Listing Courtesy of Corcoran Group
$490,000
Potential Rebate: $7,350
A bright studio with open city views from multiple exposures. Located on the top floor of this boutique co-op, the apartment receives an abundance of light from all directions. Located on the back of the building facing North, this apartment is pin-drop quiet. The eat-in kitchen has a separate dining area with sunny northern views of Chelsea. The studio has space for a separate seating area. The modern windowed bathroom has been recently renovated. There is an ongoing assessment for $225.02.<br> <br> 253 West 16th Street is a well-maintained, pre-war elevator building built-in 1929. This co-op features a laundry room, bike room, private storage, and a beautiful lobby with stunning original architectural details with a live-in super. Co-purchasing, gifting, pieds-a-terre, and pets are allowed with board approval. Located on a prime Chelsea tree-lined block, this apartment is conveniently found close to Chelsea Market, Chelsea Piers, the Highline, Whole Foods, Trader Joe's, an abundance of fine restaurants, and all that this lively neighborhood has to offer. You will also have easy access to the A, C, E, L, 1, 2, 3, F, and M subway lines.
$3,457 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$7,350
Monthly savings impact
$20/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%
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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20048035

Compare average listing prices and value metrics for CHELSEA HALL against the surrounding Chelsea market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Chelsea price 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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