$495,000
SOLD MAR 26, 2025
-- Bed
1 Bath
-- Sq Ft
$946/mo HOA Fee

Recently Sold

10% Below List Price

463 Days on Market

Highlights

  • City View
  • 3-minute walk to 14 Street (F Line)
  • Garage
  • Sixth Avenue Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Union Square Park

About This Home

As of March 2025

Welcome home to Apartment 14DN in Flatiron's Chelsea Lane! This rarely available, unique-to-the-building studio has space for comfortable living, incredible Empire State Building city views, and islocated off Fifth Avenue at the cross-section of Union Square, Greenwich Village and Chelsea.



This lovely home is move-in ready or the perfect blank canvas to design your own space. Enter into the wide foyer, complete with two oversized closets that offer ample storage. Your open-style kitchen is equipped with all the essentials, plus space for dining that easily seats 4-6 (or the addition of a breakfast bar/island - see alternate floorplan). Your bathroom is bright and spacious, located separate from the rest of the space.



This studio layout offers flexible space ready to be re-imagined into the perfect place for you to call home or to design into a chic NYC pied-a-terre. Oversized windows let natural sunlight illuminate this 14th floor apartment and offers spectacular northern city views overlooking 5th Avenue that greet you as soon as you walk in. Built-in shelves and wood floors throughout the space offer functional charm and style.



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 on-site managing agent with a well trained staff of handymen & porters with 24-hour coverage. Easy access to laundry, storage, bike room and garage on buildings 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 all of Manhattan's major public transportation, so getting around town is incredibly convenient!

Last Agent to Sell the Property

Dennis Margulies

Douglas Elliman Real Estate License #30ma0715807 Listed on: 10/02/2023

Douglas Elliman Real Estate

Co-Listed By

Jessica Wong

Douglas Elliman Real Estate License #10401376585

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1964

HOA Fees

  • $946 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 14th floor

Additional Features

  • City Views
  • 1 Full Bathroom
  • North Facing Home
  • Cooling System Mounted In Outer Wall Opening
  • Basement

Listing and Financial Details

  • Legal Lot and Block 0029 / 00817

Community Details

Overview

  • 489 Units
  • High-Rise Condominium
  • Chelsea Lane Condos
  • Flatiron Subdivision
  • 14-Story Property

Amenities

  • Courtyard
  • Community Storage Space

Property Details

Home Type

Co-Op

Year Built

Built in 1964

Lot Details

0

HOA Fees

$946 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 14
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 14

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None
  • Green Building Features: Elevator(s), Storage
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 946.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Chelsea Lane
  • Units: 489
  • Total Stories: 14
  • Year Built: 1964

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00817
  • Tax Lot: 0029

Range of Values:

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Average Value
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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
03/26/2025 03/26/25 Sold $495,000 -0.8% --
01/07/2025 01/07/25 Pending -- -- --
10/14/2024 10/14/24 Price Changed $499,000 -9.1% --
10/02/2023 10/02/23 For Sale $549,000 0.0% --
06/16/2021 06/16/21 Rented -- -- --
05/06/2020 05/06/20 For Rent $2,750 0.0% --
05/14/2019 05/14/19 Rented -- -- --
04/14/2019 04/14/19 Under Contract -- -- --
03/27/2019 03/27/19 For Rent $2,750 0.0% --
05/15/2018 05/15/18 Rented -- -- --
04/15/2018 04/15/18 Under Contract -- -- --
03/16/2018 03/16/18 For Rent $2,750 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11006943

Real Estate Board of New York (REBNY)