217 WEST 16 STREET — Rent Intelligence for Chelsea, NYC

Chelsea · Manhattan, NY, 10011

Built 19305 floors60 unitsBBL 1007660030

Current rent range

$3,495 – $3,795 / mo

1 bedroom band tracked · sampled from recent listings · rent stabilized

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Verified reviewsBPOwned byBALANCE PROPERTY LLC2 bldgs

217 WEST 16 STREET

Manhattan, NY, 10011

217 WEST 16 STREET, Manhattan, NY, 10011 is a 60-unit rental building in Chelsea, NYC. See every violation, 311 complaint, tenant review, and the LucidIQ score — before you sign a lease.

HPD violations29last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews0no reviews yet

Rent-stab units60DHCR records

Building age96 ybuilt 1930

311 complaints14last 7 years

01 / 09

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

1 BR

$3,645/mo

24 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

March

Most expensive

December

JFMAMJJASOND

Potential savings: ~12% by timing your move to March.

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

1 Bed24 listings

$3,645

$7,458 – $7,683

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Chelsea

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,579

current quarter

Effective rent

—

per bedroom only

YoY change

3.6%

asking, vs 1 yr ago

10-year change

21%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 09

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

29 total

Door/Lock
16
Paint/Plaster
4
Flooring
2
Heat/Hot Water
2
Smoke/CO Detector
1

311Top Complaints

14 total

HEAT/HOT WATER
18
PLUMBING
6
PAINT/PLASTER
4
Request Large Bulky Item Collection
4
Noise - Residential
3

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(7 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class CVIOLATION CLOSEDDec 26, 2024
§ 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING KICKDOWN STOPPER AT VESTIBULE DOOR AT PUBLIC HALL, 1st STORY
Class CVIOLATION CLOSEDDec 26, 2024
§ 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING KICKDOWN STOPPER AT BUILDING ENTRANCE DOOR
Class CVIOLATION CLOSEDMar 12, 2024
§ 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT FIRE DOOR LEADING TO SOUTH YARD AT CELLAR
Class CVIOLATION CLOSEDMar 12, 2024
§ 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING CONSISTING OF A STEP-ON DOOR STOPPER INSTALLED AT LAUNDRY ROOM DOOR AT CELLAR
Class CVIOLATION CLOSEDMar 12, 2024
§ 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE DOOR AT ELECTRIC ROOM AT CELLAR

See all 29 HPD records

02 / 09

Violations, 311, & more.

03 / 09

What tenants actually say.

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03 / 09

What tenants actually say.

04 / 09

Building amenities.

Building Amenities

7 amenities

OUTDOOR

Private Outdoor Space

LAUNDRY

Laundry
Dishwasher

OTHER

Fios Available
Live In Super
Hardwood Floors
View

04 / 09

Building amenities.

05 / 09

The landlord.

BALANCE PROPERTY LLC

Portfolio of 2 buildingsHead officer: MARK HAROUNIANMail: 33 EAST 33 ST, New York, NY, 10016

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

5.0

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 1 by score · of 2 total

See all 2 →

—217 W 16TH STManhattan— / 10

Ownership timeline · this building

ACRIS deeds and regulatory filings

1930Building constructed60 units · 5 floors
nowBALANCE PROPERTY LLCOwner of record per HPD registration · manages 2 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 09

Location & daily life.

217 WEST 16 STREET · Manhattan · 40.740° N, -73.999° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby9 min

5 schools nearby2 min

The neighborhood

Chelsea

Western Chelsea stretches from the Meatpacking District up through gallery row. The Whitney Museum, the High Line's southern entrance, and the Chelsea Piers sports complex make this a neighborhood where culture and recreation intersect daily.

—buildings tracked—avg LucidIQ$7,570median 1BR

50,772population$146kmedian income63%renters

CulturalWalkableLGBTQ+ FriendlyUpscaleActive

Explore Chelsea

Browse all NYC neighborhoods

06 / 09

Location & daily life.

07 / 09

History of the building.

construction · ownership · permits

19301940195019601970198019902000201020202030

1930

Building constructed

60 units · 5 floors · class C7

2024

Rent stabilization on file

19 stabilized units registered.

now

Current owner: BALANCE PROPERTY LLC

Portfolio includes 2 buildings.

Recent Activity

20 events

311MEDIUMFeb 8, 2026
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMFeb 7, 2026
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMJan 25, 2026
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMJan 24, 2026
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMDec 9, 2025
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMApr 30, 2025
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMApr 29, 2025
PLUMBING — WATER SUPPLY
311MEDIUMJan 22, 2025
HEAT/HOT WATER — APARTMENT ONLY
HPDHIGHDec 26, 2024
HPD Class C Violation — § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING KICKDOWN STOPPER AT VESTIBULE DOOR AT PUB
HPDHIGHDec 26, 2024
HPD Class C Violation — § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING KICKDOWN STOPPER AT BUILDING ENTRANCE DOO

07 / 09

History of the building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

Rent Comparison

Studio
This building: — – —
—Area: $5,553
1 Bed
This building: $3,495 – $3,795
52% belowArea: $7,570
2 Bed
This building: — – —
—Area: $8,390

Review Summary

0 reviews

0.0 / 5

Mixed feedbackBased on 0 reviews

Read all 0 reviews →

Neighborhood Vibe

CulturalWalkableLGBTQ+ FriendlyUpscaleActive

Energy Score

No energy benchmarking on file.

Walkability & Transit

Limited transitTransit score · 4 nearby stops

Nearest TransitBus · 9 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

CHRISTOPHER ST/WAVERLY PLM8
0.5 mi9 min
W 8 ST/6 AVM8
0.5 mi9 min
6 AV/WAVERLY PLM55SIM7X28SIM3C
0.5 mi10 min
CHRISTOPHER ST/7 AV SOUTHM8
0.5 mi10 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Liberty High School Academy For NewcomersHigh School
0.1 mi2 min
N.y.c. Lab School For Collaborative StudiesHigh School
0.2 mi4 min
New York City Lab Middle School For Collaborative StudiesMiddle School
0.2 mi4 min
N.y.c. Museum SchoolHigh School
0.2 mi4 min

CHARTER SCHOOLS

Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.7 mi14 min

PRIVATE SCHOOLS

Winston Preparatory SchoolElementary
0.1 mi3 min
Corlears SchoolElementary
0.2 mi4 min
City & Country SchoolElementary
0.2 mi4 min

At a glance

Year built1930

Floors5

Total units60

Rent-stab units60

ClassC7

BBL1007660030

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08 / 09

217 WEST 16 STREET — Rent Intelligence for Chelsea, NYC

217 WEST 16 STREET

Rental intelligence.

Rental intelligence.

Rent trends.

Rent trends.

Violations, 311, & more.

Violations by Unit

Violations, 311, & more.

What tenants actually say.

What tenants actually say.

Building amenities.

Building amenities.

The landlord.

BALANCE PROPERTY LLC

The landlord.

Location & daily life.

Chelsea

Location & daily life.

History of the building.

History of the building.

Frequently asked questions.

NYC-specific insights.

Similar buildings nearby.

What tenants actually say.

Building amenities.

Rent trends.

The landlord.

BALANCE PROPERTY LLC

Violations, 311, & more.

Violations by Unit

History of the building.

Rental intelligence.

217 WEST 16 STREET — Rent Intelligence for Chelsea, NYC

Location & daily life.

Chelsea

140 5 AVENUE

358 WEST 15 STREET