---
title: "16 West 16th Street #1UN, New York City, NY 10011"
description: "16 West 16th Street #1UN, New York City, NY 10011 — Flatiron, New York City, NY. Listing Price $649,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $9,735 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-un-1UN-ny-10011"
source: "Real Estate Rebate Team"
dateModified: "2026-08-24T20:12:53.228Z"
status: "Active"
---

# 16 West 16th Street #1UN, New York City, NY 10011

Flatiron, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: August 24, 2026, 4:12 PM

## At a Glance

- **Listing Price**: $649,000
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,116 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 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**: $649,000
- **Illustrative Buyer Commission Share**: -$9,735*
- **Illustrative Net Cost**: $639,265

*Illustrative Buyer Savings of $9,735 — 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 (5)

![16 West 16th Street #1UN, New York City, NY 10011 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/358ddb2b-1623-4b48-b5ff-2ee081b8c172.jpg)
![16 West 16th Street #1UN, New York City, NY 10011 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6e0deb0-8c41-4199-8b49-54f185b9e929.jpg)
![16 West 16th Street #1UN, New York City, NY 10011 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/89106023-1711-4f06-a996-78bab017a9fb.jpg)
![16 West 16th Street #1UN, New York City, NY 10011 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/42cd7ad9-4a36-4b05-afeb-917bc3c1c666.jpg)
![16 West 16th Street #1UN, New York City, NY 10011 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f490b674-0fa6-4ffe-abfd-9843b994614e.jpg)

## Property Overview

Renovated top to bottom, this lofty and spacious alcove studio/junior 1 bedroom has 9' ceilings with lovely views of historic West 16th street and meticulous building landscaping. Boasting a gracious living/dining room, perfect for entertaining or just enjoying time at home. Other features include mint condition open cook's kitchen with granite counter-tops, over-sized sleeping alcove with charming French doors, beautiful new wood flooring and crown molding throughout.

 A polished, turn-key opportunity in the heart of Flatiron-just unpack and start living.16 West 16th Street "The Chelsea Lane", is one of Flatiron's most sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and an on-site managing agent, as well as handymen & porters with 24 hour coverage. Easy access to laundry on building's lower level. Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron's world renowned restaurants & some of the best shopping NYC has to offer. The building's central location is by Manhattan's major public transportation, so getting around town is incredibly convenient

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 14
- **Year Built**: 1964
- **Common Charges**: $1,116 / Monthly
- **Listed On**: Jul 7, 2026
- **Days on Market**: 63 Days

### Residence Features

- Wall Unit(s)
- Building Other
- Building Courtyard
- High Ceilings
- Dishwasher

## Sales Evidence

### Recent closed sales

103 apartments at Chelsea Lane have recorded sales since September 2021, the most recent for $623,500 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [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 | 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 |
| 3WN (Apartment) | 1 | — | $795,000 | — | June 11, 2024 | City record · MLS |
| 5GN (Apartment) | Studio | — | $699,000 | — | June 10, 2024 | City record · MLS |
| 2EN (Apartment) | 2 | 1,400 | $1,625,000 | $1,161/ft² | June 6, 2024 | City record · MLS |
| 16SN (Apartment) | — | — | $1,999,990 | — | May 14, 2024 | City record |
| 8MN (Apartment) | 1 | — | $875,000 | — | April 10, 2024 | City record · MLS |

Showing the 40 most recent of 103 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

The median closed price for comparable one-bedroom sales at Chelsea Lane is $825,000, based on 49 sales between September 2021 and June 2026. This home is asking $649,000, $176,000 below that median. The middle half of those sales closed between $717,500 and $910,000.

- **Median closed price**: $825,000
- **Middle half**: $717,500 – $910,000
- **Based on**: 49 one-bedroom sales at Chelsea Lane
- **Period**: September 2021 – June 2026

Square footage is recorded for only 8 of these 49 sales (16%), 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.

