Updated 4 days ago
In contract

Chelsea Lane

16 West 16th Street, 5-NS

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

Junior 1 3 Rooms1 Bed1 Bath575 Square FeetCo-op

$639,000
Maintenance$1,143
Price Per SF
$1,111

Listing Features

  • Abundant Closets
  • Custom Closets
  • Refinished Floors
  • Dishwasher
  • Galley

Outdoor space and views

  • Garden Views
  • North 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, 5-NS

Situated just off Fifth Avenue and down the street from Union Square, this Junior 1 bedroom with a low maintenance is located in The Chelsea Lane, a premier full service coop.

Converted from an alcove studio, the apartment has a sliding door allowing for a separate bedroom while still allowing for an open feel. The well-proportioned home features an entry area/living room measuring approximately 31 feet long. The spacious living room has a perfect spot for a dining table, 3 large closets a generous sized galley kitchen and newly refinished wood floors. In addition, the bathroom has a window, not commonly found in the building.

Amenities in The Chelsea Lane include a 24 hour doorman, live-in super, full staff, bike storage (fee) and an on-site managing agent. The pet-friendly coop permits up to 80% financing and pied-a-terre and parents buying for working children is permitted with board approval. Substantial recent upgrades include new lobby, hallways, elevators, roof and parapet replacement. Dream location at the crossroads of Chelsea/Flatiron and Union Square with Madison Square Park in close proximity. All major subway lines are nearby and Greenwich Village is just 2 blocks away.
There is a $299.83 monthly assessment thru 2/27.

Listing History for 16 West 16th Street, 5-NS

Now
05/29/2026
Contract Signed by Drew Glick
Brown Harris Stevens
04/25/2026
$639,000 [-$26,000] [3.9%]
Price Drop by Drew Glick
Brown Harris Stevens

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

Contact Agents

Contact Agents

Drew Glick
Brown Harris Stevens
Licensed As
Juliana Frei
Salesperson
License#:
40FR1122611
Company:
Brown Harris Stevens
Juliana Frei
Brown Harris Stevens
Edward Swain
Brown Harris Stevens
View this property on the company's website

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
-
-

AlcoveStudio in Flatiron District

APPSF
Median
Average
$1,248
$749,000
$715,667
$1,111
$639,000
$639,000
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: 169699