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16 West 16th Street #12DS
Coop in Flatiron •  building info
2bd • 1ba
Sold price

$1,650,000

Key Details
Days on market
140
Last price change
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Estimated payment
$10,586
Monthly taxes
N/A
Monthly maintenance
$1,737
Description
Beautifully renovated less than two years ago, #12DS is the perfect downtown 2BR with private outdoor terrace and low maintenance – just $1,737! The beautiful 200 square foot terrace is located on the west side of the building, on the interior of the block, complete with a remote controlled awning and artificial turf. The apartment itself leaves no wasted space with a split layout, windowed, open kitchen and large living area. The kitchen offers plenty of storage including a large pantry, high-end appliances and even a wine cooler. There is plenty of storage in the unit's giant 60 square foot walk-in closet in the primary bedroom, two coat closets as you enter and additional closet in the secondary bedroom. Custom fitted built-ins have also been added in the living room and the primary bedroom. Large windows and multiple exposures ensure great light no matter the time of day. The Chelsea Lane is one of Flatiron's best managed co-ops with low maintenance. The building offers 24-hour doorman service, a bike room, live-in super, laundry room you can monitor on your phone and a garage with direct access. Hallway and lobby renovations, which were paid for out of the reserve fund, are in progress and will be completed by the end of 2021. Just one block 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 within walking distance. Whole Foods, Trader Joe's and numerous restaurant options are minutes away. Subletting is allowed for two out of five years after living in the building for two years. There is a 2% flip tax paid by the seller. Floor plan and dimensions are estimates. Yoreevo supports Fair Housing.

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Important Stuff
Doorman
Elevator
Pets allowed
Listing Amenities
Storage Available
City View
Dishwasher
Building Amenities
Bike Room
Outdoor Space
Terrace
Courtyard
Private Roof Deck
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$1,750,000
Asking Price: $1,750,000
Term
30 Years
Down Payment
$350,000 (20%)
Min: 20% (350,000)
Rate
6.5 %
Mortgage Amount
$1,400,000
Mortgage Payment
$8,849
Maintenance
$1,737
Estimated closing cost
$25,000
Total monthly cost $10,586