UNBEATABLE LOCATION! Welcome to 16 West 16th Street, Unit 6MS. Discover a serene, spacious studio in the highly sought-after Chelsea Lane, located just off Fifth Avenue at the intersection of Chelsea, Union Square, and Greenwich Village. This apartment offers unparalleled convenience and comfort. This studio comfortably accommodates a queen bed with space for nightstands, a sofa, TV, closets, a dining table near the kitchen, and additional furniture. Both the kitchen and the bathroom have been fully renovated. The kitchen opens into the living space with custom cabinets, a VIKING stove, and stainless-steel countertops. There's a breakfast nook perfect for morning coffee, working on your laptop, or meal prep. The bathroom features custom tile work and a storage cabinet. An oversized window with custom blinds treatment overlooks a private landscaped garden, providing tranquility amidst the city's hustle and bustle. A large closet is located off the apartment entrance. The Chelsea Lane is a full-service building featuring 24/7 doormen, a live-in super, an onsite property manager, laundry facilities, and a bike room. There is also a garage available for an additional fee. The hallways and lobby have just been renovated. Located on a one-way street, it's just a couple of blocks from several major subway lines, Union Square, the Farmer’s Market, Whole Foods, Trader Joe’s, and all the finest dining and shopping Chelsea, Union Square, and Greenwich Village have to offer. 16 West 16th Street, Unit 6MS is available either FURNISHED, SEMI-FURNISHED, or UNFURNISHED. Lease Terms: 2 years only. Move-in Date: approximately October 1 Pet Policy: Sorry, no pets! Viewings: Shown by appointment only.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,000 | $3,000 | $3,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $18 | $18 | $24 |
Total Monthly Payment | $93 | $93 | $99 |
* 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.