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In Contract

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

$775,000 | Studio, 1 bath
Building Profile  | 
76 days on Market

Key Details

  • Listed: Oct 7, 2024
    Days on Market: 76
    Building Type: Cooperative
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 101 times
Monthly Maintenance: $1,058
Est. Monthly Mortgage: $4,117
Total Est. Monthly Carrying Cost: $5,175
Note: the above is based on a down payment of 20% ($155,000), which is the minimum amount permitted by the building.

Description

Mint-Condition, Fully-Renovated, South-Facing L-Shaped Alcove Studio in Flatiron Premier Doorman Building | Excellent Closet / Storage Space | Low Monthly Maintenance Convertible to 1 Bedroom - Seller will offer a closing credit toward constructing a wall, if purchaser prefers the separation - See alternate floorplan Welcome home to your peaceful urban oasis! This stunning, gut-renovated apartment is an incredible value and centrally located in prime Downtown Manhattan at the crossroads of Union Square, Flatiron, Greenwich Village, and Chelsea. Upon entering, you feel immediately at home in the comfort and ’chic-ness’ of the space. This home is south-facing over the interior courtyard - The light is wonderful and the apartment is very quiet.

Brand-new floors were put in by the current owner just a couple years ago. Storage is excellent throughout - There are over 12 feet of closets along the foyer as you enter, and 2 additional closets in the dining and bedroom areas, all outfitted with ELFA built-ins and attractive, premium floor-to-ceiling tinted glass sliding doors. Just past the hallway closets there is a lovely nook which works perfectly as a desk / work-from-home space. To the right off the foyer is the exquisitely-renovated open kitchen, complete with high-end appliances (Liebherr refrigerator, Bertazzoni range, Bosch dishwasher, LG microwave), oversized kitchen sink with Danze pull-out kitchen faucet, sleek white custom cabinetry, quartz counters, glass backsplash, and imported Italian stone floors. The main living space overlooks the building’s landscaped courtyard garden and receives abundant southern light.

There is plenty of room for a full living room set and dining table + chairs with seating for 4. The bedroom area is large with space for a queen bed, side tables, and the floor-to-ceiling closet is large with beautiful tinted glass doors. Just off the bedroom is the tastefully-designed Italian marble bathroom sporting Hansgrohe shower tower with 5 body sprays, 2 shower heads, and a handheld shower head, and sliding glass shower doors. Additional apartment features include modern plank floors throughout and a Frigidaire 14,000 BTU AC unit, installed in 2019. 16 West 16th Street is one of downtown’s premier full-service co-ops, conveniently located near Union Square just off 5th Avenue & 16th Street. Amenities include 24/7 doorman & concierge, newly-updated common laundry room, storage, bike storage, and parking garage on-site.

The building is pet friendly; and co-purchasing, guarantors, pied-a-terre, and subletting are allowed with board approval. Additionally, the main lobby and all common spaces have been recently renovated, brand-new! This incredible home is move-in-ready in a doorman building in prime Downtown Manhattan - Call, text, email for more info and to schedule a visit today!

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Apartment Amenities

  • Garden
Listing courtesy of Compass

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
  1. B
  2. D
at 6th Ave and Waverly Pl 0.49 miles

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