modern kitchen features a large pantry cabinet and all stainless appliances including a built-in microwave, GE refrigerator with ice-maker, and a Miele dishwasher. Whether rolling out pastry dough, dining alone, or setting up a buffet meal for a group of friends, you will enjoy the convenience of the large granite island on a daily basis. The bedroom can accommodate a queen bed plus nightstand and dresser and provides an additional closet for both clothing and linens. The updated bathroom features a spa-like shower, classic subway tiles, and - big bonus - a window allowing for cross breeze ventilation! This pet-friendly haven, subject to board approval, is also pied-à-terre, and guarantor friendly. Subletting is permitted after five years of ownership, for a total of four years. Experience the convenience of the innovative laundry system, allowing you to remotely select your washer and dryer via a mobile app. Receive timely alerts via text when your laundry is complete, adding a touch of modern ease to your daily routine. The building's renovated lobby and hallways welcome you with a fresh, contemporary aesthetic, setting the tone for a new chapter in homeowner comfort. Located just a block away from Union Square Greenmarket, Whole Foods, Trader Joe’s, and the vibrant 5th Avenue shopping and restaurant scene, this residence ensures you're at the center of it all. Enjoy seamless access to major transportation hubs, with nearby subway and train options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains), as well as Citi Bikes stationed conveniently at the northeast corner of 5th Avenue and 16th Street. Discover the epitome of urban living at Apartment 5RN—a harmonious blend of modern convenience, sophisticated design, and prime location in the vibrant heart of 16 West 16th Street. ***

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Year Built 1960

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RLS at REBNY

Listing courtesy of Alan Levy at Coldwell Banker Warburg. 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. This 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.

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