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16 West 16th Street #12KN
Coop in Chelsea •  building info
1bd • 1ba • 750ft² $1,327 per ft²
Sold price

$950,000

Description
Residence 12KN is a newly gut renovated, south-facing one bedroom spanning approximately 750 square feet overlooking the building's bucolic courtyard with tons of storage, light and privacy in a full-service cooperative. No detail of this beautiful mint-condition apartment has been overlooked. Enter the bright home and the kitchen to your left has been customized with stone countertops, brass hardware, stainless steel appliances and plenty of storage and prep space. The 25' long entertaining space has ample room for seating, in addition to separate dining and office alcoves. The primary bedroom is 10'10' x 17'4' and easily accommodates a king. The bathroom has a glass-enclosed walk-in shower and beautiful stonework on the floor, tiling and pedestal sink. Additional features of the apartment include four fully-built out closets, through the wall a/c and custom lighting. The Chelsea Lane at 16 West 16th Street is known for its excellent location, staff and low maintenance at the nexus of Chelsea and Flatiron with virtually every transportation line within just a few blocks. Building amenities include an interior courtyard, full-time doorman, live-in super, central laundry facilities, bicycle and storage rooms, as well as an on-site parking garage. Co-purchasing, parents buying for working children, pets and pied-a-terres are allowed. Shareholders can sublet their apartments after two years of ownership for up to five years total. Please note there is an assessment of $252.20 through July 2022 for the newly renovated lobby.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
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
Parents Buying Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$995,000
Asking Price: $995,000
Term
30 Years
Down Payment
$199,000 (20%)
Min: 20% (199,000)
Rate
6.5 %
Mortgage Amount
$796,000
Mortgage Payment
$5,031
Maintenance
$1,199
Estimated closing cost
$7,000
Total monthly cost $6,230
Listing Courtesy of Compass

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