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Manhattan / Chelsea-Hudson Yards / 10011

227 WEST 16 STREET

Boro1
Block766
Lot23
BBL1007660023
Class C6
Residential units
51
Units in total
51
Storeys
5
Year built
1910
Last alteration on file
1985
Recorded transfers
56 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
15 Jan 2025$540,0004ERSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Feb 2023$518,0002EFSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2022$776,5003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Sep 2022$875,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jun 2022$632,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
6 May 2022$575,0004WSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Aug 2021$1,360,0005WFSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 May 2021$1,345,0005WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Feb 2021$1,225,0002WRERSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jun 2020$480,0003ERSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Feb 2020$1,380,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jul 2019$550,0001WFSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Oct 2017$440,0002EFSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Aug 2017$480,0005WSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jan 2017$460,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Dec 2016$659,0001WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Dec 2016$500,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Nov 2016$1,080,0001ERSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2015$1,350,0001/2WFSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Dec 2015$760,0001EFSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 May 2015$600,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Mar 2015$1,240,0005WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Apr 2014$525,0001WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Apr 2014$503,0003WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Apr 2014$499,5001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Feb 2014$524,0004CSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Oct 2013$413,5004ERSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jul 2013$485,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jan 2013$355,5002WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Aug 2012$1,275,0001WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Aug 2012$2,200,0004ESINGLE RESIDENTIAL COOP UNIT9 lotsRPTT&RET
15 Mar 2012$475,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Sep 2011$1,080,0001WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jul 2011$800,0002ERWRSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Apr 2010$433,2502CSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jan 2010$320,0003RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jan 2010$935,0005WFSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jul 2009$305,0003WFSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2008$950,0005WRSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Oct 2008$430,9502BSINGLE RESIDENTIAL COOP UNITRPTT&RET
56 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20251$540,000--
20231$518,000--
20224$704,250$575,000$875,000
20213$1,345,000$1,225,000$1,360,000
20202$930,000$480,000$1,380,000
20191$550,000--
20173$460,000$440,000$480,000
20163$659,000$500,000$1,080,000
20154$1,000,000$600,000$1,350,000
20144$513,500$499,500$525,000
20133$413,500$355,500$485,000
20123$1,275,000$475,000$2,200,000
20112$940,000$800,000$1,080,000
20103$433,250$320,000$935,000
20091$305,000--
20085$454,410$375,000$950,000
20073$1,150,000$327,000$1,200,000
20064$386,250$356,000$729,000
20054$327,450$182,520$515,000
20042$293,750$265,000$322,500
02

The building on the lot

Section through the lot

LOT 8,200 SQ FT5
Drawn from PLUTO: 5 storeys, 31,715 sq ft of building on 8,200 sq ft of lot, an average floor plate covering 77% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,200 sq ft
Building area
31,715 sq ft
Residential area
31,715 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
3.87
Residential FAR permitted
4
Zoning district
R8B
03

Assessment

Assessed land value
$648,000
Assessed total value
$3,769,650
Exempt value
$19,870
Assessed per residential unit
$73,915

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
C6WALK-UP COOPERATIVE
Neighbourhood
Chelsea-Hudson Yards
ZIP code
10011
Community district
Manhattan 4
Council district
3
Coordinates
40.740605, -73.999866
05

Other buildings in Chelsea-Hudson Yards

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
415 WEST 23 STREETD990119345$1.97m
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
551 10 AVENUERM59820131-
476 11 AVENUED759020200-
320 WEST 38 STREETD856920070-
305 9 AVENUED45601963138$130k
505 WEST 35TH STREETRM53220200-
450 WEST 17 STREETRM4692006382$1.75m

Every building on file in Chelsea-Hudson Yards