Updated 2 days ago
In contract

Chelsea Lane

16 West 16th Street, 4-LN

Flatiron District, Manhattan | Fifth Ave & Ave of the Americas

3.5 Rooms1 Bed1 Bath725 Square FeetCo-op

$925,000
Maintenance$1,338
Price Per SF
$1,276

Listing Features

  • Abundant Closets
  • Hardwood Floors
  • Separate Dining Area
  • Walk-in Closet
  • Dishwasher
  • S Steel Appliances

Outdoor space and views

  • Garden Views
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Courtyard
  • Elevator
  • Garage
  • Garden
  • Laundry Room
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 16 West 16th Street, 4-LN

Gracious one-bedroom residence in one of Chelsea's most sought-after buildings, The Chelsea Lane. This quiet, south-facing home overlooks the building's peaceful gardens and is filled with lovely natural light. The apartment features an updated kitchen, an oversized living room ideal for relaxing or entertaining, and an extra-large bedroom that offers a true retreat. Beautiful wood floors run throughout, complemented by excellent closet space that provides generous storage. A serene and comfortable home in the heart of Chelsea.

A polished, turn-key opportunity in the heart of Flatiron-just unpack and start living.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 an on-site managing agent, as well as handymen & porters with 24 hour coverage. Easy access to laundry on building's 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 is by Manhattan's major public transportation, so getting around town is incredibly convenient!

Capital Assessment: $350.81/month (temporary, ending February 2027)


Listing History for 16 West 16th Street, 4-LN

Now
07/08/2026
Contract Signed by Dennis Margulies
Douglas Elliman
05/08/2026
$925,000 [-$34,000] [3.5%]
Price Drop by Dennis Margulies
Douglas Elliman

Building Details for 16 West 16th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1960
Financing Allowed80%
Floors/Apts14/481
Learn More About the Building

Transit and Citi Bike

Subway

14 St
0.13 miles
6 Av
0.15 miles
14 St-Union Sq
0.21 miles
18 St
0.33 miles
23 St
0.36 miles

Citi Bike

E 15 St & 5 Ave
0.08 miles
E 16 St & 5 Ave
0.08 miles

Building Availability

APPSF
Median
Average
$1,308
$799,000
$995,714
$1,252
$849,000
$762,500
Last 12 months
$1,365
-
-
Last 12 months
$96
-
-

One Bed in Flatiron District

APPSF
Median
Average
$1,596
$1,125,000
$1,207,714
$1,518
$925,000
$1,062,188

Similar Listings in Flatiron District

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 588457