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In Contract

Chelsea Lane, 16 West 16th Street, #5BS

$650,000 | Studio, 1 bath
Building Profile  | 
254 days on Market

Key Details

  • Listed: Mar 14, 2024
    Days on Market: 254
    Building Type: Cooperative
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 122 times
Monthly Maintenance: $1,101
Est. Monthly Mortgage: $3,470
Total Est. Monthly Carrying Cost: $4,571
Note: the above is based on a down payment of 20% ($130,000), which is the minimum amount permitted by the building.

Description

Welcome to this elegant ’junior 1’ bedroom / alcove studio residence, located on West 16th Street in the heart of Downtown Manhattan. This bright, street-facing unit offers a stylish and comfortable living space in a prime location. Upon entering, you are greeted by an abundance of natural light that fills the open layout, creating an inviting and airy ambiance. The home’s foyer can be used both as a mud room and home office, with cut-outs that naturally lend themselves to cozy separations of space.

The entry seamlessly flows into the well-appointed kitchen, with ample space to move around while cooking. The living room is generously proportioned, providing more than enough space to accommodate separate living and dining areas, making it ideal for entertaining or simply relaxing in style. The bedroom alcove is thoughtfully designed with a custom-built bedframe, offering additional storage underneath, and complemented by stylish built-ins that offer ample storage.

Better yet - there’s another three oversized closets throughout the home, which means you’ll have space for all of your personal belongings. Whether you choose to make changes to the unit or simply enjoy it as it is, the potential for customization allows for personalization to suit your individual taste and lifestyle. Centrally located where both Flatiron & Chelsea meet, this residence offers convenient access to a myriad of dining, shopping, and entertainment options. Additionally, its central location provides close proximity to most subway lines, making commuting across the city and into other boroughs a breeze. Furthermore, it is just one block from both Union Square and lower 5th Avenue, offering unparalleled access to Manhattan’s most dynamic and lively downtown hubs.

The Chelsea Lane at 16 West 16th Street is one of Flatiron’s most well-run and sought after buildings. Amenities include a fully staffed lobby with a 24 hour doorman, live-in super and on-site managing agent. Well trained staff of handymen & porters with 24 hour coverage.

Easy access to laundry, storage, bike room and garage on buildings lower level. Pets, pied-a-terres, and co-purchasing are allowed. Just a short walk to the following subway lines: 1/2/3/F/M/4/5/6/L/N/Q/R/W. It doesn’t get better than this! Don’t miss your opportunity to make this stylish and well-equipped residence your very own.

Contact the listing broker today to schedule a private viewing and experience the allure of 16 West 16th Street living.

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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

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