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16 West 16th Street #2LN
Coop in Chelsea •  building info
1bd • 1ba
List Price

$849,000

Key Details
Days on market
111
Last price change
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Estimated payment
$5,637
Monthly taxes
N/A
Monthly maintenance
$1,232
Description
*All Showings Require an Appointment* Peaceful Oasis in the Heart of the City. Just a few steps away from 5th avenue and the bustling city center of Union Square, welcome home to your massive, pin-drop quiet, one bedroom sanctuary. Right outside your windows, enjoy green lush views facing the building's tranquil landscaped courtyard! Upon entering the home, you see a sprawling oversized living area that comes complete with entry foyer, home office, dining area, and big living room. The kitchen is a chef's dream with ample space to move around, best-in-class stainless steel appliances, stone counters, glass tiled walls, custom cabinetry, and hardwood floors. The primary bedroom can easily accommodate a King-sized bed and has a walk-in closet that must be seen to be believed. The bathroom features custom tiles and a marble sink with a glass-enclosed bathtub. 16 West 16th Street, known as "The Chelsea Lane," is a full-service building, providing residents with amenities such as a 24-hour doorman, live-in super, on-site management and maintenance staff, a parking garage, laundry facilities, a storage room, and bike storage. Join one of the city's most desired cooperative buildings! Well run and well managed, you'll benefit from low maintenance charges, excellent financials, and a strong reserve fund. You'll enjoy the beautiful brand new hallways and immaculate lobby. Pets are allowed with board approval. Pied-a-terre, co-purchasing, and parents buying for employed children allowed. 20% down required for financing. Prime location with Union Square Farmers Market, Trader Joes, Whole Foods, Flatiron's world class shopping, and some of the best restaurants the city has to offer, all within a few blocks. Along with easy access to major transportation hubs, with nearby subway and train options 4/5/6, N/R/Q/W, L, F/M 1/2/3, and PATH trains as well as Citibike around the corner! 2LN is the dream one bedroom you've been waiting for. Can show with 24HR notice.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
Dishwasher
Central Air
Garden View
Building Amenities
Bike Room
Package Room
Live In Super
Fios Available
Garage Parking
Parking Available
Laundry in Building
Outdoor Space
Garden
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$849,000
Asking Price: $849,000
Term
30 Years
Down Payment
$169,000 (20%)
Min: 20% (169,000)
Rate
6.75 %
Mortgage Amount
$679,200
Mortgage Payment
$4,405
Maintenance
$1,232
Estimated closing cost
$7,000
Total monthly cost $5,637
Listing Courtesy of Compass

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