NOT LISTED FOR SALE

126 W 16th St Unit 2 New York, NY 10011

Chelsea Neighborhood

Estimated Value: $1,949,000

1 Bed
1 Bath
852 Sq Ft
$2,288/Sq Ft Est. Value

About This Home

Refined living in the center of Chelsea.

Spanning 852 square feet, residence #2 is a 1 bedroom + home office, 1 bathroom loft-like home, offering timeless sophistication and modern luxury.

This exceptional residence is centered around a voluminous, sun-filled, great room with southern and eastern exposures. Layouts with open living/ dining and kitchen concepts provide a seamless flow for entertaining. Graced by 9-foot, 6-inch ceilings, 6" American white oak floors, this new rental within a top development is a step above.

Sleek custom kitchens are adorned with grey oak cabinetry and an enormous island with a Danube slab countertop and Quartz Master counters and backsplashes. Professional appliances include Miele dishwashers and a Wolf cooktop and oven with a stainless-steel vented range hood.

The master bedroom is filled with light seen through grand windows with insulating qualities for both noise and climate. The spa-like master bath features Bianco Dolomite and Bianco Alanur tiles and slabs, Toto toilets, and Zuma soaking tubs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2016
Sold by
124 West 16 Llc
Bought by
124 West 16 Llc
Current Estimated Value
$1,949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,099,954
Outstanding Balance
$20,929,161
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
124 West 16 Llc $5,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 124 West 16 Llc $0
Open 124 West 16 Llc $26,099,954
Closed 124 West 16 Llc $3,900,046
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 For Rent $4,250 -- --
02/04/2021 02/04/21 Rented -- -- --

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
2021 $2,451 $0 $0 $0
2020 $560,258 $4,527,184 $702,634 $3,824,550
2019 $187,853 $1,548,364 $702,634 $845,730
2018 $131,723 $1,117,984 $702,634 $415,350
2017 $128,739 $1,058,210 $702,634 $355,576
2016 $129,007 $1,000,671 $702,633 $298,038
Source: Public Records

Agents Affiliated with this Home

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