2 months on rocket

Sale Pending

16 W 16th St Unit 7Gs, New York City, NY, 10011

$709,000

Home List Price

$8,419*

Closing Credit

1 Full Bath
Condo
Schools Nearby

Location

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16 W 16th St Unit 7Gs, New York$709,000

Buyer Closing Credits

$8,419*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1964
CoolingWall Unit(s)
BasementYes
ViewOther
MLS #RPLU-5122898428
StatusSale Pending

About 16 W 16th St Unit 7Gs

Welcome home! Apartment 7GS at The Chelsea Lane is a stunning Jr-1 bedroom / L-studio with recently renovated bath, updated kitchen, and hardwood flooring throughout the living area.<br><br>Your living space layout stretches 20' and offers multiple nooks for dining + work from home. Plus, the apartment has great built in cabinets and large closets providing ample storage. The kitchen has a modern style with frosted glass cabinets, mirrored backsplash and stainless steel appliances. The spa-like bathroom features freshly tiled bath surround and a contemporary vanity with vessel sink.<br><br>16 West 16th Street "The Chelsea Lane", is one of Flatiron's most 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. 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 building's central location keeps you close to all of Manhattan's 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: $709,000

HOA Fees:

  • Amount: $1085
  • 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 7Gs vs New York

65 DAYS ON ROCKET

-31 Days

$709,000

-$140.1K Less

KEY TAKEAWAY

This property is $140.1K 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: #RPLU-5122898428

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: 5/4/2024, 9:20:37 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

$4,691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,192

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-5880351
9
/10
  • Success Academy Charter School-Union Square

  • 40 Irving Pl

  • 0.34 miles

  • Public Charter Grades KG-1

school-card-donut-5880352
9
/10
  • PS 41 Greenwich Village

  • 116 W 11th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-5880353
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. Typical income of New York, NY residents is $200k+ annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 W 16th St Unit 7Gs

What is the listing price of this property?

The listing price of 16 W 16th St Unit 7Gs property is $709,000.

What type of property is this?

The property 16 W 16th St Unit 7Gs is a condo located in New York City, New York, 10011.

Is this property for sale now?

Sale Pending: 16 W 16th St Unit 7Gs 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 7Gs has 1 bathroom..

Which year was this property built?

The year of construction for 16 W 16th St Unit 7Gs is 1964.

Rocket HomesNew YorkNew York1001116 W 16th St Unit 7Gs

This home is located at 16 W 16th St Unit 7Gs 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 February 28, 2024 and is currently priced at $709,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. 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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