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A rare opportunity to own 54 West 16th Street’s most coveted and largest line, Residence 9B is an exceptional corner two-bedroom, two-bath home offering a remarkable sense of scale, light, and openness in the Chelsea/Flatiron area. The B line is among the building’s most sought-after, with limited turnover over time. Bathed in streaming sunlight from its western exposures, the apartment showcases wide-open city views. The expansive living area, stretching nearly 31 feet in length, creates a dramatic and flexible setting for both everyday living and entertaining. A large, separate dining area further enhances the apartment’s impressive scale. The windowed kitchen is well-appointed with stainless steel appliances, granite countertops, and abundant cabinetry, ideally positioned adjacent to the dining area for seamless flow. Both bedrooms are exceptionally large - another defining feature of the B line - and are set apart from the main living area, offering quiet, comfortable retreats with excellent closet space. The primary bedroom features double exposures along with an en-suite bath, while a second full bathroom serves the home, both in excellent condition. With its corner positioning, oversized footprint, open views and abundant natural light, Residence 9B represents a truly compelling offering in one of Chelsea/Flatiron’s most established cooperative buildings. The Greenwich House at 54 West 16th Street is a meticulously well-run co-op with two commercial tenants generating additional income for the building. Amenities include: Part-time doorman, live-in super, laundry room, bike room, private storage, garage and a fantastic roof deck with open city views. The building’s location simply cannot be beat, as nearly every subway line is within a one to two block radius: F, M, 1, 2, 3, A, C, E, N, R, Q, W, 4, 5, 6, L and Path train. Enjoy all of the amazing restaurants, markets, shops, and cultural institutions nearby including: Union Square Park, Union Square Farmer’s Market, Whole Foods, Trader Joe’s, The Rubin Museum, and more. Gifting, co-purchases and pied-a-terre use allowed. Pets allowed. Assessment of $144. 16/month thru January 2028. 1. 5% flip tax paid by seller.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$1,575,000
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
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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 | $1,260,000 | $1,260,000 | $1,260,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,056 | $7,656 | $10,548 |
| Total Monthly Payment | $7,181 | $7,781 | $10,673 |
* 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.