NOT LISTED FOR SALE

Estimated Value: $5,347,230 - $8,676,000

3 Beds
3.5 Baths
2,430 Sq Ft
$4,388/mo HOA Fee

Last Sold July 28, 2023

Last sale price $8,750,000 $3,601 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $46,972/month

Highlights

  • New Construction
  • Rooftop Deck
  • Balcony
  • P.S. 11 Sarah J. Garnet School Rated A
  • River View
  • 2-minute walk to Chelsea Waterside Park

About This Home

As of July 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 12CW is 2,430 SF with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox and a walk-in pantry, warm wood flooring, and floor-to-ceiling windows.

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: 05/08/2023

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52,284

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.77

HOA Fees

  • $4,388 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 2,430 Sq Ft Home
  • Entrance Foyer
  • River Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 00694

Community Details

Overview

  • 144 Units
  • Chelsea Subdivision
  • 25-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$52,284

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$4,388 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2430.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4388.0
  • 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: Yes
  • Units: 144
  • Total Stories: 25
  • Year Built: 2022

Tax Info

  • Tax Block: 00694
  • Tax Annual: 52284.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 26, 2023
Sold by
22Nd And 11Th Associates Llc
Bought by
12Cw Cortland Llc
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$8,750,000
Sold Price
$8,750,000
Total Days on Market
0
Views
72
Current Estimated Value
$6,606,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,143,192
Avg. Annual Appreciation
-14.09%
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
12Cw Cortland Llc $8,753,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $8,750,000 0.0% $3,601 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $8,750,000 -- $3,601 / 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 $65,965 $527,632 $37,253 $490,380
2023 $63,446 $507,490 $33,872 $473,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10872514

Real Estate Board of New York (REBNY)

APN: 6201-0000-00694-000-0001202