Across the 40 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 73% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 97.5% of the original ask
- **Closed below ask**: 73% of 40 sales
- **Listed → in contract**: 59 days (about 8 weeks)
- **In contract → closed**: 94 days (about 13 weeks)

Across the 40 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 73% of them closed below the original ask.

Half of these homes were in contract within 59 days (about 8 weeks) of coming to market, based on the 43 with a recorded listing date.

Once a deal was agreed, closing took a further 94 days (about 13 weeks), based on the 45 with both dates recorded. A co-op board package and its interview account for much of that.

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.

Based on 49 one-bedroom sales at Chelsea Lane, September 2021 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op one-bedroom sales in Flatiron, 2016 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $936,750 | 10 |
| 2017 | $960,000 | 30 |
| 2018 | $840,000 | 25 |
| 2019 | $850,000 | 33 |
| 2020 | $870,000 | 16 |
| 2021 | $852,408 | 46 |
| 2022 | $897,500 | 46 |
| 2023 | $920,500 | 34 |
| 2024 | $817,500 | 26 |
| 2025 | $937,500 | 29 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Flatiron instead.

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)

## Price and Property History for 16 West 16TH Street, Unit 1UN

Review the recorded listing activity for 16 West 16TH Street, Unit 1UN, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $685,000 on January 10, 2017

| Date | Price | Listing event |
| --- | --- | --- |
| July 7, 2026 | $649,000 | Listed for sale by Douglas Elliman Real Estate |
| January 10, 2017 | $685,000 | Sold — recorded sale price |
| June 20, 2016 | $699,000 | Listed for sale by The Corcoran Group |

## 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 20 active listings.

- **Year Built**: 1964
- **Total Units**: 20
- **Floors**: 14

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

### Available Residences — For Sale (20)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 62 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 | 145 days |
| [9GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-gs-9GS-ny-10011) | Studio | 1 | — | — | $623,500 (-3.9%) | Douglas Elliman Real Estate | Sep 24, 2025 | 348 days |
| [2TS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ts-ny-10011) | 1 | 1 | — | — | $899,000 (-5.3%) — In contract | Douglas Elliman Real Estate | Mar 3, 2026 | 188 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%) | Compass | Mar 7, 2026 | 184 days |
| [4LN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ln-4LN-ny-10011) | 1 | 1 | 725 sqft | $1,276 | $925,000 (-3.5%) — In contract | Douglas Elliman Real Estate | Mar 10, 2026 | 181 days |
| [5NS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ns-5NS-ny-10011) | 1 | 1 | 575 sqft | $1,111 | $639,000 (-3.9%) — In contract | Brown Harris Stevens Residential Sales LLC | Mar 18, 2026 | 173 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 | 168 days |
| [11NS](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10011/16-west-16th-street-ns-11NS-ny-10011) | Studio | 1 | — | — | $659,000 (-1.5%) | Yoreevo LLC | Oct 17, 2025 | 325 days |
| [2SS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-2ss-ny-10011) | 1 | 1 | — | — | $749,000 (-6.3%) | Douglas Elliman Real Estate | Apr 7, 2026 | 153 days |
| [14GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-14gs-ny-10011) | 1 | 1 | — | — | $899,000 — In contract | Douglas Elliman Real Estate | Apr 7, 2026 | 153 days |
| [11KS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-ks-11KS-ny-10011) | Studio | 1 | — | — | $515,000 (-1.9%) | Douglas Elliman Real Estate | Apr 7, 2026 | 153 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 | 129 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%) | Compass | Jun 4, 2026 | 95 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 | 94 days |
| [5HN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-west-16th-street-hn-5HN-ny-10011) | Studio | 1 | — | — | $550,000 — In contract | Compass | Jun 17, 2026 | 82 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 | 80 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 | 47 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 | 42 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 | 20 days |

## Estimated Monthly Payment

**$4,398 / month**, assuming a 20% down payment ($129,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,282
- **Common Charges**: $1,116

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

## 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.