NOT LISTED FOR SALE

Estimated Value: $5,143,000 - $6,185,000

3 Beds
3.5 Baths
2,305 Sq Ft
$3,632/mo HOA Fee

Last Sold October 26, 2023

Last sale price $6,200,000 $2,690 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $39,354/month

Highlights

  • Rooftop Deck
  • City View
  • Storage
  • P.S. 11 Sarah J. Garnet School Rated A
  • Eat-In Kitchen
  • 2-minute walk to Chelsea Waterside Park

About This Home

As of October 2023

Private In-Person & Virtual Appointments Available – Immediate Occupancy.

Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland, located at 555 W 22nd Street, is striking a new presence on the Hudson waterfront. Hand-crafted and American-made, The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Uniting elegant design and exceptional attention to detail, The Cortland is a building that will stand for generations to come.

Residence 10DE is 2,305 SF with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature north and south exposures, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, floor-to-ceiling windows, and a master suite with double walk-in closets.

The amenity program is the heart of the residential experience at The Cortland. Designed by Olson Kundig and curated by Related Life, the amenities have all the style and sophistication of a private members club in the city.

Developed by Related. The listing images represent various units in the building.

The complete offering terms are in the offering plan available from Sponsor. File No. CD 19-0409.

Last Agent to Sell the Property

The Cortland Sales Office

CORE Group Marketing LLC Listed on: 07/31/2023

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,460

Year Built

  • Built in 2022

Lot Details

  • 0.77

HOA Fees

  • $3,632 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,305 Sq Ft Home
  • Storage
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0005 / 00694

Community Details

Overview

  • 144 Units
  • High-Rise Condominium
  • The Cortland Condos
  • Chelsea Subdivision
  • 25-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,460

Year Built

Built in 2022

Lot Details

0

HOA Fees

$3,632 per month

Parking

1

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 10
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Eat-in Kitchen, Elevator, Kitchen Window, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 2305.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3632.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 4937.0
  • Lot Size Dimensions: 50.0 x 98.75

Building Info

  • New Construction: No
  • Building Name: The Cortland
  • Units: 144
  • Total Stories: 25
  • Year Built: 2022

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00694
  • Tax Lot: 0005
  • Tax Annual: 50460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 26, 2023
Sold by
22Nd And 11Th Associates Llc
Bought by
Sabhnani Rahul and Sabhnani Varsha
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$6,200,000
Sold Price
$6,200,000
Total Days on Market
0
Views
7
Current Estimated Value
$5,510,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$689,900
Avg. Annual Appreciation
-7.11%
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 Buyer Sale Price Title Company
Sabhnani Rahul $6,200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $6,200,000 0.0% $2,690 / Sq Ft
10/26/2023 10/26/23 Off Market $6,200,000 -- --
08/01/2023 08/01/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $6,200,000 -- $2,690 / 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
2024 $57,493 $459,867 $32,468 $427,400
2023 $55,298 $442,312 $29,521 $412,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10916470

Real Estate Board of New York (REBNY)

APN: 6201-0000-00694-000-0001191