447 W 18th St Unit PH12B New York, NY 10011
Chelsea Neighborhood
3
Beds
2.5
Baths
1,937
Sq Ft
$2,941/mo
HOA Fee
Highlights
- Wood Flooring
- Balcony
- Recessed Lighting
- P.S. 11 Sarah J. Garnet School Rated A
- Soaking Tub
- 5-minute walk to 14th Street Park
About This Home
As of March 2025Newly renovated West Chelsea Penthouse with a highly coveted 883sqft large roof terrace with 360 degree Empire State and Downtown views is complete with a gas BBQ grill, outdoor Gagganau kitchen and hidden speakers. Sharing a semi-private floor, PH12B is a top floor residence built to the level of luxury finish that is rarely available on the market. With 1937sqft this convertible 2/3 bedroom home with 2.5 baths (with pre-approved 3 bed, 3 bath conversion plans) was designed with superb custom finishes including an eat-in kitchen by Milan-based Studio Minimal with white and steel Blanco and Pegasus fixtures, Miele range dishwasher and wine cooler, SubZero fridge, and Viking stove.
The Principal bedroom has an electronically-controlled 5-fixture en-suite bath by Rainbrain, Starck soaking tub and dual vanity and Toto toilets. Architecturally-designed floating glass stairway leading to the Italian custom glass sunroom, which opens up onto the roof terrace. Other luxury high-tech touches include a Savant home control with 24 hidden indoor and outdoor speakers, a brand-new HVAC system, Bluetooth controlled lighting and washer-dryer.
Primarily a South-facing Penthouse, there are 3 exposures total, including North and East facing views. Situated on a prime West Chelsea block, PH12B is only a 3 minute walk to Chelsea Market, Meatpacking District, Hudson River Park, the Highline and Chelsea Piers. Bookended by the most exciting downtown neighborhoods, such as the West Village and Hudson Yards, every imaginable luxury dining, shopping and wellness is at your fingertips. With the highly anticipated Faena Hotel opening just across the street, the neighborhood continues to be elevated as a global luxury corridor.
Between world-class neighborhoods, such as West Village and Hudson Yards. PH12B is perfect oasis to have the world at your fingertips. Chelsea Modern is served by 24-hour doorman , cold storage, bike storage, and a gym. Equinox Fitness is also 2 blocks away. Storage included. Lobby/amenities renovation is underway, renderings included in photos.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $59,268
Year Built
- Built in 2009
HOA Fees
- $2,941 Monthly HOA Fees
Interior Spaces
- 1,937 Sq Ft Home
- Sound System
- Recessed Lighting
- Decorative Fireplace
- Wood Flooring
- Laundry in unit
Kitchen
- Cooktop
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Outdoor Features
- Balcony
Utilities
- Central Air
- No Heating
Community Details
- 27 Units
- High-Rise Condominium
- Chelsea Subdivision
- 12-Story Property
Listing and Financial Details
- Legal Lot and Block 1247 / 00716
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2024
Closed on
Mar 21, 2025
Sold by
Top Of The Modern Llc
Bought by
Amazingful Residence Trust and Burton Goldstein Trustee
Seller's Agent
Julie Pham
Compass
List Price
$3,995,000
Sold Price
$3,860,000
Premium/Discount to List
-$135,000
-3.38%
Total Days on Market
60
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.80%
Purchase Details
Closed on
Sep 17, 2013
Sold by
Volt 453 Llc and % Schuman & Associates Llc
Bought by
Top Of The Modern Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2012
Sold by
447-453 West 18 Lp and % Madison Equities Llc
Bought by
Volt 453 Llc
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,860,000 | -- | |
| Deed | $4,250,000 | -- | |
| Deed | $4,250,000 | -- | |
| Deed | $3,550,000 | -- | |
| Deed | $3,550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,000,000 | Purchase Money Mortgage | |
| Previous Owner | $2,130,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $3,860,000 | -0.9% | $1,993 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | Price Changed | $3,895,000 | -2.5% | $2,011 / Sq Ft |
| 12/29/2024 12/29/24 | For Sale | $3,995,000 | 0.0% | $2,062 / Sq Ft |
| 08/28/2020 08/28/20 | Rented | -- | -- | -- |
| 07/29/2020 07/29/20 | Under Contract | -- | -- | -- |
| 04/23/2020 04/23/20 | For Rent | $19,950 | -- | -- |
Source: Real Estate Board of New York (REBNY)
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 |
|---|---|---|---|---|
| 2024 | $59,270 | $474,086 | $19,488 | $454,598 |
| 2023 | $57,889 | $471,908 | $19,488 | $452,420 |
| 2022 | $57,402 | $480,652 | $19,488 | $461,164 |
| 2021 | $55,550 | $452,839 | $19,488 | $433,351 |
| 2020 | $56,686 | $501,350 | $19,488 | $481,862 |
| 2019 | $54,077 | $490,073 | $19,488 | $470,585 |
| 2018 | $41,844 | $454,792 | $19,489 | $435,303 |
| 2017 | $40,421 | $429,770 | $19,488 | $410,282 |
| 2016 | $31,407 | $464,697 | $19,489 | $445,208 |
| 2015 | $5,844 | $393,004 | $19,488 | $373,516 |
| 2014 | $5,844 | $397,053 | $19,488 | $377,565 |
Source: Public Records
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11026486
APN: 0716-1247
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