NOT LISTED FOR SALE

527 W 27th St Unit 5S New York, NY 10001

Chelsea Neighborhood

Estimated Value: $3,954,000 - $4,206,547

2 Beds
2.5 Baths
1,997 Sq Ft
$3,317/mo HOA Fee

Last Sold June 07, 2024

Last sale price $3,895,000 $1,950 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $30,015/month

31 Days on Market

Highlights

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

About This Home

As of June 2024

Organic textures and warm, inviting finishes coalesce in this Isay Weinfeld-designed, full-floor, residence at Jardim-#5S is a stunning, 2-bedroom, 2.5-bathroom home featuring private outdoor space and gracious eastern and southern views of the city, with easy access to the High Line, Hudson Yards, Chelsea Park, and the Hudson River Greenway.

Direct elevator access leads into an oversized windowed gallery and built-in coat closet that blends seamlessly into the walls, flooded with an abundance of natural light that spills into the residence's soaring 10' ceilings. The home's open-concept living room, dining room, and kitchen flow out to the 236 sq. ft. covered terrace, which opens entirely for true indoor-outdoor living-perfect for entertaining, gardening, alfresco dining, and more. The kitchen features an elegant mix of natural wood tones and sleek finishes, including American oak panels, custom Molteni cabinets, satin-finish Molteni stainless steel countertops and backsplashes, mottled quartz tile floors, and fully-integrated, high-end appliances. A powder room just off the kitchen is perfectly situated for guests.

The primary suite is a luxurious retreat boasting couples' walk-in closets and en-suite bathroom with a custom oil-finished, oak double vanity, graphite marble slab walls and floors, radiant heating, brass Waterworks fixtures, and a mosaic-tile wet room with a rain shower and custom Teuco freestanding soaking tub. The second bedroom features private closet space, a full en-suite bathroom, and garden views. The home also comes equipped with a stacked washer/dryer and separate private entrance / exit with a refuse chute.

Jardim is a one-of-a-kind luxury condominium brought to life by award-winning architect Isay Weinfeld and the development team of Centaur Properties and Greyscale Development. Split between two residential towers, the project offers residents a prime West Chelsea address and incredible lifestyle amenities including a brick-vaulted private driveway, on-site parking, private storage, and a 9,000 sq. ft. private club with a state-of-the-art fitness center, steam, message, and sauna rooms, a 60-ft skylit lap pool, a yoga studio, and a children's playroom. There is also a multi-level garden oasis planted with lush trees, bushes, and shrubs and adorned with soft lighting benches, and stone and wood pathways. There are a multitude of restaurants, bars, cafes, and shops nearby, and accessible subway lines include the A/C/E/1/2/3/7. Pets are welcome.

Last Agent to Sell the Property

Juan Benitez

Corcoran Group License #10401356891 Listed on: 03/03/2024

Corcoran Group

Co-Listed By

Nicholas Andreassi

Corcoran Group License #10401326312

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $54,670

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.44

HOA Fees

  • $3,317 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • 1,997 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Outdoor Features

  • Indoor Pool
  • Deck

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1432 / 00699

Community Details

Overview

  • 36 Units
  • High-Rise Condominium
  • Jardim Condos
  • Chelsea Subdivision
  • 11-Story Property

Amenities

  • Steam Room
  • Sauna
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$54,670

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$3,317 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1997.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: Bridge(s), City Lights, City, River
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Green Building, Indoor Pool, Sauna, Steam Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3317.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: JARDIM
  • Community Features: Sauna
  • Units: 36
  • Spa Features: Sauna
  • Total Stories: 11
  • Year Built: 2019

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00699
  • Tax Lot: 1432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Jun 7, 2024
Sold by
Kim Seoyoung
Bought by
Jing Xu Trustee and Michelangelo
Seller's Agent
Juan Benitez
Corcoran Group
List Price
$3,895,000
Sold Price
$3,895,000
Views
20
Current Estimated Value
$4,071,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,637
Avg. Annual Appreciation
-3.86%
Original Mortgage
$2,531,750
Outstanding Balance
$2,504,287
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,206,682

Purchase Details

Closed on
Dec 28, 2022
Sold by
Koo Hwoun Mee
Bought by
Kim Seoyoung

Purchase Details

Closed on
Oct 9, 2019
Sold by
Osung Llc
Bought by
Koo Hwoun Mee

Purchase Details

Closed on
Aug 6, 2019
Sold by
Wc 28 Realty Llc
Bought by
Osung Llc
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
Jing Xu Trustee $3,895,000 --
Kim Seoyoung -- --
Kim Seoyoung -- --
Koo Hwoun Mee -- --
Koo Hwoun Mee -- --
Osung Llc $5,165,028 --
Osung Llc $5,165,028 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jing Xu Trustee $2,531,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $3,895,000 0.0% $1,950 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $3,895,000 -- $1,950 / 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 $54,670 $441,816 $73,810 $368,006
2024 $54,670 $437,292 $74,054 $363,665
2023 $54,802 $438,343 $73,505 $364,838
2022 $48,761 $414,946 $73,444 $341,502
2021 $44,440 $414,946 $73,444 $341,502
2020 $40,792 $459,402 $73,444 $385,958
2019 $27,380 $401,452 $73,444 $328,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10966904

Real Estate Board of New York (REBNY)

APN: 0699-1432