16 West 16th Street #10FS, New York City, NY 10011
Listing Courtesy of Compass
$440,000
Potential Rebate: $6,600
Overview
Welcome to Apartment 10FS at The Chelsea Lane—a pin-drop quiet, oversized studio overlooking a lush courtyard in the heart of Flatiron/Chelsea, just off Fifth Avenue and one block from Union Square.
Freshly painted and move-in ready, the north-facing home is extremely functional and has plenty of closet space, and a long layout that can accomodate your sleeping, entertaining, and dining furniture. The kitchen wall can easily be opened up if you wanted to add a breakfast bar.
The Chelsea Lane is a coveted full-service co-op featuring a 24-hour doorman, live-in superintendent, remodeled lobby, tech-friendly laundry room, and a beautifully landscaped viewing-courtyard.
Pied-à-terres, co-purchasing, gifting, and parents buying for children are allowed, and pets are welcome upon board approval. Located near multiple subway lines, Union Square Park, Trader Joe’s, Whole Foods, and countless dining options, it offers unmatched convenience for an unbeatable downtown lifestyle.
Home Features
- •Common On Floor
- •Common Area
- •Garage
- •Hardwood
Building Amenities
- •Garage
Estimated Monthly Payment
$3,344 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$6,600
Monthly savings impact
$18/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).
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Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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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 #RLS11026697
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.
