Buy with Yoreevo
$640,500
List Price: $650,000
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16 West 16th Street #5BS
Coop in Chelsea •  building info
studio • 1ba
Buy with Yoreevo

$640,500

List Price

$650,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
38
Last price change
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Estimated payment
$4,388
Monthly taxes
N/A
Monthly maintenance
$1,101
Description
Welcome to this elegant 'junior 1' bedroom / alcove studio residence, located on West 16th Street in the heart of Downtown Manhattan. This bright, street-facing unit offers a stylish and comfortable living space in a prime location. Upon entering, you are greeted by an abundance of natural light that fills the open layout, creating an inviting and airy ambiance. The home's foyer can be used both as a mud room and home office, with cut-outs that naturally lend themselves to cozy separations of space. The entry seamlessly flows into the well-appointed kitchen, with ample space to move around while cooking. The living room is generously proportioned, providing more than enough space to accommodate separate living and dining areas, making it ideal for entertaining or simply relaxing in style. The bedroom alcove is thoughtfully designed with a custom-built bedframe, offering additional storage underneath, and complemented by stylish built-ins that offer ample storage. Better yet - there's another three oversized closets throughout the home, which means you'll have space for all of your personal belongings. Whether you choose to make changes to the unit or simply enjoy it as it is, the potential for customization allows for personalization to suit your individual taste and lifestyle. Centrally located where both Flatiron & Chelsea meet, this residence offers convenient access to a myriad of dining, shopping, and entertainment options. Additionally, its central location provides close proximity to most subway lines, making commuting across the city and into other boroughs a breeze. Furthermore, it is just one block from both Union Square and lower 5th Avenue, offering unparalleled access to Manhattan's most dynamic and lively downtown hubs. The Chelsea Lane at 16 West 16th Street is one of Flatirons most well-run and sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and on-site managing agent. Well trained staff of handymen & porters with 24 hour coverage. Easy access to laundry, storage, bike room and garage on buildings lower level. Pets, pied-a-terres, and co-purchasing are allowed. Just a short walk to the following subway lines: 1/2/3/F/M/4/5/6/L/N/Q/R/W. It doesn't get better than this! Don't miss your opportunity to make this stylish and well-equipped residence your very own. Contact the listing broker today to schedule a private viewing and experience the allure of 16 West 16th Street living.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Central Air
Building Amenities
Bike Room
Package Room
Live In Super
Fios Available
Garage Parking
Parking Available
Wheelchair Access
Laundry in Building
Outdoor Space
Garden
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$650,000
Asking Price: $650,000
Term
30 Years
Down Payment
$130,000 (20%)
Min: 20% (130,000)
Rate
6.5 %
Mortgage Amount
$520,000
Mortgage Payment
$3,287
Maintenance
$1,101
Estimated Yoreevo rebate
$9,500
Estimated closing cost
$7,000
Total monthly cost $4,388
Buy your dream home with us and get an estimated
$9,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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