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Chelsea Lane, 16 West 16th Street, #14DN

$499,000 | Studio, 1 bath
Building Profile  | 
79 days on Market

Key Details

  • Listed: Sep 5, 2024
    Last Price Change: ($50,000) on Oct 14
    Days on Market: 79
    Building Type: Cooperative
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $946
Est. Monthly Mortgage: $2,664
Total Est. Monthly Carrying Cost: $3,610
Note: the above is based on a down payment of 20% ($99,800), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Nov 24
By appointment only.

Description

Welcome home to Apartment 14DN in Flatiron’s Chelsea Lane! This rarely available, unique-to-the-building studio has space for comfortable living, incredible Empire State Building city views, and islocated off Fifth Avenue at the cross-section of Union Square, Greenwich Village and Chelsea.

This lovely home is move-in ready or the perfect blank canvas to design your own space. Enter into the wide foyer, complete with two oversized closets that offer ample storage.

Your open-style kitchen is equipped with all the essentials, plus space for dining that easily seats 4-6 (or the addition of a breakfast bar/island - see alternate floorplan). Your bathroom is bright and spacious, located separate from the rest of the space.

This studio layout offers flexible space ready to be re-imagined into the perfect place for you to call home or to design into a chic NYC pied-a-terre. Oversized windows let natural sunlight illuminate this 14th floor apartment and offers spectacular northern city views overlooking 5th Avenue that greet you as soon as you walk in.

Built-in shelves and wood floors throughout the space offer functional charm and style.

16 West 16th Street "The Chelsea Lane", is one of Flatiron’s most sought-after buildings. Amenities include a fully staffed lobby with a 24-hour doorman, live-in super and on-site managing agent with a well trained staff of handymen & porters with 24-hour coverage. Easy access to laundry, storage, bike room and garage on buildings lower level.

Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron’s world-renowned restaurants & some of the best shopping NYC has to offer.

The building’s central location is by all of Manhattan’s major public transportation, so getting around town is incredibly convenient!

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Chelsea Lane, 16 West 16th Street

48

Chelsea Lane, 16 West 16th Street has received a CityRealty Rating of 48, 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

16
Out of 44
+
23
Out of 36
+
9
Out of 39
=
48
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 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:
Unified Design 1 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:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 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:
Less Than 3 Short Blocks 2 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 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:
Minimal 1 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:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 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:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • On-Site Parking
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Some balconies
  • Garage
  • Many interesting restaurants nearby
  • Doorman
  • Public transportation is very convenient
  • Convenient to the Flatiron- Chelsea- Greenwich Village and Union Square neighborhoods
  • Close to Subway
Cons
  • No health club
  • Lack of exciting views from most apartments
  • No sundeck
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Subways

  1. M
  2. 1
  3. 2
  4. 3
  5. F
  6. L
at 6th Ave and 16th 0.13 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Broadway and 16th 0.21 miles
  1. A
  2. C
  3. E
at 8th Ave and 16th 0.47 miles

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