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16 West 16th Street #4FN
Coop in Chelsea •  building info
1bd • 1ba
Sold price

$709,000

Key Details
Days on market
193
Last price change
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Estimated payment
$4,525
Monthly taxes
N/A
Monthly maintenance
$950
Description
Welcome to apartment 4FN. From the foyer, you enter the dining room, leading you into all areas of this apartment. The living area is excellent for entertaining. The open kitchen with plenty of storage allows you to create gourmet meals while chatting with your guests. Appliances are stainless steel, including a GE stove, dishwasher, Frigidaire microwave, and GE fridge, along with solid white cabinets and island counter. The updated bathroom has a new white sink, toilet, and green/gray mosaic tile. A great feature of this corner unit is a window in the bathroom, allowing for cross breeze ventilation on cool days. There are also many closets making it easy for summer/winter storage. A set of French doors provides complete privacy for the bedroom. This room is large enough for a queen-sized bed, nightstand, and dresser. 16 West 16 is a full-service building with a 24/7 doorman and is known for low monthly maintenance charges. Pets are allowed with board approval. Pied-a-terre and guarantor friendly and parents buying allowed. Subletting is allowed: you must own for two years before you can sublease for up to a total of 5 years; they do not have to be consecutive years. A new laundry system allows you to remotely choose your washer and dryer via mobile app, alerting you by text when your laundry is complete. This unit has monthly maintenance of only $951. A building assessment of $200.00 per month is in place until July 2022. The building is currently undergoing a lobby renovation along with newly completed hallways. Just blocks away from Union Square Greenmarket, Whole Foods, Trader Joe's, and 5th Avenue shopping. Ideally located near all major transportation: 4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains. Easy access to Citi Bikes on the northeast corner of 6th and 5th Avenues.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Dishwasher
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
Parents Buying Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$707,000
Asking Price: $707,000
Term
30 Years
Down Payment
$141,000 (20%)
Min: 20% (141,000)
Rate
6.5 %
Mortgage Amount
$565,600
Mortgage Payment
$3,575
Maintenance
$950
Estimated closing cost
$7,000
Total monthly cost $4,525
Listing Courtesy of Warburg

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