201 W 16th St #7G
Co-op in Chelsea
Off Market

9
Map



$595,000
Stu
1
Bath
–
Half Bath
–
Ft²
–
$/ft²
–
Acres
Gorgeous and sunny mint condition studio in premier Chelsea pre-war
coop.
This stunning jewel box studio in mint condition is light-filled thanks to beautiful east facing casement windows. A large walk-in closet just off the entry foyer provides abundant storage for absolutely everything. The original subway-tile bathroom features an extra-large soaking tub and shower  all in superb condition. Pristine oak hardwood floors throughout, skim coated walls and high beamed ceilings define this elegant and thoughtful layout. Adjacent to the spacious and open sleeping area and living room is a fabulous home office nook which converts to an additional walk-in closet if you so choose. The windowed kitchen...
This stunning jewel box studio in mint condition is light-filled thanks to beautiful east facing casement windows. A large walk-in closet just off the entry foyer provides abundant storage for absolutely everything. The original subway-tile bathroom features an extra-large soaking tub and shower  all in superb condition. Pristine oak hardwood floors throughout, skim coated walls and high beamed ceilings define this elegant and thoughtful layout. Adjacent to the spacious and open sleeping area and living room is a fabulous home office nook which converts to an additional walk-in closet if you so choose. The windowed kitchen...
LISTING AGENT
Building Features
Facilities
Bike RoomStorage AvailableLaundry Room
Laundry
Washer / Dryer Allowed
Services
Part-Time DoormanDoorman
Pet Policy
Dogs Allowed / Cats Allowed
Home Features
View
City View
Exposure
East Exposure
Price History
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$42,000ExpensesPer Year
$15,792Operating ProfitPer Year
$26,208 Cap rate
4.40%Price Estimate
$689,000$600,950$512,900
20232024202520262027
Current Asking Price
$595,000
HopScore Market Price
$600,950
The current asking price is $5,950 below the HopScore market price.
Comparables
Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
---|---|---|---|---|---|
Sold | Coop | Stu | 1 | - | $550,000 $1,325/mo |
Sold | Coop | Stu | 1 | 500 ft² $1,220/ft² | $610,000 $1,509/mo |
Sold | Coop | Stu | 1 | - | $577,777 $1,311/mo |
Sold | Coop | Stu | 1 | - | $500,000 $1,328/mo |
Sold | Coop | Stu | 1 | - | $499,000 $1,453/mo |
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Building Info

Neighborhood
About Chelsea
Sales History
Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
---|---|---|---|---|---|---|---|---|
Stu | 1 | - | $595,000 -/mo | Feb 2, 2023 Withdrawn | - - | - - | - | |
1 | 1 | - | $1,250,000 -/mo | Jan 18, 2023 In Contract | - - | - - | - | |
Stu | 1 | 500 | $679,000 -/mo | May 23, 2022 Sold | Dec 7, 2022 198 days | $610,000
-10.16%
| - | |
Stu | 1 | - | $550,000 $1,325/mo | Mar 18, 2022 Sold | Jun 22, 2022 96 days | $550,000 - | ||
Stu | 1 | - | $573,000 -/mo | Feb 24, 2022 Withdrawn | - - | - - | - | |
2 | 2 | - | $2,249,000 $2,944/mo | Nov 4, 2021 Sold | Apr 5, 2022 152 days | $2,225,000
-1.07%
| ||
Stu | 1 | - | $545,000 $1,311/mo | Oct 20, 2021 Sold | Jan 6, 2022 78 days | $577,777
+6.01%
| ||
Stu | 1 | - | $595,000 $2,024/mo | Sep 8, 2021 Sold | Feb 1, 2022 146 days | $630,000
+5.88%
| ||
Stu | 1 | - | $525,000 $1,453/mo | Sep 8, 2021 Sold | Dec 23, 2021 106 days | $550,000
+4.76%
| ||
1 | 1 | - | $1,325,000 $2,101/mo | Aug 5, 2021 Sold | Jan 5, 2022 153 days | $1,325,000 - |