Key Details

Listed: Aug 15, 2024

Days on Market: 100

Building Type: Cooperative

Neighborhood: Flatiron/Union Square (Manhattan)

Doorman: FT Doorman

Monthly Maintenance: $843

Est. Monthly Mortgage: $2,696

Total Est. Monthly Carrying Cost: $3,539

Note: the above is based on a down payment of 20% ($101,000), which is the minimum amount permitted by the building.

Description

Welcome to Apartment 4FS at Chelsea Lane - Your Urban Retreat!

First-Time Home Buyers or Pied- -Terre Seekers

As you enter this north-facing space, you’ll immediately feel at home. The welcoming foyer leads you into a spacious living area, freshly painted and move-in ready. This versatile space allows you to create a cozy bedroom area while still enjoying a comfortable living/dining area for entertaining.

Key Features:

Flexible Living Space: The open layout provides ample space to customize your living and bedroom areas.

A hidden gem, the Murphy bed allows for a true living, dining, and entertaining space, maximizing the apartment’s functionality. Kitchen: Featuring all-white appliances and solid wood cabinetry, the kitchen is for creating gourmet meals. If you prefer an open floor plan, the wall can easily be opened up, allowing you to chat with guests while cooking.

Peaceful Views: 4FS overlooks a beautiful atrium garden lined with trees, offering a serene and peaceful view from your window.

Building Amenities:

24-Hour Doorman & Onsite Resident Manager: Enjoy the convenience and security of a full-service building. Bike Room: Storage for your bike. Tech-Friendly Laundry Room: The laundry facilities are equipped with machines that can be connected to your mobile device, notifying you when machines are available and when your laundry is done.

Building Link System: Receive alerts for dry cleaning and package deliveries directly to your smartphone.

Sublet Policies:

Subletting is permitted after five years of residency, with a sublease period of two years.

Chelsea Lane is known for its low maintenance fees and flexible purchasing options, including co-purchasing, parents buying, guarantors, and gifting.The building is pet-friendly (upon approval) and allows pied--terres. Subletting is permitted after five years of residency, with a sublease period of four years.Full financial disclosure and board approval is needed, with up to 80 percent financing available.

Prime Location:

Incredible location just a block away from Union Square Green Market.

Ideally located by all major transportation: access by (4,5,6, N, R, Q, L, W, F, V,1,2,3, & PATH trains) Easy access to Citi Bikes available on the northeast corner of 16th and 5th Avenues. SHOWN BY APPOINTMENT ONLY!

About Chelsea Lane, 16 West 16th Street

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

Out of 44

Out of 36

Out of 39

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

Co-op
Built in 1964
489 Apartments
14 Floors

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

About this Building

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

Map View | Street View

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Subways

at 6th Ave and 16th 0.13 miles

at Broadway and 16th 0.21 miles

at 8th Ave and 16th 0.47 miles

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Chelsea Lane, 16 West 16th Street, #4FS

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

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

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This is your member's center

Chelsea Lane, 16 West 16th Street, #4FS

Key Details

Description

Pricing History

About Chelsea Lane, 16 West 16th Street

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

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

Other Apartments Available in this Building (6)

Buy & Sell

Rent

Buildings

Insights

Company