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$2,156,000
List price: $2,200,000
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16 West 16th Street #12AWN
Coop in Chelsea •  building info
2bd • 2.5ba
List price

$2,200,000

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Key Details
Days on market
44
Last price change
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Estimated payment
$12,996
Monthly taxes
N/A
Monthly maintenance
$2,444
Description
Do not miss this rare opportunity to own a completely gut renovated combo unit that features 2 full bedrooms / 2.5 bathrooms home, but can easily be converted to a true 3 bedroom / 3 bathroom (see alternate floor plan). Located at the newly updated and much desired Chelsea Lane, this is the live-in ready home you've been searching for, nestled perfectly in the heart of Flatiron right off lower 5th Ave. Every square inch of residence 12AWN has been redesigned with the utmost attention to detail, from its gorgeous chocolate-colored hardwood floors to the custom closets, built-ins, and top-of-the-line finishes and fixtures throughout. Upon entry, the apartment features a double-wide grand foyer along with two deep coat closets and a utility closet. The modernized chef's kitchen off the foyer offers a nice separation from the great room and dining area and is equipped with top-of-the-line appliances including a Wolf four-burner gas range and oven, Sub-Zero refrigerator, Miele dishwasher, GE profile microwave and designed with custom millwork and cabinetry. Before heading into the main living area, you have a luxurious powder room (that can be converted to a full third bathroom) featuring a sleek vanity, full closet, and wrapped in lavish wallpaper with unique texture and patterns. You will also notice the detailing on the custom white tiled floors which are sure to impress. As you make your way to the great room, there is a built-in mini-bar with a wine fridge, perfect for the at-home mixologist and wine collector. The living and dining area spans nearly 22ft long and 17ft wide, giving you a ton of optionality when it comes to arranging how you want your furniture configured. The current dining area is easily convertible to a third bedroom, nursery, or even a second home office. The bedroom wing provides complete privacy and gives the home a natural flow. The second bedroom can easily fit a queen bed and dresser yet also leaves you with more than enough space to do what you wish with the room. Off the second bedroom, there is a built-in bookcase, 2 full closets, and down the hall is a private full bathroom as well. The oversized primary suite is fit for kings and queens with plenty of room for nightstands, dressers, and even a seating area or reading nook. One of the coolest features of the home is the "Cloffice". This is a closet and an office in one! This room features a large walk-in closet separated by a wall with a home office that has a 10ft long desk and overhead cabinets, offering plenty of space for creativity and quiet for those working remotely! Pocket doors provide more privacy, too. Lastly, we have your lavish spa-like bathroom, with a glass-enclosed walk-in shower, built-in shower bench, Toto toilet, and exquisite tiling throughout. Aside from this home being truly a unicorn, the monthly maintenance payments are some of the lowest you are going to find in a doorman building downtown. In addition, the building is currently undergoing a complete renovation of the lobby and hallways (see renderings). The hallways are complete and renovation work to the lobby is well underway and expected to be finished by the end of the year! Building policies include: Parents buying for 'working children' allowed Pets allowed Pieds-a-terre are allowed Guarantors are allowed Sublet policy: 2 years of residency required. After two years can sublet for up to a total of 5 years, does not have to be consecutive. The Chelsea Lane is one of Flatiron's best-managed co-ops. The building offers 24-hour doorman service, a bike room, a live-in super, a laundry room you can monitor on your phone, and a garage with direct access. Just a stone's throw from Union Square, getting around is a breeze with the 4, 5, 6, N, Q, R, W, F, M, L, and PATH trains within minutes and the 1, 2, 3, A, C and E also just minutes away.

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Important Stuff
Doorman
Elevator
Pets allowed
Amenities
BUILDING AMENITIES
  • Bike Room
  • Live In Super
  • Fios Available
  • Sublets Allowed
  • Parking Available
  • Guarantors Allowed
  • Co-purchase Allowed
  • Laundry in Building
  • Parents Buying Allowed
  • Pied-a-Terre Permitted
LISTING AMENITIES
  • Garage
  • Garden
  • Laundry
  • Storage
  • City View
  • Dining Room
  • Bicycle Room
History
What it'll cost
Purchase price
$2,200,000
Asking Price: $2,200,000
Term
30 Years
Down Payment
$440,000 (20%)
Min: 20% (440,000)
Rate
6.0 %
Mortgage Amount
$1,760,000
Mortgage Payment
$10,552
Maintenance
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $12,996
Buy your dream home with us and get an estimated
$44,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Compass

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