NOT LISTED FOR SALE

520 W 28th St Unit 27 New York, NY 10001

Chelsea Neighborhood

Estimated Value: $7,410,000 - $9,215,000

4 Beds
4.5 Baths
3,840 Sq Ft
$9,995/mo HOA Fee

Last Sold August 21, 2024

Last sale price $8,100,000 $2,109 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $61,775/month

175 Days on Market

Highlights

  • Concierge
  • Steam Room
  • River View
  • P.S. 33 Chelsea Prep Rated A
  • Indoor Pool
  • 3-minute walk to Chelsea Park

About This Home

As of August 2024

Residence 27 at 520 West 28th Street by Dame Zaha Hadid
Four Bedrooms / Four Bathrooms / Powder Room / 3,840 sqft.

Private Parking and Storage Unit Included

Residence 27 is a rare opportunity to reside in one of the city's most iconic buildings, designed byDame Zaha Hadid. This four-bedroom, four-and-a-half-bath home at 520 West 28th Street is a loft-style residence offering beautiful and effortless modern design,luxurious finishes, and private outdoor space in one of downtown's most desired cultural locations with open yet private exposures.

Welcomed by a sweeping great room measuring 42 feet in length, this residence has no shortage of formal entertaining space, comprised of oversized floor-to-ceiling windowsand direct access to private outdoor space, all serviced by a modernly concealed wet bar. The private outdoor space overlooks a sculpture garden, The Highline, and the downtown skyline.

A sleek eat-in kitchen by Boffi features a Gaggenau appliance package, custom white lacquer millwork,asculptural eat-in island, and a lounge and breakfast nook. The Primary Bedroom suite offers southern exposure and features dual walk-in closets adjacent to the luxurious primary bathroom with a double sink vanity, separate water closet, and rain shower. Each additional bedroom has generous closet space and an en-suite full bathroom.

Other features include automated windows, modern wall paneling, and a spacious utility room featuring a side-by-side washer and dryer.

A parking space and storage unit are included in the sale.

This building has a discreet entry with a drive-in garage, a private elevator hall, and the main entrance and lobby.

The second bedroom is virtually staged

The Building: 520 West 28th Street by Zaha Hadid

This condominium, designed by Iraqi-British award-winning architect Zaha Hadid, features 39 modern residences across 11 floors, each designed to deliver maximum comfort and convenience. The building features a 24-hour doorman and concierge service. Residents enjoy a private IMAX theater, an indoor/outdoor event suite, a fitness center, a saline system pool, and a spa with a sauna, steam room, whirlpool, cold plunge, massage beds, and waterfall showers.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, Whole Foods, and the unique offering of culture, shopping, dining, and new parks at Hudson Yards.

Last Agent to Sell the Property

Carrie Chiang

Corcoran Group License #30CH0809543 Listed on: 01/16/2024

Corcoran Group

Co-Listed By

Andres Perea

Corcoran Group License #10301221820

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $86,546

Year Built

  • Built in 2017

Lot Details

  • 0.51

HOA Fees

  • $9,995 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 13th floor

Interior Spaces

  • 3,840 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Outdoor Features

  • Indoor Pool
  • Balcony
  • Deck
  • Terrace
  • Wrap Around Porch

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Chelsea Subdivision
  • 25-Story Property

Amenities

  • Concierge
  • Steam Room
  • Sauna
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$86,546

Year Built

Built in 2017

Lot Details

0

HOA Fees

$9,995 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 13
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 3840.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Deck, Terrace, Wrap Around, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Concierge, Indoor Pool, Sauna, Spa/Hot Tub, Storage, Steam Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 9995.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Community Features: Sauna
  • Units: 40
  • Spa Features: Sauna
  • Total Stories: 25
  • Year Built: 2017

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Aug 21, 2024
Sold by
Opg Ny Condo Llc
Bought by
Hsingmai Huang Irrevocable Trust I and Huang As Trustee Andrew T
Seller's Agent
Carrie Chiang
Corcoran Group
List Price
$9,380,000
Sold Price
$8,100,000
Premium/Discount to List
-$1,280,000
-13.65%
Views
101
Current Estimated Value
$8,398,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,042
Avg. Annual Appreciation
3.22%

Purchase Details

Listed on
Sep 6, 2018
Closed on
Aug 20, 2020
Sold by
28Th Highline Associates Llc
Bought by
Opg Ny Condo Llc
Seller's Agent
Julie Pham
Compass
List Price
$12,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$4,500,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$5,600,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
Hsingmai Huang Irrevocable Trust I $8,100,000 --
Opg Ny Condo Llc $8,000,000 --
Opg Ny Condo Llc $8,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opg Ny Condo Llc $5,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2024 08/21/24 Sold $8,100,000 -13.6% $2,109 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $9,380,000 +17.3% $2,443 / Sq Ft
08/20/2020 08/20/20 Sold $8,000,000 -36.0% $2,083 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
09/06/2018 09/06/18 For Sale $12,500,000 -- $3,255 / 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 $86,546 $704,978 $196,337 $508,641
2024 $86,546 $692,254 $196,337 $495,917
2023 $87,051 $696,295 $196,337 $499,958
2022 $86,216 $761,389 $196,337 $565,052
2021 $79,285 $646,329 $196,337 $449,992
2020 $87,043 $715,566 $196,337 $519,229
2019 $86,440 $699,477 $196,337 $503,140
2018 $83,473 $691,403 $196,336 $495,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10985556

Real Estate Board of New York (REBNY)

APN: 0699-1329