$739,000
$11K PRICE DROP

Estimated payment $5,794/month

Total Views 2,867
-- Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Newly Remodeled
  • 3-minute walk to 14 Street (F Line)
  • Elevator
  • Sixth Avenue Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Union Square Park

About This Home

Welcome to this beautifully renovated alcove studio at 16 West 16th Street, The Chelsea Lane!

Bright, spacious, and pin-drop quiet, this home sits in the heart of downtown.

The open kitchen is perfect for entertaining, featuring stainless steel appliances (including a dishwasher), granite countertops, and generous cabinet space.

The sleeping area comfortably fits a queen bed with nightstands, and there are three large closets throughout the apartment.

Chelsea Lane offers a 24-hour doorman, live-in super, bike room, laundry you can monitor from your phone, a garage with direct building access, storage, and newly renovated lobby and hallways.

Guarantors, gifting, co-purchasing and pied-a-terres are all allowed subject to board approval. Subletting is allowed for up to four years after living in the apartment for at least five years.

Youll have endless transportation options with the 4, 5, 6, N, Q, R, W, F, M, L, and PATH trains all within one block, plus the 1, 2, 3, and A, C, E lines not much farther. Whole Foods and Trader Joes are nearby, along with everything Union Square, Flatiron, and Greenwich Village have to offer.

There is a 2% flip tax paid by the seller. There is a monthly assessment of $314.40 through September 2027 for work on the elevators and facade.

All dimensions and measurements are approximate. We support Fair Housing.

Listing Agent

James McGrath

Yoreevo LLC License #10491209152 Listed on: 10/17/2025

Co-Listing Agent

Richard Gibbons

Yoreevo LLC License #10301223771

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1964 | Newly Remodeled

Lot Details

  • North Facing Home

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • Storage
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Outdoor Features

  • Courtyard
  • Outdoor Storage

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Property Available on 12/1/25
  • Legal Lot and Block 0029 / 00817

Community Details

Overview

  • Chelsea Lane Condos
  • Union Square Subdivision

Amenities

  • Courtyard
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Property Details

Home Type

Co-Op

Year Built

Built in 1964 | Newly Remodeled

Lot Details

0

HOA Fees

$1,164 per month

Listing Details

  • Cross Street: 5th & 6th Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Union Square
  • Structure Type: None
  • Special Features: 4098
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Interior Features: Storage
  • Appliances: Dishwasher, Microwave, Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No
  • Exterior Features: Building Storage, Building Courtyard, Courtyard, Private Outdoor Space Under 60 Sqft, Storage

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Inside, Common Area, None
  • Green Building Features: Bike Storage, Elevator(s), Storage
  • Cooling: None
  • Cooling: No
  • Heating: None
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1164.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: Yes
  • Building Name: CHELSEA LANE
  • Year Built: 1964

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-12-01

Tax Info

  • Tax Block: 00817
  • Tax Lot: 0029

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $739,000 -1.5% --
10/17/2025 10/17/25 For Sale $750,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20055322

Real Estate Board of New York (REBNY)