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Chelsea Lane

Chelsea Lane

Chelsea Lane
Cooperative Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

16 W 16th St
New York, NY 10011
481 Units
14 Stories
1964 Year Built
$1.2M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Sixth Avenue Elementary School Rated A
  • River View
  • City View
  • Elevator
  • 4 min walk to Union Square Park

Two towers with a prime Flatiron location and appealing maintenance

Compass broker Florence Ng identifies two factors that make Chelsea Lane, a 14-story Flatiron District co-op, especially appealing to prospective buyers: location and competitive maintenance fees. "You're at the nexus of so many different neighborhoods: Chelsea, the West Village, Greenwich Village. You're in the heart of the Flatiron with access to everything within a five-minute walk," she says. "And the low, monthly maintenance is very attractive." She should know. Not only has she rented and sold units in the co-op, but she's also lived there for two years.

Built in 1964 and designed by Philip Birnbaum, the Chelsea Lane contains 481 apartments, split between two connected towers. "There is a north tower and a south tower. That's why you see 'N' or 'S' on apartment listings," says Ng. The configuration enables residents to enter and exit on 15th Street or 16th Street and offers different perks, depending on a unit's location in the complex.

Residents facing the residential, tree-lined 16th Street enjoy the architecture of a Catholic church and red brick townhouses, while those looking onto 15th Street reap the benefits of southern exposure. "For a low-rise building, a lot of the units are sunny and bright," says Ng. Residences on the development's interior overlook the serene landscaped garden between the co-op's two towers, designed by Terrain-NYC. The green space is also visible from the ground-floor corridor connecting the two buildings.

Studios to three-bedrooms, some with private outdoor space

Homes in Chelsea Lane include studios, one- and two-bedrooms and a handful of three-bedrooms. Studios, some of which include an alcove, measure up to 600 square feet and list for up to $1 million. Junior four one-bedroom units up to 1,000 square feet sell for as much as $1.4 million. Two- and three-bedroom apartments, which include the co-op's penthouses, can be as large as 2,000 square feet and list for up to $2.4 million. Select units include a terrace or balcony; many have been updated with contemporary finishes and fixtures.

Long-serving staff, recent renovations and an attached garage

Amenities at Chelsea Lane include a 24-hour door attendant and on-site building manager. An attached parking garage (available for an additional fee) can be accessed directly via an elevator. The co-op's lobby and hallways were recently renovated, and there is a central laundry room. The building is pet-friendly. Pieds-a-terre, co-purchasing, parents buying for children and subletting after five years are permitted.

Convenience and connection to popular downtown Manhattan neighborhoods

The Chelsea Lane's Flatiron location is convenient to many shopping, dining and entertainment options. Whole Foods Market and Westside Market are two blocks away, and the Union Square Greenmarket, open four days a week, can be reached in five minutes on foot. Union Square offers a park, playground and a popular seasonal holiday market. The surrounding neighborhoods of the West Village, Greenwich Village and Soho are popular nightlife destinations, and New York University's main campus is in Greenwich Village.

Excellent public transit options and connection to New Jersey

Virtually every subway line is within a two-block radius, including the F and M at 14th Street and Sixth Avenue, the 1, 2 and 3 at 14th Street and Seventh Avenue and the N, Q, R, W and L at Union Square. The PATH train to New Jersey stops at 14th Street and Sixth Avenue. The West Side Highway, which provides access to points uptown, downtown and New Jersey via the Holland Tunnel, can be accessed at 14th Street. Newark Liberty International Airport and Laguardia Airport can be reached in about 40 minutes by car.

Available Co-ops

No units matching this criteria are available right now.

Building Details

Views

  • River
  • City

Outdoor Features

  • Courtyard

Amenities

  • Doorman
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Parking

  • Garage

Condo Association

  • $1,299 Monthly HOA Fees
  • Monthly HOA Fees Range from $825 - $1,983
  • Chelsea Lane Condos
  • Flatiron Subdivision

Building Design

  • Co-Op
  • High-Rise Condominium
  • Elevator

Unit Features

  • Balcony

Unit Information

Beds
1 Bed
1 Bed
--
--
--
Baths
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
Sq Ft
--
--
0
586
--
Price
$849,000
$1,495,000
$515,000
$725,000
$629,000
Price / Sq Ft
--
--
--
$1,237 / Sq Ft
--
List Date
04/22/2025
12/14/2024
01/02/2025
08/16/2024
04/11/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
600 - 800
Est. Values
$1,186,000
2 Bedroom Units
Sq Ft Range
700 - 1,400
Est. Values
$1,186,000
3 Bedroom Units
Sq Ft Range
1,300
Est. Values
None Available
All Units
Sq Ft Range
600 - 1,400
Est. Values
$1,186,000

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Biker's Paradise

Bike Score®

91 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

62 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

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Building Team

Property Management
AKAM
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.