---
title: "16 West 16th Street #2KS, New York City, NY 10011"
description: "16 West 16th Street #2KS, New York City, NY 10011 — Flatiron, New York City, NY. Listing Price $515,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $7,725 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ks-ny-10011"
source: "Real Estate Rebate Team"
dateModified: "2026-11-02T16:59:34.573Z"
status: "Active"
---

# 16 West 16th Street #2KS, New York City, NY 10011

Flatiron, New York City, NY

Courtesy of Coldwell Banker Warburg

Last updated: November 2, 2026, 11:59 AM

## At a Glance

- **Listing Price**: $515,000
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $875 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares up to 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $515,000
- **Illustrative Buyer Commission Share**: -$7,725*
- **Illustrative Net Cost**: $507,275

*Illustrative Buyer Savings of $7,725 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (7)

![16 West 16th Street #2KS, New York City, NY 10011 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c7629aca-06ad-4875-844c-9338e5c2404d.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6b5c641-4a69-4fe5-97e0-a054cf259cb7.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fcc1646-3f75-410e-bfdf-1132aff1a028.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4e601b09-2172-4b02-a8b0-cd4e7cdbf299.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/06ade523-c7e8-4a92-9e5f-8f36c8f47e25.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6b189cd-9133-40a8-81d8-6d5d5909967d.jpg)
![16 West 16th Street #2KS, New York City, NY 10011 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eeb02b5f-ac8b-4d0f-a1f7-4dd02ccc855d.jpg)

## Property Overview

Just off Fifth Avenue and only one block from Union Square, this quiet and charming studio overlooks beautiful trees and the landscaped gardens of The Chelsea Lane.

Offering exceptional value with  low maintenance, this inviting apartment combines smart design, abundant storage, and tremendous flexibility. Three large closets plus a wall of built-in cabinetry, shelving, and drawers provides an impressive amount of storage. Keep the built-ins as they are or remove them to create your own vision.

The separate kitchen and dining area make entertaining easy. The kitchen can be refreshed simply by painting the existing cabinetry, or opened-up to create a more contemporary, loft-like feel. The generously sized bathroom is in good condition.

 Building Amenities

  24-hour doorman and exceptional building staff

  LOW maintenance

  On-site superintendent and a resident manager

  Smart laundry facilities powered by My Magic Pass, allowing residents to select and monitor machines from their phones

 Multiple passenger and service elevators

  Laundry in the basement; washer/dryer installation is not permitted in apts

 On-site parking garage

  Bike room and caged storage

  Pet-friendly with board approval

  Guarantors and co-purchasing considered

  Pied-à-terres welcome

  Up to 80% financing allowed

  Subletting permitted after five years of residency for a maximum of four years with board approval

 Just a block from Union Square and its' renowned Greenmarket, the apartment is ideally located near Trader Joe's, Whole Foods, and an exceptional selection of top-tier restaurants, cafés, shops, and retail. With numerous subway lines nearby - including the  4, 5, 6, N, R, Q, W, L, F, M, 1, 2, and 3 - you'll have convenient access to virtually everywhere in Manhattan.

This is a wonderful opportunity to own a flexible home or pied-à-terre in one of Flatiron's most desirable full-service co-ops.

Call today for an appointment.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 14
- **Year Built**: 1964
- **Common Charges**: $875 / Monthly
- **Listed On**: Nov 2, 2026
- **Days on Market**: 1 Days

### Residence Features

- Wall Unit(s)
- Building Courtyard

## Estimated Monthly Payment

**$3,479 / month**, assuming a 20% down payment ($103,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,604
- **Common Charges**: $875

