NOT LISTED FOR SALE

551 W 21st St Unit 6C New York, NY 10011

Chelsea Neighborhood

Estimated Value: $4,836,000 - $7,266,000

3 Beds
3 Baths
3,016 Sq Ft
$6,014/mo HOA Fee

Last Sold June 02, 2022

Last sale price $5,495,000 $1,822 Per Sq Ft

Current estimated payment $41,736/month

294 Days on Market

Highlights

  • Rooftop Deck
  • River View
  • Central Air
  • P.S. 11 Sarah J. Garnet School Rated A
  • Entrance Foyer
  • 2-minute walk to Chelsea Waterside Park

About This Home

As of June 2022

Parking Spot Sold With Apartment!

Live in one of Chelsea's newest premier buildings, where stunning architectural details and modern style blend to create a timeless design. This magnificent residence at 551 West 21st Street boasts a sprawling 3,016 square foot interior with three bedrooms and three full bathrooms.

Upon entering directly into the home via key-locked elevator, one is welcomed by a gracious 35-foot long gallery. This elegant runway, perfectly suited to display all of your artwork, stretches into a sun-filled great room with wall to wall windows and white oak herringbone floors.

The chef's kitchen is replete with the finest quality finishes including Molteni & C | Dada custom oak cabinetry, beveled Blanco de Macael marble countertops and backsplash, SubZero refrigerator, a Gaggenau cooktop, sprawling center island, two Miele convection ovens, and two Miele dishwashers.

Privately tucked away from the entertainment areas are three bedrooms and three bathrooms. The primary suite features an enormous dressing area with custom millwork and a spa-like bathroom showcasing views of Hudson Yards and outfitted with a freestanding soaking tub, radiant heated Luna Black granite floors, Quarella stone tiles, and Dornbracht fixtures. It also includes an enclosed walk-in shower and WC, both with floor-to-ceiling translucent glass doors. The second bedroom suite offers a walk-in shower in the bathroom and plentiful closet space. The third bedroom is complete with beautiful built-ins and views of downtown and the iconic Hudson River.

Other details of the residence include a third full guest bath, laundry room, and central air and heating. Private parking spot is sold with the unit with a monthly maintenance charge of $650/ month.

Built in 2015 by the illustrious Foster + Partners, 551 West 21st Street is a 19-story luxury condominium unparalleled in its design. The building takes full-service to a new level with a porte-cochre entrance, full-time doorman, concierge, porter, valet services, and live-in super. Additional offerings include a state-of-the-art fitness center and yoga room, spa, resident's lounge, children's playroom, and bike storage.

Located just across the street from 551 West 21st Street are the famed High Line and Chelsea Piers, proposing endless activities. The building is situated within short walking distance to the A/C/E trains, West Side Highway, Meatpacking District, West Village, and Hudson Yards. Please contact the seller's agent to schedule a private showing or request a virtual tour of the property. Photos are of unit 7C which is the same line.

Last Agent to Sell the Property

Stephen Ferrara

Compass License #10401243834 Listed on: 06/09/2021

Compass

Co-Listed By

Clayton Orrigo

Compass License #10401238394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,228

Year Built

  • Built in 2015

Lot Details

  • 0.4

HOA Fees

  • $6,014 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 3,016 Sq Ft Home
  • Entrance Foyer
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 693

Community Details

Overview

  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Rooftop Deck
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,228

Year Built

Built in 2015

Lot Details

0

HOA Fees

$6,014 per month

Listing Details

  • Cross Street: Tenth Avenue/Eleventh Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 3016.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6014.0
  • 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: 19
  • Year Built: 2015

Tax Info

  • Tax Block: 693
  • Tax Lot: 7502
  • Tax Annual: 63228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 1, 2022
Sold by
10151706C Llc
Bought by
Mcgowan Martin and Sweeney Kathryn
Seller's Agent
Stephen Ferrara
Compass
List Price
$5,495,000
Sold Price
$5,495,000
Current Estimated Value
$5,475,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,897
Avg. Annual Appreciation
-0.72%
Original Mortgage
$2,500,000
Outstanding Balance
$2,385,101
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,984,114

Purchase Details

Closed on
Jan 19, 2018
Sold by
551 West 21St Street Owner Llc
Bought by
10151706C Llc
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
Mcgowan Martin $4,900,000 --
10151706C Llc $7,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Martin $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $5,495,000 0.0% $1,822 / Sq Ft
06/10/2021 06/10/21 For Sale $5,495,000 -- $1,822 / 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 $68,939 $537,410 $102,400 $435,010
2024 $68,939 $551,426 $102,400 $449,026
2023 $46,427 $549,071 $102,400 $446,671
2022 $64,314 $525,653 $102,400 $423,253
2021 $63,228 $515,433 $102,400 $413,033
2020 $65,755 $574,782 $102,400 $472,382
2019 $64,227 $574,137 $102,400 $471,737
2018 $62,507 $516,760 $102,400 $414,360
2017 $59,718 $485,119 $102,400 $382,719
2016 $46,088 $388,695 $102,400 $286,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10774495

Real Estate Board of New York (REBNY)

APN: 0693-1119