NOT LISTED FOR SALE

The Cortland 555 W 22nd St Unit 16 BW New York, NY 10011

Chelsea Neighborhood

Estimated Value: $3,529,000 - $6,193,000

2 Beds
2.5 Baths
1,599 Sq Ft
$2,791/mo HOA Fee

Last Sold July 18, 2024

Last sale price $5,350,000 $3,346 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $32,356/month

Highlights

  • New Construction
  • Community Garden
  • Garden
  • P.S. 11 Sarah J. Garnet School Rated A
  • Storage
  • 1-minute walk to Chelsea Waterside Park

About This Home

As of July 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 16BW is 1,599 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: 07/17/2024

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,772

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Garden

HOA Fees

  • $2,791 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,599 Sq Ft Home
  • Storage
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

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

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,772

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$2,791 per month

Listing Details

  • 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
  • Fireplace: No
  • Living Area: 1599.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Garden
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2791.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • 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: 38772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Jul 9, 2024
Sold by
22Nd And 11Th Associates Llc
Bought by
Calato Us Llc
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$5,350,000
Sold Price
$5,350,000
Current Estimated Value
$4,750,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$599,580
Avg. Annual Appreciation
-11.07%
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
Calato Us Llc $5,350,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $5,350,000 0.0% $3,346 / Sq Ft
07/17/2024 07/17/24 For Sale $5,350,000 -- $3,346 / 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 $44,176 $357,818 $24,948 $332,870
2024 $44,176 $353,355 $24,948 $328,407
2023 $42,490 $339,865 $22,683 $317,182
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Cortland Sales Office

    CORE Group Marketing LLC

    (212) 688-2200

    119 in this area

    119 Total Sales

    The Cortland Sales Office
    Section Image
  • Shaun Osher

    Seller Co-Listing Agent in 2024

    Shaun Osher

    CORE Group Marketing LLC

    (917) 751-2848

    125 in this area

    145 Total Sales

    Shaun Osher
    Section Image
See All Agents

About The Cortland

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10990667

Real Estate Board of New York (REBNY)

APN: 0694-1220

New York New York County New York 10011 Chelsea

555 W 22nd St Unit 16 BW, New York, NY

This home is located at 555 W 22nd St Unit 16 BW, New York, NY 10011 since 17 July 2024 and is currently estimated at $4,750,420, approximately $2,970 per square foot. This property was built in 2022. 555 W 22nd St Unit 16 BW is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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