$2,650,000
PENDING

525 W 22nd St Unit 2B New York, NY 10011

Chelsea Neighborhood

Estimated payment $17,544/month

Total Views 2,192
2 Beds
2 Baths
1,196 Sq Ft
$2,216 Price per Sq Ft

Highlights

  • Rooftop Deck
  • 19,503 Sq Ft lot
  • Wood Flooring
  • P.S. 11 Sarah J. Garnet School Rated A
  • Pre War Building
  • 2-minute walk to The High Line

About This Home

RESIDENCEDiscover an exquisite south-facing loft that epitomizes luxury and elegance. This residence is sheer perfection. This 1,196 +- square foot home features two bedrooms and two bathrooms, flawlessly blending classic architectural elements with modern comforts and elegant design creating a warm, minimalist space. Highlights include a wall of oversized windows, 11-foot ceilings, custom cabinetry throughout, and recessed lighting, creating an inviting and sophisticated ambiance.Upon entry, a welcoming foyer leads to the kitchen, equipped with top-of-the-line Bosch, Miele, and Asko appliances, and adorned with custom wood cabinetry. The intimate dining room seamlessly transitions into a spacious living room filled with abundant natural light and perfect for entertaining and relaxation.The large primary suite boasts a marble ensuite bathroom and is tucked away allowing for a secluded sanctuary featuring custom built closets and a luxurious marble bath. A comfortable, light-filled office space is conveniently located between the primary suite and the living room.A second bedroom with ample custom cabinetry and an elegant second bathroom completes the layout. Additionally, the apartment includes a large storage bin that transfers with the property.BUILDINGOriginally built in 1880 as a commercial manufacturing building, the Spears Building was converted into a full-service condominium in 1996. It comprises approximately 30 loft residences within a six-story boutique building. Amenities include a beautifully landscaped common roof deck, a full-time building manager, and a seven-day doorman service from 8 AM to midnight. This condominium is known for its low common charges and taxes.The condo recently underwent a modernization project, resulting in a brand-new elevator, updated building mechanicals, a newly restored facade, a new roof, and an updated entrance. There is an on-going assessment of $625.00 monthly ending March 2026 for this unit. The coveted location and exceptional building staff make this one of the most desirable buildings in the neighborhood. Steps from the Hudson River Park, Chelsea Piers, Chelsea Market, the best galleries, restaurants and shopping.

Listing Agent

Paula Allen

Sothebys International Realty License #30AL0762489 Listed on: 03/21/2025

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,204

Year Built

  • Built in 1893

Lot Details

  • South Facing Home

HOA Fees

  • $1,264 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,196 Sq Ft Home
  • Entrance Foyer
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Galley Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 7501 / 00694

Community Details

Overview

  • 30 Units
  • Spears Building Condos
  • Chelsea Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,204

Year Built

Built in 1893

Lot Details

0

HOA Fees

$1,264 per month

Listing Details

  • Exposures: South
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar, Loft
  • Entry Level: 2
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Entrance Foyer, Galley Kitchen
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1196.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Elevator(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1264.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 19503.0
  • Lot Size Dimensions: 197.5 x 98.75

Building Info

  • New Construction: No
  • Building Name: Spears Building
  • Units: 30
  • Total Stories: 6
  • Year Built: 1893

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00694
  • Tax Lot: 7501
  • Tax Annual: 18204.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $17,731 $141,824 $35,476 $106,348
2023 $14,240 $140,705 $35,476 $105,229
2022 $13,994 $138,638 $35,476 $103,162
2021 $16,288 $132,781 $35,476 $97,305
2020 $17,102 $147,065 $35,476 $111,589
2019 $13,536 $143,756 $35,476 $108,280
2018 $15,737 $137,081 $35,475 $101,606
2017 $15,371 $135,554 $35,476 $100,078
2016 $14,830 $132,846 $35,475 $97,371
2015 $7,574 $105,568 $35,476 $70,092
2014 $7,574 $100,932 $35,475 $65,457
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $2,650,000 -- $2,216 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $2,000,000 --
Condominium Deed $285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,000 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010861

Real Estate Board of New York (REBNY)

APN: 0694-1006