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161 West 16th Street #8E
Coop in Chelsea •  building info
studio • 1ba
Sold price

$789,000

Description
BOM-Welcome home to #8E at 161 West 16th Street. This perfect alcove studio is located in the heart of Chelsea at a gorgeous pre-war building. This spacious and light filled home features sunny southern exposure, a beautifully renovated, windowed kitchen complete with marble backsplash and tiling. The oversized living room with plenty of space for dining and entertaining features high beamed ceilings and an abundance of natural light. The large alcove easily fits a queen sized bed and more, and a huge custom walk in closet allows for tons of storage. A stunning marble bathroom, large entry and beautiful hardwood floors complete this lovely home. 161 West 16th Street is a full-service co-op that features a restored Art Deco lobby, 24 hour doorman, live in super and porter, roof deck with panoramic city views, central laundry and bike storage. Formerly known as the Barneys Building, 161 West 16th Street is located in the heart of vibrant Chelsea moments from the best restaurants, farmers market, and shops in the neighborhood. Accessible to transportation, and all that Chelsea, Greenwich Village, West Village, Union Square and Flatiron neighborhoods have to offer, this is an opportunity not to be missed. Pied a terres, pets, co-purchasing and gifts permitted subject to board approval. Flip tax: 1% buyer, 1% seller.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Hardwood floors
City View
Dishwasher
Building Amenities
Bike Room
Gifts Allowed
Live In Super
Fios Available
Laundry in Building
Outdoor Space
Roof Deck
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$789,000
Asking Price: $789,000
Term
30 Years
Down Payment
$157,000 (20%)
Min: 20% (157,000)
Rate
6.5 %
Mortgage Amount
$631,200
Mortgage Payment
$3,990
Maintenance
$1,264
Estimated closing cost
$7,000
Total monthly cost $5,254
Listing Courtesy of Compass

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