Opportunity abounds in this grandly proportioned, impressively elevated corner prewar loft with soaring 13ft ceilings and an abundance of south-western light that streams in via oversized windows. The owners of this surprisingly quiet home have enjoyed it for decades, and now it awaits its next exciting chapter. While located on the second floor, the impressive ceiling height of the retail/entry floor level elevates this floor to around the third floor of regular buildings. Upon entering, you are immediately wowed by the baronial, industrial vaulted ceilings that highlight the dramatic, sheer volume of space. This home is currently configured with a large entry gallery and closet (with a large overhead storage area) that leads to an enormous living/dining area with the kitchen positioned closest to the windows and a bedroom wing to the south. The layout can be easily re-configured to reposition the kitchen if desired. There are two bathrooms, an enormous primary bedroom walk-in closet, and a laundry closet. Ducted central air conditioning is a bonus. 161 West 15th Street is an established co-op, meticulously maintained, with strong financials, a live-in superintendent, full-time porter, bike room, and shared library. The building is conveniently located in the heart of Chelsea, equidistant to Union Square/Flatiron and West Chelsea, with Greenwich Village just one block south. This ultra-convenient location affords access to the best restaurants, retail, and entertainment, including those in the Meatpacking District, just 5 minutes away, and is also home to the New Whitney Museum. The Hudson River Park is close by with easy access to the F, M, L, 1, 2, 3, A, C, and E trains, while the 4, 5, 6, N, Q, R, and W trains are just three blocks away. Please note there is a monthly assessment of $2,782.13. Starting May 1st and lasting for 16 months thru September 2027. The assessment is for structural and waterproofing work to the building’s sidewalk vault, with restoration of the sidewalk above. Images have been virtually staged.