234 West 16 St Owne

234 West 16 St Owne is a Co-op located 234 West 16th Street, in Chelsea, New York. The building was first built in 1915 and is 109 years old. It was first renovated and altered in 1984. The lot that the building was built on is 27 feet wide and 103 feet long. The official lot area is listed as 2,906 square feet. The building itself is 27 feet wide and 93 feet long. In total, 234 West 16th Street has a total floor area of 12,080 square feet. Of that, 12,080 square feet are used for residential purposes. There are a total of 20 units. Of those, 20 are residential units. 234 West 16th Street has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. 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 42 closings on record, of which we have matching data for 14 listings. In the past 3 years, a listing in this building will typically remain on the market for about 146 days and tend to sell below the original asking price of $595,000 by 5.88%. Meaning, listings tend to sell at a median of $1,102 price per square foot. The transaction that took the longest to complete was unit 1B, listed on Mar 27, 2018 for $599,000. This particular unit ultimately sold 184 days later for $625,000. The most recent transaction was for unit 5D, which was first advertised on Sep 12, 2023, sold for $560,000 on Jan 18, 2024. Fun fact, the oldest transaction we have on record took place on Feb 13, 1976. See the full transaction history for 234 West 16 St Owne below.

Chelsea, where 234 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 $595,000. For interested buyers, that means the building's median asking price is around 0.21% 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.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $595,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $575,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 3 one-bedroom, units for sale! The median price of all the active units for sale in the building is $580,000. Active units for sale at 234 West 16th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.