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$508,406
List Price: $512,500
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16 West 16th Street #8KS
Coop in Chelsea •  building info
studio • 1ba • 378ft² $1,356 per ft²
Buy with Yoreevo

$508,406

List Price

$512,500

Key Details
Days on market
32
Last price change
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Estimated payment
$3,460
Monthly taxes
N/A
Monthly maintenance
$869
Description
Apartment 8KS at Chelsea Lane: Your Ideal Retreat in Flatiron Welcome to Apartment 8KS at Chelsea Lane - a thoughtfully designed space in one of Manhattan's most desirable neighborhoods, perfect for first-time home buyers and pied--terre seekers. With a blend of modern amenities and classic comfort, this apartment is designed for those looking for both functionality and charm in the heart of the city. Step Inside: Flexible and Inviting Living Space As you enter the north-facing apartment, a cozy foyer welcomes you, guiding you into a spacious, open-plan living area that's d ready for your personal touch. This flexible layout allows you to effortlessly create distinct zones, whether for a cozy bedroom nook or an inviting living/dining area that's perfect for entertaining guests. The kitchen, outfitted with all-white appliances and solid wood cabinetry, offers ample space for culinary creations. If you're a fan of open-concept designs, there's potential to open the kitchen wall, connecting it to the main living area for an enhanced social cooking experience. One of the apartment's most unique features is the view - a peaceful atrium garden lined with trees. From your window, enjoy a sense of calm amidst the city's bustle, with the soothing sight of greenery just a glance away. Premier Building Amenities Chelsea Lane is equipped with an array of amenities designed for convenience and security, enhancing your urban lifestyle: 24-Hour Doorman & Onsite Resident Manager: Benefit from a fully staffed building for peace of mind and assistance anytime. Bike Room: Safely store your bike, ready for your next ride around town. Tech-Friendly Laundry Room: Stay connected with app-integrated laundry machines that notify you when machines are ready and when your laundry is complete. Building Link System: Keep up with package deliveries and dry-cleaning alerts directly on your smartphone for seamless communication with building management. Purchasing: Chelsea Lane offers a low-maintenance fee structure and purchasing options, including: :Pied a terres, co-purchasing, parents buying, guarantors, and gifting. Pet Policy: Pet-friendly upon approval. Subletting Policy: Subletting is permitted after five years of residency, with a maximum sublease period of four years. Financing: Up to 80% financing available with full financial disclosure and board approval required. Location: The Best of Flatiron and Chelsea Situated just a block from Union Square Green Market, Chelsea Lane places you at the heart of prime Flatiron conveniences. Enjoy access to major subway and train lines (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains) along with Citi Bikes located on the northeast corner of 16th and 5th Avenues, making transportation around the city effortless. Don't Miss Out! This is a rare opportunity to experience modern conveniences, peaceful surroundings, and an unbeatable location all in one. Apartment 8KS is shown by appointment only - schedule yours today to discover this exceptional urban retreat in the heart of Manhattan's Flatiron district.

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Important Stuff
Elevator
Full Time Doorman
Listing Amenities
Storage Available
City View
Building Amenities
Garage Parking
Laundry in Building
Bike Room
Live In Super
Fios Available
Parking Available
Outdoor Space
Courtyard
Coop Rules
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$512,000
Asking Price: $512,500
Term
30 Years
Down Payment
$102,000 (20%)
Min: 20% (102,000)
Rate
6.5 %
Mortgage Amount
$410,000
Mortgage Payment
$2,591
Maintenance
$869
Estimated Yoreevo rebate
$4,094
Estimated closing cost
$7,000
Total monthly cost $3,460
Buy your dream home with us and get an estimated $4,094 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Coldwell Banker Warburg

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