16 West 16th Street #6FN, New York City, NY 10011
Listing Courtesy of Compass
$825,000
Potential Rebate: $12,375
Overview
RENOVATED JR 1 BEDROOM......
Welcome to this bright and spacious alcove studio at the coveted Chelsea Lane, offering the versatility to easily convert into a true one-bedroom (see alternative floor plan to add wall). The home features newly installed wide-plank oak hardwood floors that add warmth and sophistication throughout, complemented by a full wall of windows facing the plush interior courtyard.
The beautifully renovated kitchen is outfitted with stainless steel appliances, sleek cabinetry, and modern finishes, making it both stylish and functional. The tastefully renovated windowed-bathroom continues the contemporary feel with clean lines and quality materials. Custom closets provide smart storage solutions, maximizing every inch of space.
The Chelsea Lane is a highly regarded full-service cooperative just off Fifth Avenue. Residents enjoy a beautifully landscaped courtyard, 24-hour doorman, porters, and a live-in resident manager. Additional amenities include an on-site garage, storage units, and bike storage.
Perfectly situated, you’ll be moments from multiple subway lines, premier shopping, vibrant nightlife, and some of the city’s best dining.
Gifting, Guarantors, Parent buying and Pied-a-terres allowed.
Sublease: Shareholder must live in unit for a total of 5 years before they can sublease. Sublease total is for 4 years.
Pets welcome!
Home Features
- •Common On Floor
- •Common Area
- •Garage
- •Hardwood
Building Amenities
- •Garage
Estimated Monthly Payment
$5,498 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,375
Monthly savings impact
$34/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
223 West 21st Street #1M, New York City, NY 10011
Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20058892
Price Analysis
Compare average listing prices and value metrics for 16 West 16th Street against the surrounding Flatiron market.
Average List Price
Price Per SqFt
26.77% Lower
than the Flatiron price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Flatiron
Overview of Flatiron
Flatiron is named after its iconic building. It is a hub of tech and design. For buyers seeking Flatiron Manhattan real estate, it offers loft living.
Living in Flatiron is central. As a Manhattan NYC neighborhood, it is fashionable.
Real Estate & Housing Market
The market for homes for sale in Flatiron includes sprawling lofts.
Lifestyle & Community
The lifestyle in Flatiron is sophisticated.
Transportation & Accessibility
Flatiron is served by the N/R/W trains.
Parks, Schools & Amenities
Madison Square Park is the front yard.
Amenities: Eataly Eataly is a major draw.
Who This Neighborhood Is Best For
Flatiron is best for fashionistas and tech workers.
