New York (Chelsea), NY, 10011 | $595,000

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.





Features

  • Town: New York
  • Heating: None
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building Inside,None
  • Year Built: 1930
  • Common Charge: $1,425 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Dishwasher
  • MLS#: RLMX-105086
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /prop/RLMX-105086/161w16thstreet_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 Keller Williams NYC   Phone: (212) 301-1140

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Chelsea), NY, 10011

$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 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.