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

98 apartments at Chelsea Lane have recorded sales since November 2021, the most recent for $535,000 in October 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [5HN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-hn-5HN-ny-10011) (Apartment) | Studio | — | $535,000 | — | October 22, 2026 | MLS |
| [2TS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ts-ny-10011) (Apartment) | 1 | — | $879,000 | — | October 20, 2026 | MLS |
| [4LN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ln-4LN-ny-10011) (Apartment) | 1 | 725 | $899,000 | $1,240/ft² | October 8, 2026 | MLS |
| [14GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-14gs-ny-10011) (Apartment) | 1 | — | $888,000 | — | October 1, 2026 | MLS |
| [5NS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ns-5NS-ny-10011) (Apartment) | 1 | 575 | $624,500 | $1,086/ft² | October 1, 2026 | MLS |
| [9GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-gs-9GS-ny-10011) (Apartment) | Studio | — | $623,500 | — | August 18, 2026 | MLS |
| [2SS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ss-ny-10011) (Apartment) | 1 | — | $749,000 | — | August 17, 2026 | MLS |
| [11KS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ks-11KS-ny-10011) (Apartment) | Studio | — | $515,000 | — | August 14, 2026 | City record · MLS |
| 7RN (Apartment) | 1 | — | $700,000 | — | June 9, 2026 | City record · MLS |
| 14D/E (Apartment) | — | — | $2,100,000 | — | June 8, 2026 | City record |
| 14BS (Apartment) | Studio | — | $705,000 | — | November 10, 2025 | City record · MLS |
| 1DS (Apartment) | 2 | 1,100 | $1,690,000 | $1,536/ft² | November 4, 2025 | City record · MLS |
| 12VN (Apartment) | 1 | 586 | $700,000 | $1,195/ft² | September 26, 2025 | City record · MLS |
| 3RN (Apartment) | 1 | — | $822,000 | — | September 25, 2025 | City record · MLS |
| 8LS (Apartment) | Studio | — | $698,000 | — | August 11, 2025 | City record · MLS |
| 10LS (Apartment) | 1 | 600 | $717,500 | $1,196/ft² | June 11, 2025 | City record · MLS |
| 8DN (Apartment) | 1 | — | $1,375,000 | — | June 9, 2025 | City record · MLS |
| 3SS (Apartment) | 1 | — | $685,000 | — | May 15, 2025 | City record · MLS |
| 2PN (Apartment) | 1 | — | $687,000 | — | April 2, 2025 | City record · MLS |
| 14DN (Apartment) | Studio | — | $495,000 | — | March 26, 2025 | City record · MLS |
| 4FS (Apartment) | Studio | — | $494,000 | — | March 21, 2025 | City record · MLS |
| 4PN (Apartment) | Studio | — | $765,000 | — | March 11, 2025 | City record · MLS |
| 6JN (Apartment) | 1 | — | $937,500 | — | February 19, 2025 | City record · MLS |
| 8TN (Apartment) | 1 | — | $1,400,000 | — | January 16, 2025 | City record · MLS |
| 5BS (Apartment) | Studio | — | $650,000 | — | January 15, 2025 | City record · MLS |
| 12RS (Apartment) | 1 | — | $910,000 | — | November 13, 2024 | City record · MLS |
| 14CS (Apartment) | 2 | — | $1,850,000 | — | November 8, 2024 | City record · MLS |
| 1FN (Apartment) | Studio | — | $740,000 | — | October 29, 2024 | City record · MLS |
| 3FS (Apartment) | Studio | — | $519,000 | — | October 4, 2024 | City record · MLS |
| 2LN (Apartment) | 1 | — | $855,000 | — | September 5, 2024 | MLS |
| 8HN (Apartment) | Studio | — | $445,000 | — | August 26, 2024 | City record · MLS |
| 7GS (Apartment) | Studio | — | $678,500 | — | August 20, 2024 | City record · MLS |
| 9HS (Apartment) | 1 | — | $884,000 | — | August 13, 2024 | City record · MLS |
| 12FS (Apartment) | 1 | 600 | $717,500 | $1,196/ft² | August 5, 2024 | City record · MLS |
| 2GN (Apartment) | Studio | 575 | $690,000 | $1,200/ft² | August 5, 2024 | City record · MLS |
| 11BS (Apartment) | 1 | — | $735,000 | — | July 30, 2024 | City record · MLS |
| 11HS (Apartment) | 1 | — | $960,000 | — | July 24, 2024 | City record · MLS |
| 7RS (Apartment) | 2 | — | $1,420,000 | — | July 16, 2024 | City record · MLS |
| 2AN (Apartment) | 1 | — | $845,000 | — | July 10, 2024 | City record · MLS |
| 3HS (Apartment) | 1 | — | $849,000 | — | June 12, 2024 | City record · MLS |

Showing the 40 most recent of 98 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $515,000
- **Median sold price**: $678,500
- **Difference**: -$163,500 (-24.1%)
- **Comparable sales**: 19
- **Sales from**: December 2021 – August 2026
- **Middle half of those sales**: $517,000 – $722,500

Based on studio sales at Chelsea Lane.

Square footage is recorded for only 2 of these 19 sales (11%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### How these sales were negotiated

- **Sale-to-list price**: 97.2% (17 sales)
- **Sold below asking**: 77% (17 sales)
- **Typical time to find a buyer**: 82 days (17 sales)
- **Typical time to close**: 94 days (16 sales)

Based on studio sales at Chelsea Lane with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, co-op studio sales in Flatiron

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $580,000 | 12 |
| 2021 | $501,930 | 15 |
| 2022 | $530,000 | 18 |
| 2024 | $601,250 | 16 |
| 2025 | $570,000 | 12 |

Based on recorded co-op studio sales in Flatiron.

Sales data through October 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Chelsea Lane](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-lane)

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 481 apartments. The corporation’s 2026 property tax bill was $5,260,572 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for Chelsea Lane](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-lane)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Chelsea Lane

Flatiron · Stock Cooperative

16 West 16th Street, New York, NY 10011

A building in Flatiron, currently featuring 7 active listings.

