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161 West 16th Street, #9C

$695,000 | Studio, 1 bath
Building Profile  | 
162 days on Market

Key Details

  • Listed: Jul 13, 2024
    Last Price Change: ($50,000) on Dec 2
    Days on Market: 162
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 238 times
Monthly Maintenance: $1,525
Est. Monthly Mortgage: $3,692
Total Est. Monthly Carrying Cost: $5,217
Note: the above is based on a down payment of 20% ($139,000), which is the minimum amount permitted by the building.

Description

Experience luxury living at 161 West 16th Street in the heart of Chelsea. Residence 9C is a meticulously renovated Junior 1-Bedroom with northern exposures. The formal entry foyer features an exposed iron door, spacious coat closet, dressing room with abundant storage, and a newly renovated bathroom with a glass stall shower, white subway tile, mosaic accents, recessed lighting, vanity, and medicine cabinet.

The bright living room, with newly finished hardwood floors and beamed ceilings provides ample space for entertaining.

There is also a thoughtfully designed area to serve all your work from home office needs. The adjacent bedroom fits a queen-sized bed and additional furniture. The windowed kitchen, partially open to the living room, includes stainless steel appliances, full size dishwasher, marble countertops, backsplash, and Oak wood cabinets.

Functional and chic, this home will check off everything on your wish list!

Centrally located in Chelsea and adjacent to Union Square, West Village, and Meatpacking District,161 West 16th is a highly coveted and established coop with stellar financials.Residents enjoy a furnished roof-deck with 360-degree Manhattan and Hudson River views, a well-maintained laundry room, bike room, full-time doorman, and superintendent. Located off 7th Avenue, this Art-Deco building is near Cafeteria, Sabon, William Sonoma, and Furniture Row, with easy access to the1,2,3,A,C,E,F,M trains. Call for an appointment asap! ASK me about a possible rate buy down concession.

PURCHASE this home with an interest rate that is 2% below market prevailing rates. Let’s discuss.

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Listing courtesy of Corcoran Group

Pricing History

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About 161 West 16th Street

71

161 West 16th Street has received a CityRealty Rating of 71, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
25
Out of 36
+
15
Out of 39
+
9
=
71
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Terraces / Balconies

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Pros
  • Convenient Chelsea location
  • Handsome pre-war building
  • Good public transportation
  • Bicycle Room
  • Roof deck
  • Superintendent
  • Doorman
  • Built by Henry Mandel
  • Close to Subway
Cons
  • No concierge
  • No fitness center
  • Many apartments
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Subways

  1. 1
at 7th Ave 0.08 miles
  1. M
  2. 2
  3. 3
  4. F
  5. L
at 6th Ave and 16th 0.16 miles
  1. A
  2. C
  3. E
at 8th Ave and 16th 0.19 miles
  1. N
  2. R
at Broadway 0.47 miles
  1. Q
  2. 4
  3. 5
  4. 6
at Broadway and 16th 0.50 miles

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