NOT LISTED FOR SALE

Estimated Value: $2,405,000 - $5,583,000

4 Beds
4 Baths
3,128 Sq Ft
$3,728/mo HOA Fee

Last Sold December 11, 2019

Last sale price $4,820,000 $1,541 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $30,971/month

278 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • 2-minute walk to Chelsea Park
  • P.S. 33 Chelsea Prep Rated A

About This Home

As of December 2019

Welcome to Penthouse-C at The Heywood, an open, bright, and beautifully designed duplex loft in the heart of West Chelsea. This unique home features 3 bedrooms, 4 FULL bathrooms and an additional den with pocket doors that can serve as a 4th bedroom/guest-room. With over 3,100 square feet of interior space, the apartment is complete with an additional 1,089 square feet of private roof-top space accessed from a double height solarium foyer, with soaring views of West Manhattan & Hudson Yards. The primary living space features tremendous windows, boasting natural light throughout the day, 12'5 foot beamed ceilings, a wood burning fire-place, a separate dining area, and the ability to separate the Den from the living space with a sliding door. The corner Master Bedroom, features a gracious en-suite bathroom, as well as unobstructed Northern and Eastern exposures. Each bedroom is complete with an en-suite bathroom. Upstairs features a remarkable row of skylight windows, a large media room, and an additional kitchenette with built in cabinetry. Through glass French doors is a stunning split level private terrace, with a built-in irrigation system, and panoramic views - a perfect space for year round entertaining! The second floor is complete with additional bedroom and office space as well.The Heywood is a building with an elaborate history. Built in the early 1910's, it housed commercial printing businesses until its conversion to condominiums during 2005-2006. Because the Heywood was constructed as commercial space housing substantial equipment, the architectural details of the loft building are grand, including thick concrete between each floor, and soaring 12.5 foot ceilings and 8 foot windows. Unobstructed views flood the residences with sunlight, many of which have Empire State Building views. World-renowned interior designer Shamir Shah created residences of the highestquality with timeless design and generous proportions.

Last Agent to Sell the Property

Devin Leahy

Douglas Elliman Real Estate License #10301215881 Listed on: 01/23/2019

Douglas Elliman Real Estate

Co-Listed By

Ariel Sassoon

Serhant License #10301215848

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,976

Year Built

  • Built in 1913

HOA Fees

  • $3,728 Monthly HOA Fees

Home Design

  • 3,128 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Community Details

  • 50 Units
  • The Heywood Condos
  • Chelsea Subdivision
  • 10-Story Property

Listing and Financial Details

  • Tax Block 723

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,976

Year Built

Built in 1913

Lot Details

0

HOA Fees

$3,728 per month

Listing Details

  • Cross Street: West 25th & 26th Streets
  • Exposures: North,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: CHELSEA
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3128.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3728.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Heywood
  • Units: 50
  • Total Stories: 10
  • Year Built: 1913

Tax Info

  • Tax Block: 723
  • Tax Annual: 47976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
Demaio Danielle and Paskin Michael
Bought by
Bennett Donald Scott and Rodriguez Natalia
Current Estimated Value
$4,128,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,750,000
Outstanding Balance
$4,613,578
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,008

Purchase Details

Listed on
Jan 23, 2019
Closed on
Dec 11, 2019
Sold by
Gilo Shamaya and Shamaya Gilo Trustee Or Successor In T
Bought by
Demaio Danielle and Paskin Michael
Seller's Agent
Devin Leahy
Douglas Elliman Real Estate
List Price
$6,500,000
Sold Price
$4,820,000
Premium/Discount to List
-$1,680,000
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%
Original Mortgage
$3,856,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Heywood Realty Llc and % H Justin Realty Services Llc
Bought by
Gilo Shamaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bennett Donald Scott $5,375,000 --
Demaio Danielle $4,820,000 --
Gilo Shamaya $3,700,000 --
Gilo Shamaya $3,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Donald Scott $4,750,000
Previous Owner Demaio Danielle $3,856,000
Previous Owner Gilo Trustee Shamaya $761,233
Previous Owner Gilo Shamaya $2,000,000
Previous Owner Gilo Shamaya $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $4,820,000 -25.8% $1,541 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $6,500,000 0.0% $2,078 / Sq Ft
02/21/2017 02/21/17 Rented -- -- --
01/22/2017 01/22/17 Under Contract -- -- --
06/06/2016 06/06/16 For Rent $30,000 -- --
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 $59,065 $485,575 $22,428 $463,147
2024 $59,065 $472,445 $22,428 $450,017
2023 $46,926 $475,102 $22,428 $452,674
2022 $44,117 $438,206 $22,428 $415,778
2021 $53,755 $438,206 $22,428 $415,778
2020 $46,745 $485,363 $22,428 $462,935
2019 $54,816 $474,459 $22,428 $452,031
2018 $52,426 $457,879 $22,429 $435,450
2017 $49,699 $433,148 $22,428 $410,720
2016 $51,178 $491,078 $22,429 $468,649
2015 $20,486 $434,928 $22,429 $412,499
2014 $20,486 $391,159 $22,429 $368,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10574495

Real Estate Board of New York (REBNY)

APN: 0723-1048