NOT LISTED FOR SALE

Estimated Value: $2,103,000 - $2,270,000

2 Beds
2 Baths
1,578 Sq Ft
$2,208/mo HOA Fee

Last Sold May 03, 2021

Last sale price $2,200,000 $1,394 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,511/month

315 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Den
  • P.S. 33 Chelsea Prep Rated A
  • 14,812 Sq Ft lot
  • 3-minute walk to Pinwheel Park

About This Home

As of May 2021

The best unit and layout is now available for the first time since the condominium conversion was completed in 2008. This is the largest residence on the 8th floor measuring 1,578 square feet. Facing due south this sun-flooded 2 bedroom 2 bath plus home office enjoys open views over a row of townhouses with London Terrace in the distance and a large balcony on which to take it all in.

The living room is massive measuring 16' 7” by 30' 2” and provides the homeowner a comfortable lifestyle with an ability to entertain on a grand scale. Ceilings soar to 12' 2” and the floors are a beautiful 5-inch wide plank oak.

A gorgeous glass Schiffini kitchen is open to the living room and appointed with dual Liebherr refrigerators & freezers, a vented Bosch four burner gas cooktop, Bosch oven, Bosch dishwasher and a microwave. Designed for those who like to entertain, this oversized chef's kitchen has an extra-deep breakfast bar, multiple pantries for storage and a garbage disposal. There is a separate Bosch 800 Series washer/dryer.

The master bedroom boasts a large walk-in closet and spa-like en-suite private bath with slate tiling, a rain shower and side-mounted waterspouts. The second bath is oversized and is larger than that which is typically found in current new development and accesses a bath located across the hallway.

The true flexibility that this loft provides is the home office that measures 15' 7” by 9'5”. It can serve as a den or home office. There is an HVAC unit within this space so that a wall could be built to create a 3rd separate sleep space.

Please note that if occupied as a primary residence the real estate taxes would be $1,999.31 per month after taking the NYC Cooperative and Condominium Abatement, if eligible.

Converted from a turn-of-the century 9-story printing house, Loft 25 is now an established full-service pet-friendly luxury condominium with a 24-hour doorman/concierge, live-in super, gym, rear garden courtyard, private screening room and a spectacular 5,000 square foot landscaped roof deck with gorgeous city and river views, an outdoor kitchen, BBQ grill and an outdoor shower. Private caged storage is included with this sale. With the High Line, amazing restaurants, a vibrant arts scene, Chelsea Piers and Hudson River Park all just around the corner, residents of Loft 25 enjoy the best that West Chelsea has to offer. Nearby transportation includes the C, E & 1 Subways and 23rd Street Crosstown Bus.

Last Agent to Sell the Property

Glenn Norrgard

Sothebys International Realty License #30NO0803971 Listed on: 03/02/2020

Sothebys International Realty

Co-Listed By

Michael Wolland

Sothebys International Realty License #10401306233

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,076

Year Built

  • Built in 1912

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $2,208 Monthly HOA Fees

Interior Spaces

  • 1,578 Sq Ft Home
  • Entrance Foyer
  • Den
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Central Air

Community Details

Overview

  • 79 Units
  • Chelsea Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,076

Year Built

Built in 1912

Lot Details

0

HOA Fees

$2,208 per month

Listing Details

  • Exposures: South
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Den, Entrance Foyer, Galley Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1578.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Balcony, Building Roof Deck, Courtyard, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2208.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 14812.0
  • Lot Size Dimensions: 150.0 x 98.75

Building Info

  • New Construction: No
  • Units: 79
  • Total Stories: 9
  • Year Built: 1912

Tax Info

  • Tax Block: 0
  • Tax Annual: 29076.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 29, 2021
Sold by
Bauer Julie
Bought by
Efrat Neer
Seller's Agent
Glenn Norrgard
Sothebys International Realty
List Price
$2,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$550,000
-20%
Current Estimated Value
$2,176,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,291
Avg. Annual Appreciation
-0.24%
Original Mortgage
$1,000,000
Outstanding Balance
$910,093
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,267,049

Purchase Details

Closed on
Aug 11, 2008
Sold by
420 West Investors Llc
Bought by
Bauer Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.4%
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
Efrat Neer $2,200,000 --
Bauer Julie $2,100,000 --
Bauer Julie $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Efrat Neer $1,000,000
Previous Owner Bauer Julie $30,212
Previous Owner Bauer Julie $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $2,200,000 -20.0% $1,394 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
03/02/2020 03/02/20 For Sale $2,750,000 -- $1,743 / 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 $30,413 $244,148 $15,750 $228,398
2024 $30,413 $243,262 $15,750 $227,512
2023 $30,178 $241,387 $15,750 $225,637
2022 $23,959 $239,266 $15,750 $223,516
2021 $29,372 $239,440 $15,750 $223,690
2020 $24,878 $267,577 $15,750 $251,827
2019 $24,259 $249,299 $15,750 $233,549
2018 $28,405 $240,589 $15,750 $224,839
2017 $27,417 $244,818 $15,750 $229,068
2016 $25,939 $243,054 $15,750 $227,304
2015 $15,522 $224,524 $15,750 $208,774
2014 $15,522 $195,836 $15,750 $180,086
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10617631

Real Estate Board of New York (REBNY)

APN: 0722-1075