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305 West 16th Street 5FNew York, NY 10011

For Sale

$985,000

Smart Buyer Rebate $12,125

305 W 16th Street #5F in Chelsea offers a truly rare opportunity: a high-floor one-bedroom with iconic Empire State Building views, positioned within a modern, boutique building that boasts exceptional financial strength, and lender eligibility - perfect for investors and primary end users alike.

Sophisticated, Turnkey Living

This immaculately maintained residence features bright, quiet interiors thanks to triple-pane, double-locked windows, and is finished with sustainable carbonized bamboo flooring throughout. The open kitchen—perfect for daily life or entertaining—showcases Caesarstone countertops, custom Italian Wenge cabinetry, and high-end appliances from Bosch and Fisher & Paykel. The living room and bedroom frame the Empire State Building, offering a constant reminder of your place in Manhattan’s skyline.

A spacious walk-in closet, an upgraded in-unit Miele washer/dryer, and a sleek, spa-inspired bath with Grohe fixtures and Roca tile complete a space designed for both comfort and convenience—truly turnkey from day one.

Boutique Building Vibe, Full-Service Lifestyle

305W16 is a solidly built, seven-story condop developed by Centaur Properties and designed by SLCE Architects, managed to high standards and regarded for its secure, intimate scale—only 53 homes ensure privacy and peace. Financially robust and with strong reserves, the building is fully financeable by all major lenders.

Here, residents enjoy condominium rules: sublet from day one with no restrictions, unlimited rentals, co-purchasing, pied-à-terres, and pets of all sizes—all without board approval or interviews. Amenities include a 24-hour doorman, fitness center, Zen garden, and a furnished roof deck offering panoramic city and Empire State Building views beneath a landmark 35-foot sculpture.

The Best of Chelsea

Situated at the intersection of Chelsea, the West Village, and the Meatpacking District, this address pairs access with excitement. World-class galleries, curated boutiques, and top restaurants are on every block, while the High Line and Hudson River Park offer green escapes moments away. Subway entrances—and the city—are literally at your doorstep.

Living at 305 W 16th means access to a vibrant community, a rich cultural scene, endless dining and shopping, and the ultimate Manhattan lifestyle, all within a financially solid and flexible building—making this home an exceptional value for primary residents and investors alike.

Listed by John B Lee

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License #10401262653

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Compass

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(917) 886-5140

Listed by Collin M Bond

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License #10301211462

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Compass

Last updated September 09, 2025

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Source: REBNY #RLS20045566

Listing Facts

  • TypeCo-op
  • NeighborhoodChelsea
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu7
  • HOA/Maint. Fees$2,192/month

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

09/03/2025
Listed by Compass
$985,000

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 $985,000 and a 25% 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 305 West 16th Street 5F

Association

Amenities

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

Fees

  • Association Fee: $2,192.00 Monthly

Exterior

Construction

  • Number Of Units Total: 53
  • Property Condition: Excellent
  • Stories Total: 7
  • Structure Type: Multi Family
  • Year Built: 2008
  • Entry Level: 5

Features

  • Building Features: Elevator(s)

Measurements

  • Lot Size Dimensions: 138
  • Lot Size Units: SquareFeet

Financial

Other

  • Land Lease: Yes

Interior

Features

  • Appliances: Cooktop, Dryer, Dishwasher, Refrigerator, Washer
  • Flooring: Hardwood
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Chelsea
  • Tax Block: 00740
  • Tax Lot: 7501

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area, In Unit

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. ©2025 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.