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253 West 16th Street 1BNew York, NY 10011

For Sale

$1,095,000

Smart Buyer Rebate $13,688

Tucked away in the heart of Chelsea, 253 West 16th Street, Unit 1B, presents a rare opportunity to secure a piece of classic Manhattan architecture and transform it into a bespoke urban retreat. This residence serves as a magnificent canvas for your personal touch, offering the kind of foundational elements—like soaring high ceilings and impressive volume—that are becoming increasingly hard to find.

The apartment’s oversized windows let natural light play across the hardwood floors, highlighting the living space's generous proportions. The current layout offers a clear sense of flow. The primary suite and kitchen areas are perfectly positioned for a creative refresh, allowing you to bring a custom vision to life with high-end finishes and tailored fixtures that reflect your specific style. It is a space that invites you to think big and create a polished sanctuary that is entirely your own.

The building offers a live-in superintendent, laundry room, video intercom, bike storage, and storage units available for rent. In-unit washer/dryer installation is permitted with approval. The co-op allows up to 80% financing. Subletting is permitted after one year of ownership for up to three out of every six years. Guarantors are permitted, and pets are welcome with board approval.

Living at 253 West 16th Street places you at the epicenter of downtown culture. You are moments away from the lush greenery of the High Line and the world-renowned contemporary art galleries that define Chelsea’s creative soul. From the artisanal offerings of Chelsea Market to the high-energy dining of the nearby Meatpacking District, the lifestyle perks are unparalleled. With effortless access to multiple subway lines, this is more than just a home—it is a chance to craft your own masterpiece in one of the most desirable corners of the city.

Listed by Patrick Rodgers Frankfort

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Compass

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(917) 855-3141

Listed by David Ellis

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Compass

Last updated October 27, 2026

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Source: REBNY #RLS20119325

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodChelsea
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu26
  • HOA/Maint. Fees$2,253.65/month

Amenities

  • Dishwasher
  • Pets Allowed

Location

Mortgage Calculator

Listing History

10/26/2026
Price Decreased
$1,095,000
10/05/2026
Listed by Compass
$1,200,000
  1. 10/26/2026$1,095,000
    Price Decreased
  2. 10/05/2026$1,200,000
    Listed by Compass

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$10,950
Bank Attorney
$1,500
Other Closing Costs
$4,000
Total
$20,450

Estimated closing costs are based on the list price of $1,095,000 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 253 West 16th Street 1B

Association

Amenities

  • Pets Allowed: Building Yes

Fees

  • Association Fee: $2,253.65 Monthly

Financial

  • Flip Tax: 10.0%
  • Flip Tax Remarks: 10 Per Share.

Exterior

Construction

  • Number Of Units Total: 53
  • Stories Total: 6
  • Structure Type: Multi Family
  • Year Built: 1930
  • Entry Level: 1

Features

  • Building Features: Elevator(s)

Measurements

  • Lot Size Area: 9,137
  • Lot Size Dimensions: 86
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0766-0009-00253-000-000001B

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Hardwood
  • Interior Features: Entrance Foyer, High Ceilings, Walk-In Closet(s)

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Chelsea
  • Tax Block: 00766
  • Tax Lot: 0009

Utilities

Equipment

  • Laundry Features: Common Area

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 253 West 16th Street 1B.

Are pets allowed at 253 West 16th Street?

Yes, 253 West 16th Street allows pets. Check the Property Details for any relevant restrictions.

How does 253 West 16th Street 1B compare to other co-ops in Chelsea?

This co-op is listed 23% below the average price for co-ops in Chelsea and has been on the market for 85 less days than the typical home in this area.

253 West 16th Street 1B is a 2-bedroom, 1-bath co-op for sale in New York NY 10011. Listed on Prevu for 26 days at $1,095,000. This includes a recent price decrease of $105,000. This home is located in Chelsea. The median listing price for co-ops in this area is $1,750,000. The home offers dishwasher and pets allowed. 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.