305 West 16th Street, Unit 5A

Chelsea

$699,000
Price
Studio
Beds
1
Bath
454 Sq. Ft.
$1,540 / Sq. Ft.
454
Sq. Ft.
$1,540
per Sq. Ft.

Description

Introducing 305 West 16th Street, Apartment #5A in the heart of Chelsea. This studio offers an ideal blend of comfort, convenience, and investment potential.
This meticulously maintained apartment has a western exposure for excellent natural light and overlooks a large park, with the Dream Hotel & Google headquarters in the background.
With space for sleeping, entertaining and dining, the layout maximizes storage, especially for aspiring chef's with an open kitchen. This is the only apartment in its
...Introducing 305 West 16th Street, Apartment #5A in the heart of Chelsea. This studio offers an ideal blend of comfort, convenience, and investment potential.

This meticulously maintained apartment has a western exposure for excellent natural light and overlooks a large park, with the Dream Hotel & Google headquarters in the background.

With space for sleeping, entertaining and dining, the layout maximizes storage, especially for aspiring chef's with an open kitchen. This is the only apartment in its price-point with an in unit washer/dryer!

There is carbonized bamboo flooring throughout, complemented by a sleek galley kitchen featuring Caesarstone countertops, Bosch appliances, and custom Italian-made Cerused Wenge cabinetry.

Beyond its impeccable interior, this residence presents a lucrative investment opportunity with its unlimited subletting policy from day one (rental potential around $4,250). Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability.

305 West 16th Street feels like a hotel lifestyle. There is a signature scent when you walk in to the welcoming 24-hour doorman, Zen Garden, and fully furnished common roof deck. Every detail exudes sophistication especially the panoramic views stretching from the Empire State Building to Hudson Yards. There is a 24-hour fitness center equipped with state-of-the-art equipment, including a Peloton bike.

Conveniently located near the ACE subway and iconic Chelsea Market, and easily accessible in and out of the city to Brooklyn, New Jersey, and beyond. Discover more about this exceptional opportunity by visiting @DanielleSellsNYC.

Listing Agent

Amenities

  • Doorman
  • Full-Time Doorman
  • City Views
  • Open Views
  • Roof Deck
  • Common Roof Deck
  • Common Outdoor Space
  • Gym

Location

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LISTING UPDATED: 04/02/2024 12:53 PM

Property Details for 305 West 16th Street, Unit 5A

StatusContract Signed
Days on Market21
Taxes-
Maintenance$1,728 / month
Min. Down Pymt25%
Total Rooms1.0
Compass TypeCo-op
MLS TypeCo-Operative
Year Built2008
CountyNew York County

Building

305W16

53 Units7 StoriesBuilt in 2008

Location

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Virtual Tour

Building Information for 305 West 16th Street, Unit 5A

Building/Complex305W16Floor5Stories7Residences53Pet PolicyAllowedYear Built2008Building AgePost-warBuilding TypeMidrise

Payment Calculator

$5,304 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,576

Property Taxes

$0

Maintenance/Common Charges

$1,728

The Payment Calculator is for illustrative purposes only.

Property History for 305 West 16th Street, Unit 5A

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 West 16th Street, Unit 5A

Taxable ValueLand-Additions-Total-
Home Facts
APN1007400030

Schools near 305 West 16th Street, Unit 5A

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 11 William T Harris
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.