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16 West 16th Street #9AWN
Coop in Chelsea •  building info
3bd • 2ba
Sold price

$1,675,000

Key Details
Days on market
204
Last price change
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Estimated payment
$10,867
Monthly taxes
N/A
Monthly maintenance
$2,397
Description
This apartment is a combination of two one-bedroom units (9A and 9W) located in the northern tower of the coveted Chelsea Lane cooperative building in the center of Greenwich Village. The apartment is in move-in condition depending on your taste and needs. Spanning approximately 1,560 square feet, this large apartment currently comprises three bedrooms, two baths, two kitchens, and ample closet space throughout. One of the two kitchens was recently renovated with Italian lacquer cabinetry, a Fisher-Paykel refrigerator, GE Profile range oven, and a large island with stone counters. Both bathrooms were also upgraded. The unit faces north with unobstructed city views and benefits from abundant natural light all day. Alternatively, with a little imagination and a good contractor, you could easily convert it into a modern three-bedroom apartment including a large master bedroom with an en-suite bath and walk-in closet, two adjoining bedrooms, two separate full bathrooms, and an expansive living area with open kitchen area. We have hired a licensed architect and contractor to provide a cost estimate and timeline for the above basic renovation work. Happy to share report upon request. There are many other layout possibilities. This is a unique opportunity to create your dream home right off Fifth Avenue in Greenwich Village. You must come see this apartment to assess its possibilities. The Chelsea Lane is a 24-hour full service building with live-in resident manager and on-site managing agent from AKAM. There is a laundry room, storage room, bike room and direct garage access. Conveniently located near Union Square Farmers Market, Whole Foods, Trader Joe's, a wide range of upscale shopping options on lower Fifth Avenue, and access to all major public transportation. The Chelsea Lane is a well-managed cooperative with solid financials and reserves. The building is undergoing lobby renovations that will only add to its popularity once completed. Gifting, co-purchasing, pets, and pied-a-terre allowed. Please note there is an assessment of $504.40/mth in place until July 2022.

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Important Stuff
Doorman
Elevator
Pets allowed
Listing Amenities
Storage Available
Building Amenities
Bike Room
Outdoor Space
Courtyard
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$1,675,000
Asking Price: $1,675,000
Term
30 Years
Down Payment
$335,000 (20%)
Min: 20% (335,000)
Rate
6.5 %
Mortgage Amount
$1,340,000
Mortgage Payment
$8,470
Maintenance
$2,397
Estimated closing cost
$24,000
Total monthly cost $10,867
Listing Courtesy of Douglas Elliman

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