16 West 16th Street, #8RS, New York (Flatiron District), NY, 10011 | $1,595,000

Welcome to Residence 8RS at the Chelsea Lane-a beautifully renovated, oversized one-bedroom home that''s easily convertible to two bedrooms. With its thoughtful updates, flexible layout, and a large private balcony, this apartment offers the perfect mix of comfort, style, and functionality.

Step inside and you''ll immediately notice how bright and spacious the living area feels, thanks to wall-to-wall south facing windows that let in an abundance of natural light. The open layout is perfect for relaxing or entertaining, and the private balcony is big enough for a dining table-ideal for morning coffee, al fresco meals, or unwinding at sunset.

The kitchen has been completely reimagined with a modern, custom-designed look. You''ll find stone countertops, a large breakfast bar, and sleek modern cabinets, all accented by stylish lighting. Top-of-the-line appliances have been added, including a wine cooler that is integrated into the cabinetry, making this space both functional and beautiful-a dream for anyone who loves to cook.

The king-sized bedroom is a peaceful retreat that features 3 closets total, including a massive walk-in. The bathroom is truly spa-like, and has been gut renovated to match the kitchen styling. Every detail has been carefully chosen to add a touch of luxury to your daily routine.

Living at the Chelsea Lane means you''ll have access to great amenities like a 24-hour doorman, live-in superintendent, laundry facilities, bike storage, and on-site parking. The building has also seen some recent upgrades, including a refreshed lobby, updated hallways, and a modernized mailroom. Pets are welcome, pending board approval.

The location can''t be beat-you''re right in the heart of the Flatiron District, with Union Square, Madison Square Park, and Washington Square Park just a short walk away. You''ll also have easy access to the Union Square Greenmarket, fantastic restaurants, great shopping, and multiple subway lines within a block.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 14
  • Amenities: Bike Room; Garage; Courtyard; Garden; Laundry Room; Common Storage;
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Chelsea Lane
  • Year Built: 1960
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • LobbyAttendant: No
  • OLR#: RPLU1032523289472
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523289472/16west16thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant LLC

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888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16 West 16th Street, #8RS, New York (Flatiron District), NY, 10011

$1,595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,276,000 $1,276,000 $1,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 5.966%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,345 $7,961 $10,682
Total Monthly Payment $7,470 $8,086 $10,807

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.