$1,015,000 - $16,699,344
RENTED OCT 22, 2024
6 Beds
6.5 Baths
6,624 Sq Ft
$1,308 Price per Sq Ft

Last Sold December 27, 2019

Last sale price $8,500,000 $1,283 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $50,904/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Private Yard
  • P.S. 33 Chelsea Prep Rated A
  • High Ceiling
  • 3-minute walk to The High Line

About This Home

As of October 2024

Nestled in the heart of West Chelsea, Manhattan's ultimate urban oasis teaming with the world's leading contemporary art galleries, chic restaurants, moments from the Highline Park, Hudson Yards, a new WHOLE FOODS Market, and the Hudson River Park, just minutes from the brand new Moynihan Station, this superb townhouse was completely gut renovated and re-built by a highly experienced developer and ready for immediate occupancy. All floors have been re-calibrated with a brand new facade of steel gray brick: The rear facade is opened up with a wall of glass windows that fully embrace the exceptional, lushly landscaped, and treed gardens. This is one of those secret places in the City that few are aware of. Sleek, classic contemporary finishes feature throughout, and each floor boasts superb proportions, including exceptional ceiling heights. Ducted, zoned central air-conditioning and all new mechanicals make this the ultimate Downtown residence.

CELLAR: The cellar (with elevator access) has been excavated to create a 10-foot ceiling height. This area can accommodate a recreation room, a media room, the mechanicals, storage, and a powder room.

FIRST FLOOR: Enter into a foyer with a coat closet, which leads past a formal dining room to the expansive kitchen, which looks out onto a double-height-ceilinged eat-in area/great room facing the superb terrace and garden (with outdoor kitchen). An elegant powder room and pantry are also on this floor.

SECOND FLOOR: The parlor floor features expansive loft-like entertaining spaces to the south and north, with a powder room in between. The ceiling heights and light are awe-inspiring on this floor, approximately 12ft, with superb art walls.

THIRD FLOOR: This floor is dedicated to a palatial Primary Suite with a south-facing bedroom and balcony overlooking the gardens, a lavish bathroom with a freestanding tub, a large shower stall, two sinks, an enormous walk-in closet, and a connecting gallery with extensive storage/closet space.

FOURTH FLOOR: This floor houses two large bedrooms, each with its en-suite bathroom and a laundry room.

FIFTH FLOOR: This floor houses a large, south-facing bedroom/media room/study with a bathroom and another smaller bedroom suite with an efficient office/study.

PENTHOUSE: The top floor contains a large Family Room with a full bathroom and two superb terraces, one facing north and the other facing South. This room could double as a bedroom suite.

Last Agent to Rent the Property

Leonard Steinberg

Compass License #10491210697 Listed on: 05/14/2024

Compass

Co-Listed By

Hervé Senequier

Compass License #10301222383

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $44,235

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 18.000000x98.750000
  • Private Entrance
  • Private Yard

Interior Spaces

  • 6,624 Sq Ft Home
  • Sound System
  • High Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Wood Flooring
  • Wine Cooler
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Terrace
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/15/24
  • Tax Block 00722

Community Details

Overview

  • No Home Owners Association
  • Chelsea Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$44,235

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-15

Listing Details

  • Exposures: North,South
  • Property SubType: Townhouse
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Entry Level: 1
  • Structure Type: House, Townhouse
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 5

Interior Features

  • Interior Features: High Ceilings, Recessed Lighting, Sound System, Walk-In Closet(s)
  • Appliances: Wine Cooler
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 6624.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bathrooms Integer: 7
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 18.000000x98.750000

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 5
  • Year Built: 1910

Tax Info

  • Tax Block: 00722
  • Tax Lot: 0000

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2014
Sold by
450 West 25Th Llc
Bought by
Flagstaff2 Llc
Current Estimated Value
$8,665,836

Purchase Details

Closed on
Jul 26, 2012
Sold by
Amarger Christine and Gordon I Remer Esq %
Bought by
450 West 25Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,703,737
Interest Rate
3.7%
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
Flagstaff2 Llc $8,500,000 --
450 West 25Th Street Llc $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flagstaff2 Llc $3,500,000
Previous Owner 450 West 25Th Street Llc $560,964
Previous Owner 450 West 25Th Street Llc $1,703,737
Previous Owner 450 West 25Th Street Llc $1,807,684
Previous Owner 450 West 25Th Street Llc $838,579
Closed 450 West 25Th Street Llc $2,646,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Rented $35,000 0.0% --
10/22/2024 10/22/24 Under Contract -- -- --
08/10/2024 08/10/24 Price Changed $35,000 -4.1% $5 / Sq Ft
07/24/2024 07/24/24 Price Changed $36,500 -1.4% $6 / Sq Ft
05/14/2024 05/14/24 For Rent $37,000 0.0% --
12/27/2019 12/27/19 Sold $8,500,000 0.0% $1,283 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $8,500,000 -- $1,283 / 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 $44,235 $233,454 $165,004 $68,450
2024 $44,235 $220,240 $383,280 $78,359
2023 $43,052 $211,987 $130,775 $81,212
2022 $40,765 $612,840 $383,280 $229,560
2021 $41,429 $658,560 $383,280 $275,280
2020 $41,179 $750,060 $383,280 $366,780
2019 $38,393 $732,660 $383,280 $349,380
2018 $36,011 $176,656 $63,291 $113,365
2017 $34,689 $170,169 $109,514 $60,655
2016 $32,485 $164,049 $90,959 $73,090
2015 $11,866 $163,717 $136,169 $27,548
2014 $11,866 $101,254 $68,674 $32,580
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: RLS10996452

Real Estate Board of New York (REBNY)

APN: 0722-0067