--- title: "31 West 16th Street #2, New York City, NY 10011" description: "31 West 16th Street #2, New York City, NY 10011 — Townhouse in Flatiron, Manhattan, NY. Listing Price $1,049,900. 1 bed, 1 bath Illustrative Buyer Commission Share of $15,749 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/31-west-16th-street-2-ny-10011" source: "Real Estate Rebate Team" dateModified: "2026-09-08T13:39:27.970Z" status: "Active" --- # 31 West 16th Street #2, New York City, NY 10011 Townhouse in Flatiron, Manhattan, NY Courtesy of Compass Last updated: September 8, 2026, 9:39 AM ## At a Glance - **Listing Price**: $1,049,900 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $1,904 / 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**: $1,049,900 - **Illustrative Buyer Commission Share**: -$15,749* - **Illustrative Net Cost**: $1,034,151 *Illustrative Buyer Savings of $15,749 — 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 (8) ![31 West 16th Street #2, New York City, NY 10011 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/844d88b5-d1a8-46a6-a3e1-36fb9a8da421.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e6ea906-33e0-47fa-b8e0-25a8ba0be3bb.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32e547bf-e11d-472b-83fd-02714b2fec1a.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80141f77-c520-432c-9db9-31c883b4d453.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6ca61e3-1b2a-4ad2-a839-a053764dda27.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6776a2ba-399b-4a81-ad43-150a445ef6ec.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6afb5d0-892f-446e-924b-a8e9dd61fb19.jpg) ![31 West 16th Street #2, New York City, NY 10011 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01f7c6fa-f114-4d8f-8560-d8baf959d956.jpg) ## Property Overview Why you should buy this apartment : 1. Ceiling Height 16.5-foot ceilings are extraordinarily rare under $1.5M downtown. This creates: visual volume loft feeling dramatic entertaining space flexibility for library walls, art collections, or mezzanine-style design 2. Authentic Downtown Character Many newer condos feel interchangeable. This apartment offers: exposed brick townhouse scale original detailing boutique ownership experience 3. Location The location is arguably stronger than Chelsea and often stronger than Greenwich Village from a convenience standpoint. You’re between: Union Square Flatiron Chelsea Greenwich Village This is a “walk everywhere” location. Urban Sophistication in Flatiron Co-op at 31 W 16th St A truly unique one-bedroom, one-bathroom parlor floor loft located in the heart of Manhattan. This impeccably renovated co-op boasts a blend of history and modern architecture, featuring a spacious living area with exposed brick, decorative moldings, hardwood floors and impressive 16.5-foot high ceilings. Natural light floods the interior through south-facing, double height windows that open to a juliet balcony. Enjoy cozy evenings by the working fireplace. The custom kitchen is a showstopper. Equipped with open shelving, breakfast bar, premium caesarstone countertops and backsplash. High-end stainless steel appliances include a stove, wine cooler, and dishwasher. Its seamless, stately design makes entertaining a breeze. The spiral staircase enhances the charming character of the home and provides access to the bedroom, additional space for a small home office and primary ensuite bathroom. Additional conveniences include your own in-unit washer and dryer, Nest-controlled central AC and heat, and video doorbell for added security. 31 West 16th Street is an intimate pet-friendly (up to 35lbs) building that allows parental co-purchase and guarantors (Children should be employed) however pied-à-terre living is not permitted. Located on 16th Street just off lower Fifth Avenue, with some of the best shopping in the city, you will feel in the heart of it all. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 4 - **Year Built**: 1925 - **Common Charges**: $1,904 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Common On Floor - Common Area - In Unit - Private Outdoor Space Under 60 Sqft - Wet Bar - Breakfast Bar - Built-in Features - Chandelier - High Ceilings - Recessed Lighting - Bar - Cooktop - Dishwasher - Freezer - Gas Cooktop - Gas Oven - Refrigerator - Stainless Steel Appliance(s) - Wine Cooler - Hardwood - Double Pane Windows - Window Treatments ## Sales Evidence ### Recent closed sales One apartment at 31 West 16th Street has a recorded sale since September 2021, the most recent for $2,850,000 in May 2022. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 1 (Apartment) | 2 | $2,850,000 | May 9, 2022 | City record · MLS | 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 co-op one-bedroom sales in Flatiron is $900,000, based on 40 sales between September 2024 and June 2026. This home is asking $1,049,900, $149,900 above that median. The middle half of those sales closed between $815,000 and $996,000. - **Median closed price**: $900,000 - **Middle half**: $815,000 – $996,000 - **Based on**: 40 co-op one-bedroom sales in Flatiron - **Period**: September 2024 – June 2026 Square footage is recorded for only 8 of these 40 sales (20%), 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 39 of these sales with a published asking price, the median closed at 97.7% of what it originally asked. 69% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Flatiron instead. ### How these sales were negotiated - **Sold vs original ask**: 97.7% of the original ask - **Closed below ask**: 69% of 39 sales - **Listed → in contract**: 76 days (about 11 weeks) - **In contract → closed**: 86 days (about 12 weeks) Across the 39 of these sales with a published asking price, the median closed at 97.7% of what it originally asked. 69% of them closed below the original ask. Half of these homes were in contract within 76 days (about 11 weeks) of coming to market, based on the 40 with a recorded listing date. Once a deal was agreed, closing took a further 86 days (about 12 weeks), based on the 40 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 40 co-op one-bedroom sales in Flatiron, September 2024 – 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 31 West 16th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/31-west-16th-street) ## Price and Property History for 31 West 16th Street, Unit 2 Review the recorded listing activity for 31 West 16th Street, Unit 2, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $101,000, or 8.1%, on May 5, 2026 - **Originally listed**: January 26, 2026 at $1,250,000 - **Current asking price**: $1,049,900 | Date | Price | Listing event | | --- | --- | --- | | June 30, 2026 | $1,149,000 | Returned to the market | | May 5, 2026 | $1,149,000 | Asking price reduced by $101,000, or 8.1% | | January 26, 2026 | $1,250,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 5 apartments. The corporation’s 2026 property tax bill was $102,630 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 31 West 16th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/31-west-16th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 31 West 16th Street Flatiron · Stock Cooperative 31 West 16th Street, New York, NY 10011 A building in Flatiron, currently featuring 1 active listing. - **Year Built**: 1925 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/31-west-16th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/31-west-16th-street-2-ny-10011) | 1 | 1 | — | — | $1,049,900 | Compass | Sep 8, 2026 | 1 days | ## Estimated Monthly Payment **$7,213 / month**, assuming a 20% down payment ($209,980), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,309 - **Common Charges**: $1,904 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 - [31 West 16th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/31-west-16th-street) - [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.