NOT LISTED FOR SALE

532 W 20th St Unit 4 New York, NY 10011

Chelsea Neighborhood

Estimated Value: $5,537,000 - $6,510,000

4 Beds
3.5 Baths
2,662 Sq Ft
$6,345/mo HOA Fee

Last Sold June 07, 2022

Last sale price $6,350,000 $2,385 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $47,832/month

Highlights

  • New Construction
  • River View
  • Balcony
  • P.S. 11 Sarah J. Garnet School Rated A
  • Terrace
  • 4-minute walk to Chelsea Waterside Park

About This Home

As of June 2022

IMMEDIATE OCCUPANCY

Residence 4 at 532 West 20th Street is an exquisitely crafted 2,662 SF full-floor, 4 Bedroom, 3 Full Bath and Half Bath featuring a 155 SF southern facing terrace directly off the Great Room.

In addition, a PRIVATE PARKING GARAGE with valet is conveniently located off the lobby providing for ease of access.

A discreet, keyed elevator opens directly into the foyer leading to an elegantly appointed 50' wide Great Room boasting a gas fireplace and 10' ceilings. This stunning entertaining space is complemented with beautiful, southern facing floor to ceiling windows and direct access onto the private terrace overlooking the Highline.

The grand chef's kitchen with separate pantry is open to the Great Room and outfitted with custom-designed oak veneer and lacquered cabinets from Molteni, honed Volakas marble countertops from the Drama mountains of northern Greece, Miele refrigerator & freezer with integrated ice maker, Miele gas cooktop range with a fully vented hood, and a Miele dishwasher, convection oven & speed oven. The kitchen also boasts a Sub-Zero undercounter wine refrigerator, Stainless steel ProChef undermount sink with KWC faucet and InSinkErator disposal.

The primary bedroom suite features 11' ceilings, a beautiful walk-in dressing room and oversized windows. The primary bath details include Stellar White marble slab and mosaic, custom walnut vanity with Stellar White marble counter, undermount Villeroy & Boch sink with Fantini fixtures in polished chrome, Fantini rain & hand shower with thermostatic controls, finished in polished chrome, a Da Vinci freestanding soaking tub, Toto dual-flush water closet.

The second and third well-proportioned bedrooms conveniently share a Jack & Jill bath with a wall mounted Villeroy & Boch sink with Fantini fixtures in polished chrome, a recessed Robern medicine cabinet, undermount Duravit tub with Fantini shower and thermostatic controls in polished chrome. The fourth bedroom suite includes an en-suite bath.

Residence 4 also features vented Miele washer/dryer, zoned high-efficiency Daikin climate control, Wood-clad German made windows with high acoustic performance and energy ratings and abundant closet space.

The complete offering terms are in an offering plan available from the sponsor, file number CD20-0067.

Note: Taxes reflects owner occupancy / primary residence abatement. Please refer to the following link for additional information:

https://www1.nyc.gov/site/finance/benefits/landlords-coop-condo.page .

Last Agent to Sell the Property

Tamir Shemesh

Nest Seekers LLC License #30SH0853809 Listed on: 03/08/2022

Nest Seekers LLC

Co-Listed By

Christopher Prokop

Serhant License #10301218154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,460

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,617

HOA Fees

  • $6,345 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River
  • City

Interior Spaces

  • 2,662 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00691

Community Details

Overview

  • 9 Units
  • Chelsea Subdivision
  • 11-Story Property

Amenities

  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,460

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$6,345 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2662.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6345.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 4600.0
  • Lot Size Dimensions: 50.0 x 92.0

Building Info

  • New Construction: Yes
  • Units: 9
  • Total Stories: 11
  • Year Built: 2021

Tax Info

  • Tax Block: 00691
  • Tax Annual: 47460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 7, 2022
Sold by
Ddg 532 West 20Th Street Llc
Bought by
Vera Coverdale Kate
Seller's Agent
Tamir Shemesh
Nest Seekers LLC
List Price
$5,750,000
Sold Price
$6,350,000
Premium/Discount to List
$600,000
10.43%
Current Estimated Value
$6,079,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,249
Avg. Annual Appreciation
-1.33%
Original Mortgage
$5,000,000
Outstanding Balance
$4,771,112
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,322,688
Source: Public Records

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Range of Values:

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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
Vera Coverdale Kate $6,485,012 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Coverdale Kate $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $6,350,000 +10.4% $2,385 / Sq Ft
03/08/2022 03/08/22 For Sale $5,750,000 -- $2,160 / 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 $92,976 $803,185 $50,593 $752,592
2024 $92,976 $743,690 $62,460 $687,476
2023 $84,471 $688,602 $62,460 $626,142
2022 $91,269 $745,970 $62,460 $683,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10900122

Real Estate Board of New York (REBNY)

APN: 0691-1202