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305 West 16th Street PHDNew York, NY 10011

For Sale

$2,500,000

Smart Buyer Rebate $31,250

FOR INVESTORS - TENANT IN PLACE UNTIL 8/30/26

Enjoy Chelsea living at its finest in this stunning three-bedroom, two-and-a-half-bathroom penthouse featuring extraordinary light and views, contemporary designer interiors and a private roof deck in an exceptional full-service Chelsea condop.

This 1,449-square-foot residence makes a dazzling first impression with carbonized bamboo flooring, tall ceilings and quiet double-pane windows spanning the southern and eastern exposures. A gracious foyer flanked by a coat closet and powder room invites you into the corner great room, where the generous footprint for living and dining areas is wrapped in phenomenal open-sky views. Chefs will love the sleek open kitchen where custom Italian cerused Wenge cabinetry and Caesarstone countertops surround a fleet of upscale appliances, including a Bosch cooktop and oven, a Fisher & Paykel refrigerator and a built-in microwave.

The desirable split layout places the owner’s suite along the southern exposure, where you’ll enjoy king-size proportions, a walk-in closet and a chic en suite bathroom finished with a large/tub shower, custom Italian-made cabinetry, Roca tile and Grohe fixtures. Two secondary bedrooms offer roomy closets and easy access to a second full bathroom with a rain shower.

Head to your magnificent 680-square-foot roof deck for al fresco dining and entertainment alongside views that stretch across Manhattan to the Empire State Building and the super-tall skyscrapers of Midtown.

This residence presents a lucrative investment opportunity with its unlimited subletting policy from day one. Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability.

Launched in 2011, 305W16 is a luxury cooperative with condominium rules designed by SLCE Architects and topped by the iconic 35-foot-tall flowerpot sculpture by Robert Buchholz. Residents enjoy 24-hour doorman service, a chic lobby, a package room, a fitness center with a Peloton bike, laundry and a lovely landscaped roof deck, plus storage and bike storage for an additional fee. Investor friendly, subletting, pieds-à-terre and co-purchasing allowed. No flip tax.

Located where Chelsea meets the Meatpacking District and West Village, this spectacular home is at the epicenter of Manhattan’s most exciting neighborhoods. Take in stunning works of art at the Whitney and West Chelsea’s renowned galleries, or peruse the attractions at Chelsea Market. Enjoy fantastic dining and nightlife in every direction, including Jack’s Wife Freida, Elmo, Cafeteria, RH Rooftop and Pastis. You’ll find breathtaking waterfront outdoor space at the High Line and 550-acre Hudson River Park, including delightful Little Island Park. Transportation from this centrally located neighborhood is unbeatable with A/C/E, L, 1/2/3, F/M and PATH trains, excellent bus service and CitiBikes all nearby

NOTE: Some photos have been virtually staged

Listed by Dogan Baruh

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Compass

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(917) 478-4949

Last updated November 18, 2025

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Source: REBNY #RLS20059738

Listing Facts

  • TypeCo-op
  • NeighborhoodChelsea
  • Bedrooms3
  • Bathrooms2.5
  • Days on Prevu6
  • HOA/Maint. Fees$5,709/month

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

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Listing History

11/13/2025
Listed by Compass
$2,500,000

Estimated Closing Costs

Total
$40,750
Attorney Fees
$4,000
NYC Mansion Tax
$31,250
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,500,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 305 West 16th Street PHD

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $5,709.00 Monthly

Exterior

Construction

  • Number Of Units Total: 53
  • Stories Total: 7
  • Structure Type: Multi Family
  • Window Features: Double Pane Windows
  • Year Built: 2008
  • Entry Level: 1

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Rooftop
  • View: City

Measurements

  • Lot Size Dimensions: 138
  • Lot Size Units: SquareFeet

Financial

Other

  • Land Lease: Yes

Interior

Features

  • Appliances: Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Interior Features: High Ceilings, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 6

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Chelsea
  • Tax Block: 00740
  • Tax Lot: 7501

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Common Area, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.