$7,500,000

551 W 21st St Unit 8B New York, NY 10011

Chelsea Neighborhood

Estimated payment $51,330/month

Total Views 3,497
2 Beds
2.5 Baths
2,425 Sq Ft
$3,093 Price per Sq Ft

Highlights

  • Concierge
  • Steam Room
  • Game Room
  • P.S. 11 Sarah J. Garnet School Rated A
  • River View
  • 2-minute walk to Chelsea Waterside Park

About This Home

At 2,425 square feet, this impeccably designed two-bedroom, two-and-a-half-bathroom home with a separate library/den is perfectly located on the best block of the West Chelsea waterfront. Beautifully scaled and masterfully designed by the architects of Foster + Partners, the residence includes a magnificent 26' x 19' southwest-facing corner living room, overlooking the Hudson River, downtown Manhattan and beyond. The fully appointed kitchen with beveled marble countertops and backsplash, and a generous library/home-office/media room complete the apartment's entertainment and living spaces.

A gracious master bedroom features a fully finished dressing room with extensive custom millwork by Foster + Partners. The luxurious master bathroom includes a stately entrance through 9' double doors, a freestanding tub, radiant heated Luna Black granite floors, as well as 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 secondary bedroom has an en-suite bath with Travertino Striato stone floors and elegant Dornbracht fixtures.

With just 42 private homes overlooking the Hudson River in West Chelsea, 551 West 21st Street is the highest performing new development along West Chelsea's Architect's Row. An exclusive and urbane setting, 551 is ideally located on Manhattan's waterfront and a premier block in one of the most vibrant and sought-after neighborhoods in the world. The building is perfectly located in the West Chelsea Arts District, with top gallerists from Paula Cooper, Barbara Gladstone, Larry Gagosian and David Zwirner all as neighbors; additional nearby attractions include the High Line Park, the High Lines Hotel, and countless restaurants and shopping.

Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street features a gated drive court with 24/7 valet parking and surrounded by a 20-foot green wall, a dramatic awe-inspiring 34-foot, double height lobby with custom designed chandelier and a prismatic glass wall allowing natural light to flood the space. Additional amenities include full-time doorman and concierge, porter and valet services, a state-of-the-art fitness center with spa and sauna, treatment room, yoga and pilates room, golf simulator, billiards and residents' lounge, bike storage, a live-in super and a dedicated, separate service entrance.

Parking in the building is available for purchase, providing an immediate escape in and out of the City via the West Side Highway.

Listing Agent

Dustin Crouse

Douglas Elliman Real Estate License #10301213122 Listed on: 01/31/2025

Douglas Elliman Real Estate

Co-Listing Agent

Erin Aries

Douglas Elliman Real Estate License #30AR1134386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,482

Year Built

  • Built in 2015

HOA Fees

  • $5,477 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River
  • City

Home Design

  • 2,425 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1113 / 00693

Community Details

Overview

  • 44 Units
  • High-Rise Condominium
  • 551 W 21 Condos
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Concierge
  • Steam Room
  • Sauna
  • Game Room
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,482

Year Built

Built in 2015

Lot Details

0

HOA Fees

$5,477 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 8
  • Structure Type: High Rise
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2425.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City, Panoramic, River
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Game Room, Kitchen Facilities, Sauna, Spa/Hot Tub, Steam Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5477.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 551 W 21
  • Community Features: Sauna
  • Units: 44
  • Spa Features: Sauna
  • Total Stories: 19
  • Year Built: 2015

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00693
  • Tax Lot: 1113

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $57,482 $448,096 $85,382 $362,714
2024 $57,482 $459,782 $85,382 $374,400
2023 $56,161 $457,819 $85,382 $372,437
2022 $53,625 $438,293 $85,382 $352,911
2021 $52,720 $429,772 $85,382 $344,390
2020 $54,827 $479,257 $85,382 $393,875
2019 $53,552 $478,719 $85,382 $393,337
2018 $52,119 $430,877 $85,381 $345,496
2017 $49,793 $404,495 $85,382 $319,113
2016 $38,428 $324,096 $85,382 $238,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 For Sale $7,500,000 +20.0% $3,093 / Sq Ft
11/29/2016 11/29/16 Sold -- -- --
10/30/2016 10/30/16 Pending -- -- --
03/25/2014 03/25/14 For Sale $6,250,000 -- $2,577 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $6,173,141 --
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11031848

Real Estate Board of New York (REBNY)

APN: 0693-1124