229 West 16th Street

229 West 16th Street is a Co-op located in Chelsea, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1985. The lot that the building was built on is 84 feet wide and 100 feet long. The official lot area is listed as 8,200 square feet. The building itself is 30 feet wide and 84 feet long. In total, 229 West 16th Street has a total floor area of 31,715 square feet. Of that, 31,715 square feet are used for residential purposes. There are a total of 51 units. Of those, 51 are residential units. 229 West 16th Street has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 57 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 124 days Meaning, listings tend to sell at a median of $1,000 price per square foot. The transaction that took the longest to complete was unit 1D, listed on May 10, 2022 for $849,000. This particular unit ultimately sold 125 days later for $875,000. The most recent transaction was for unit 2EF, sold for $518,000 on Feb 08, 2023. Fun fact, the oldest transaction we have on record took place on Oct 15, 1974. See the full transaction history for 229 West 16th Street below.

Chelsea, where 229 West 16th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $699,999. For interested buyers, that means the building's median asking price is around 0.07% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.