NOT LISTED FOR SALE
1 Bed
1 Bath
-- Sq Ft
$1,026/mo HOA Fee

Last Sold March 15, 2024

Last sale price $700,000

41 Days on Market

Highlights

  • 45,223 Sq Ft lot
  • 3-minute walk to 14 Street (F Line)
  • Laundry Room
  • Sixth Avenue Elementary School Rated A
  • Courtyard
  • 4-minute walk to Union Square Park

About This Home

As of March 2024

MOTIVATED SELLER:

Welcome home:

Apartment 5RN, an urban oasis in one of the most convenient locations in Manhattan! The Chelsea Lane, located at 16 West 16th Street, is a full service co-op building recognized for its 24/7 doorman and remarkably low monthly maintenance.

This sunny and tranquil south facing corner unit with multiple closets overlooks a quiet courtyard and invites you into a space designed for easy living and effortless entertaining.

The original layout has been reimagined with an open kitchen, creating a great room while still providing defined areas for meal prep, dining and living.

The modern kitchen features a large pantry cabinet and all stainless appliances including a built-in microwave, GE refrigerator with ice-maker, and a Miele dishwasher.

Whether rolling out pastry dough, dining alone, or setting up a buffet meal for a group of friends, you will enjoy the convenience of the large granite island on a daily basis.

The bedroom can accommodate a queen bed plus nightstand and dresser and provides an additional closet for both clothing and linens.

The updated bathroom features a spa-like shower, classic subway tiles, and - big bonus - a window allowing for cross breeze ventilation!

This pet-friendly haven, subject to board approval, is also pied-à-terre, and guarantor friendly.

Subletting is permitted after five years of ownership, for a total of four years.

Experience the convenience of the innovative laundry system, allowing you to remotely select your washer and dryer via a mobile app. Receive timely alerts via text when your laundry is complete, adding a touch of modern ease to your daily routine.

The building's renovated lobby and hallways welcome you with a fresh, contemporary aesthetic, setting the tone for a new chapter in homeowner comfort.

Located just a block away from Union Square Greenmarket, Whole Foods, Trader Joe’s, and the vibrant 5th Avenue shopping and restaurant scene, this residence ensures you're at the center of it all.

Enjoy seamless access to major transportation hubs, with nearby subway and train options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains), as well as Citi Bikes stationed conveniently at the northeast corner of 5th Avenue and 16th Street. Discover the epitome of urban living at Apartment 5RN—a harmonious blend of modern convenience, sophisticated design, and prime location in the vibrant heart of 16 West 16th Street.

***

Last Agent to Sell the Property

Alan Levy

Coldwell Banker Warburg License #40LE1154197 Listed on: 11/02/2023

Coldwell Banker Warburg

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1960

Lot Details

  • 1.04 Acre Lot
  • South Facing Home

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • Storage
  • Laundry Room
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Courtyard

Listing and Financial Details

  • Legal Lot and Block 0029 / 00817

Community Details

Overview

  • 470 Units
  • High-Rise Condominium
  • 16 West 16Th Chelsea Lane Condos
  • Flatiron Subdivision
  • 14-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,026 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 14

Interior Features

  • Interior Features: Elevator, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Direction Faces: South
  • Exterior Features: Building Courtyard, Courtyard
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1026.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 45223.0
  • Lot Size Dimensions: 238.0 x 206.5

Building Info

  • New Construction: No
  • Building Name: 16 West 16th Chelsea Lane
  • Units: 470
  • Total Stories: 14
  • Year Built: 1960

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 00817
  • Tax Lot: 0029

Range of Values:

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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
03/15/2024 03/15/24 Sold $700,000 -1.4% --
12/15/2023 12/15/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $710,000 -- --
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: RLS10940625

Real Estate Board of New York (REBNY)