3 months on rocket

16 W 16th St Unit 4Fs, New York City, NY, 10011

$505,000

Home List Price

$5,997*

Closing Credit

1 Full Bath
Condo

Location

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16 W 16th St Unit 4Fs, New York$505,000

Buyer Closing Credits

$5,997*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1964
CoolingWall Unit(s)
BasementYes
ViewOther
MLS #RPLU-8923080375
StatusActive

About 16 W 16th St Unit 4Fs

<p>Welcome to Apartment 4FS at Chelsea Lane - Your Urban Retreat!</p> <p> <strong>First-Time Home Buyers or Pied- -Terre Seekers</strong></p> <p>As you enter this north-facing space, you'll immediately feel at home. The welcoming foyer leads you into a spacious living area, freshly painted and move-in ready. This versatile space allows you to create a cozy bedroom area while still enjoying a comfortable living/dining area for entertaining.</p> <p> <strong>Key Features:</strong></p> <ul> <li> <strong>Flexible Living Space:</strong> The open layout provides ample space to customize your living and bedroom areas. A hidden gem, the Murphy bed allows for a true living, dining, and entertaining space, maximizing the apartment's functionality. </li><li> <strong>Kitchen:</strong> Featuring all-white appliances and solid wood cabinetry, the kitchen is for creating gourmet meals. If you prefer an open floor plan, the wall can easily be opened up, allowing you to chat with guests while cooking. </li><li> <strong>Peaceful Views:</strong> 4FS overlooks a beautiful atrium garden lined with trees, offering a serene and peaceful view from your window. </li></ul> <p> <strong>Building Amenities:</strong></p> <ul> <li> <strong>24-Hour Doorman & Onsite Resident Manager:</strong> Enjoy the convenience and security of a full-service building. </li><li> <strong>Bike Room:</strong> Storage for your bike. </li><li> <strong>Tech-Friendly Laundry Room:</strong> The laundry facilities are equipped with machines that can be connected to your mobile device, notifying you when machines are available and when your laundry is done. </li><li> <strong>Building Link System:</strong> Receive alerts for dry cleaning and package deliveries directly to your smartphone. </li></ul> <p> <strong>Sublet Policies: </strong></p> <p>Subletting is permitted after five years of residency, with a sublease period of two years.</p> <p>Chelsea Lane is known for its low maintenance fees and flexible purchasing options, including co-purchasing, parents buying, guarantors, and gifting.The building is pet-friendly (upon approval) and allows pied--terres. Subletting is permitted after five years of residency, with a sublease period of four years.Full financial disclosure and board approval is needed, with up to 80 percent financing available.</p> <p> <strong>Prime Location:</strong></p> <p> <strong>Incredible location just a block away from Union Square Green Market. Ideally located by all major transportation: access by (4,5,6, N, R, Q, L, W, F, V,1,2,3, & PATH trains) Easy access to Citi Bikes available on the northeast corner of 16th and 5th Avenues. SHOWN BY APPOINTMENT ONLY! </strong> <strong></strong></p>

Property Details

Property Features

Property Information:

  • Year Built: 1964

Listing Office:

  • Office Name: Coldwell Banker Warburg
  • Office Phone: (212) 439-4500
  • Listing Agent: Alan Levy
  • Agent Phone: (917) 742-6743

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Building Courtyard, None

Virtual/3D Tour

  • Virtual Tour: 16 W 16th St Unit 4Fs
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Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $505,000

HOA Fees:

  • Amount: $843
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

16 W 16th St Unit 4Fs vs New York

98 DAYS ON ROCKET

+14 Days

$505,000

-$351.1K Less

KEY TAKEAWAY

This property is $351.1K 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-8923080375

Listing Office:

  • Office Name: Coldwell Banker Warburg
  • Office Phone: (212) 439-4500
  • Listing Agent: Alan Levy
  • Agent Phone: (917) 742-6743

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: 11/21/2024, 6:20:50 PM 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

$3,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,581

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-385229
7
/10
  • Sixth Avenue Elementary School

  • 64 W 17th St

  • 0.16 miles

  • Public District Grades PK-3

school-card-donut-385230
9
/10
  • P.S. 41 Greenwich Village School

  • 116 W 11th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-385231
9
/10
  • P.S. 40 Augustus Saint-Gaudens School

  • 320 E 20th St

  • 0.61 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. Residents of New York, NY typically earn $200k+ each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 W 16th St Unit 4Fs

What is the listing price of this property?

The listing price of 16 W 16th St Unit 4Fs property is $505,000.

What type of property is this?

The property 16 W 16th St Unit 4Fs is a condo located in New York City, New York, 10011.

Is this property for sale now?

Active Listing: 16 W 16th St Unit 4Fs is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16 W 16th St Unit 4Fs has 1 bathroom..

Which year was this property built?

The year of construction for 16 W 16th St Unit 4Fs is 1964.

Rocket HomesNew YorkNew York1001116 W 16th St Unit 4Fs

This home is located at 16 W 16th St Unit 4Fs 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 August 15, 2024 and is currently priced at $505,000.

While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and more than 833 were sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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