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16 West 16th Street 7RNNew York, NY 10011

For Sale

$699,000

Smart Buyer Rebate $4,975

Spacious, Sunlit Jr One-Bedroom in Prime Chelsea Location Welcome to Apartment 7RN, a generously proportioned Junior one-bedroom now available at the desirable Chelsea Lane cooperative. This south-facing, sun-drenched apartment offers serene courtyard views and a layout that balances open living with thoughtful privacy. The expansive living area is complemented by a separate sleeping alcove featuring a sliding wall-ideal for customizing your space to be either open and airy or tucked away for solitude. The open kitchen boasts granite countertops, oak cabinets, stainless steel appliances, and a full-size refrigerator with a convenient bottom-drawer freezer. The windowed bathroom includes a pedestal sink, sliding glass shower doors, and natural ventilation. Additional features include hardwood floors throughout and abundant closet space. Building Amenities: 24-hour doormen and exceptional building staff Low maintenance Onsite super and resident manager Smart laundry facilities powered by My Magic Pass that allows selecting and monitoring your machines from your phone Elevator building Laundry in basement (W/D not allowed in unit) Parking garage Outstanding Location: Just blocks from Union Square and its renowned Greenmarket, this apartment is perfectly positioned near Trader Joe's, Whole Foods, top-tier restaurants, cafes, and retail. Excellent Transportation Options: Easily accessible to subway lines 4, 5, 6, N, R, Q, L, W, F, V, 1, 2, and 3, making commutes and city exploration seamless. Citibikes are available on the corner of 16th and Fifth Ave. Important Details: This is a co-op sale up tp 80% financing allowed Pets allowed Guarantors allowed Gifting allowed Parents buying allowed Pied-a-Terres allowed Full board package application required Sublease: Shareholder must live in unit for a total of 5 years before they can sublease. Sublease total is for 4 years. Shown with 24 hours notice. Shown by appointment only Don't miss this opportunity to own a bright, flexible, and well-located home in one of Flatiron's most respected full-service buildings.

Listed by Alan H Levy

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Coldwell Banker Warburg

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(917) 742-6743

Listed by Mary L Hall-Mayer

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Coldwell Banker Warburg

Last updated January 30, 2026

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Source: REBNY #RLS20030576

Listing Facts

  • TypeCo-op
  • NeighborhoodUnion Square
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu232
  • HOA/Maint. Fees$1,182/month

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

01/05/2026
Price Decreased
$699,000
09/09/2025
Price Decreased
$710,000
06/12/2025
Listed by Coldwell Banker Warburg
$720,000

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 $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 7RN

Association

Amenities

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

Fees

  • Association Fee: $1,182.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Paid By Seller

Exterior

Construction

  • Number Of Units Total: 489
  • Stories Total: 14
  • Structure Type: High Rise
  • Year Built: 1964
  • Building Name: Chelsea Lane
  • Entry Level: 7

Features

  • Building Features: Elevator(s), Storage

Financial

Taxes

  • Parcel Number: 0817-0029-00016-000-00007RN

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 2

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 7RN.

How does 16 West 16th Street 7RN 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 127 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 7RN is a 1-bedroom, 1-bath co-op for sale in New York NY 10011. On Prevu for 232 days at $699,000. This includes a recent price decrease of $11,000. This home is located in Union Square. The median listing price for co-ops in this area is $2,795,000. The home offers private outdoor space and doorman. View other co-op listings in Manhattan.

Based on information from 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 in the market. ©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.