Listing Courtesy of Compass
$1,699,000
Potential Rebate: $25,485
Sun-Filled 2 Bedroom | 2 Bathroom in Chelsea Lane Co-op! This south-facing residence offers an abundance of natural light and an ideal central location near Union Square. The expansive living room and separate dining area are accentuated by recessed lighting and oak hardwood flooring, creating a warm and sophisticated atmosphere throughout. The windowed eat-in kitchen is a chef’s delight—featuring generous counter space, custom cabinetry, and full-sized stainless steel appliances.
The primary bedroom suite easily accommodates a king-size bed and includes an en-suite bathroom along with four closets for ample storage. The second bedroom is equally spacious and versatile—perfect for guests, a home office, or den.
Chelsea Lane Co-op Amenities:
-Full-time doorperson & concierge
-Landscaped viewing garden
-Live-in resident manager
-Connected parking garage (managed by a 3rd party company)
-Bike storage, storage lockers (upon availability, additional cost)
-Co-op allows pets with board approval, co-purchasing, guarantors, parents buying for children, pied-a-terres, and subletting (must reside in apt for 5 years and then 4 years total sublet can be allowed).
Union Square offers unparalleled access to the Union Square Greenmarket, Whole Foods, Trader Joe’s, Eataly, and an array of fine dining and boutique shopping options. Convenient transportation includes subway lines F, M, L, N, Q, R, W, 4, 5, 6, 1, 2, 3, and PATH trains, making commuting effortless across Manhattan and beyond.
2% flip tax is paid by seller.
$10,525 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$25,485
Monthly savings impact
$71/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).
2.5%
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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 #RLS20054606

Compare average listing prices and value metrics for 16 West 16th Street against the surrounding Flatiron market.
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 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.
The market for homes for sale in Flatiron includes sprawling lofts.
The lifestyle in Flatiron is sophisticated.
Flatiron is served by the N/R/W trains.
Madison Square Park is the front yard.
Amenities: Eataly Eataly is a major draw.
Flatiron is best for fashionistas and tech workers.

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