Chelsea Lane, 16 West 16th Street, Unit 8KS - Studio Apt for Sale for $512,500

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Chelsea Lane, 16 West 16th Street, #8KS

$512,500 | Studio, 1 bath

Building Profile |

3 days on Market

Key Details

Listed: Nov 20, 2024

Days on Market: 3

Building Type: Cooperative

Neighborhood: Flatiron/Union Square (Manhattan)

Doorman: FT Doorman

Monthly Maintenance: $869

Est. Monthly Mortgage: $2,736

Total Est. Monthly Carrying Cost: $3,605

Note: the above is based on a down payment of 20% ($102,500), which is the minimum amount permitted by the building.

Description

Apartment 8KS at Chelsea Lane: Your Ideal Retreat in Flatiron

Welcome to Apartment 8KS at Chelsea Lane - a thoughtfully designed space in one of Manhattan’s most desirable neighborhoods, perfect for first-time home buyers and pied- -terre seekers. With a blend of modern amenities and classic comfort, this apartment is designed for those looking for both functionality and charm in the heart of the city.

Step Inside: Flexible and Inviting Living Space

As you enter the north-facing apartment, a cozy foyer welcomes you, guiding you into a spacious, open-plan living area that’s d ready for your personal touch. This flexible layout allows you to effortlessly create distinct zones, whether for a cozy bedroom nook or an inviting living/dining area that’s perfect for entertaining guests.

The kitchen, outfitted with all-white appliances and solid wood cabinetry, offers ample space for culinary creations.

If you’re a fan of open-concept designs, there’s potential to open the kitchen wall, connecting it to the main living area for an enhanced social cooking experience.

One of the apartment’s most unique features is the view - a peaceful atrium garden lined with trees. From your window, enjoy a sense of calm amidst the city’s bustle, with the soothing sight of greenery just a glance away.

Premier Building Amenities

Chelsea Lane is equipped with an array of amenities designed for convenience and security, enhancing your urban lifestyle:

24-Hour Doorman & Onsite Resident Manager: Benefit from a fully staffed building for peace of mind and assistance anytime. Bike Room: Safely store your bike, ready for your next ride around town.

Tech-Friendly Laundry Room: Stay connected with app-integrated laundry machines that notify you when machines are ready and when your laundry is complete. Building Link System: Keep up with package deliveries and dry-cleaning alerts directly on your smartphone for seamless communication with building management.

Purchasing:

Chelsea Lane offers a low-maintenance fee structure and purchasing options, including:

:Pied a terres, co-purchasing, parents buying, guarantors, and gifting.

Pet Policy: Pet-friendly upon approval. Subletting Policy: Subletting is permitted after five years of residency, with a maximum sublease period of four years. Financing: Up to 80% financing available with full financial disclosure and board approval required.

Location: The Best of Flatiron and Chelsea

Situated just a block from Union Square Green Market, Chelsea Lane places you at the heart of prime Flatiron conveniences.

Enjoy access to major subway and train lines (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains) along with Citi Bikes located on the northeast corner of 16th and 5th Avenues, making transportation around the city effortless.

Don’t Miss Out! This is a rare opportunity to experience modern conveniences, peaceful surroundings, and an unbeatable location all in one. Apartment 8KS is shown by appointment only - schedule yours today to discover this exceptional urban retreat in the heart of Manhattan’s Flatiron district.

Apartment Amenities

Northern Exposures

Listing courtesy of Coldwell Banker Warburg

Pricing History

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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

Other Apartments Available in this Building (6)

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Chelsea Lane, 16 West 16th Street, #8KS

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

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