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16 W 16th St Unit 5Bs, New York City, NY, 10011

$650,000

Home List Price

$7,719*

Closing Credit

1 Full Bath
Condo
Schools Nearby

Location

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16 W 16th St Unit 5Bs, New York$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingGarage
Year Built1964
HeatingCentral
CoolingCentral Air
MLS #COMP-1532130990051617361
StatusActive

About 16 W 16th St Unit 5Bs

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
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

16 W 16th St Unit 5Bs vs New York

48 DAYS ON ROCKET

-48 Days

$650,000

-$199.1K Less

KEY TAKEAWAY

This property is $199.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1532130990051617361

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Lauren Schaffer
  • Agent Phone: (847) 682-3303

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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

$4,413

Per 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.

Nearby Schools

school-card-donut-4525145
9
/10
  • Success Academy Charter School-Union Square

  • 40 Irving Pl

  • 0.34 miles

  • Public Charter Grades KG-1

school-card-donut-4525146
9
/10
  • PS 41 Greenwich Village

  • 116 W 11th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4525147
10
/10
  • PS 40 Augustus Saint-Gaudens

  • 320 E 19th St

  • 0.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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.

Rocket Homes›New York›New York›10011›16 W 16th St Unit 5Bs

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.

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