Note: the above is based on a down payment of 20% ($159,000),
which is the minimum amount permitted by the building.
Description
The architecturally driven renovation of this high floor junior one bedroom features custom millwork and lighting throughout. A classic 9’3" beamed ceiling highlights the living room, which has space for relaxing, dining and entertaining. The adjacent windowed kitchen has not an inch of wasted space and is equipped with a stove and microwave by Fischer & Paykel, a Leifheit refrigerator and Blomberg dishwasher. The vented bathroom has a glass enclosed tub/shower combination with a marble feature wall, glass tiled walls, a stone tiled floor and vanity with storage. In addition to the apartment’s beautiful North Eastern city and skyline view, there are glorious panoramic views from the recently refurbished roof deck, which has comfortable seating and a convenient outdoor shower.
Designed by Farrar & Watmough, the architects of London Terrace, and built by developer Henry Mandel (completed in 1930), 161 West 16th St. is a 20-story Art Deco style building with 155 units that is in the heart of Chelsea yet convenient to Greenwich Village, the West Village, Union Square and Flatiron neighborhoods. In addition to an elegant lobby, this pet friendly cooperative has a full-time door attendant, resident superintendent and a central laundry.
Bike and basement storage are subject to availability. Guarantors, co-purchasing and pieds-a-terre are considered on a case-by case basis. There is a 2% flip tax split 50/50 between buyer and seller.
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