NOT LISTED FOR SALE

Estimated Value: $3,762,000 - $6,452,000

2 Beds
2.5 Baths
1,599 Sq Ft
$2,811/mo HOA Fee

Last Sold July 31, 2024

Last sale price $5,550,000 $3,471 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $33,173/month

4 Days on Market

Highlights

  • New Construction
  • Spa
  • Open Floorplan
  • P.S. 11 Sarah J. Garnet School Rated A
  • River View
  • 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 17BW 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: 06/12/2024

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,048

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,792

HOA Fees

  • $2,811 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,599 Sq Ft Home
  • Open Floorplan
  • Storage
  • Laundry in unit
  • Wood Flooring
  • River Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Spa
  • West Facing Home
  • 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

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,048

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$2,811 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: Eat-in Kitchen, Elevator, Open Floorplan, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • 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

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance (2) Fee Frequency: Monthly
  • Common Charge/Maintenance Fee: 2811.0
  • 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
  • Spa: Yes
  • Total Stories: 25
  • Year Built: 2022

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 00694
  • Tax Lot: 0005
  • Tax Annual: 39048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 31, 2024
Sold by
22Nd And 11Th Associates Llc
Bought by
Cortland 17B Inc
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$5,550,000
Sold Price
$5,550,000
Views
2
Current Estimated Value
$4,891,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$658,179
Avg. Annual Appreciation
-11.23%
Source: Public Records

Range of Values:

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Average Value
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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
Cortland 17B Inc $5,550,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $5,550,000 0.0% $3,471 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $5,550,000 -- $3,471 / 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 $44,496 $360,410 $25,129 $335,281
2024 $44,496 $355,914 $25,129 $330,786
2023 $42,798 $342,327 $22,848 $319,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970859

Real Estate Board of New York (REBNY)

APN: 0694-1226