NOT LISTED FOR SALE

520 W 28th St Unit 23 New York, NY 10001

Chelsea Neighborhood

Estimated Value: $7,927,000 - $9,192,000

4 Beds
4.5 Baths
3,840 Sq Ft
$7,152/mo HOA Fee

Last Sold June 16, 2021

Last sale price $7,680,000 $2,000 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $59,436/month

1,951 Days on Market

Highlights

  • New Construction
  • City View
  • Terrace
  • P.S. 33 Chelsea Prep Rated A
  • Pre War Building
  • 3-minute walk to Chelsea Park

About This Home

As of June 2021

Grand and loft-like, this generously-scaled home measures 3840 square feet interior and 162 square feet exterior. The extraordinary 800 square foot Great Room boasts lovely southeast views of the Chelsea skyline, the High Line, and the verdant new sculpture garden ? with a perfect balcony to soak it all in. The separate kitchen by Boffi with Gaggenau appliances opens onto a gracious family room to offer an ideal informal living space. A luxurious master suite with dual walk-in closets plus three additional bedrooms with en-suite baths, wet bar, utility room, powder room, and overscaled art walls perfect this remarkable home.

Designed inside and out by Zaha Hadid, the level of interior detailing is remarkable on every level, including features such as 10-foot wide motorized windows, distinctive curved window detailing, sculptural kitchen islands, high ceilings and custom wall-paneling designed for your art collection.

Located directly on the High Line in West Chelsea - the center of New York?s art world - 520 West 28th is just moments from Avenues School, Hudson River Park, the forthcoming Whole Foods, and the unique offering of cultural, shopping, dining and new parks at Hudson Yards.

With only 39 residences, this boutique property features an incredible package of amenities and services in a private setting with two separate elevator banks and secure off-street entry through a drive-in garage.

Leisure amenities include the City's first private IMAX theatre and entertaining suite with events terrace. The wellness level features a 75-foot saline system sky lit swimming pool, fitness center, reservable private spa suite with sauna, steam room, whirlpool, cold plunge, waterfall showers and massage beds. Additional features include automated robotic parking and storage vaults with a private viewing room. Curated services include full-time concierge, doorman, Luxury Attache lifestyle services and hand-delivered mail.

Exclusive marketing and sales agents: Related Sales & Corcoran Sunshine Marketing Group. The complete offering terms are in an offering plan available from the Sponsor. File No. CD14-0111. Sponsor: 28th Highline Associates, L.L.C., c/o The Related Companies, L.P., 60 Columbus Circle, New York, New York 10023

Last Agent to Sell the Property

Julie Pham

Compass License #30PH1054919 Listed on: 10/30/2015

Compass

Co-Listed By

Steven Gold

Corcoran Group License #10301217491

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $82,260

Lot Details

  • 0.51

HOA Fees

  • $7,152 Monthly HOA Fees

Home Design

  • New Construction
  • Pre War Building
  • Entry on the 11th floor

Interior Spaces

  • 3,840 Sq Ft Home
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Community Details

  • 40 Units
  • Chelsea/Hudson Yards Subdivision
  • 25-Story Property

Listing and Financial Details

  • Tax Block 699

Property Details

Home Type

Condominium

Est. Annual Taxes

$82,260

Lot Details

0

HOA Fees

$7,152 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea/Hudson Yards
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 3840.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7152.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 98.0 x 75.0

Building Info

  • New Construction: Yes
  • Units: 40
  • Total Stories: 25

Tax Info

  • Tax Block: 699
  • Tax Annual: 82260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jun 15, 2021
Sold by
28Th Highline Associates Llc
Bought by
Singer John D and Zeller Jennifer E
Seller's Agent
Julie Pham
Compass
List Price
$12,000,000
Sold Price
$7,680,000
Premium/Discount to List
-$4,320,000
-36%
Current Estimated Value
$8,494,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,281
Avg. Annual Appreciation
2.35%
Original Mortgage
$5,000,000
Outstanding Balance
$4,526,877
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,967,404
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
Singer John D $7,680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singer John D $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $7,680,000 0.0% $2,000 / Sq Ft
10/17/2018 10/17/18 For Rent $38,500 -99.7% --
10/17/2018 10/17/18 Rented -- -- --
10/27/2015 10/27/15 For Sale $12,000,000 -- $3,125 / 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 $86,458 $704,266 $196,138 $508,128
2024 $86,458 $691,555 $196,138 $495,417
2023 $86,963 $695,590 $196,138 $499,452
2022 $86,129 $760,618 $196,138 $564,480
2021 $79,205 $645,675 $196,138 $449,537
2020 $86,955 $714,842 $196,138 $518,704
2019 $86,353 $698,769 $196,138 $502,631
2018 $83,388 $690,703 $196,138 $494,565
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: RLS10606488

Real Estate Board of New York (REBNY)

APN: 0699-1325