161 W 16th Street #5C

Co-op in Chelsea
Off Market
 for Sale at 161 West 16th Street, New York, NY 10011

13

 for Sale at 161 West 16th Street, New York, NY 10011
 for Sale at 161 West 16th Street, New York, NY 10011
 for Sale at 161 West 16th Street, New York, NY 10011
$765,000
1
Bed
1
Bath
–
Half Bath
–
Ft²
–
$/ft²
–
Acres
Cap Rate
Est. Monthly
Cap Rate
6.42%
Est. Monthly
$5,060
The OPPORTUNITY to move into this fully renovated 1 bedroom apartment in a beautiful Chelsea neighborhood is now available and even offers extra space for a playroom or office.

Known as the 'Barney's Building,' the flagship location for Barney's New York, this full service elevator building includes a 24/7 doorman, laundry room, bike room, and a STUNNING landscaped rooftop that's ideal for maximum relaxation or a summer's evening with friends offering 360 degree views.

This unit offers an updated kitchen that includes a Fisher Paykel refrigerator with external water filter and ice maker along with a dishwasher. It also showcases a gorgeously restored bathroom with original tiles, marble vanity, full length windows with automated sheer blinds and Mazama premier wide...

LISTING AGENTS

Matt Bajek
Matt BajekNest Seekers International[email protected]
Paul Cibrano
Paul CibranoNest Seekers International[email protected]

Building Features

Ownership & Occupancy

Sublets AllowedPied-à-Terre Allowed

Facilities

Bike RoomLaundry RoomStorage Available

Outdoor Space

Roof DeckTerrace

Laundry

Washer / Dryer Allowed

Home Features

HVAC

Wall Units

Exposure

North Exposure

Price History

Date/EventEventPrice
May 11, 2023 No longer availableNo longer available-
Mar 25, 2023 Listed by Nest Seekers LLCListed by Nest Seekers LLC$765,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$64,740
ExpensesPer Year
$15,648
Operating ProfitPer Year
$49,092
Cap rate
6.42%

Price Estimate

$886,000$772,650$659,300
20232024202520262027
Current Asking Price

$765,000

HopScore Market Price

$772,650

The current asking price is $7,650 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Coop
1
1
-
$740,000
$1,419/mo
Sold
Coop
1
1
-
$740,000
$1,249/mo
Sold
Coop
1
1
-
$795,000
$1,561/mo
Sold
Coop
1
1
550 ft²
$1,269/ft²
$698,000
$1,090.24/mo
Sold
Coop
1
1
550 ft²
$1,271/ft²
$699,000
$1,148/mo

Payment Calculator


Building Info

Barney Building161 West 16th Street, New York, NY 10011
  • 156 Units
  • 1 Unit for Sale
More about this Building
161 West 16th Street
Want to find out who owns 161 West 16th Street, New York, NY 10011? Get detailed property transactions here .

Neighborhood

About Chelsea

Stats & Trends

The median asking price in Chelsea is $1,195,000.
  • Median Asking

    $1,195,000
  • Sale Price/ft²

    $1,588.29
  • Above Asking

    0.56%
  • Days on Market

    112

Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2
-
$1,625,000
-/mo
May 5, 2023
Active
-
-
-
-
1
1
-
$765,000
-/mo
Mar 25, 2023
-
-
-
-
-
-
Stu
1
-
$750,000
-/mo
Mar 19, 2023
-
-
-
-
-
-
10A
Stu
1
-
$805,000
-/mo
Sep 28, 2022
-
-
-
-
-
-
1
1
-
$1,395,000
-/mo
Sep 15, 2022
Sold
Dec 1, 2022
77 days
$1,395,000
-
-
5B
Stu
1
-
$525,000
$1,304/mo
Sep 6, 2022
-
-
-
-
-
Stu
1
-
$855,000
-/mo
Aug 1, 2022
Sold
Apr 14, 2023
256 days
$789,000
-7.72%
-
Stu
1
-
$765,000
-/mo
Jun 2, 2022
Sold
Jan 23, 2023
235 days
$720,000
-5.88%
-
1
1
-
$750,000
$1,419/mo
May 4, 2022
Sold
Aug 12, 2022
100 days
$740,000
-1.33%
1
1
-
$725,000
$1,343/mo
May 2, 2022
Sold
Aug 18, 2022
108 days
$805,000
+11.03%

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