NOT LISTED FOR SALE

Estimated Value: $1,689,000 - $1,854,000

2 Beds
2 Baths
1,257 Sq Ft
$1,729/mo HOA Fee

Last Sold May 09, 2022

Last sale price $1,737,500 $1,382 Per Sq Ft

Current estimated payment $13,325/month

10 Days on Market

Highlights

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

About This Home

As of May 2022

The BEST UNIT is now available for the first time since the condominium conversion was completed in 2008. Located on the south and west corner of the 8th floor, this 2 bedroom 2 bath loft measures 1,257 square feet. This sun-flooded residence enjoys open views through 9 windows over a row of townhouses with London Terrace to the south and the West Chelsea skyline to the west.

This home epitomizes loft-style living offering an ability to entertain on a grand scale. The open plan living / dining room is massive measuring 12' 1” x 32' 4” and provides the homeowner a comfortable lifestyle. Ceilings soar to 11' 10” and the floors are a beautiful 5-inch-wide plank oak. A number of upgrades to the loft include LED lighting throughout with Lutron Grafik dimmers, motorized remote-controlled black out shades on all windows, brand new PTAC air conditioning units installed in November 2020 and a keyless entry lock at the front door.

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. A brand new Caesarstone countertop has been installed. Designed for those who like to cook, 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 with customizable cabinetry. The spa-like en-suite private bath is outfitted with slate tiling and a large shower stall with rain shower. The second bath is oversized and serves as a powder room.

The Owner also built out a full second bedroom with south-facing window and large closet that is not typically found in the “H” layout. This construction is certified by the NYC Department of Buildings making it a legal second bedroom.

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: 02/28/2022

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,520

Year Built

  • Built in 1912

Lot Details

  • 0.34

HOA Fees

  • $1,729 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,257 Sq Ft Home
  • Entrance Foyer
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Courtyard
  • Garden
  • Central Air

Community Details

Overview

  • 79 Units
  • Chelsea Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,520

Year Built

Built in 1912

Lot Details

0

HOA Fees

$1,729 per month

Listing Details

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

Interior Features

  • Interior Features: Entrance Foyer, Galley Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1257.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck, Courtyard, Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1729.0
  • 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: 14520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 6, 2022
Sold by
Chang Samuel
Bought by
Diconza Andrew
Seller's Agent
Glenn Norrgard
Sothebys International Realty
List Price
$1,775,000
Sold Price
$1,737,500
Premium/Discount to List
-$37,500
-2.11%
Current Estimated Value
$1,740,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,938
Avg. Annual Appreciation
0.16%
Original Mortgage
$1,390,000
Outstanding Balance
$1,326,334
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,211

Purchase Details

Closed on
May 27, 2008
Sold by
420 West Investors Llc
Bought by
Chang Samuel
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
Diconza Andrew $1,737,500 --
Chang Samuel $1,654,656 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diconza Andrew $1,390,000
Previous Owner Chang Samuel $118,960
Previous Owner Chang Samuel $166,962
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,737,500 -2.1% $1,382 / Sq Ft
02/28/2022 02/28/22 For Sale $1,775,000 -- $1,412 / 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 $23,809 $191,132 $12,330 $178,802
2024 $23,809 $190,438 $12,330 $178,108
2023 $19,124 $188,971 $12,330 $176,641
2022 $18,756 $187,311 $12,330 $174,981
2021 $22,994 $187,447 $12,330 $175,117
2020 $19,476 $209,475 $12,330 $197,145
2019 $18,991 $195,165 $12,330 $182,835
2018 $22,237 $188,347 $12,330 $176,017
2017 $21,464 $191,658 $12,330 $179,328
2016 $20,306 $190,277 $12,330 $177,947
2015 $12,322 $175,770 $12,330 $163,440
2014 $12,322 $153,311 $12,330 $140,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10770167

Real Estate Board of New York (REBNY)

APN: 0722-1076