NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,581,000

1 Bed
1 Bath
776 Sq Ft
$850/mo HOA Fee

Last Sold May 03, 2021

Last sale price $1,050,000 $1,353 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,531/month

41 Days on Market

Highlights

  • Rooftop Deck
  • Central Air
  • North Facing Home
  • P.S. 33 Chelsea Prep Rated A
  • Laundry Facilities
  • 4-minute walk to Chelsea Park

About This Home

As of May 2021

Welcome to residence #5E at the luxurious +Art condominium in Manhattan's trendy West Chelsea, this sleek one-bedroom home has been immaculately maintained and is in mint condition.

Live in style and comfort with an open kitchen layout that flows into the large living space that is outfitted with top-of-the-line stainless steel appliances (Bertazzoni Range, Bosch D/W, and Liebherr Refrigerator) and honed black granite counter-tops, it was designed with an extended breakfast bar counter-top that's perfect for your morning coffee or an intimate evening gathering. Facing north with floor-to-ceiling windows, the apartment enjoys nice light throughout the day. Relax in a large king bedroom that features a large walk-in closet. Double-glazed and insulated windows allow for quiet and comfort, while your Nest Home temperature control system ensures your home experience is always just right. For added convenience, a separate closet houses your own Bosch Washer/Dryer.

Steps away from the High Line, the Hudson River waterfront, and in the heart of the neighborhood's hip art gallery district, 540 West 28th Street has a 24-hour attended lobby, live-in Super, bike room, state-of-the-art fitness center, and a roof-deck with lounge chairs, grill, wet bar, as well as wonderful city and Hudson River views. In a pet-friendly building that's just a few blocks from the 7 train, as well as the A/ C/ E lines, this offers an exciting lifestyle in one of New York's best neighborhoods.

Last Agent to Sell the Property

Brandon Trentham

Compass License #10401243064 Listed on: 01/18/2021

Compass

Co-Listed By

Elkin Serna

Compass License #10401210180

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,552

Year Built

  • Built in 2008

HOA Fees

  • $850 Monthly HOA Fees

Home Design

  • 776 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 699

Community Details

Overview

  • Chelsea Subdivision
  • 13-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,552

Year Built

Built in 2008

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Cross Street: Tenth Avenue/Eleventh Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 776.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 850.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 13
  • Year Built: 2008

Tax Info

  • Tax Block: 699
  • Tax Lot: 7502
  • Tax Annual: 12552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Apr 26, 2021
Sold by
El Khoury Marc C
Bought by
Rhee So Hyun
Seller's Agent
Brandon Trentham
Compass
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,289,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,208
Avg. Annual Appreciation
5.73%
Original Mortgage
$820,000
Outstanding Balance
$746,276
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$578,284

Purchase Details

Closed on
Jun 27, 2012
Sold by
537 West 27Th Street Owners Llc
Bought by
El Khoury Marc C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rhee So Hyun $1,050,000 --
El Khoury Marc C $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhee So Hyun $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $1,050,000 0.0% $1,353 / Sq Ft
01/18/2021 01/18/21 For Sale $1,050,000 -- $1,353 / 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 $18,729 $152,496 $36,540 $115,956
2024 $18,729 $149,806 $36,540 $113,266
2023 $14,886 $147,095 $36,540 $110,555
2022 $17,571 $151,745 $36,540 $115,205
2021 $17,132 $139,658 $36,540 $103,118
2020 $14,161 $154,684 $36,540 $118,144
2019 $13,556 $143,055 $36,540 $106,515
2018 $9,998 $138,058 $36,540 $101,518
2017 $9,745 $141,930 $36,540 $105,390
2016 $6,663 $145,581 $36,540 $109,041
2015 $417 $116,844 $36,540 $80,304
2014 $417 $117,713 $36,540 $81,173
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10692721

Real Estate Board of New York (REBNY)

APN: 0699-1233