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.
Property Details
Property Features
Property Information:
Year Built: 1964
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: Lauren Schaffer
Agent Phone: (847) 682-3303
Interior Features
Interior Information:
Appliances: Dishwasher
Flooring Type: Hardwood
Interior: Entrance Foyer, His and Hers Closets
Bedroom and Bathroom Information:
Full Bathrooms: 1
Exterior Features
Exterior Information:
Exterior: Garden
Parking Information:
Attached Garage: No
Parking: Garage
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $650,000
HOA Fees:
Amount: $1101
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/2/2024, 3:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,413
Per Month
Principal & Interest
$3,245
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,101
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,015
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Success Academy Charter School-Union Square
40 Irving Pl
Distance between this listing and this school0.34 miles
Public Charter Grades KG-1
9
/10
PS 41 Greenwich Village
116 W 11th St
Distance between this listing and this school0.35 miles
Public District Grades PK-5
10
/10
PS 40 Augustus Saint-Gaudens
320 E 19th St
Distance between this listing and this school0.60 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ballet Tech/Nyc Public School For Dance
890 Broadway
Distance between this listing and this school0.20 miles
Public District Grades 4-8
8
/10
The 47 American Sign Language and English Lower School
223 East 23rd St
Distance between this listing and this school0.61 miles
Public District Grades PK-8
7
/10
Nyc Lab Middle School For Collaborative Studies
333 W 17th St
Distance between this listing and this school0.61 miles
Public District Grades 6-8
Nearby Schools
5
/10
Harvest Collegiate High School
34 W 14th St
Distance between this listing and this school0.15 miles
Public District Grades 9-10
10
/10
Manhattan Village Academy
43 W 22nd St
Distance between this listing and this school0.32 miles
Public District Grades 9-12
3
/10
High School For Language and Diplomacy
40 Irving Pl
Distance between this listing and this school0.34 miles
The neighbors living near this home have an average income of $124,684. Residents of New York, NY typically earn $200k+ each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 W 16th St Unit 5Bs
What is the listing price of this property?
The listing price of 16 W 16th St Unit 5Bs property is $650,000.
What type of property is this?
The property 16 W 16th St Unit 5Bs is a condo located in New York City, New York, 10011.
Is this property for sale now?
Active Listing: 16 W 16th St Unit 5Bs is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 16 W 16th St Unit 5Bs has 1 bathroom..
What is the square footage of this property?
The sq. ft. of 16 W 16th St Unit 5Bs is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 16 W 16th St Unit 5Bs is 1964.
This home is located at 16 W 16th St Unit 5Bs in New York City, NY and zip code 10011 in the The Flatiron District neighborhood. This home was built in 1964. Features: 1 bathroom. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $650,000.
In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.
From Rocket Homes Real Estate and based on county public records data.