Buy with Yoreevo
$1,449,187
List Price: $1,475,000
Share Listing
Save Listing
16 West 16th Street #7RS
Coop in Chelsea •  building info
2bd • 1ba
Buy with Yoreevo

$1,449,187

List Price

$1,475,000

Key Details
Days on market
10
Last price change
loading...
Estimated payment
$8,829/mo
Taxes
Included in maintenance fees
Maintenance
$1,754/mo
Description
A private terrace. An oversized primary suite. Exceptional closet space. A thoughtfully created second bedroom. Apartment 7RS delivers the kind of flexibility, storage, and comfort that Manhattan buyers rarely find in one home. Originally configured as a one-bedroom, the current owners intelligently reimagined the layout by creating a true second bedroom, transforming the home into a versatile and highly desirable two-bedroom residence without sacrificing comfort, flow, or functionality. The expansive living and dining area provides an inviting space for entertaining, relaxing, and everyday living, while the private terrace serves as a coveted outdoor extension of the home-ideal for morning coffee, dining al fresco, gardening, or unwinding after a busy day in the city. Storage throughout the home is exceptional, with multiple closets offering abundant space for clothing, seasonal items, luggage, and all household essentials. The recently renovated kitchen has been thoughtfully designed with both style and practicality in mind. Featuring abundant cabinetry and storage, it is equipped with a suite of premium stainless-steel appliances, including Bosch, LG, KitchenAid, and Fisher & Paykel. The king-sized primary bedroom is a true standout, offering the scale and comfort often missing from newer apartments. Large enough to accommodate substantial furniture with room to spare, it serves as a peaceful retreat from city life. Complementing the space is an impressive walk-in closet as well as two additional closets, providing the kind of storage Manhattan residents dream about. The thoughtfully designed second bedroom includes a murphy bed that flips around to function also as an office with a fold out desk. This versatility provides endless flexibility as a guest room, home office, nursery, or creative studio - making the apartment well-suited for a variety of lifestyles. Located within the highly regarded Chelsea Lane Cooperative, residents enjoy full-time door staff, a live-in superintendent, beautifully landscaped gardens separating the North and South Towers, a newly renovated lobby and hallways, bike storage, central laundry, and a prime Flatiron location at the crossroads of Union Square, Chelsea, Greenwich Village, and NoMad within close proximity to mass transit options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains). Moments from Madison Square Park, the Union Square Greenmarket, acclaimed restaurants, boutique shopping, and multiple transportation options, Apartment 7RS offers a rare opportunity to own a home that seamlessly combines space, storage, outdoor living, and one of Manhattan's most desirable downtown addresses. Some apartments check a few boxes. Apartment 7RS checks the ones buyers spend years searching for. Some pictures have been virtually staged.

Hide full description

Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Pied-a-Terre Allowed
Unit features
Dishwasher
Storage Available
Private outdoor space

Balcony

View

City

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$1,475,000
Asking Price: $1,475,000
Term
30 Years
Down Payment
$295,000 (20%)
Min: 20% (295,000)
Rate
6.0 %
Mortgage Amount
$1,180,000
Mortgage Payment
$7,075
Maintenance
$1,754
Estimated Yoreevo rebate
$25,813
Estimated closing cost
$22,000
Total monthly cost $8,829
Buy your dream home with us and get an estimated $25,813 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.