NOT LISTED FOR SALE

515 W 29th St Unit 2S New York, NY 10001

Chelsea Neighborhood

Estimated Value: $3,317,837 - $4,160,000

2 Beds
3 Baths
1,895 Sq Ft
$2,682/mo HOA Fee

Last Sold June 02, 2022

Last sale price $3,466,800 $1,829 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $25,728/month

53 Days on Market

Highlights

  • New Construction
  • P.S. 33 Chelsea Prep Rated A
  • 4-minute walk to Chelsea Park

About This Home

As of June 2022

Residence 2S captures sweeping views of the High Line and the floor-to-ceiling windows flood the space with natural southern light. 2S is a spacious 1,895-square-foot home with two bedrooms and three full bathrooms.



Interiors at Five One Five are irresistibly luxurious with minimal cutting-edge aesthetic and top of the line materials.

Custom designed Bulthaup kitchen is outfitted with warm textured wood, smooth and calm stone, 10mm quartz countertops and a full suite of Gaggenau appliances including refrigerator/freezer, dishwasher, gas cooktop, vented hood, convection oven, speed oven, warming drawer and wine refrigerator.

European light oak floors, Motleni millwork, Dornbracht fixtures and Molteni custom closets are featured throughout the Residence.

Both bedrooms are generously sized and offer great southern light, spa-like en-suite bathrooms and custom Molteni closets.

Master bathroom details include Honed Gray Pietra marble flooring and walls, radiant heated floors, freestanding Vienza Vida soaking tubs, Duravit sinks and toilets, Molteni custom wood vanity and recessed mirrored medicine cabinets. The 3 full baths all offer radiant floor heating and ample storage.

Smart Home Features include motorized Lutron solar shades, Belgian Delta LED recessed lighting, video intercom communication system, Mobile-controlled Lutron Homeworks QS System for temperature control, lighting and window shades.

Five One Five is a boutique luxury condominium ideally located at the crossroads of West Chelsea and Hudson Yards. Project was designed by world famous architect Soo Chan of SCDA and includes only 15 residences with direct keyed elevator access, natural design elements, and smart home design features.



Amenities Include:

- private gym featuring Technogym and Peloton equipment,

- 24-hour attended lobby,

- landscaped roof terrace with grill,

- additional storage,

- bike room and package room.



Legal Disclaimer

The artist representations and interior decorations, finishes, appliances and furnishings are provided for illustrative purposes only. Sponsor reserves the right to make substitutions of materials, equipment, fixtures and finishes in accordance with the terms of the Offering Plan.Property Address: 515 West 29th Street New York, NY 10001. Sponsor Name: 515 West 29th Street, Suite 1410, New York, NY 10012. The complete offering terms are in an offering plan available from sponsor. File No. CD14-0186. Equal Housing Opportunity.

Last Agent to Sell the Property

Elena Ash

Compass License #10401265326 Listed on: 02/24/2022

Compass

Co-Listed By

Michael Passaro

Douglas Elliman Real Estate License #10301216434

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,668

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,922

HOA Fees

  • $2,682 Monthly HOA Fees

Home Design

  • 1,895 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 15 Units
  • Five One Five Condos
  • Chelsea Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 00701

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,668

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,682 per month

Listing Details

  • Cross Street: HIGH LINE and 11 AVENUE
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1895.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2682.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: FIVE ONE FIVE
  • Units: 15
  • Total Stories: 11
  • Year Built: 2019

Tax Info

  • Tax Block: 00701
  • Tax Annual: 37668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Jun 2, 2022
Sold by
515 West 29Th Street Owner Llc
Bought by
Wallace James Chadwick
Seller's Agent
Elena Ash
Compass
List Price
$3,850,000
Sold Price
$3,466,800
Premium/Discount to List
-$383,200
-9.95%
Current Estimated Value
$3,699,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,909
Avg. Annual Appreciation
1.94%
Original Mortgage
$2,880,000
Outstanding Balance
$2,740,331
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$959,378
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wallace James Chadwick $3,677,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace James Chadwick $2,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2022 07/03/22 Off Market $3,466,800 -- --
06/02/2022 06/02/22 Sold $3,466,800 -10.0% $1,829 / Sq Ft
02/25/2022 02/25/22 For Sale $3,850,000 -- $2,032 / 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 $41,867 $346,510 $68,271 $278,239
2024 $41,867 $334,879 $68,271 $266,608
2023 $39,692 $323,567 $68,271 $255,296
2022 $38,485 $328,339 $68,271 $260,068
2021 $39,674 $328,344 $68,271 $260,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10907135

Real Estate Board of New York (REBNY)

APN: 0701-1202