$5,125,000
SOLD JUL 15, 2016
Last list price

551 W 21st St Unit 4A New York, NY 10011

Chelsea Neighborhood
2 Beds
3 Baths
2,113 Sq Ft
$3,389/mo HOA Fee

Recently Sold

33 Days on Market

Highlights

  • Newly Remodeled
  • Garage
  • 2-minute walk to Chelsea Waterside Park
  • P.S. 11 Sarah J. Garnet School Rated A
  • West Facing Home

About This Home

As of July 2016

Assignment opportunity. With expansive windows framing views to the west and east, this split two bedroom, two and a half bathroom residence features stately, column-free spaces of grand scale for modern living and entertaining. Custom designed interiors by Foster Partners include beautifully proportioned rooms with over ten-foot ceilings, a distinctive windowed foyer with integrated cove lighting and millwork, a dramatic 33'x17' west-facing living room, and a top-of-the-line kitchen with beveled Blanco de Macael marble countertops and natural oak cabinetry by Molteni.

A gracious master bedroom features closets with custom millwork by Foster Partners, a luxurious master bathroom oasis with stone floors and a custom Corian vanity with integrated lighting. Other features include an enclosed shower and water closet with custom designed floor to ceiling translucent glass doors. The large secondary bedroom has a full walk-in closet, an en suite bath with Travertino Striato stone floors and elegant Dornbracht fixtures.

With rich materials throughout, this exceptional home offers spaces that are akin to a more elegant era, reinterpreted through the architect's modernist sensibility: oak running bond floors frame these distinctive rooms while the luminous metal fade frames the western and eastern views. Additionally, this residence is fully integrated with pre-wiring for the most advanced home technology systems.

Building description:

19 Stories. 44 Exceptional Residences. Overlooking the Hudson River in West Chelsea with a private, gated drive court, 551 West 21st Street provides an urbane setting in one of the most vibrant and sought after neighborhoods in the world.

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 a concierge, porter and valet services, a state-of-the-art fitness center with a his and her spa, yoga room, residents' lounge, children's playroom, parking for the residents , bike storage, a live-in super and a dedicated, separate service entrance. Occupancy anticipated for summer 2016.

Subject to availability and additional cost.

Last Agent to Sell the Property

Erin Aries

Douglas Elliman Real Estate License #30AR1134386 Listed on: 05/13/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,860

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $3,389 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 2,113 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Community Details

  • 44 Units
  • 551W21 Condos
  • Chelsea Subdivision
  • 19-Story Property

Listing and Financial Details

  • Tax Block 00693

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,860

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$3,389 per month

Listing Details

  • Cross Street: 11th Avenue
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Living Area: 2113.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3389.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: 551W21
  • Units: 44
  • Total Stories: 19
  • Year Built: 2015

Tax Info

  • Tax Block: 00693
  • Tax Annual: 31860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Oct 6, 2021
Sold by
Lisa Tananbaum Trustee
Bought by
Kane David
Seller's Agent
Nick Gavin
Compass
List Price
$3,155,000
Sold Price
$3,155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,000,000
Outstanding Balance
$1,835,645
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,274,501

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 30, 2016
Sold by
551 West 21St Street Owner Llc
Bought by
Harteveldt As Trustee Robert and Shapiro, As Trustee, Thomas
Seller's Agent
Erin Aries
Douglas Elliman Real Estate
List Price
$5,125,000
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 Type Sale Price Title Company
Deed $3,155,000 --
Deed $3,805,405 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Pending -- -- --
05/21/2024 05/21/24 For Sale $4,150,000 -19.0% $1,964 / Sq Ft
07/15/2016 07/15/16 Sold -- -- --
06/15/2016 06/15/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $5,125,000 -- $2,425 / 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 $49,532 $386,118 $73,572 $312,546
2024 $49,532 $396,189 $73,572 $322,617
2023 $48,393 $394,496 $73,572 $320,924
2022 $46,208 $377,671 $73,572 $304,099
2021 $45,428 $370,329 $73,572 $296,757
2020 $47,244 $412,969 $73,572 $339,397
2019 $46,145 $412,506 $73,572 $338,934
2018 $44,910 $371,282 $73,572 $297,710
2017 $42,906 $348,549 $73,572 $274,977
2016 $33,113 $279,270 $73,573 $205,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10008636

Real Estate Board of New York (REBNY)

APN: 0693-1108