NOT LISTED FOR SALE

525 W 22nd St Unit 5C New York, NY 10011

Chelsea Neighborhood

Estimated Value: $2,586,357 - $4,239,000

2 Beds
2 Baths
1,784 Sq Ft
$1,445/mo HOA Fee

Last Sold August 10, 2015

Current estimated payment $21,458/month

80 Days on Market

Highlights

  • Pre War Building
  • South Facing Home
  • 2-minute walk to The High Line
  • P.S. 11 Sarah J. Garnet School Rated A

About This Home

As of August 2015

Located in the vibrant West Chelsea Art Gallery District in a prewar doorman condo loft building, this hi-floor 1800sf open loft includes wonderful original wood columns and ceiling beams, open south sunny views with open sky through 8 oversized windows and a wood burning fireplace. The layout is flexible and currently offers 1 bedroom and 2 full baths. A 2nd bedroom could easily be added. The ceilings are 10'3 and there are walls of storage closets. Air-conditioning is through the wall and all windows have electric sun and blackout shades. 525 West 22nd Street is a doorman loft condominium with a roofdeck and located in the heart of West Chelsea amongst 100's of art galleries, next to the Highline Park, Chelsea Market, Chelsea Piers sports facilities, 23rd street dog park, and soon the new Whitney Museum at the tip of the Highline. The doorman is 7 days a week from 8am - 12a - until 1am on Fri-Saturdays. There is currently an assessment of $370 for roof restoration.

Last Agent to Sell the Property

Chris Kann

Corcoran Group License #40KA0922313 Listed on: 04/22/2015

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,932

Year Built

  • Built in 1893

Lot Details

  • South Facing Home

HOA Fees

  • $1,445 Monthly HOA Fees

Home Design

  • 1,784 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 30 Units
  • The Spears Condo
  • Chelsea Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,932

Year Built

Built in 1893

Lot Details

0

HOA Fees

$1,445 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area: 1784.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1445.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE SPEARS CONDO
  • Units: 30
  • Year Built: 1893

Tax Info

  • Tax Block: NA
  • Tax Annual: 19932.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 7, 2015
Sold by
Mccormick Dane and Mccormick Deborah A
Bought by
Sherogan Diana Wege
Seller's Agent
Chris Kann
Corcoran Group
Current Estimated Value
$3,333,089

Purchase Details

Closed on
Jan 22, 2004
Sold by
Sato Keiko and Sato Keiko Hosokowa
Bought by
Mccormick Dane and Mc Cormick Deborah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
The Board Managers Spears Bldg Condo
Bought by
Meyers Michael R and Corbin Smith S

Purchase Details

Closed on
Mar 6, 1997
Sold by
Chelsea Warehouse Associates Llc
Bought by
Sato Keiko Hosokawa and Sato Keiko
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
Sherogan Diana Wege $3,150,000 --
Mccormick Dane $1,385,000 --
Meyers Michael R $2,500 --
Sato Keiko Hosokawa $511,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccormick Dane $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold -- -- --
07/11/2015 07/11/15 Pending -- -- --
04/22/2015 04/22/15 For Sale -- -- --
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 $28,929 $237,599 $57,875 $179,724
2024 $28,929 $231,392 $57,875 $173,517
2023 $23,233 $229,566 $57,875 $171,691
2022 $22,831 $226,191 $57,875 $168,316
2021 $26,575 $216,635 $57,875 $158,760
2020 $23,020 $239,940 $57,875 $182,065
2019 $22,084 $234,542 $57,875 $176,667
2018 $25,677 $223,652 $57,875 $165,777
2017 $25,079 $221,159 $57,875 $163,284
2016 $24,197 $216,742 $57,875 $158,867
2015 $12,357 $172,236 $57,875 $114,361
2014 $12,357 $164,678 $57,875 $106,803
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Chris Kann

    Corcoran Group

    (212) 893-1426

    3 in this area

    44 Total Sales

    Chris Kann
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10096858

Real Estate Board of New York (REBNY)

APN: 0694-1025

New York New York County New York 10011 Chelsea

525 W 22nd St Unit 5C, New York, NY

This home is located at 525 W 22nd St Unit 5C, New York, NY 10011 since 22 April 2015 and is currently estimated at $3,333,089, approximately $1,868 per square foot. This property was built in 1893. 525 W 22nd St Unit 5C 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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