NOT LISTED FOR SALE

525 W 22nd St Unit 4B New York, NY 10011

Chelsea Neighborhood

Estimated Value: $2,633,959

2 Beds
2 Baths
1,200 Sq Ft
1930 Built

Last Sold August 23, 2021

Last sale price $2,475,000 $2,062 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,465/month

Highlights

  • High Ceiling
  • No HOA
  • Entrance Foyer
  • P.S. 11 Sarah J. Garnet School Rated A
  • Cooling Available
  • 2-minute walk to The High Line

About This Home

As of November 2023

Set in prime West Chelsea, Residence 4B at The Spears Building blends classic architectural elements with a bevy of modern comforts and elegant design.

This two-bedroom, two-bathroom loft receives incredible southern light from it's wall of oversized windows. The stunning 12' beamed, pre-war ceilings, polished concrete floors, and rich exposed brick that remain from the building’s original structure, make this home a truly rare offering in the marketplace.

The renovated kitchen features a Liebherr energy efficient refrigerator, Bertazzoni stove, and Bosch dishwasher, and has a spacious dining room area located nearby - perfect for entertaining friends and family.

The primary suite is flooded with light, and features an en-suite bathroom and fully fitted custom walk-in closet.

The Spears Building was constructed in 1880 as a factory and converted to a boutique condominium in 1996. The building has an array of desirable features, including a part-time doorman, furnished roof deck offering river views, and storage units available for rent. Furthermore, it's location in the white-hot, burgeoning West Chelsea neighborhood places it at the center of some of the city's top galleries and restaurants, just steps from The High Line.

Last Agent to Rent the Property

James Morgan

Compass License #10301203963 Listed on: 09/16/2023

Compass

Co-Listed By

Brandon Cohen

Compass License #10401223939

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,663

Year Built

  • Built in 1930

Lot Details

  • South Facing Home

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,200 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association
  • 30 Units
  • Chelsea Subdivision
  • 6-Story Property

Listing and Financial Details

  • Property Available on 11/1/23
  • Tax Block 00694

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,663

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-11-01

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 4
  • Structure Type: Multi Family
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Entrance Foyer, High Ceilings, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Freezer, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Concrete
  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 197.500000x98.750000

Building Info

  • New Construction: No
  • Units: 30
  • Total Stories: 6
  • Year Built: 1930

Tax Info

  • Tax Block: 00694
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Aug 23, 2021
Sold by
Kurson Kenneth A
Bought by
Rickabaugh Mark and Warbritton Sean
Seller's Agent
Asaf Bar-Lev
Corcoran Group
List Price
$2,495,000
Sold Price
$2,475,000
Premium/Discount to List
-$20,000
-0.8%
Current Estimated Value
$2,633,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,959
Avg. Annual Appreciation
-2.24%
Original Mortgage
$1,485,000
Outstanding Balance
$1,357,117
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$898,931

Purchase Details

Listed on
Sep 13, 2018
Closed on
Feb 4, 2019
Sold by
Eisen Sara and Levine Matthew
Bought by
Kurson Kenneth A
Seller's Agent
Natalie Eisen
Corcoran Group
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%

Purchase Details

Listed on
May 20, 2014
Closed on
Dec 11, 2014
Sold by
Levine Frances
Bought by
Eisen Sara and Levine Matthew
Seller's Agent
Holly Parker
Compass
List Price
$2,150,000
Sold Price
$2,330,000
Premium/Discount to List
$180,000
8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$1,200,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2013
Sold by
Hay Alexei
Bought by
Levine Frances

Purchase Details

Closed on
Nov 10, 2011
Sold by
Aronow Claudia and Aronow-Roush Claudia
Bought by
Hay Alexei

Purchase Details

Closed on
Mar 12, 1997
Sold by
Chelsea Warehouse Associates Llc
Bought by
Aronow Roush Claudia and Hay Alexei
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
Rickabaugh Mark $2,475,000 --
Kurson Kenneth A $2,400,000 --
Eisen Sara $2,330,000 --
Levine Frances $1,830,000 --
Hay Alexei -- --
Aronow Roush Claudia $325,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickabaugh Mark $1,485,000
Previous Owner Eisen Sara $150,000
Previous Owner Eisen Sara $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Rented $9,200 0.0% --
10/13/2023 10/13/23 Under Contract -- -- --
09/16/2023 09/16/23 For Rent $9,200 0.0% --
03/26/2023 03/26/23 Off Market $2,400,000 -- --
08/23/2021 08/23/21 Sold $2,475,000 -0.8% $2,063 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $2,495,000 +4.0% $2,079 / Sq Ft
02/04/2019 02/04/19 Sold $2,400,000 -7.5% $2,000 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $2,595,000 +11.4% $2,163 / Sq Ft
01/05/2015 01/05/15 Sold $2,330,000 +8.4% $1,942 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
06/25/2014 06/25/14 Sold -- -- --
05/26/2014 05/26/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $2,150,000 +19.4% $1,792 / Sq Ft
06/26/2013 06/26/13 For Sale $1,800,000 -- $1,500 / 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 $18,663 $153,287 $37,340 $115,947
2024 $18,663 $149,283 $37,340 $111,943
2023 $14,989 $148,105 $37,340 $110,765
2022 $14,730 $145,928 $37,340 $108,588
2021 $17,145 $139,763 $37,340 $102,423
2020 $18,002 $154,798 $37,340 $117,458
2019 $14,248 $151,315 $37,340 $113,975
2018 $16,565 $144,289 $37,340 $106,949
2017 $16,179 $142,682 $37,341 $105,341
2016 $15,610 $139,832 $37,340 $102,492
2015 $7,792 $111,119 $37,340 $73,779
2014 $7,792 $106,241 $37,341 $68,900
Source: Public Records

Agents Affiliated with this Home

  • James Morgan

    Landlord's Agent in 2023

    James Morgan

    Compass

    (917) 941-5637

    19 in this area

    69 Total Sales

    James Morgan
    Section Image
  • Brandon Cohen

    Landlord's Co-Listing Agent in 2023

    Brandon Cohen

    Compass

    (516) 351-5602

    13 in this area

    60 Total Sales

    Brandon Cohen
    Section Image
  • Asaf Bar-Lev

    Seller's Agent in 2021

    Asaf Bar-Lev

    Corcoran Group

    (646) 266-8462

    17 in this area

    114 Total Sales

    Asaf Bar-Lev
    Section Image
  • Nicole Hechter

    Seller Co-Listing Agent in 2021

    Nicole Hechter

    Corcoran Group

    (917) 514-5874

    30 in this area

    175 Total Sales

    Nicole Hechter
    Section Image
  • Natalie Eisen

    Seller's Agent in 2019

    Natalie Eisen

    Corcoran Group

    (646) 883-5436

    1 in this area

    46 Total Sales

    Natalie Eisen
    Section Image
  • Adrian Noriega

    Seller Co-Listing Agent in 2019

    Adrian Noriega

    Corcoran Group

    (212) 612-9635

    1 in this area

    53 Total Sales

    Adrian Noriega
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10916033

Real Estate Board of New York (REBNY)

APN: 0694-1018

New York New York County New York 10011 Chelsea

525 W 22nd St Unit 4B, New York, NY

This home is located at 525 W 22nd St Unit 4B, New York, NY 10011 since 16 September 2023 and is currently priced at $2,633,959. This property was built in 1930. 525 W 22nd St Unit 4B is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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