--- title: "253 West 16th Street #3E, New York City, NY 10011" description: "253 West 16th Street #3E, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $475,000. Price Reduced: Reduced $20,000 (4%) from $495,000 on August 27, 2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $7,125 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/253-west-16th-street-3e-ny-10011" source: "Real Estate Rebate Team" dateModified: "2026-08-27T21:06:44.787Z" status: "Active" --- # 253 West 16th Street #3E, New York City, NY 10011 Chelsea, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: August 27, 2026, 5:06 PM ## At a Glance - **Listing Price**: $475,000 - **Price Reduced**: Reduced $20,000 (4%) from $495,000 on August 27, 2026 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $937 / 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**: $475,000 - **Illustrative Buyer Commission Share**: -$7,125* - **Illustrative Net Cost**: $467,875 *Illustrative Buyer Savings of $7,125 — 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 (10) ![253 West 16th Street #3E, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc28fb65-0588-41fc-82d5-12df80fafe45.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cbe7f9a6-ce80-4bff-ab90-c46269414d49.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d762de3a-52dd-4eae-bbcc-e5518c23e2e7.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de41e45b-13b5-4620-a4b3-241fdded45f3.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/85dc91a0-8583-44d5-9c8b-cfb7a905d18d.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7138f39c-d128-4bcd-9b05-b94894881318.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/176bb088-4a08-44a0-aab9-97644116b92c.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17975c05-fb12-4345-9652-35f5246af789.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aba73b3b-0d1f-4194-8377-b50792d2aeeb.jpg) ![253 West 16th Street #3E, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7243b68d-26ec-40c1-bf89-68ac7dd4e43a.jpg) ## Property Overview Welcome to Apartment 3E at 253 West 16th Street, a beautifully renovated home that blends vintage-inspired character with clean, modern simplicity in the heart of Chelsea. Recently renovated throughout, the apartment features dark hardwood floors and a stylish open-concept windowed kitchen with minimalist open shelving, creating an airy and uncluttered feel. The fully renovated windowed bathroom continues the vintage-inspired aesthetic with thoughtful finishes and timeless appeal. A gracious entry foyer provides a welcoming sense of space upon arrival, while the generously sized main living area offers high ceilings and excellent flexibility for both sleeping and entertaining. There is ample room to comfortably accommodate a bed with nightstands, a desk or workspace, a sofa and coffee table, as well as a dining area-allowing you to create distinct living, sleeping, working, and dining zones without sacrificing comfort. Located on the third floor of a well-maintained elevator co-op, 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. All of this in a prime Chelsea location, surrounded by some of downtown's best dining, shopping, nightlife, transportation, and neighborhood conveniences. Maintenance: $937.05 per month Current assessment: $185.18 per month ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Stories**: 6 - **Year Built**: 1930 - **Common Charges**: $937 / Monthly - **Listed On**: Aug 12, 2026 - **Days on Market**: 42 Days ### Residence Features - Building Other - High Ceilings ## Estimated Monthly Payment **$3,339 / month**, assuming a 20% down payment ($95,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,402 - **Common Charges**: $937 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 10 apartments at CHELSEA HALL have recorded sales since September 2021, the most recent for $985,000 in February 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5C (Apartment) | 1 | — | $985,000 | — | February 6, 2026 | City record · MLS | | 6B (Apartment) | 1 | — | $905,000 | — | January 23, 2026 | City record · MLS | | 6D (Apartment) | Studio | — | $590,000 | — | October 7, 2025 | City record · MLS | | 2D (Apartment) | — | — | $460,000 | — | June 18, 2025 | City record | | 6C (Apartment) | 1 | — | $835,000 | — | May 13, 2024 | City record · MLS | | 5E (Apartment) | — | — | $525,000 | — | April 25, 2024 | City record | | 1-E (Apartment) | 1 | — | $789,000 | — | January 3, 2024 | City record · MLS | | 1-A (Apartment) | 2 | 1,100 | $1,415,000 | $1,286/ft² | April 4, 2023 | City record · MLS | | 1B (Apartment) | 2 | — | $940,000 | — | October 26, 2022 | City record · MLS | | 1CD (Apartment) | — | — | $1,600,000 | — | March 9, 2022 | City record | 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**: $475,000 - **Median sold price**: $567,500 - **Difference**: -$92,500 (-16.3%) - **Comparable sales**: 62 - **Sales from**: October 2024 – July 2026 - **Middle half of those sales**: $486,250 – $618,750 Based on co-op studio sales in Chelsea. Square footage is recorded for only 19 of these 62 sales (31%), 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. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Chelsea instead. ### How these sales were negotiated - **Sale-to-list price**: 96.4% (55 sales) - **Sold below asking**: 80% (55 sales) - **Typical time to find a buyer**: 104 days (55 sales) - **Typical time to close**: 88 days (55 sales) Based on co-op studio sales in Chelsea 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 Chelsea | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $602,500 | 10 | | 2017 | $566,000 | 36 | | 2018 | $535,000 | 19 | | 2019 | $495,000 | 27 | | 2020 | $537,500 | 19 | | 2021 | $520,000 | 43 | | 2022 | $540,000 | 52 | | 2023 | $537,144 | 23 | | 2024 | $565,000 | 32 | | 2025 | $570,000 | 35 | | 2026 YTD | $542,500 | 19 | Based on recorded co-op studio sales in Chelsea. 2026 is year-to-date. Sales data through July 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 HALL](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-hall) ## Price and Property History for 253 West 16TH Street, Unit 3E Review the recorded listing activity for 253 West 16TH Street, Unit 3E, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $20,000, or 4%, on August 27, 2026 - **Originally listed**: August 12, 2026 at $495,000 - **Current asking price**: $475,000 - **Last sold (recorded)**: $495,846 on February 9, 2017 | Date | Price | Listing event | | --- | --- | --- | | August 27, 2026 | $475,000 | Asking price reduced by $20,000, or 4% | | August 12, 2026 | $495,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | | February 9, 2017 | $495,846 | Sold — recorded sale price | | December 22, 2016 | $475,000 | Listed for sale by FirstService Realty NYC | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 53 apartments. The corporation’s 2026 property tax bill was $468,905 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 HALL](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-hall) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### CHELSEA HALL Chelsea · Stock Cooperative 253 West 16th Street, New York, NY 10011 A building in Chelsea, currently featuring 1 active listing. - **Year Built**: 1930 - **Active Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-hall) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/253-west-16th-street-3e-ny-10011) | Studio | 1 | — | — | $475,000 (-4.0%) | Brown Harris Stevens Residential Sales LLC | Aug 12, 2026 | 41 days | ## Chelsea Art Galleries & High Line Living [Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Chelsea - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) ## Related Links - [CHELSEA HALL — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-hall) - [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [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.