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New York (Flatiron), NY, 10011 | $1,450,000
Rare Opportunity at 16 West 16th Street - Combine 6ES + 6FS
A rare opportunity awaits at 16 West 16th Street with the offering of two adjacent residences , 6ES (Alcove Studio) and 6FS (Studio) - presenting a straightforward and highly appealing combination in the heart of Flatiron.
Located directly side-by-side, the apartments can be easily combined by simply opening the shared wall, creating a seamless layout transformation. The result is an easy conversion to a true 2-bedroom, 2-bathroom home, a configuration that is both highly desirable and difficult to find at this price point.
The combined space benefits from two full bathrooms, including one windowed bath, both in excellent condition. The units overlook the building's quiet interior gardens- bringing in natural light while offering a peaceful, private setting. Residence 6ES also features a gorgeous, newly renovated, ultra-chic kitchen that can beautifully anchor the new layout.
Combination opportunities are always rare - but finding one that so easily converts into a functional 2-bedroom, 2-bathroom residence makes this offering especially compelling.
Bring your architect. Bring your imagination. Create something exceptional.
Situated in the desirable Flatiron district, "The Chelsea Lane" at 16 West 16th Street provides an array of amenities including a 24-hour doorman, live-in super, on-site management, and round-the-clock maintenance staff. On the building's lower level, you'll find laundry facilities, storage, a bike room, and a garage.
"The Chelsea Lane's" prime location offers unparalleled convenience. Just steps away from the Union Square Farmers Market, top-notch Flatiron district eateries, and some of NYC's best shopping, everything you need is within reach. With easy access to all major public transportation, city commuting is a breeze. Experience the quintessential city lifestyle at The Chelsea Lane, where convenience and luxury converge.
Capital Assessment: $541. 40/month (temporary, ending February 2027)
Features
- Town: New York
- Cooling: Wall Unit(s)
- Levels: 14
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Building Other
- Complex: Chelsea Lane
- Year Built: 1964
- Common Charge: $2,064 Monthly
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20073734
- Days on Market: 89 days
- Website: https://www.raveis.com
/prop/RLS20073734/16w16thstreet_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 Douglas Elliman Real Estate Phone: (212) 891-7000
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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New York (Flatiron), NY, 10011
$1,450,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,496 | $7,048 | $9,711 |
| Total Monthly Payment | $6,621 | $7,173 | $9,836 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535