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16 West 16th Street 11NSNew York, NY 10011

For Sale

$699,000

Smart Buyer Rebate $4,975

Welcome to this beautifully renovated alcove studio at 16 West 16th Street, The Chelsea Lane!

Bright, spacious, and pin-drop quiet, this home sits in the heart of downtown.

The open kitchen is perfect for entertaining, featuring stainless steel appliances (including a dishwasher), granite countertops, and generous cabinet space.

The sleeping area comfortably fits a queen bed with nightstands, and there are three large closets throughout the apartment.

Chelsea Lane offers a 24-hour doorman, live-in super, bike room, laundry you can monitor from your phone, a garage with direct building access, storage, and newly renovated lobby and hallways.

Guarantors, gifting, co-purchasing and pied-a-terres are all allowed subject to board approval. Subletting is allowed for up to four years after living in the apartment for at least five years.

Youll have endless transportation options with the 4, 5, 6, N, Q, R, W, F, M, L, and PATH trains all within one block, plus the 1, 2, 3, and A, C, E lines not much farther. Whole Foods and Trader Joes are nearby, along with everything Union Square, Flatiron, and Greenwich Village have to offer.

There is a 2% flip tax paid by the seller. There is a monthly assessment of $314.40 through September 2027 for work on the elevators and facade.

All dimensions and measurements are approximate. We support Fair Housing.





Listed by James McGrath

·

Yoreevo LLC

·

(212) 365-0151

Listed by Richard Gibbons

·

Yoreevo LLC

Last updated March 31, 2026

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Source: REBNY #RLS20080395

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodUnion Square
  • Bathrooms1
  • Days on Prevu169
  • HOA/Maint. Fees$1,198/month

Amenities

  • Dishwasher
  • Pets Allowed
  • Concierge
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

03/31/2026
Price Decreased
$699,000
10/17/2025
Listed by Yoreevo LLC
$739,000

Estimated Closing Costs

Total
$26,256
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
NY State Transfer Tax
$2,796
NYC Transfer Tax
$9,960
Seller's Attorney Fee
$4,000

Estimated closing costs are based on the list price of $699,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 16 West 16th Street 11NS

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $1,198.00 Monthly

Financial

  • Flip Tax Remarks: 2% Paid By The Seller

Exterior

Construction

  • New Construction: Yes
  • Year Built: 1964
  • Building Name: CHELSEA LANE

Features

  • Building Features: Elevator(s), Storage

Financial

Taxes

  • Parcel Number: 0817-0029-00016-000-00011NS

Interior

Features

  • Appliances: Dishwasher, Microwave, Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Interior Features: Storage

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Flatiron
  • Tax Block: 00817
  • Tax Lot: 0029

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 16 West 16th Street 11NS.

Are pets allowed at 16 West 16th Street?

Yes, 16 West 16th Street allows pets.

How does 16 West 16th Street 11NS compare to other co-ops in Union Square?

This co-op is listed 63% below the average price for co-ops in Union Square and has been on the market for 64 more days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the Chelsea Lane building.

16 West 16th Street 11NS is a -bedroom, 1-bath co-op for sale in New York NY 10011. On Prevu for 169 days at $699,000. This includes a recent price decrease of $40,000. This property is located in Union Square. The median listing price for co-ops in this area is $2,795,000. Property amenities include dishwasher, pets allowed, doorman, and pied-a-terre allowed. View other co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.