NOT LISTED FOR SALE

124 W 16th St Unit 10W New York, NY 10011

Chelsea Neighborhood

Estimated Value: $3,743,000 - $6,560,566

3 Beds
3 Baths
2,775 Sq Ft
$1,211/mo HOA Fee

Last Sold October 13, 2020

Last sale price $6,895,000 $2,485 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $35,000/month

20 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 14 Street (F Line)
  • Eat-In Kitchen
  • Sixth Avenue Elementary School Rated A
  • Balcony
  • Central Air

About This Home

As of October 2020

Refined living in the center of Chelsea.

The only one of its kind at 124 West 16th Street.

Spanning 2775 square feet of interior space and 240 square feet of outdoor space, residence 10W is a 3 bedroom, 3 bathroom loft-like home, offering timeless sophistication and modern luxury.

This exceptional residence is centered around a voluminous, sun-filled, living room room with southern and western exposures, and features a wet bar with a second Subzero refrigerator with ice maker, and custom mill work. An eat in kitchen with second gas fireplace set this spectacular residence apart. A ver special floorplan for entertaining and comfortable living.

Graced by 9 foot, 6 inch ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in ceiling speakers for sound, your upgrades are already in place. The oversized south facing balcony comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living.

Sleek custom kitchens are adorned with grey oak cabinetry and an enormous island with a 5 foot Danube slab countertop and Quartzmaster counters and backsplashes. Professional appliances include Subzero cabinet faced 36" inch refrigerators with ice makers, Miele dishwashers and a Wolf cooktop and double oven with a stainless steel vented range hood.

The master bedroom is filled with light seen through grand casement windows with insulating qualities for both noise and climate. The spa-like master baths feature Bianco Dolomite and Bianco Alanur tiles and slabs, Toto toilets, and Zuma soaking tubs. Secondary bedrooms are large in scale with ample storage space.

All homes are equipped with laundry rooms with vented, full size LG washer dryers and custom built-ins for storage.

124 West 16 is the customized new development you have been searching for. Details throughout include millwork and niches in every unit, 1/2" reveal detail, 96" custom doors, recessed lighting, built-in speakers, and large storage rooms for each home.

Last Agent to Sell the Property

Nicole Hechter

Corcoran Group License #10301213500 Listed on: 02/10/2020

Corcoran Group

Co-Listed By

Masayo Hashimoto

Corcoran Group License #10301215722

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,204

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $1,211 Monthly HOA Fees

Home Design

  • 2,775 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Eat-In Kitchen
  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 791

Community Details

Overview

  • 15 Units
  • 124 West 16Th Street Condos
  • Chelsea/Hudson Yards Subdivision
  • 12-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,204

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,211 per month

Listing Details

  • Cross Street: Sixth Avenue & Seventh Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea/Hudson Yards
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 2775.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1211.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 124 West 16th Street
  • Units: 15
  • Total Stories: 12
  • Year Built: 2019

Tax Info

  • Tax Block: 791
  • Tax Annual: 42204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Oct 13, 2020
Sold by
124 West 16 Llc
Bought by
Ariel & Zohara Bardin Living Trust and Bardin, Trustee, Ariel
Seller's Agent
Nicole Hechter
Corcoran Group
List Price
$6,995,000
Sold Price
$6,895,000
Premium/Discount to List
-$100,000
-1.43%
Current Estimated Value
$5,128,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,766,108
Avg. Annual Appreciation
-6.29%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ariel & Zohara Bardin Living Trust $6,996,701 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ariel & Zohara Bardin Living Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $6,895,000 -1.4% $2,485 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $6,995,000 -- $2,521 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $62,605 $500,761 $52,327 $448,434
2023 $49,018 $484,356 $52,327 $432,029
2022 $47,587 $509,019 $52,327 $456,692
2021 $56,272 $500,960 $52,327 $448,633
Source: Public Records

Agents Affiliated with this Home

  • Nicole Hechter

    Seller's Agent in 2020

    Nicole Hechter

    Corcoran Group

    (917) 514-5874

    27 in this area

    165 Total Sales

    Nicole Hechter
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Masayo Hashimoto

    Corcoran Group

    (917) 549-9980

    13 in this area

    36 Total Sales

    Masayo Hashimoto
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622782

Real Estate Board of New York (REBNY)

APN: 0791-1216

New York New York County New York 10011 Chelsea

124 W 16th St Unit 10W, New York, NY

This home is located at 124 W 16th St Unit 10W, New York, NY 10011 since 10 February 2020 and is currently estimated at $5,128,892, approximately $1,848 per square foot. This property was built in 2019. 124 W 16th St Unit 10W is a home located in New York County with nearby schools including Sixth Avenue Elementary School, Clinton School, and Simon Baruch Middle School 104.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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