NOT LISTED FOR SALE

224 W 18th St Unit 5B New York, NY 10011

Chelsea Neighborhood

Estimated Value: $1,277,000 - $1,664,000

1 Bed
2 Baths
1,196 Sq Ft
$1,220/mo HOA Fee

Last Sold July 19, 2019

Last sale price $1,580,000 $1,321 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,993/month

215 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to 18 Street
  • Den
  • P.S. 11 Sarah J. Garnet School Rated A
  • 9,746 Sq Ft lot
  • 4-minute walk to Dr. Gertrude B. Kelly Playground

About This Home

As of July 2019

BOUTIQUE RENOVATED CHELSEA CONDO - PRICED TO SELL!!!

Move right into this designer loft-style condo on the best block in Chelsea. This large one bedroom plus a generous guest room and two full bathrooms is artfully designed to maximize entertaining space and privacy with a split bedroom layout.

Facing south, Apartment 5B is bright, spacious and quiet. The thoughtful layout lends itself to a proper foyer, and the heart of the home is an oversized living and dining room which comfortably accommodates dining for ten. The renovated, contemporary kitchen features Poggenpohl cabinetry, new stainless-steel appliances, in-sink disposal, granite counters and an island with breakfast bar and 36-bottle Marvel wine chiller.

The large master bedroom suite easily accommodates a king bed, has a custom walk in closet and a renovated en-suite bathroom finished in marble and with a glass stall shower. On the opposite end of the home and through the corridor is an oversized guest bedroom with a custom closet and the second full bath nearby.

Custom lighting, hardwood floors, a washer/dryer and smart storage solutions complete this south facing, private & well designed home.

224 West 18th St. is a boutique luxury condominium in the heart of Chelsea with recently renovated hallways and lobby ($116/mo assessment for renovation costs). Subways, restaurants, shops, entertainment and local conveniences like Whole Foods, Trader Joe's, fitness studios, the High Line Park and Chelsea Market are within a few blocks in this energetic and vibrant neighborhood. A fully equipped gym, common garden, planted roof deck and staff (24-hour doorman, porters and a dedicated super) ensure all your needs are met.

Last Agent to Sell the Property

Katherine Salyi

Sothebys International Realty License #10301212065 Listed on: 09/26/2018

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,376

Year Built

  • Built in 2003

Lot Details

  • South Facing Home

HOA Fees

  • $1,220 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,196 Sq Ft Home
  • Den

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Community Details

Overview

  • 31 Units
  • Chelsea Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,376

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,220 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Den
  • Living Area: 1196.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1220.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 9746.0
  • Lot Size Dimensions: 34.69 x 142.5

Building Info

  • New Construction: No
  • Units: 31
  • Total Stories: 12
  • Year Built: 2003

Tax Info

  • Tax Block: 0
  • Tax Annual: 14376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Jul 18, 2019
Sold by
Palmeri Frank and % : Mazu International
Bought by
Love Nicole
Seller's Agent
Katherine Salyi
Sothebys International Realty
List Price
$1,850,000
Sold Price
$1,580,000
Premium/Discount to List
-$270,000
-14.59%
Current Estimated Value
$1,524,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,904
Avg. Annual Appreciation
-0.57%
Original Mortgage
$1,421,842
Outstanding Balance
$1,245,147
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,949

Purchase Details

Closed on
Jun 27, 2003
Sold by
224 W 18Th Street Llc
Bought by
Palmeri Frank
Source: Public Records

Range of Values:

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Average Value
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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
Love Nicole $1,580,000 --
Palmeri Frank $764,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Nicole $1,421,842
Closed Palmeri Frank $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $1,580,000 -14.6% $1,321 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
09/26/2018 09/26/18 For Sale $1,850,000 -- $1,547 / Sq Ft
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 $20,605 $167,473 $17,064 $150,409
2024 $20,605 $164,814 $17,064 $147,750
2023 $19,352 $157,753 $17,064 $140,689
2022 $15,664 $165,196 $17,064 $148,132
2021 $18,618 $164,700 $17,064 $147,636
2020 $15,382 $182,403 $17,064 $165,339
2019 $15,773 $184,737 $17,064 $167,673
2018 $17,423 $178,282 $17,064 $161,218
2017 $16,435 $146,636 $17,064 $129,572
2016 $15,737 $147,388 $17,064 $130,324
2015 $8,114 $123,921 $17,064 $106,857
2014 $8,114 $120,642 $17,064 $103,578
Source: Public Records

Agents Affiliated with this Home

  • Katherine Salyi

    Seller's Agent in 2019

    Katherine Salyi

    Sothebys International Realty

    (212) 365-0927

    2 in this area

    8 Total Sales

    Katherine Salyi
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10578470

Real Estate Board of New York (REBNY)

APN: 0767-1317

New York New York County New York 10011 Chelsea

224 W 18th St Unit 5B, New York, NY

This home is located at 224 W 18th St Unit 5B, New York, NY 10011 since 26 September 2018 and is currently estimated at $1,524,096, approximately $1,274 per square foot. This property was built in 2003. 224 W 18th St Unit 5B is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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