NOT LISTED FOR SALE

Estimated Value: $3,855,853 - $5,288,000

2 Beds
2.5 Baths
1,599 Sq Ft
$2,772/mo HOA Fee

Last Sold April 10, 2024

Last sale price $5,200,000 $3,252 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $32,679/month

25 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Home Gym
  • P.S. 11 Sarah J. Garnet School Rated A
  • River View
  • 2-minute walk to Chelsea Waterside Park

About This Home

As of April 2024

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 15BW is 1,559 SF with two bedrooms and two-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a kitchen with a custom Olson Kundig-designed Jackbox, 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: 02/14/2024

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,508

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,792

HOA Fees

  • $2,772 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,599 Sq Ft Home
  • Home Theater
  • Storage
  • Laundry in unit
  • Home Gym
  • Dishwasher
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • West Facing Home
  • Central Air

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 0005 / 00694

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,508

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$2,772 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Interior Features: Elevator, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 1599.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Dining Room Type: Gym, Media Room

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2772.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 4937.0
  • Lot Size Dimensions: 50.0 x 98.75

Building Info

  • New Construction: Yes
  • Building Name: The Cortland
  • Units: 144
  • Total Stories: 25
  • Year Built: 2022

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 00694
  • Tax Lot: 0005
  • Tax Annual: 38508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 10, 2024
Sold by
22Nd And 11Th Associates Llc
Bought by
Effet Usa Llc
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$5,250,000
Sold Price
$5,200,000
Premium/Discount to List
-$50,000
-0.95%
Total Days on Market
25
Views
15
Current Estimated Value
$4,676,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$523,787
Avg. Annual Appreciation
-8.82%
Source: Public Records

Similar Homes in the area

  • 15 W 20th St Unit 8B, New York, NY 10011

    $4,200,000

    • 3 Beds
    • 3 Baths
    • 2,320 Sq Ft
    • 15 W 20th St
    • Unit 8B
    • New York, NY

    Luxurious Flatiron floor-through loft right off Fifth Avenue, in the boutique Altair 20 Condominium featuring private keyed elevator access directly into the home, wide-plank wood floors, a gas fireplace in the living room, and high 10' ceilings. With over 2.300-square-feet of interior space, enjoy an incredibly spacious living/dining room area with fantastic southern light and room for a formal

    Philip Hordijk Leven Real Estate

    Section Image
  • 7 E 20th St Unit 7R, New York, NY 10003

    $3,700,000

    • 2 Beds
    • 2.5 Baths
    • 2,420 Sq Ft
    • 7 E 20th St
    • Unit 7R
    • New York, NY

    New to market!Welcome to Unit 7R at the Holtz House, a distinguished condominium nestled in the heart of Manhattan's vibrant Flatiron District. This expansive 2,420-square-foot residence offers a harmonious blend of classic charm and modern comforts, providing a truly exceptional downtown living experience. This stunning home features elegant living & dining, 2 bedrooms + den (convertible 3), 2

    Sonal Patel Elegran LLC

    Section Image
  • 525 Broome St Unit 6, New York, NY 10013

    $5,495,000

    • 4 Beds
    • 3.5 Baths
    • 525 Broome St
    • Unit 6
    • New York, NY

    Just Reduced - Priced to Sell! Authentic Luxury - Have It ALL! 4 Bed/3.5 Bath + Den AWEthentic and AWEsome SoHo Penthouse Loft CONDO with large private Terrace and Wood Burning Fireplace! Located in the heart of SoHo, experience this stunning penthouse loft with an expansive outdoor terrace. A keyed elevator opens directly into this grand and glorious home. PH6 has an aesthetic that

    Sarah Thompson Corcoran Group

    Section Image
  • 641 5th Ave Unit 32D, New York, NY 10022

    $4,445,000

    • 2 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 641 5th Ave
    • Unit 32D
    • New York, NY

