Prevu by reAlpha
BuySellBlogBrowse Listings

16 West 16th Street 7RSNew York, NY 10011

For Sale

$1,475,000

Smart Buyer Rebate $18,438

A private terrace. An oversized primary suite. Exceptional closet space. A thoughtfully created second bedroom. Apartment 7RS delivers the kind of flexibility, storage, and comfort that Manhattan buyers rarely find in one home.
Originally configured as a one-bedroom, the current owners intelligently reimagined the layout by creating a true second bedroom, transforming the home into a versatile and highly desirable two-bedroom residence without sacrificing comfort, flow, or functionality.
The expansive living and dining area provides an inviting space for entertaining, relaxing, and everyday living, while the private terrace serves as a coveted outdoor extension of the home-ideal for morning coffee, dining al fresco, gardening, or unwinding after a busy day in the city. Storage throughout the home is exceptional, with multiple closets offering abundant space for clothing, seasonal items, luggage, and all household essentials.
The recently renovated kitchen has been thoughtfully designed with both style and practicality in mind. Featuring abundant cabinetry and storage, it is equipped with a suite of premium stainless-steel appliances, including Bosch, LG, KitchenAid, and Fisher & Paykel.
The king-sized primary bedroom is a true standout, offering the scale and comfort often missing from newer apartments. Large enough to accommodate substantial furniture with room to spare, it serves as a peaceful retreat from city life. Complementing the space is an impressive walk-in closet as well as two additional closets, providing the kind of storage Manhattan residents dream about.
The thoughtfully designed second bedroom includes a murphy bed that flips around to function also as an office with a fold out desk. This versatility provides endless flexibility as a guest room, home office, nursery, or creative studio - making the apartment well-suited for a variety of lifestyles.
Located within the highly regarded Chelsea Lane Cooperative, residents enjoy full-time door staff, a live-in superintendent, beautifully landscaped gardens separating the North and South Towers, a newly renovated lobby and hallways, bike storage, central laundry, and a prime Flatiron location at the crossroads of Union Square, Chelsea, Greenwich Village, and NoMad within close proximity to mass transit options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains).
Moments from Madison Square Park, the Union Square Greenmarket, acclaimed restaurants, boutique shopping, and multiple transportation options, Apartment 7RS offers a rare opportunity to own a home that seamlessly combines space, storage, outdoor living, and one of Manhattan's most desirable downtown addresses.
Some apartments check a few boxes. Apartment 7RS checks the ones buyers spend years searching for.

Some pictures have been virtually staged.

Listed by Dana Beil

·

Corcoran Group

·

(617) 686-7971

Listed by Ryan W Kaplan

·

Corcoran Group

Last updated June 14, 2026

·

Source: REBNY #RLS20096804

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodUnion Square
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu6
  • HOA/Maint. Fees$1,754/month

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

06/10/2026
Listed by Corcoran Group
$1,475,000

Estimated Closing Costs

Total
$24,250
Attorney Fees
$4,000
NYC Mansion Tax
$14,750
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,475,000 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 7RS

Association

Amenities

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

Fees

  • Association Fee: $1,754.00 Monthly

Financial

  • Flip Tax: 2.0%
  • 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: 7

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Balcony
  • View: City

Financial

Taxes

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

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

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

Parking

Parking

  • Garage: Yes

Utilities

Equipment

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

Frequently Asked Questions

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

There are 2 bedrooms and 1 bathroom in this co-op at 16 West 16th Street 7RS.

How does 16 West 16th Street 7RS compare to other co-ops in Union Square?

This co-op is listed 21% below the average price for co-ops in Union Square and has been on the market for 99 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.

16 West 16th Street 7RS is a 2-bedroom, 1-bath co-op for sale in New York NY 10011. Listed on Prevu for 6 days at $1,475,000. This residence is 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. Browse 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.