Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,400,000

· Sold at asking price · Closed April 14, 2026

SOLD: 305 W 16th Street #PHD
SOLD $2,400,000
Sold Co-op

$2,400,000

305 W 16th Street #PHD

Chelsea, Manhattan

305W16

MLS® #RLS20059738

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

N/A

Sq. Ft.

2008

Year Built

Sale Details

Sale Price $2,400,000
Original List Price $2,400,000
First Listed At $2,500,000
Close Date April 14, 2026
vs. Asking Sold at asking price

Property Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Year Built 2008
Ownership Co-op
Maintenance $5,709/mo
Neighborhood Chelsea
Floor 1 of 7

Description

FOR INVESTORS - TENANT IN PLACE UNTIL 8/30/26 Enjoy Chelsea living at its finest in this stunning three-bedroom, two-and-a-half-bathroom penthouse featuring extraordinary light and views, contemporary designer interiors and a private roof deck in an exceptional full-service Chelsea condop. This 1,449-square-foot residence makes a dazzling first impression with carbonized bamboo flooring, tall ceilings and quiet double-pane windows spanning the southern and eastern exposures. A gracious foyer flanked by a coat closet and powder room invites you into the corner great room, where the generous footprint for living and dining areas is wrapped in phenomenal open-sky views. Chefs will love the sleek open kitchen where custom Italian cerused Wenge cabinetry and Caesarstone countertops surround a fleet of upscale appliances, including a Bosch cooktop and oven, a Fisher & Paykel refrigerator and a built-in microwave. The desirable split layout places the owner’s suite along the southern exposure, where you’ll enjoy king-size proportions, a walk-in closet and a chic en suite bathroom finished with a large/tub shower, custom Italian-made cabinetry, Roca tile and Grohe fixtures. Two secondary bedrooms offer roomy closets and easy access to a second full bathroom with a rain shower. Head to your magnificent 680-square-foot roof deck for al fresco dining and entertainment alongside views that stretch across Manhattan to the Empire State Building and the super-tall skyscrapers of Midtown. This residence presents a lucrative investment opportunity with its unlimited subletting policy from day one. Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability. Launched in 2011, 305W16 is a luxury cooperative with condominium rules designed by SLCE Architects and topped by the iconic 35-foot-tall flowerpot sculpture by Robert Buchholz. Residents enjoy 24-hour doorman service, a chic lobby, a package room, a fitness center with a Peloton bike, laundry and a lovely landscaped roof deck, plus storage and bike storage for an additional fee. Investor friendly, subletting, pieds-à-terre and co-purchasing allowed. No flip tax. Located where Chelsea meets the Meatpacking District and West Village, this spectacular home is at the epicenter of Manhattan’s most exciting neighborhoods. Take in stunning works of art at the Whitney and West Chelsea’s renowned galleries, or peruse the attractions at Chelsea Market. Enjoy fantastic dining and nightlife in every direction, including Jack’s Wife Freida, Elmo, Cafeteria, RH Rooftop and Pastis. You’ll find breathtaking waterfront outdoor space at the High Line and 550-acre Hudson River Park, including delightful Little Island Park. Transportation from this centrally located neighborhood is unbeatable with A/C/E, L, 1/2/3, F/M and PATH trains, excellent bus service and CitiBikes all nearby NOTE: Some photos have been virtually staged

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
View City
Heating Forced Air
Year Built 2008
Flooring Hardwood

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RLS at REBNY

Listing courtesy of Dogan Baruh at Compass. 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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