124 West 16th Street

124 West 16th Street is a condo located 124 West 16th Street, in Chelsea, New York. The building was first built in 1920 and is 104 years old. The official lot area is listed as 7,744 square feet. The building itself is 75 feet wide and 103 feet long. In total, 124 West 16th Street has a total floor area of 46,828 square feet. Of that, 36,709 square feet are used for residential purposes. About 10,119 square feet of the building are used for commercial purposes. Additionally, the building has a 851 square feet garage. There are a total of 17 units. Of those, 15 are residential units. There are 2 commercial units. 124 West 16th Street has a total of 11 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 19 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 253 days Meaning, listings tend to sell at a median of $2,459 price per square foot. The transaction that took the longest to complete was unit 5E, listed on Feb 10, 2020 for $5,150,000. This particular unit ultimately sold 279 days later for $5,256,860. The most recent transaction was for unit PH, sold for $0 on Mar 01, 2021. Fun fact, the oldest transaction we have on record took place on Apr 16, 2012. See the full transaction history for 124 West 16th Street below.

Chelsea, where 124 West 16th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $5,650,000. For interested buyers, that means the building's median asking price is around 6.53% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,790,000. It is a 2,298 sqft 4-bedroom and 3-bathroom unit.