Listing Courtesy of Eastpointe Residential Inc
$500,000
Potential Rebate: $7,500
<p>Residence 816 at The Kensington House </p> <p>One of the largest and most spacious studio apartments at The Kensington, Apartment 816 beautifully combines classic prewar elegance with modern comforts. This oversized studio features original architectural details, high ceilings, and a dramatic sunken living room, creating a grand and inviting space. A separate dressing room with custom storage and built-ins enhances functionality, while the gorgeous solid oak flooring with Mahogany inlay adds timeless sophistication.</p> <p>The welcoming open foyer provides flexibility to accommodate a dining area or home office setup. A bright, windowed kitchen offers abundant counter space and is equipped with a dishwasher, making it perfect for both everyday living and entertaining. The bathroom features a recently updated pedestal sink. Southern exposure floods the apartment with natural light throughout the day, framing stunning open views of the city skyline, including the iconic One World Trade Center.</p> <p>Designed by renowned architect Emory Roth, The Kensington is a prewar Art Deco gem reimagined for modern living. Located in the heart of Chelsea, the building offers residents a full-service experience with a 24-hour attended lobby, live-in superintendent, laundry room, package room, and a beautifully landscaped roof deck with panoramic views, including the Empire State Building.</p> <p>Enjoy unparalleled convenience with nearby shopping destinations like Whole Foods, Trader Joe's, and Eataly, plus easy access to all major subway lines. The co-op offers flexibility with unlimited subletting after three years, and permits pied-à-terres and gifting. (Please note: co-purchasing, purchasing by parents, and guarantors are not allowed.)</p>
$4,087 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$7,500
Monthly savings impact
$21/mo
Effective Purchase Price
$492,500
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Eastpointe Residential Inc
Data Source: TRESTLE #RLS20064519

Compare average listing prices and value metrics for Kensington House against the surrounding Chelsea market.
than the Chelsea 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.
Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.
\nA mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.
\nVibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.
\nC/E, 1, and F/M trains serve the area. Penn Station is at the northern border.
\nThe High Line is the crown jewel. Chelsea Piers offers massive sports facilities.
\nBest for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

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