NOT LISTED FOR SALE

550 W 29th St Unit 3-C New York, NY 10001

Chelsea Neighborhood

Estimated Value: $3,050,000 - $3,836,000

3 Beds
3 Baths
1,859 Sq Ft
7,405 Sq Ft Lot

Highlights

  • Newly Remodeled
  • 4-minute walk to 34 St-Hudson Yards
  • Balcony
  • P.S. 33 Chelsea Prep Rated A

About This Home

As of February 2022

BRAND NEW 3-bedroom, 3 bath duplex condo. Third Bedroom enclosed by wall upstairs. Private outdoor space.



Great opportunity to live in West Chelsea's new condominium Five Five Zero positioned between The High Line and the Hudson River. With close to 2,000 square feet and soaring ceiling heights up to 20-feet, this is a condo you do not want to miss out on. Five Five Zero is a luxury boutique building containing 19 expansive 3- and 4-bedroom units of top-quality craftsmanship. Rare opportunity to rent in a new building.



Beyond the large foyer, the home flows into an expansive open living room, dining room, and kitchen. The kitchen has an eat-in island along with space for a dining area. The kitchen comes equipped with Pietra Cardosa countertops, custom Italian cabinetry, and a matching backsplash. Also enjoy the high-end appliances from Wolf, Sub-Zero, and Miele. The lower level has an expansive bedroom with two large closets and an en-suite bathroom.



The remaining two bedrooms are upstairs and a study area is open to the lower floor. The primary bedroom has a large walk-in closet along with another closet and an en-suite bathroom containing dual sinks. Also, the primary bathroom has a large walk-in steam shower and a separate Zuma soaking tub. The walls and floors are Dolomite marble and the fixtures are Lefroy Brooks. The second bedroom has a closet and bathroom equipped with Catalano ceramic sink and limestone floors.



Condo includes wide-plank oak flooring, energy-efficient multi-zone heating, and cooling. 20-feet double-height ceilings in the living area make the unit feel like a home. Also comes with floating oak stairs with steel handrail and large casement windows with north exposure.



Enjoy the large variety of white-glove amenities offered at Five Five Zero. 24-hour attended lobby, full-time super, fully equipped fitness room, a sauna, state-of-the-art security, and video intercom system, commercial-grade washers for oversized items, and a bicycle room. The building is surrounded by trendy restaurants, cafes, bars, galleries, and shops, and is around several parks and the Hudson River.



Catch this opportunity before it gets rented. Rare find in Five Five Zero.

Last Agent to Rent the Property

Steven Gold

Corcoran Group License #10301217491 Listed on: 12/14/2021

Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,418

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,405

Home Design

  • 1,859 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Washer Dryer Allowed
  • Balcony

Community Details

  • 19 Units
  • Chelsea Subdivision
  • 12-Story Property

Listing and Financial Details

  • Property Available on 12/13/21
  • Tax Block 00700

Condo Details

Home Type

Condominium

Est. Annual Taxes

$47,418

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Rental Info

  • Available Date: 2021-12-13

Listing Details

  • Cross Street: HIGH LINE and 11 AVENUE
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1859.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 19
  • Total Stories: 12
  • Year Built: 2018

Tax Info

  • Tax Block: 00700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
550 West 29Th Street Llc
Bought by
Eastman Ashok and Eastman Crystal
Current Estimated Value
$3,502,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,500
Outstanding Balance
$1,917,090
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,585,844
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
Eastman Ashok $2,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastman Ashok $2,137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Off Market $16,500 -- --
02/13/2022 02/13/22 Under Contract -- -- --
02/01/2022 02/01/22 Rented $16,500 0.0% --
01/18/2022 01/18/22 For Rent $16,500 -- --
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 $47,418 $380,896 $38,946 $341,950
2024 $47,418 $379,282 $38,946 $340,336
2023 $45,611 $380,395 $38,945 $341,450
2022 $37,059 $376,109 $38,946 $337,163
2021 $43,244 $352,524 $38,946 $313,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10759790

Real Estate Board of New York (REBNY)

APN: 0700-1106