    Serene, Sophisticated, Urban Oasis! Welcome to your fully renovated, fully furnished, turn-key dream home at the incomparable Olympic Tower! Elegance in this stunning property eagerly awaits someone who appreciates the epitome of refined living. Nestled in the dynamic neighborhood of Fifth Avenue in Midtown Manhattan, this home seamlessly combines luxury, comfort and functionality to create

    Sarah Thompson Corcoran Group

    Section Image
  • 2 River Terrace Unit 4J, New York, NY 10282

    $3,850,000

    • 3 Beds
    • 3.5 Baths
    • 1,842 Sq Ft
    • 2 River Terrace
    • Unit 4J
    • New York, NY

    WATERFRONT LIVING AT IT’S BEST! — 3 bed/3.5 bath plus home office with direct Hudson River views in the Riverhouse, the only LEED Certified Green condominium in North Battery Park / West Tribeca. This highly sought after, rarely available “J” line encompasses almost 1,850sqft and has a loft-like feel with its tall ceilings, large open living/dining area and open spacious kitchen. Nestled in your

    Brian Cushman R New York

    Section Image
  • 2 River Terrace Unit 15 R, New York, NY 10282

    $5,750,000

    • 3 Beds
    • 3 Baths
    • 2,156 Sq Ft
    • 2 River Terrace
    • Unit 15 R
    • New York, NY

    ONE-OF-A-KIND HOME AVAILABLE FOR PURCHASE WITH ICONIC VIEWS, TALL CEILINGS AND TREMENDOUS LIGHT. Loft-like three-bedroom/ three-bath apartment in the Riverhouse, the only LEED-certified green condominium in North Battery Park/West Tribeca. Situated in the West Wing of the Riverhouse where there are only three apartments per floor and accessed by a separate more intimate lobby.Originally

    Brian Cushman R New York

    Section Image
  • 50 West St Unit 43-A, New York, NY 10006

    $3,790,000

    • 2 Beds
    • 3.5 Baths
    • 1,734 Sq Ft
    • 50 West St
    • Unit 43-A
    • New York, NY

    Majestic 2BR/3 BTH Residence at 50 WEST with Breathtaking NYC Skyline and Hudson Views!Step into luxury living at 50 West Street Condominium, a modern architectural masterpiece in New Downtown Manhattan. Apartment 43A, a sophisticated two-bedroom plus home office/third bedroom and three-bathroom residence spanning 1,736 square feet, combines thoughtful design and high-end finishes in a

    Javier Lattanzio Time Equities Brokerage LLC

    Section Image
  • 50 West St Unit 18-B, New York, NY 10006

    $4,940,000

    • 3 Beds
    • 3.5 Baths
    • 2,309 Sq Ft
    • 50 West St
    • Unit 18-B
    • New York, NY

    Apartment 18B at 50 West – A Luxurious, Custom-Designed Southeast-Facing RetreatWelcome to Apartment 18B at 50 West, a stunning three-bedroom, three-and-a-half-bathroom condominium spanning 2,309 square feet. This southeast-facing residence offers views of City Parks and a NYC Harbor, blending modern luxury with thoughtful design.The living room features curved glass windows and

    Javier Lattanzio Time Equities Brokerage LLC

    Section Image
  • 85 Jay St Unit 20FFRONT, New York City, NY 11201

    $4,595,000

    • 3 Beds
    • 3 Baths
    • 85 Jay St
    • Unit 20FFRONT
    • New York City, NY

    Welcome to Front & York, a landmark full-service condominium designed by celebrated architect Morris Adjmi, where timeless architecture meets modern luxury in the heart of DUMBO. Spanning a full city block, the development offers an extraordinary lifestyle defined by thoughtful design and an unmatched suite of amenities. Penthouse 20F in their Front Tower is a luminous three-bedroom,

    Wesley Stanton Douglas Elliman Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Effet Usa Llc $5,200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $5,200,000 -1.0% $3,252 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $5,250,000 -- $3,283 / 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 $43,880 $350,984 $24,781 $326,204
2023 $42,205 $337,586 $22,532 $315,054
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10948053

Real Estate Board of New York (REBNY)

APN: 6201-0000-00694-000-0001214