New York (Flatiron), NY, 10011 | $1,749,000

Welcome to Apartment 1DS at 16 W 16th Street: an expansive and rarely available floor plan at "The Chelsea Lane". This 2-bedroom, 2-bathroom home easily converts to a 3-bedroom and features its own large private patio facing into the building's peaceful landscaped interior garden. A unique opportunity for a flexible layout, spacious floor plan and private outdoor space in the heart of Flatiron!

Enter 1DS though a wide and comfortable foyer, complete with a full bathroom and two closets for ultimate convenience. The apartment features vast living space, stretching over 46" that's currently divided by glass paneled double French doors to allow for flexible flow - or the easy addition of a third bedroom (see alternate floor plan). A cozy banquet nook is carved into the living space, ideal for reading and relaxing.

Enter the primary bedroom through double French doors and luxuriate in your own sanctuary that easily fits a king-sized bed. Oversized windows face into your private garden/patio - you'll wake up to peaceful, quiet views every morning! The en-suite bathroom/dressing room, enormous WIC and deep double closet complete this ideal primary suite.

This home is anchored by a vast private patio, offering serene space that looks out into the building's landscaped interior courtyard. This quiet oasis is a NYC rarity with plenty of space to satisfy the most avid gardener, or just unwind in your tranquil outdoor living space.

The enormous kitchen offers ample counter and cabinet space sure to satisfy any chef. The second bedroom features south-facing exposures, allowing for beautiful sunlight throughout the day. This floor-through apartment features both north & south exposures and new floors throughout. Don't miss out on this unique one of a kind home, rarely available at The Chelsea Lane!

Situated in the desirable Flatiron district, "The Chelsea Lane" at 16 West 16th Street provides an array of amenities including a 24-hour doorman, live-in super, on-site management, and round-the-clock maintenance staff. On the building's lower level, you'll find laundry facilities, storage, a bike room, and a garage.

"The Chelsea Lane's" prime location offers unparalleled convenience. Just steps away from the Union Square Farmers Market, top-notch Flatiron district eateries, and some of NYC's best shopping, everything you need is within reach. With easy access to all major public transportation, city commuting is a breeze. Experience the quintessential city lifestyle at The Chelsea Lane, where convenience and luxury converge.

Features

  • Town: New York
  • Cooling: Wall Unit(s)
  • Levels: 14
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building None
  • Complex: Chelsea Lane
  • Year Built: 1964
  • Common Charge: $2,004 Monthly
  • Approx Sq. Feet: 1,100
  • View: City
  • Pet Policy: Building Yes,No
  • MLS#: RLS20020162
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/RLS20020162/16w16thstreet_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
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.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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New York (Flatiron), NY, 10011

$1,749,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,399,200 $1,399,200 $1,399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.764% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,055 $8,959 $11,902
Total Monthly Payment $8,180 $9,084 $12,027

* 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.