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Buildings·Chelsea·The Grid·Sold prices

246 West 16th Street (The Grid)Recorded sales & closing prices

246 West 16th Street, New York, NY 10011

7 recorded closings, 2004–2021. Sortable and searchable below.

Recorded closings
7
Date range
2004–2021
Median $/sf
$2,385
2021 · recorded
Listing discount
1.6%
median, from last ask
Monthly carry/sf
$1.13
≈ $1,829/mo · recent
Price range
$3.45M – $5.61M
Price shift · median $/sf · raw yearly
Since 2021
+0%
10-Year
not enough data
Since 2022
+0%
1-Year
+0%

Change in the building’s median $/sf over each window, from the raw yearly medians — too few standardized single-line units here to adjust to an average-floor basis, so which apartments happened to trade moves these alongside price. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.

The sponsor conveyed all four residences between June 3 and July 1, 2021, to four separate and unrelated buyers — three in individual names, one in a single-purpose entity. The three commercial units followed as a block that November. No sponsor entity remains in title on any residential lot, and the building has been fully owner-held since 2021.

Four residences produce no building average worth quoting. Pricing has to be built line by line, and the meaningful distinctions inside the building are the amount and usability of outdoor space — a ground-level patio at the second floor versus terraces above — and the penthouse duplex's extra bedroom and floor. The correct comparable set is the small group of boutique Chelsea conversions and small new-construction condominiums with full-floor plates above 1,500 square feet, not the prewar cooperatives that dominate the surrounding blocks, whose policies, financing rules and buyer pools are structurally different. The absence of any tax abatement is the largest single variable between a headline price and the true monthly number. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The complete recorded-sale history for The Grid, compiled from NYC Department of Finance transfer records and verified listing data, then enriched apartment-by-apartment by The Roebling Team research desk. Across sales with a public asking price, the building carries a median listing discount of 1.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy here.

Price per square foot over time

5 sales with a known square footage, by closing date.

$2,076$2,518$2,960'21PH · $2,595/sf · 20216 · $2,913/sf · 20214 · $2,366/sf · 20213 · $2,123/sf · 20215 · $2,385/sf · 2021
Each dot is one recorded sale with a known interior square footage, plotted by closing date against price per square foot. The line is the median $/sf each year, adjusted to a floor-standardized (average-floor) unit — so it reflects price movement, not which floors happened to sell that year. Individual sale prices in the table below are unadjusted — and you can click any dot to jump straight to that sale.

Recent closings

The building’s 5 most recent market sales.

DateUnitApartmentPrice$/sfvs. Ask
Jul 1, 202153 BR · 2.5 BA · 1,625 sf$3,875,000$2,385-0.6%
Jun 16, 202132 BR · 2.5 BA · 1,625 sf$3,450,000$2,123-9.2%
Jun 15, 202143 BR · 2.5 BA · 1,625 sf$3,845,000$2,366-2.5%
Jun 3, 2021PH3 BR · 3.5 BA · 1,927 sf$5,000,000$2,595+0.0%
Jun 3, 202161,927 sf$5,614,125$2,913

Every recorded sale

Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.

7 recorded sales
Apartment
Jul 1, 20215Sponsor Sale3 BR · 2.5 BA1,625$3,875,000$2,385-0.6%
Jun 16, 20213Sponsor Sale2 BR · 2.5 BA1,625$3,450,000$2,123-9.2%
Jun 15, 20214Sponsor Sale3 BR · 2.5 BA1,625$3,845,000$2,366-2.5%
Jun 3, 2021PHSponsor Sale3 BR · 3.5 BA1,927$5,000,000$2,595+0.0%
Jun 3, 20216Sponsor Sale1,927$5,614,125$2,913
Nov 19, 2014non-market transfer (excluded from $/sf & trends)12,124$6,200,000
Dec 14, 2004Sponsor Salenon-market transfer (excluded from $/sf & trends)$850,500

The most recent eligible transfer recorded at this building is from 2021. Our records run through August 2026; no later qualifying sale has been recorded here, which for a small or tightly held building is common rather than a gap in the data.

Sources, exclusions and how these figures are computed

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00765-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.

Buying or selling at The Grid?

Put this data to work.

Buying here

Know what’s fair before you offer — we’ll show you where each line trades, the building’s discount-to-ask pattern, and where the value sits right now.

Selling here

Price to the building’s real trajectory, not a guess — we’ll position your line against its true comps to maximize the outcome.

Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com