16 West 16th Street #11NS, New York City, NY 10011
Listing Courtesy of Yoreevo LLC
$739,000
Potential Rebate: $18,475
Overview
Welcome to this beautifully renovated alcove studio at 16 West 16th Street, The Chelsea Lane!<br><br>Bright, spacious, and pin-drop quiet, this home sits in the heart of downtown.<br><br>The open kitchen is perfect for entertaining, featuring stainless steel appliances (including a dishwasher), granite countertops, and generous cabinet space.<br><br>The sleeping area comfortably fits a queen bed with nightstands, and there are three large closets throughout the apartment.<br><br>Chelsea Lane offers a 24-hour doorman, live-in super, bike room, laundry you can monitor from your phone, a garage with direct building access, storage, and newly renovated lobby and hallways.<br><br>Guarantors, gifting, co-purchasing and pied-a-terres are all allowed subject to board approval. Subletting is allowed for up to four years after living in the apartment for at least five years.<br><br>Youll have endless transportation options with the 4, 5, 6, N, Q, R, W, F, M, L, and PATH trains all within one block, plus the 1, 2, 3, and A, C, E lines not much farther. Whole Foods and Trader Joes are nearby, along with everything Union Square, Flatiron, and Greenwich Village have to offer.<br><br>There is a 2% flip tax paid by the seller. There is a monthly assessment of $314.40 through September 2027 for work on the elevators and facade.<br><br>All dimensions and measurements are approximate. We support Fair Housing.<br><br><br><br><br><br>
Home Features
- •Building Inside
- •Common Area
- •Building Storage
- •Building Courtyard
- •Courtyard
- •Private Outdoor Space Under 60 Sqft
- •Storage
- •Storage
Estimated Monthly Payment
$4,850 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$18,475
Monthly savings impact
$51/mo
Effective Purchase Price
$720,525
(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).
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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. ©2026 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 Yoreevo LLC
Data Source: TRESTLE #RLS20055322
RLS at REBNY
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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. ©2026 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 Yoreevo LLC
Data Source: TRESTLE #RLS20055322
RLS at REBNY
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
23.04% 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.
