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Perched on one of the highest floors at 161 West 16th Street, this renovated junior one-bedroom is a masterclass in efficient design, infused with the charm of pre-war architecture and utilizing every square foot. Upon entering, you’re immediately drawn to the expansive northeastern skyline views, flooding the space with natural light throughout the day. A classic 9’3” beamed ceiling enhances the sense of openness in the living room, which is thoughtfully designed to accommodate relaxing, dining, and entertaining with ease. Custom millwork and lighting add a refined, architectural touch. The sleeping area comfortably fits a queen-size bed and features extensive built-in storage, maximizing space without compromising style. Adjacent to the living space, the windowed kitchen is designed with efficiency in mind. Outfitted with high-quality appliances—including a Fisher & Paykel range and microwave, Liebherr refrigerator, and Blomberg dishwasher—it delivers both form and function in a sleek, well-organized layout. The Bathroom features a glass-enclosed tub/shower combination, accented by a striking marble feature wall, glass tile surrounds, and a stone-tiled floor. A stylish vanity provides ample storage, ensuring both beauty and practicality. Beyond the apartment’s stunning views, residents can take in panoramic cityscapes from the recently refurbished roof deck, complete with comfortable seating and even an outdoor shower—a rare luxury in Manhattan. Designed by Farrar & Watmough, the architects behind London Terrace, and completed in 1930 by renowned developer Henry Mandel 161 West 16th Street is a distinguished 20-story Art Deco cooperative. With its elegant lobby, full-time door attendant, and resident superintendent, this pet-friendly building offers both service and convenience. The vibrant neighborhoods of Greenwich Village, the West Village, Union Square, and Flatiron are just moments away, putting the best of downtown Manhattan right at your doorstep. Additional amenities include a central laundry facility, basement storage, and bike storage (subject to availability). In-unit washer/dryer installations are permitted with board approval. Guarantors, co-purchasers, and pieds-à-terre are considered on a case-by-case basis. A 2% flip tax is paid by the buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$815,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $652,000 | $652,000 | $652,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.611% | 6.484% | 6.178% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,702 | $4,068 | $5,502 |
Total Monthly Payment | $3,794 | $4,160 | $5,594 |
* 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.