NOT LISTED FOR SALE

125 W 22nd St Unit 8C New York, NY 10011

Chelsea Neighborhood

Estimated Value: $1,495,000 - $1,625,475

1 Bed
1 Bath
1,089 Sq Ft
$1,492/mo HOA Fee

Last Sold July 13, 2022

Last sale price $1,475,500 $1,355 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,269/month

18 Days on Market

Highlights

  • Garden
  • 3-minute walk to 23 Street (1,2 Line)
  • 4-minute walk to Chelsea Green
  • P.S. 11 Sarah J. Garnet School Rated A
  • South Facing Home

About This Home

As of July 2022

STUNNING SOUTH-FACING ONE BEDROOM AT VERDE CHELSEA CONDOMINIUM



Perfectly proportioned and awash in sunlight, this spectacular loft-like one bedroom, one bath residence features a gracious entry foyer preceding a magnificent south-facing living room with a separate dining area and a wall of windows overlooking tree-lined West 22nd Street.



Open to the living room and ideal for entertaining, the chef's kitchen has been beautifully appointed with custom cabinetry, stainless steel appliances including Sub-zero and Bosch and gorgeous quartz countertops with a breakfast bar that seats five. Additional details include a wine fridge, double sinks, garbage disposal, undermount task lighting and a large pantry.



An expansive bedroom with a wall of south-facing windows and a walk-in closet accommodates a king bed and an area for a home office. The large marble bathroom features double vanities, an oversized glass shower stall, a Zuma soaking tub and quartz radiant heat floors.



Additional features of the home include beautiful new wood floors, 9'-2 ceilings, a Bosch washer/dryer, two customized double-closets, electronic gradient and blackout shades and central heat & air conditioning.



If occupied as a primary residence and eligible for the NYC Cooperative and Condominium Abatement, the real estate taxes would be reduced by 17.5% to approx. $1,917/month. Please consult your attorney regarding eligibility.



The Verde Chelsea is a 33-unit boutique condominium located on one of Chelsea's loveliest tree-lined streets. Residents enjoy a host of amenities that include a doorman/concierge, full-time superintendent, landscaped Zen Garden and furnished roof terrace. The property is located near all major subway lines, Whole Foods, Fairway, Trader Joe's, Eataly, Chelsea Market, Union Square, Madison Square Park, West Chelsea Art District, and the High Line Park. The building is pet friendly.

Last Agent to Sell the Property

David Glick

Douglas Elliman Real Estate License #10301217289 Listed on: 05/05/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,888

Year Built

  • Built in 2006

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $1,492 Monthly HOA Fees

Home Design

  • 1,089 Sq Ft Home
  • Entry on the 8th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • 33 Units
  • Verde Chelsea Condos
  • Chelsea Subdivision
  • 17-Story Property

Listing and Financial Details

  • Tax Block 00798

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,888

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,492 per month

Listing Details

  • Cross Street: AVENUE OF THE AMERICAS and 7 AVENUE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1089.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1492.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: VERDE CHELSEA
  • Units: 33
  • Total Stories: 17
  • Year Built: 2006

Tax Info

  • Tax Block: 00798
  • Tax Annual: 27888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 13, 2022
Sold by
Lee Michael Chester
Bought by
Gioluna Llc
Seller's Agent
David Glick
Douglas Elliman Real Estate
List Price
$1,495,000
Sold Price
$1,475,500
Premium/Discount to List
-$19,500
-1.3%
Current Estimated Value
$1,582,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,369
Avg. Annual Appreciation
2.17%
Original Mortgage
$957,125
Outstanding Balance
$911,691
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$671,178

Purchase Details

Closed on
Oct 7, 2010
Sold by
Lowenstein Alexander
Bought by
Lee Michael Chester and Lee Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
123 West 22Nd Street Holding Llc
Bought by
Lowenstein Alexander
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gioluna Llc $1,472,500 --
Lee Michael Chester $1,155,000 --
Lowenstein Alexander $1,140,440 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gioluna Llc $957,125
Previous Owner Lee Michael Chester $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $1,475,500 -1.3% $1,355 / Sq Ft
05/06/2022 05/06/22 For Sale $1,495,000 0.0% $1,373 / Sq Ft
10/06/2020 10/06/20 Rented -- -- --
10/03/2020 10/03/20 Under Contract -- -- --
09/24/2020 09/24/20 For Rent $5,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,706 $243,562 $24,184 $219,378
2024 $29,706 $237,608 $24,184 $213,424
2023 $30,392 $247,758 $24,184 $223,574
2022 $24,123 $260,280 $24,184 $236,096
2021 $28,501 $261,050 $24,184 $236,866
2020 $28,075 $289,019 $24,184 $264,835
2019 $21,875 $282,523 $24,184 $258,339
2018 $20,897 $272,654 $24,184 $248,470
2017 $14,879 $226,520 $24,185 $202,335
2016 $15,088 $227,994 $24,184 $203,810
2015 $4,473 $205,708 $24,184 $181,524
2014 $4,473 $185,590 $24,184 $161,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10898459

Real Estate Board of New York (REBNY)

APN: 0798-1424