$519,000
SOLD OCT 4, 2024
-- Bed
1 Bath
-- Sq Ft
$825/mo HOA Fee

Recently Sold

5% Below List Price

153 Days on Market

Highlights

  • Soaking Tub
  • 3-minute walk to 14 Street (F Line)
  • Chandelier
  • Sixth Avenue Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Union Square Park

About This Home

As of October 2024

BETTER THAN RENTING!! Super low maintenance of $825/month!!!!! Pin-drop quiet designer home in the heart of downtown located on 16th Street between 5th and 6th Avenue.

Welcome to The Chelsea Lane at 16th West 16th Street, a charming, renovated coop building in Prime Flatiron/Chelsea right by Union Square with remodeled lobby and hallways. Apartment 3FS is in the South Tower overlooking a beautiful and tranquil garden with northern exposure. This renovated large studio home have been intelligently planned to maximize every square foot.

The beautiful apartment welcomes you with a generous dining foyer and an expansive living room with oversized windows from wall to wall overlooking the peaceful tree filled garden. The living space adjoins a sleeping area which accommodates a queen size bed. Updated bathroom with bathtub/shower and a remodeled kitchen features a gas stove, dishwasher, and full-size refrigerator. There is wonderful storage in this apartment including a walk-in closet and a coat/linen closet. The generous dining area would make a comfortable office space as well for work at home. AC in wall, baseboard heating and parquet wood floors throughout. Laundry room in building.

16th West 16th Coop, also known as the Chelsea Lane, is one of the most coveted full-service cooperatives right off of Fifth Avenue in the heart of Flatiron/Chelsea. The Chelsea Lane is home to 485 apartments, ranging from studios to three-bedroom apartments, located in two buildings which is separated by a lovely planted courtyard with access to 16th and 15th Street.

Amenities includes full time doorman, live-in Superintendent, courtyard, residential lounge, and laundry room. Convenient to all transportation within a block or two: 1, 2, 3, F, M, N, R, Q, W, 4, 5, 6, & L. Walk to Union Square Park, Madison Square Park, Farmer’s market, Eataly, Trader Joes, and Whole Foods. Best shopping at the corner on Fifth Avenue. You can’t find a better central location and well-run building.

This coop allows pets with Board approval, pied-a-terre, co-purchasing, and parents buying for employed children. 80% max financing.

Don’t miss out. Schedule your viewing today!

Last Agent to Sell the Property

Victoria Ye

Compass License #10401267147 Listed on: 02/13/2024

Compass

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1964

Lot Details

  • North Facing Home
  • Garden

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • Chandelier
  • Parquet Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Soaking Tub

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 0029 / 00817

Community Details

Overview

  • 489 Units
  • Flatiron Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1964

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 3
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 14

Interior Features

  • Interior Features: Chandelier, Soaking Tub, Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop
  • Fireplace: No
  • Flooring: Parquet
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Wall Furnace
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 825.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 238.000000x206.500000

Building Info

  • New Construction: No
  • Units: 489
  • Total Stories: 14
  • Year Built: 1964

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00817
  • Tax Lot: 0029

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $519,000 -1.1% --
07/16/2024 07/16/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $525,000 -3.7% --
05/08/2024 05/08/24 Price Changed $545,000 -0.7% --
02/13/2024 02/13/24 For Sale $549,000 0.0% --
04/12/2023 04/12/23 Rented $3,100 -6.1% --
02/27/2023 02/27/23 For Rent $3,300 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10987627

Real Estate Board of New York (REBNY)