NOT LISTED FOR SALE

Estimated Value: $3,727,000 - $6,518,000

3 Beds
3.5 Baths
2,535 Sq Ft
$3,830/mo HOA Fee

Last Sold July 15, 2024

Last sale price $5,650,000 $2,229 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $38,277/month

48 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Storage
  • P.S. 11 Sarah J. Garnet School Rated A
  • Entrance Foyer
  • 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 4AW is 2,535 SF with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature private courtyard views, a 27-foot corner great room with fireplace, a kitchen with a custom Olson Kundig-designed Jackbox and 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: 01/17/2024

CORE Group Marketing LLC

Co-Listed By

Shaun Osher

CORE Group Marketing LLC License #49OS1065721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,208

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,792

HOA Fees

  • $3,830 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 2,535 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Storage
  • Laundry in unit
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 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

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,208

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$3,830 per month

Listing Details

  • Exposures: North,South
  • 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: Entrance Foyer, Elevator, Pantry, Storage, Walk-In Closet(s)
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 2535.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • 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: 3830.0
  • 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: 53208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jul 15, 2024
Sold by
22Nd And 11Th Associates Llc
Bought by
Fischer Charla and Fischer Eric
Seller's Agent
The Cortland Sales Office
CORE Group Marketing LLC
List Price
$5,650,000
Sold Price
$5,650,000
Views
12
Current Estimated Value
$5,394,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$255,035
Avg. Annual Appreciation
-5.17%
Original Mortgage
$3,955,000
Outstanding Balance
$3,917,925
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,411,618
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
Fischer Charla $5,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Charla $3,955,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $5,650,000 0.0% $2,229 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $5,650,000 -- $2,229 / 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 $60,629 $491,077 $34,240 $456,837
2024 $60,629 $484,951 $34,240 $450,712
2023 $58,314 $466,439 $31,132 $435,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10988113

Real Estate Board of New York (REBNY)

APN: 0694-1111