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16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
16 West 16th Street 5NS, New York NY 10011
New York>Manhattan>Union Square

16 West 16th Street 5NSNew York, NY 10011

For Sale

$665,000

Smart Buyer Rebate $4,125

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.

Listed by Andrew E Glick

·

Brown Harris Stevens Residential Sales LLC

·

(212) 396-5883

Listed by Juliana Frei

·

Brown Harris Stevens Residential Sales LLC

Last updated March 29, 2026

·

Source: REBNY #RLS20077965

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodUnion Square
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu17
  • HOA/Maint. Fees$1,143/month
  • Size575 sqft
  • Price per sqft$1,157

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

03/18/2026
Listed by Brown Harris Stevens Residential Sales LLC
$665,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $665,000 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 5NS

Association

Amenities

  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $1,143.00 Monthly

Financial

  • Flip Tax Remarks: 2% Paid By Seller SELLER PAYS

Exterior

Construction

  • Number Of Units Total: 489
  • Stories Total: 14
  • Structure Type: High Rise
  • Year Built: 1964
  • Building Name: Chelsea Lane
  • Entry Level: 5

Features

  • Building Features: Elevator(s), Storage

Financial

Taxes

  • Parcel Number: 0817-0029-00016-000-00005NS

Interior

Measurements

  • Living Area: 575
  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

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

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes

Frequently Asked Questions

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

There is 1 bedroom and 1 bathroom in this co-op at 16 West 16th Street 5NS.

How does 16 West 16th Street 5NS compare to other co-ops in Union Square?

This co-op is listed 65% below the average price for co-ops in Union Square and has been on the market for 88 less 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.

What is the square footage on this co-op?

According to the MLS, this listing is 575 sqft.

16 West 16th Street 5NS is a 1-bedroom, 1-bath co-op for sale in New York NY 10011. Listed on Prevu for 17 days at $665,000. This residence features 575 square feet of living space, located in Union Square. The median listing price for co-ops in this area is $2,795,000. Property amenities include private outdoor space and doorman. Explore more 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.