250 West 16th Street, #1F, New York (Chelsea), NY, 10011 | $925,000

Enjoy tranquil, tree-top views from this impressive, second floor one bedroom, one bathroom home in the heart of Chelsea. This special apartment has windows in everyone room, oak hardwood floors, through-wall a/c and high ceilings.

The spacious living room boasts an exposed brick accent wall, decorative fireplace, views over quaint 16th Street and space for a home office. With a massive walk-in closet and coat/pantry closet, the entry foyer opens to a dining area easily accommodating seating for six. Renovated and fully equipped, the windowed kitchen has stainless steel appliances, endless storage, quartz countertops, under counter lighting and a breakfast bar. The bedroom easily accommodates a king-size bed and a seating area. The oversized, retro windowed bathroom is truly charming.

Live at the nexus of Chelsea and the West Village. The Highline, Chelsea Piers, the Whitney Museum, Hudson River Park, Little Island, Chelsea Market, Union Square, and countless restaurants and shops could not be closer. Public transit lines A, C, E, and L are on the corner; 1, 2, 3 are a few blocks away.

Originally built in 1933 and converted to a cooperative in 1978, 250 West 16th Street is a pre-war, boutique 45-unit coop. The elevator and pet-friendly building has recently updated its lobby, hallways, and facade. Amenities include a live-in super, central laundry, bike room, package room, and video intercom. Pied-à-terre, parental co-purchasing and gifting are allowed.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Year Built: 1930
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Video Intercom
  • OLR#: RPLU33423319414
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RPLU33423319414/250west16thstreet_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 Corcoran Group

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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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250 West 16th Street, #1F, New York (Chelsea), NY, 10011

$925,000

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 $740,000 $740,000 $740,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.597% 6.158%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,377 $4,677 $6,245
Total Monthly Payment $4,469 $4,769 $6,337

* 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.