The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

161 West 16th Street, Unit 8K

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Gorgeous prewar 1 bedroom, located in the heart of Chelsea! This beautiful, west facing, apartment sits on the 8th floor and features fantastically large rooms including a kitchen with a window onto 7th Avenue. Adjacent to the kitchen is the generously sized living room that has plenty of room for a living, dining and home office area. The bedroom is so large it can fit a king sized bed, dresser and more. Other features include a custom walk in closet, high beamed ceilings, large foyer and hardwood floors to complete this fantastic home!

161 West 16th Street is an incredible full-service coop building that features a restored Art Deco lobby, roof deck with panoramic city views, central laundry and bike storage. The co-op has impeccable financials and the staff is best of the best. Formerly known as the Barneys Building, this building has staff with 24 hour doorman, live-in superintendent, and porter. In the heart of vibrant Chelsea, 161 West 16th Street is easily accessible to transportation, and all that the Chelsea, Greenwich Village, West Village, Union Square and Flatiron neighborhoods have to offer. Pied-a-Terres and gifting are all allowed. Sublets considered after 1 year of ownership and with board approval. Building is pet friendly!

Washer/Dryer is permitted in unit with board approval!

Heat, water, cooking gas and Verizon internet are all included in the maintenance! (Separate $40 charge for Verizon)

There is a 2% flip tax split 50/50 by the buyer and seller at closing



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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