- Year built
- 1901
- Type
- Cooperative
- Amenities
- Laundry room and voice intercom
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted with conditions
Every recorded sale at this building, 2005–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $687K – $687K
- Listing discount
- 2.6%
- Recorded transfers
- 14
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 228 West 16th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
228 West 16th Street is a small Chelsea co-op whose ownership policies extend beyond primary-residence use. Pied-à-terre ownership, co-purchasing and subletting are permitted, subject to confirmation and board requirements. Seventeen apartments occupy the five-story building, which dates to 1901.
Its address sits between Seventh and Eighth Avenues near the 14th Street subway connections. The apartment mix includes studios, one-bedrooms and two-bedroom configurations within a narrow prewar building.
Architecture and unit composition
The building has a 25-foot frontage and extends approximately 84 feet into a lot a little over 103 feet deep. It is a walk-up, with apartments distributed across five stories. Smaller one-bedroom homes in the recorded history measure around 450–550 square feet.
High ceilings, large windows, decorative fireplaces and built-in wooden shutters appear among the interiors. Some homes retain enclosed-room arrangements; renovations elsewhere connect the kitchen and living space more openly. Private balconies occur with selected apartments.
Building operations
The cooperative entity is 228 West 16th Street Housing Corp. The entry uses a voice intercom, and the building has a shared laundry room. In-unit washer/dryer installations are permitted subject to approval — confirm the current requirements with the managing agent.
The property is assessed as a Class 2 cooperative and receives no building-wide tax abatement. Its built floor area ratio is close to the 4.0 residential allowance carried for the R8B zoning district. The tax lot is not designated.
Application and transaction fees
Fees below are from building management's published schedule, as of July 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Not stated |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $100 per applicant | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
| Power of Attorney FeePer applicant | Paid by Buyer | When At closing | Amount $250 per POA | Refundable Not stated |
| Recognition Agreement Fee | Paid by Buyer | When At closing | Amount $400 | Refundable Not stated |
| Move Out Fee | Paid by Seller | When At closing | Amount $500 | Refundable Not stated |
| Power of Attorney FeePer applicant | Paid by Seller | When At closing | Amount $250 per POA | Refundable Not stated |
| Transfer Fee | Paid by Seller | When At closing | Amount $1,250 | Refundable Not stated |
Sublet
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Subtenant | When With the application | Amount $600 | Refundable Not stated |
| Credit Check FeePer applicantRequired | Paid by Subtenant | When With the application | Amount $100 per person | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Deposit | Paid by Shareholder | When Upon approval | Amount $500 | Refundable Not stated |
| Move-In Deposit | Paid by Subtenant | When Upon approval | Amount $500 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Elevator
- NoSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 10, 2026 | 4B | 1 BR · 1 BA | $687,318 | +1.8% | |
| Jul 17, 2018 | 5A | 1 BR · 1 BA | $645,000 | +0.0% | |
| Jul 16, 2018 | 3B | 1 BR | $550,000 | -1.6% | |
| Dec 12, 2017 | C | $430,000 | -2.3% | ||
| Apr 11, 2014 | 5A | 1 BR · 450 sf | $410,000 | $911/sf | -3.5% |
| Aug 3, 2010 | 3C | 2 BR | $665,000 | +2.5% | |
| May 27, 2009 | 4C | 2 BR | $679,000 | -6.9% | |
| Sep 18, 2007 | 4A | 1 BR | $450,000 | -5.3% |
Market read. $/sf is measured on the latest sales with reliable square footage (2014): a median $911/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 2.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00765-0059). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
Closed rents at 228 West 16th Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $4,497 |
Also $102 per sq ft per year (3 leases that report square footage). 4 closed sublet leases, October 2023 to September 2026. Most recent lease July 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 228 West 16th Street and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 228 West 16th Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 228 West 16th Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
Comparable buildings
- Chelsea Hall: A larger prewar elevator co-op on the same street with Art Deco common-area detailing.
- 250 West 15th Street: A larger cooperative in the immediate neighborhood from a later prewar period.
- 130 West 16th Street: A prewar masonry cooperative with Art Deco details one avenue east.
- Greenwich House: A nearby prewar cooperative with full-time staffing, a roof deck and a broader service package.
More Chelsea buildings
- 223 West 21st Street — 1889 co-op
- 224 West 18th Street (The Campiello Collection) — 2002 condominium
- 227 West 19th Street — condominium
- 228 West 21st Street — 1910 co-op
- Vesta 24 (231 Tenth Avenue) — 2004 condominium
- 233 West 21st Street — 1920 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 228 West 16th Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com