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16 West 16th Street #2GN
Coop in Chelsea •  building info
studio • 1ba • 575ft² $1,216 per ft²
List Price

$699,000

Key Details
Days on market
265
Last price change
loading...
Estimated payment
$4,576
Monthly taxes
N/A
Monthly maintenance
$1,041
Description
What sets this unit apart is its flexibility: it's an L-shape Studio, the same size as the Junior one-bedroom unit in the building. You have the option to customize it to your liking with either an electronic Murphy bed for added space-saving convenience or the possibility to add a wall, creating a more defined bedroom area. This surprisingly spacious garden-facing Alcove Studio offers a tranquil respite from the bustle of the city. The unit was refreshed with a new coat of paint, refinished wood flooring, and new lighting. The living space showcases picture windows and a pin-drop quiet interior. The unit offers a modern bathroom and a separate full-sized kitchen ready for move-in. The building recently renovated the lobby and hallways, which have provided a sleek and contemporary atmosphere welcoming you and your guests home. Additionally, the 16 West 16th Street "The Chelsea Lane" coop elevator building offers 24-hour doorperson security, a live-in super, and an on-site management agent. The building is connected to a garage with an onsite laundry room and building/bike storage. Shareholders/purchasers are allowed pets, guarantors, and pieds--terre, and parents purchasing for employed children only. Subletting is allowed after five years of residency in the apartment (aggregate of no more than four years). Full financial disclosure and board approval are required. The building is located in the vibrant Flatiron District, bounded by Chelsea to the West, Union Square and Gramercy to the East, the Village to the South, and NoMad to the North. The incredible location puts you near Union Square Greenmarket, many great restaurants, Trader Joes, Whole Foods, and other shopping options. Commuting is a breeze with multiple transportation options, including the 4, 5, 6, N, R, Q, L, W, F, 1, and 3 trains. Don't miss out on this incredible opportunity. This low-monthly, versatile Alcove Studio is a must-see and will not last long! CALL TODAY FOR AN APPOINTMENT. ***

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Garden View
Building Amenities
Bike Room
Live In Super
Fios Available
Garage Parking
Parking Available
Laundry in Building
Outdoor Space
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$699,000
Asking Price: $699,000
Term
30 Years
Down Payment
$139,000 (20%)
Min: 20% (139,000)
Rate
6.5 %
Mortgage Amount
$559,200
Mortgage Payment
$3,535
Maintenance
$1,041
Estimated closing cost
$7,000
Total monthly cost $4,576
Listing Courtesy of Coldwell Banker Warburg

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