This gloriously sunlit, spacious prewar charmer is for the buyer who is looking for their special slice of Chelsea. There is plenty of room for both living and dining plus a sleeping alcove fit for a Queen. Ample closet space, high beamed ceilings and oversized windows, a spacious entryway, and hardwood floors check off the boxes. With a bit of love, the windowed kitchen offering amazing views has all you need whether you are a home chef or takeout aficionado. All this plus a peaceful, Zen-like quiet, despite being in the middle of one of Manhattans trendiest neighborhoods. 14F is a pin-drop quiet residence that offers southern views of the city and sky, providing sunny days and evening twinkling lights. Whether a full-time residence or a sweet pied-a-terre, 14F offers the perfect setting to be your Chelsea sanctuary or host an intimate gathering of friends and family.
Formerly known as the Barneys Building, 161 West 16th Street was converted to a co-op in 1990 and is one of most sought-after buildings in Chelsea. 161 West 16th Street is a meticulously maintained, full-service building offering residents a 24-hour door staff and a live-in super. The restored Art Deco lobby greets residents with the style and grace of the classic NYC era. A furnished and landscaped roof deck provides iconic city views, laundry facilities are on premises, and bike storage is available. Pets are welcome!
Located in vibrant Chelsea, known for its thriving arts scene, exclusive restaurants and retail shopping, 161 West 16th Street also provides easy access to The Village, Union Square, Meatpacking, Flatiron, and The Highline. Nearby subway lines 1/2/3/A/C/E/L/M/F plus buses will whisk you away to other NYC destinations with ease.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,288 | $3,207 | $4,049 |
Total Monthly Payment | $3,380 | $3,299 | $4,141 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.