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305 West 16th Street #5A
Condop in Chelsea •  building info
studio • 1ba • 454ft² $1,540 per ft²
List Price


Key Details
Days on market
Last price change
Estimated payment
Monthly taxes
Monthly maintenance
Introducing 305 West 16th Street, Apartment #5A in the heart of Chelsea. This studio offers an ideal blend of comfort, convenience, and investment potential. This meticulously maintained apartment has a western exposure for excellent natural light and overlooks a large park, with the Dream Hotel & Google headquarters in the background. With space for sleeping, entertaining and dining, the layout maximizes storage, especially for aspiring chef's with an open kitchen. This is the only apartment in its price-point with an in unit washer/dryer! There is carbonized bamboo flooring throughout, complemented by a sleek galley kitchen featuring Caesarstone countertops, Bosch appliances, and custom Italian-made Cerused Wenge cabinetry. Beyond its impeccable interior, this residence presents a lucrative investment opportunity with its unlimited subletting policy from day one (rental potential around $4,250). Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability. 305 West 16th Street feels like a hotel lifestyle. There is a signature scent when you walk in to the welcoming 24-hour doorman, Zen Garden, and fully furnished common roof deck. Every detail exudes sophistication especially the panoramic views stretching from the Empire State Building to Hudson Yards. There is a 24-hour fitness center equipped with state-of-the-art equipment, including a Peloton bike. Conveniently located near the ACE subway and iconic Chelsea Market, and easily accessible in and out of the city to Brooklyn, New Jersey, and beyond. Discover more about this exceptional opportunity by visiting @DanielleSellsNYC.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Full Time Doorman
Listing Amenities
Storage Available
Hardwood floors
City View
Park View
Central Air
Skyline View
Building Amenities
Bike Room
Land Lease
Package Room
Fios Available
Storage Available
Laundry in Building
Outdoor Space
Roof Deck
Coop Rules
Pied-a-Terre Allowed
What it'll cost
Purchase price
Asking Price: $699,000
30 Years
Down Payment
$174,000 (25%)
Min: 25% (174,000)
6.5 %
Mortgage Amount
Mortgage Payment
Estimated closing cost
Total monthly cost $5,042
Listing Courtesy of Compass

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