16 W 16TH Street 7RS
$1,395,000
MLS# RLS20107150 · Flatiron
Listed September 8, 2026 · 56 days on the market
2 Beds 1 Baths
About This Property
MAJOR PRICE IMPROVEMENT!!
A private terrace. An oversized primary suite. Exceptional closet space. A thoughtfully created second bedroom. Apartment 7RS delivers the kind of flexibility, storage, and comfort that Manhattan buyers rarely find in one home.
Originally configured as a one-bedroom, the current owners intelligently reimagined the layout by creating a true second bedroom, transforming the home into a versatile and highly desirable two-bedroom residence without sacrificing comfort, flow, or functionality.
The expansive living and dining area provides an inviting space for entertaining, relaxing, and everyday living, while the private terrace serves as a coveted outdoor extension of the home-ideal for morning coffee, dining al fresco, gardening, or unwinding after a busy day in the city. Storage throughout the home is exceptional, with multiple closets offering abundant space for clothing, seasonal items, luggage, and all household essentials.
The recently renovated kitchen has been thoughtfully designed with both style and practicality in mind. Featuring abundant cabinetry and storage, it is equipped with a suite of premium stainless-steel appliances, including Bosch, LG, KitchenAid, and Fisher & Paykel.
The king-sized primary bedroom is a true standout, offering the scale and comfort often missing from newer apartments. Large enough to accommodate substantial furniture with room to spare, it serves as a peaceful retreat from city life. Complementing the space is an impressive walk-in closet as well as two additional closets, providing the kind of storage Manhattan residents dream about.
The thoughtfully designed second bedroom includes a murphy bed that flips around to function also as an office with a fold out desk. This versatility provides endless flexibility as a guest room, home office, nursery, or creative studio - making the apartment well-suited for a variety of lifestyles.
Located within the highly regarded Chelsea Lane Cooperative, residents enjoy full-time door staff, a live-in superintendent, beautifully landscaped gardens separating the North and South Towers, a newly renovated lobby and hallways, bike storage, central laundry, and a prime Flatiron location at the crossroads of Union Square, Chelsea, Greenwich Village, and NoMad within close proximity to mass transit options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains).
Moments from Madison Square Park, the Union Square Greenmarket, acclaimed restaurants, boutique shopping, and multiple transportation options, Apartment 7RS offers a rare opportunity to own a home that seamlessly combines space, storage, outdoor living, and one of Manhattan's most desirable downtown addresses.
Some apartments check a few boxes. Apartment 7RS checks the ones buyers spend years searching for.
Some pictures have been virtually staged. Current assessment for LL11 through Feb 2027 of $460/month.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
Home features
- Wall air conditioning units
- City view
- Balcony
- Private outdoor space (over 60 sq ft)
Building amenities
Services and facilities
- Bike room
- Elevator
- Garage parking
- Laundry in building
- Storage space
Outdoor space
- Courtyard
- Garden
Some building amenities are reported on other current listings in this building. Confirm amenities and building policies before relying on them.
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$8,808 / month
- Principal and interest$7,054
- Maintenance$1,754
Due at closing
- Down payment (20%)$279,000
- NYS “mansion tax” (1%)$13,950
Co-op share loans aren't subject to mortgage recording tax. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Corcoran Group
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.