NOT LISTED FOR SALE

551 W 21st St Unit 3E New York, NY 10011

Chelsea Neighborhood

Estimated Value: $2,442,183 - $2,745,000

1 Bed
1.5 Baths
1,521 Sq Ft
0.4 Acres

Last Sold May 24, 2017

Last sale price $2,800,000 $1,841 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $17,171/month

Highlights

  • Rooftop Deck
  • 17,388 Sq Ft lot
  • Courtyard
  • P.S. 11 Sarah J. Garnet School Rated A
  • Eat-In Kitchen
  • 2-minute walk to Chelsea Waterside Park

About This Home

As of August 2021

This 1,521 Sq Ft residence features a 36-foot long by 15-foot wide living room with solid oak floors and over ten-foot ceilings with floor to ceiling windows. This expansive south-facing and corner 1-bedroom 1.5 bathroom home is defined by perfectly scaled, column-free space and incredible top of the line finishes.

Expertly designed interiors by Foster + Partners include a grand entry gallery, , large closets, a Molteni kitchen with Blanco de Macael marble countertops and natural oak cabinetry, as well as custom cove lighting and detailed millwork in the foyer. In addition to a Sub-Zero refrigerator/freezer and a Miele oven and dishwasher, the home's large eat-in kitchen features a Gaggenau cook top and Falmec extraction hood. A separate laundry room with side-by-side Miele washer and dryer conveniently sits off of the grand gallery.

The master bedroom features a walk-in closet and a luxurious master bathroom with stone floors and a Kohler enameled cast-iron bathtub. The large powder room has elegant polished-chrome Dornbracht fixtures. This unique residence has customized motorized privacy shades throughout, and central AC and Heat.

Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street features a private, gated drive court surrounded by a twenty-foot green wall and a dramatic, awe-inspiring thirty-four-foot, double height lobby with grand chandelier. Additional amenities include full-time doorman and concierge, a state-of-the-art fitness center with a his and her sauna and steam rooms, yoga room, residents' lounge, children's playroom, parking, bike storage, a live-in super and a dedicated, separate service entry.

Last Agent to Rent the Property

Erin Aries

Douglas Elliman Real Estate License #30AR1134386 Listed on: 06/02/2021

Douglas Elliman Real Estate

Co-Listed By

Dustin Crouse

Douglas Elliman Real Estate License #10301213122

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,393

Year Built

  • Built in 2015

Lot Details

  • 0.4

Parking

  • Garage

Interior Spaces

  • 1,521 Sq Ft Home
  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Courtyard
  • Central Air

Listing and Financial Details

  • Property Available on 6/2/21
  • Tax Block 00693

Community Details

Overview

  • 44 Units
  • Chelsea Subdivision
  • 20-Story Property

Amenities

  • Rooftop Deck
  • Courtyard

Condo Details

Home Type

Condominium

Est. Annual Taxes

$36,393

Year Built

Built in 2015

Lot Details

0

Rental Info

  • Available Date: 2021-06-02

Listing Details

  • Exposures: South,West
  • Property SubType: Loft
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1521.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 17388.0
  • Lot Size Dimensions: 156.95 x 105.86

Building Info

  • New Construction: No
  • Units: 44
  • Total Stories: 20
  • Year Built: 2015

Tax Info

  • Tax Block: 00693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
May 24, 2017
Sold by
551 West 21St Street Owner Llc
Bought by
Diaz Santiago Galaz and Segurola Beatriz Cancio
Seller's Agent
Erin Aries
Douglas Elliman Real Estate
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%
Total Days on Market
46
Current Estimated Value
$2,594,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$205,204
Avg. Annual Appreciation
-1.66%
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
Diaz Santiago Galaz $2,853,850 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Rented -- -- --
07/19/2021 07/19/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $8,400 -20.0% --
06/01/2019 06/01/19 Rented -- -- --
05/02/2019 05/02/19 Under Contract -- -- --
01/14/2019 01/14/19 For Rent $10,500 0.0% --
05/24/2017 05/24/17 Sold $2,800,000 -20.0% $1,841 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
11/12/2015 11/12/15 For Sale $3,500,000 -- $2,301 / 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 $36,393 $283,696 $54,056 $229,640
2024 $36,393 $291,094 $54,056 $237,038
2023 $29,334 $289,851 $54,056 $235,795
2022 $28,009 $277,490 $54,056 $223,434
2021 $33,378 $272,095 $54,056 $218,039
2020 $28,329 $303,424 $54,056 $249,368
2019 $27,971 $303,084 $54,056 $249,028
2018 $32,997 $272,795 $54,056 $218,739
2017 $31,524 $256,092 $54,056 $202,036
2016 $24,329 $205,190 $54,056 $151,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10871058

Real Estate Board of New York (REBNY)

APN: 0693-1105