NOT LISTED FOR SALE

520 W 28th St Unit PH39 New York, NY 10001

Chelsea Neighborhood

Estimated Value: $7,711,000 - $10,817,143

4 Beds
4.5 Baths
4,268 Sq Ft
$9,627/mo HOA Fee

Last Sold June 21, 2021

Last sale price $13,950,000 $3,269 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $65,082/month

478 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

Sprawling indoor-outdoor home with 4,268 square feet interior and 1,340 contiguous square feet exterior. On a high floor, this residence overlooks the West Chelsea skyline, The High Line, the verdant new sculpture garden and the terrace enjoys views of the Empire State Building and the Hudson River.

The enormous entertaining spaces span over 1,000 square feet, with outdoor spaces to South and North ? optimizing Hudson Yards and High Line views, and a separate windowed eat-in kitchen by Boffi with Gaggenau appliances. The private master suite faces South and features an enormous windowed dressing room. Three additional bedrooms feature en-suite baths and ample closets.

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.

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

Peter Zaitzeff

Serhant License #10401213769 Listed on: 01/08/2020

Serhant

Co-Listed By

Julie Pham

Compass License #30PH1054919

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $103,920

Lot Details

  • 0.51

HOA Fees

  • $9,627 Monthly HOA Fees

Home Design

  • New Construction
  • Pre War Building
  • Entry on the 21st floor

Interior Spaces

  • 4,268 Sq Ft Home
  • Entrance Foyer
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Cooling Available

Listing and Financial Details

  • Tax Block 699

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$103,920

Lot Details

0

HOA Fees

$9,627 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea/Hudson Yards
  • Architectural Style: Prewar
  • Entry Level: 21
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 4268.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 9627.0
  • 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: 103920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jun 21, 2021
Sold by
28Th Highline Associates Llc
Bought by
Niuyor Siri Llc
Seller's Agent
Peter Zaitzeff
Serhant
List Price
$13,950,000
Sold Price
$13,950,000
Current Estimated Value
$8,842,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,107,714
Avg. Annual Appreciation
-10.13%
Original Mortgage
$7,109,375
Outstanding Balance
$6,442,665
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,399,621
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
Niuyor Siri Llc $10,937,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niuyor Siri Llc $7,109,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $13,950,000 0.0% $3,269 / Sq Ft
11/19/2019 11/19/19 For Sale $13,950,000 -- $3,269 / 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 $102,905 $838,239 $233,450 $604,789
2024 $102,905 $823,110 $233,450 $589,660
2023 $103,506 $827,914 $233,450 $594,464
2022 $102,514 $905,312 $233,450 $671,862
2021 $94,272 $768,503 $233,450 $535,053
2020 $103,496 $850,828 $233,450 $617,378
2019 $102,780 $831,697 $233,450 $598,247
2018 $99,250 $822,097 $233,450 $588,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10614637

Real Estate Board of New York (REBNY)

APN: 0699-1341