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305 W 16th Street, Unit PHD, Manhattan, NY 10011

$2,500,000
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Pending
BEDS3 BATHS2 full 1 partial MLS#RLS20059738
STATUSPending PROPERTY TYPEResidential - Condominium SUBDIVISIONChelsea

Property Description

FOR INVESTORS - TENANT IN PLACE UNTIL 8/30/26 Enjoy Chelsea living at its finest in this stunning three-bedroom, two-and-a-half-bathroom penthouse featuring extraordinary light and views, contemporary designer interiors and a private roof deck in an exceptional full-service Chelsea condop.This 1,449-square-foot residence makes a dazzling first impression with carbonized bamboo flooring, tall ceilings and quiet double-pane windows spanning the southern and eastern exposures. A gracious foyer flanked by a coat closet and powder room invites you into the corner great room, where the generous footprint for living and dining areas is wrapped in phenomenal open-sky views. Chefs will love the sleek open kitchen where custom Italian cerused Wenge cabinetry and Caesarstone countertops surround a fleet of upscale appliances, including a Bosch cooktop and oven, a Fisher & Paykel refrigerator and a built-in microwave.The desirable split layout places the owners suite along the southern exposure, where youll enjoy king-size proportions, a walk-in closet and a chic en suite bathroom finished with a large/tub shower, custom Italian-made cabinetry, Roca tile and Grohe fixtures. Two secondary bedrooms offer roomy closets and easy access to a second full bathroom with a rain shower.Head to your magnificent 680-square-foot roof deck for al fresco dining and entertainment alongside views that stretch across Manhattan to the Empire State Building and the super-tall skyscrapers of Midtown.This residence presents a lucrative investment opportunity with its unlimited subletting policy from day one. Whether seeking a primary residence or a high-yield rental asset, this condop offers versatility and profitability.Launched in 2011, 305W16 is a luxury cooperative with condominium rules designed by SLCE Architects and topped by the iconic 35-foot-tall flowerpot sculpture by Robert Buchholz. Residents enjoy 24-hour doorman service, a chic lobby, a package room, a fitness center with a Peloton bike, laundry and a lovely landscaped roof deck, plus storage and bike storage for an additional fee. Investor friendly, subletting, pieds-à-terre and co-purchasing allowed. No flip tax.Located where Chelsea meets the Meatpacking District and West Village, this spectacular home is at the epicenter of Manhattans most exciting neighborhoods. Take in stunning works of art at the Whitney and West Chelseas renowned galleries, or peruse the attractions at Chelsea Market. Enjoy fantastic dining and nightlife in every direction, including Jacks Wife Freida, Elmo, Cafeteria, RH Rooftop and Pastis. Youll find breathtaking waterfront outdoor space at the High Line and 550-acre Hudson River Park, including delightful Little Island Park. Transportation from this centrally located neighborhood is unbeatable with A/C/E, L, 1/2/3, F/M and PATH trains, excellent bus service and CitiBikes all nearbyNOTE: Some photos have been virtually staged

305 W 16th Street, Unit PHD | MLS# RLS20059738

This condo located at 305 W 16th Street, Unit PHD, Manhattan, NY 10011 is currently listed for sale with an asking price of $2,500,000. This property was built in 2008 and has 3 bedrooms and 2 full and 1 partial baths. W 16th Street, Unit PHD is located in the Chelsea subdivision. Search Chelsea real estate on www.joycerealty.com today.

Property Features

Property Type: Residential - Condominium
Heating: Forced Air
Lot Size: 0.32 Acres
Stories: 7.0
Taxes: $0
Year Built: 2008

Amenities

High Ceilings
Recessed Lighting
Walk-In Closet(s)
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Appliances: Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s)
Building Features: Elevator(s)
Days on Site: 231
Flooring: Hardwood
HOA Fee: 5709/ Monthly
Laundry: Building Washer Dryer Install Allowed, Common On Floor, Common Area, In Unit
Lot Dimensions: 138.000000x100.000000
Patio/Porch: Rooftop
Pets Allowed: Building Yes, Cats OK, Dogs OK
Special View Info: City
Units: 53
Window: Double Pane Windows

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: (212) 913-9058

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 6,293.08 per month $5,563.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $729.17 Homeowner's Insurance

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