- **Year Built**: 1964
- **Active Units**: 7
- **Floors**: 14

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-lane)

### Available Residences — For Sale (16)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [2KS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ks-ny-10011) | Studio | 1 | — | — | $515,000 | Coldwell Banker Warburg | Nov 2, 2026 | 1 days |
| [2AS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-as-2AS-ny-10011) | 1 | 1 | — | — | $799,000 (-5.9%) | Douglas Elliman Real Estate | Mar 23, 2026 | 225 days |
| [11JN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-jn-11JN-ny-10011) | 1 | 1 | — | — | $985,000 | Jade Stone Real Estate Consulting Inc | May 1, 2026 | 186 days |
| [1UN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-un-1UN-ny-10011) | 1 | 1 | — | — | $649,000 | Douglas Elliman Real Estate | Jul 7, 2026 | 119 days |
| [7RS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-7rs-ny-10011) | 2 | 1 | — | — | $1,395,000 (-5.4%) | Corcoran Group | Sep 8, 2026 | 56 days |
| [12KS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-12ks-ny-10011) | 1 | 1 | — | — | $749,000 | Douglas Elliman Real Estate | Sep 15, 2026 | 49 days |
| [3HN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-3hn-ny-10011) | Studio | 1 | — | — | $485,000 | Compass | Oct 9, 2026 | 25 days |
| [10FS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-fs-10FS-ny-10011) | Studio | 1 | — | — | $440,000 (-4.3%) — In contract | Compass | Apr 15, 2026 | 202 days |
| [6FN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-fn-6FN-ny-10011) | Studio | 1 | 600 sqft | $1,248 | $749,000 (-6.3%) — In contract | Compass | Mar 7, 2026 | 241 days |
| [11NS](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10011/16-west-16th-street-ns-11NS-ny-10011) | Studio | 1 | — | — | $659,000 (-1.5%) — In contract | Yoreevo LLC | Oct 17, 2025 | 382 days |
| [12KN](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10011/16-west-16th-street-kn-12KN-ny-10011) | 1 | 1 | — | — | $1,025,000 (-6.8%) — In contract | Compass | Jun 4, 2026 | 152 days |
| [6ES](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-es-6ES-ny-10011) | 1 | 1 | — | — | $749,000 — In contract | Douglas Elliman Real Estate | Jun 5, 2026 | 151 days |
| [12NN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-nn-12NN-ny-10011) | Studio | 1 | 420 sqft | $1,426 | $599,000 — In contract | Serhant | Jun 19, 2026 | 137 days |
| [14MN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-14mn-ny-10011) | 1 | 1 | 745 sqft | $1,072 | $799,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jul 22, 2026 | 104 days |
| [5CS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-5cs-ny-10011) | 1 | 1 | — | — | $925,000 — In contract | Douglas Elliman Real Estate | Jul 27, 2026 | 99 days |
| [7JKS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-7jks-ny-10011) | 2 | 2 | — | — | $950,000 — In contract | Douglas Elliman Real Estate | Aug 18, 2026 | 77 days |

### Recently Sold (8)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [9GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-gs-9GS-ny-10011) | Studio | 1 | — | — | $623,500 | Douglas Elliman Real Estate | Sep 24, 2025 | Aug 18, 2026 |
| [2TS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ts-ny-10011) | 1 | 1 | — | — | $879,000 | Douglas Elliman Real Estate | Mar 3, 2026 | Oct 20, 2026 |
| [4LN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ln-4LN-ny-10011) | 1 | 1 | 725 sqft | $1,240 | $899,000 | Douglas Elliman Real Estate | Mar 10, 2026 | Oct 8, 2026 |
| [5NS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ns-5NS-ny-10011) | 1 | 1 | 575 sqft | $1,086 | $624,500 | Brown Harris Stevens Residential Sales LLC | Mar 18, 2026 | Oct 1, 2026 |
| [2SS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ss-ny-10011) | 1 | 1 | — | — | $749,000 | Douglas Elliman Real Estate | Apr 7, 2026 | Aug 17, 2026 |
| [14GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-14gs-ny-10011) | 1 | 1 | — | — | $888,000 | Douglas Elliman Real Estate | Apr 7, 2026 | Oct 1, 2026 |
| [11KS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ks-11KS-ny-10011) | Studio | 1 | — | — | $515,000 | Douglas Elliman Real Estate | Apr 7, 2026 | Aug 14, 2026 |
| [5HN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-hn-5HN-ny-10011) | Studio | 1 | — | — | $535,000 | Compass | Jun 17, 2026 | Oct 22, 2026 |

## Flatiron

Overview of Flatiron

[Explore Flatiron](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Flatiron

- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [Chelsea Lane — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-lane)
- [Flatiron neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.