Buy with Yoreevo
$501,112
List Price: $505,000
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16 West 16th Street #4FS
Coop in Chelsea •  building info
studio • 1ba
Buy with Yoreevo

$501,112

List Price

$505,000

Key Details
Days on market
82
Last price change
loading...
Estimated payment
$3,397
Monthly taxes
N/A
Monthly maintenance
$843
Description
Welcome to Apartment 4FS at Chelsea Lane - Your Urban Retreat! First-Time Home Buyers or Pied- -Terre Seekers As you enter this north-facing space, you'll immediately feel at home. The welcoming foyer leads you into a spacious living area, freshly painted and move-in ready. This versatile space allows you to create a cozy bedroom area while still enjoying a comfortable living/dining area for entertaining. Key Features: Flexible Living Space: The open layout provides ample space to customize your living and bedroom areas. A hidden gem, the Murphy bed allows for a true living, dining, and entertaining space, maximizing the apartment's functionality.Kitchen: Featuring all-white appliances and solid wood cabinetry, the kitchen is for creating gourmet meals. If you prefer an open floor plan, the wall can easily be opened up, allowing you to chat with guests while cooking.Peaceful Views: 4FS overlooks a beautiful atrium garden lined with trees, offering a serene and peaceful view from your window.Building Amenities: 24-Hour Doorman & Onsite Resident Manager: Enjoy the convenience and security of a full-service building.Bike Room: Storage for your bike. Tech-Friendly Laundry Room: The laundry facilities are equipped with machines that can be connected to your mobile device, notifying you when machines are available and when your laundry is done.Building Link System: Receive alerts for dry cleaning and package deliveries directly to your smartphone.Sublet Policies: Subletting is permitted after five years of residency, with a sublease period of two years. Chelsea Lane is known for its low maintenance fees and flexible purchasing options, including co-purchasing, parents buying, guarantors, and gifting.The building is pet-friendly (upon approval) and allows pied--terres. Subletting is permitted after five years of residency, with a sublease period of four years.Full financial disclosure and board approval is needed, with up to 80 percent financing available. Prime Location: Incredible location just a block away from Union Square Green Market. Ideally located by all major transportation: access by (4,5,6, N, R, Q, L, W, F, V,1,2,3, & PATH trains) Easy access to Citi Bikes available on the northeast corner of 16th and 5th Avenues. SHOWN BY APPOINTMENT ONLY!

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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
Parking Available
Laundry in Building
Outdoor Space
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$505,000
Asking Price: $505,000
Term
30 Years
Down Payment
$101,000 (20%)
Min: 20% (101,000)
Rate
6.5 %
Mortgage Amount
$404,000
Mortgage Payment
$2,554
Maintenance
$843
Estimated Yoreevo rebate
$3,888
Estimated closing cost
$7,000
Total monthly cost $3,397
Buy your dream home with us and get an estimated $3,888 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Coldwell Banker Warburg

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