16th Street Tenants Corp.

16 West 16th Street

New York, NY 10011
co-op
back to properties
0 rentals 8 sales
About
Please note, per the coop house rule #33A, completed application(s) must be submitted no later than 20 BUSINESS DAYS prior to each Admissions Committee meetings/interviews date, which are the second Monday of each month.

No exceptions, please plan accordingly.

  • Application Submission Deadlines
  • Thursday June 12th deadline for Monday, July 14th Admissions
  • Monday July 14th deadline for Monday, August 11th Admissions
  • Friday August 8th deadline  for Monday, September 8th Admissions
  • Monday September 15th deadline for Tuesday October 14th Admissions
  • Friday October 10th deadline for Monday November 10th Admissions
  • Thursday November 6th deadline for Monday Dec. 8th Admissions
  • Thursday December 11th deadline for Monday January 12, 2026 Admissions

applications
property contacts

confirm to continue

questionnaires

Have a questionnaire completed by property management.

documents
additional resources
building policies

general policies

Pets Allowed
For Shareholder's only- see house rules for more information,
Guarantors Allowed
For Purchaser's Only- case-by-case
In Unit Washers/Dryers Not Allowed
Subletting Allowed
Must establish (5) year Residence in the apartment. A shareholder may sublease his/her apartment for an aggregate of no more than four(4) years. No dogs allowed for sublets, no guarantors, or secondary subleasing. See House Rules for more information.
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Allowed
Pieds-a-terre are allowed but occupancy is for shareholders only.
Co-Purchasing Allowed
Parents Buying for Employed Child(ren) Allowed
Parents Buying for Student Child(ren) Not Allowed
Corporate Purchase/Lease Not Allowed

financing policies

Max Financing as %
80% of purchase price

insurance requirements

Homeowner's Insurance Required

additional building information

Please note, that all applications are due 20 business days prior to each admissions meetings/interviews which are the second Monday of each month.Sole Occupancy by a non-working adult child (undergraduate) is not permitted.

IMPORTANT: 1. Interest Only mortgages are permitted only in special circumstances for short term financing needs (i.e. used as a bridge loan). The Board may, at its discretion, require down payments greater than 20% before approving
2. No more than 80% of the appraised value may be financed
3. Guarantors are permitted on a case-by-case basis.  The  board reserves the right to require a maintenance escrow on a case-by-case basis.  
Please note, that all applications are due 20 BUSINESS DAYS prior to each admissions meetings/interviews which are the second Monday of each month.
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Application Processing Fee (Non-Refundable) Submission $700
Buyer Credit Check Fee (Non-Refundable, (Required)) Submission $150 per applicant
Buyer Move In Fee (Non-Refundable) Submission $500
Buyer Move-In Deposit (Refundable) Submission $2,000
Seller Move Out Deposit (Refundable) Submission $2,000
Seller Move Out Fee (Non-Refundable) Submission $500
Buyer Power of Attorney Review Fee (If Applicable) Closing $100 (if applicable)
Buyer Recognition Agreement Fee (If Financing) Closing $300
Seller Closing Fee (Non-Refundable) Closing $700
Seller Flip Tax (Non-Refundable, (Required)) Closing 2% of the Gross Sale Price. In the event that a shareholder in good standing purchases an additional apartment with the intention of occupying it, no flip tax will be imposed on the sale of their current apartment provided that neither apartment is sublet, and only one is occupied, during the ownership of both. It is understood that an approved, timely renovation may delay the sale, however, if either apartment is sublet, or both are occupied at the same time, a flip tax will be imposed."
Seller New York State Stamp Tax (Non-Refundable) Closing $0.05 per share.
Seller Power of Attorney Review Fee (If Applicable) Closing $100 (if applicable)

co-op sublet

payor fee due upon amount
Shareholder Security Deposit Fee (Refundable) Submission $1,000
Subtenant Application Processing Fee (Non-Refundable) Submission $550
Subtenant Credit Check Fee (Non-Refundable, (Required)) Submission $150 per applicant and per adult occupant.
Subtenant Move In Fee (Non-Refundable) Submission $500
Subtenant Move-In Deposit Submission $2,000
Shareholder Sublet Fee (Effective Jan. 1, 2023) Upon Approval $15.00 per share billed in equal installments over the year(s)-billed in maintenance

less refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $400

more refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $500
Shareholder Credit Check Fee (Non-Refundable, (Required)) Submission $150 per shareholder

sublet renewal

payor fee due upon amount
Subtenant Application Processing Fee (Non-Refundable, (Required)) Submission $250
Shareholder Sublet Fee (Effective Jan. 1, 2023) Upon Approval $15.00 per share billed in equal installments over the year(s)-billed in maintenance

co-op transfer

payor fee due upon amount
Buyer Application Processing Fee (Non-Refundable, (Required)) Submission $700
Buyer Credit Check Fee (Non-Refundable, Required) Submission $150 per applicant
Buyer Move-In Deposit (Refundable) Submission $2,000
Buyer Move-In Fee (Non-Refundable) Submission $500
Buyer Move-Out Deposit (Non-Refundable) Submission $2,000
Shareholder Move-Out Fee (Non-Refundable) Submission $500
Buyer Closing Fee (Non-Refundable) Closing $700
Buyer New York State Stamp Tax (Non-Refundable, (Required)) Closing $0.05 per share
Buyer Recognition Agreement Fee (If Financing) Closing $325 (if applicable)
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale		 Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration		 Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)

For more detailed information, please see our Pricing page.

All property information and documentation provided by property management.
10/29/25
Total Fees: 2770