---
title: "16 West 16TH Street #5NS, New York, NY 10011"
description: "16 West 16TH Street #5NS, New York, NY 10011 — NYC real estate listing on Real Estate Rebate Team. Priced at $639,000. Est. potential buyer savings up to $15,975 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ns-5NS-ny-10011"
source: "Real Estate Rebate Team"
---

# 16 West 16TH Street #5NS, New York, NY 10011

> **Listing Courtesy of:** Brown Harris Stevens Residential Sales LLC

## Description

Situated just off Fifth Avenue and down the street from Union Square, this Junior 1 bedroom with a low maintenance is located in The Chelsea Lane, a premier full service coop. 
 
 Converted from an alcove studio, the apartment has a sliding door allowing for a separate bedroom while still allowing for an open feel. The well-proportioned home features an entry area/living room measuring approximately 31 feet long. The spacious living room has a perfect spot for a dining table, 3 large closets a generous sized galley kitchen and newly refinished wood floors. In addition, the bathroom has a window, not commonly found in the building.
 
 Amenities in The Chelsea Lane include a 24 hour doorman, live-in super, full staff, bike storage (fee) and an on-site managing agent. The pet-friendly coop permits up to 80% financing and pied-a-terre and parents buying for working children is permitted with board approval. Substantial recent upgrades include new lobby, hallways, elevators, roof and parapet replacement. Dream location at the crossroads of Chelsea/Flatiron and Union Square with Madison Square Park in close proximity. All major subway lines are nearby and Greenwich Village is just 2 blocks away. 
 There is a $299.83 monthly assessment thru 2/27.

## Property Details

- **Price**: $639,000
- **Potential Buyer Rebate**: $15,975
- **Bedrooms**: 1
- **Bathrooms**: 1
- **Living Area**: 575 sqft
- **Property Type**: Residential
- **Year Built**: 1964
- **Building**: Chelsea Lane
- **Neighbourhood**: Flatiron
- **Area / Borough**: Manhattan
- **Subdivision**: Flatiron
- **Listing Office**: Brown Harris Stevens Residential Sales LLC
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$15,975** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/chelsea-lane)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/flatiron)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

---

> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.