1 month on rocket

Sale Pending

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

$699,000

Home List Price

$8,301*

Closing Credit

1 Full Bath
Condo
Schools Nearby

Location

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16 W 16th St Unit 5Gn, New York$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1964
CoolingWall Unit(s)
BasementYes
ViewOther
MLS #RPLU-5122901875
StatusSale Pending

About 16 W 16th St Unit 5Gn

Home Sweet Home! Jr. 1 Bedroom/L-Studio in the Chelsea Lane! This beautifully renovated home is pin drop quiet. The sleek and sophisticated open chef's kitchen is absolute perfection, with custom cabinets, stone countertops/dining island, glass tile back-splash and stainless steel appliances including a dishwasher & built-in microwave. Generous entry foyer perfect for dining or home office. Modern updated bathroom. Bright and airy with generous closets and south facing garden/tree top views this picture perfect home ready for you to settle right in.<br><br>16 West 16th Street "The Chelsea Lane", is one of Flatiron's most sought after buildings. Amenities include; 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. Conveniently located seconds from the Union Square Farmers Market, lower Fifth Avenue/Flatiron's world renowned restaurants & some of the best shopping NYC has to offer. The buildings central located keeps you close to all of Manhattans major public transportation, so getting around town is incredibly convenient!

Property Details

Property Features

Property Information:

  • Year Built: 1964

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Dennis Margulies
  • Agent Phone: (212) 645-4040

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Building Courtyard, None

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

HOA Fees:

  • Amount: $1067
  • Frequency: Monthly
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

16 W 16th St Unit 5Gn vs New York

36 DAYS ON ROCKET

-60 Days

$699,000

-$146.4K Less

KEY TAKEAWAY

This property is $146.4K 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: #RPLU-5122901875

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Dennis Margulies
  • Agent Phone: (212) 645-4040

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: 4/25/2024, 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

$4,623

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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-212180
9
/10

  • Success Academy Charter School-Union Square

  • 40 Irving Pl

  • 0.34 miles

  • Public Charter Grades KG-1

school-card-donut-212181
9
/10

  • PS 41 Greenwich Village

  • 116 W 11th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-212182
10
/10

  • PS 40 Augustus Saint-Gaudens

  • 320 E 19th St

  • 0.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,684. Most New York, NY residents have annual incomes $200k+. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 W 16th St Unit 5Gn

What is the listing price of this property?

The listing price of 16 W 16th St Unit 5Gn property is $699,000.

What type of property is this?

The property 16 W 16th St Unit 5Gn is a condo located in New York City, New York, 10011.

Is this property for sale now?

Sale Pending: 16 W 16th St Unit 5Gn is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 16 W 16th St Unit 5Gn has 1 bathroom..

Which year was this property built?

The year of construction for 16 W 16th St Unit 5Gn is 1964.

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

This home is located at 16 W 16th St Unit 5Gn 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 20, 2024 and is currently priced at $699,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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