NOT LISTED FOR SALE

Estimated Value: $2,869,000

5 Beds
12.5 Baths
11,000 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $15,000,000 $1,364 Per Sq Ft

Current estimated payment $17,886/month

About This Home

As of March 2023

Incredibly designed and newly constructed Southern Chelsea mansion boasts approximately 11,000 square feet of stunning renovated interiors, with a home theater, private garage, indoor resistance pool, sauna, wine cellar, elevator and approximately 2,000 square feet of incredible outdoor space. This is truly the definition contemporary city design with refined and luxury living. Every inch of this 25 wide, 6-story townhouse with its 5 bedrooms and 12 bathrooms has been uniquely designed, to create an unmatched living experience. Cutting-edge features include a commercial-grade glass elevator that serves every level from the cellar to the roof deck, advanced smart home automation, security system, Siedel video intercom panels, sound system, radiant heated marble floors, and a backup home generator. The finest finishes were carefully curated throughout the residence, including a custom DaVinci fireplace, imported Italian doors with Swarovski crystal handles, wet bars with concealed sinks, a stunning Italian Stella chandelier, soft-close drawers, double-pane floor-to-ceiling windows, rooftop Jacuzzi tub, and mosaic bathrooms crafted in exquisite artful designs. Located in the heart of southern Chelsea, 357 West 17th Street and is surrounded by some of the city's most fantastic restaurants, bars, cafes, and shops. The residence is just a couple blocks from the High Line and Chelsea Market, and is in very close walking distance to the Hudson River, Meatpacking District, and the West Village.

LAYOUT:CELLAR:A fully-finished cellar comes with a home gym, resistance swimming pool, sauna, 400+-bottle climate-controlled wine cellar, laundry room with a commercial- grade washer/dryer and utility sink, spacious spa lounge with a separate dressing room or service suite, full bath, and a powder room.

FIRST FLOOR: Enter into the grand lobby adorned with marble floors, and with dramatic, nearly 13 ceilings. You will find a glass-enclosed garage, a spectacular home theater with 3D-HD projection, and a THX Dolby surround-sound system. This level also features an elegant powder room, lined with beautiful mosaic tile.

SECOND FLOOR: An entertainers delight, the very spacious living room features a stunning DaVinci fireplace and powder room, while the oversized eat-in kitchen is equipped with a pair of huge waterfall islands, sleek black St. Laurent marble countertops, a huge pantry, two sinks, access to an enclosed dining terrace with a grill, and a suite of fully-integrated appliances by Miele and Gaggenau, including dual wall-mounted ovens and two refrigerators.

THIRD FLOOR: Ideal for multi-level entertaining, the formal dining room is open to the below kitchen, anchored by a stunning Italian Stella chandelier, which cascades between both floors. A full wet bar, elegant powder room, and a pair of bedrooms with private closet space and full en-suite bathrooms complete the Third Floor.

FOURTH FLOOR: The Fourth Floor is dedicated to the homes elegant master suite. Complete with a magnificent bedroom, home office, a large dressing area, wet bar, and a massive full bathroom plus a powder room. The one-of-a-kind marble master bathroom boasts stunning mosaic tile, dual toilets and vanities, a lavish free-standing soaking tub, and a massive, multi-jet walk-in shower.

FIFTH FLOOR: The Fifth Floor boasts a sophisticated library/home office with a bar and private terrace, plus two gracious bedrooms, each with en suite bathrooms and abundant closets.

ROOF DECK: At the top of this wonderful home sits a stunning roof deck with gorgeous views of the Empire State Building, Hudson Yards, The Highline, and city streetscape. The stunning planted roof deck boasts a hot tub and ample space for lounging and dining.

Last Agent to Rent the Property

Lila Nejad

Douglas Elliman Real Estate License #10301222979 Listed on: 09/26/2022

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $168,562

Year Built

  • 1920

Home Design

  • 11,000 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • Chelsea Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 10/10/22
  • Tax Block 00741

Home Details

Home Type

Single Family

Est. Annual Taxes

$168,562

Year Built

1920

Lot Details

0

Rental Info

  • Available Date: 2022-10-10

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5
  • Year Built: 1920

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 11000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 12
  • Half Bathrooms: 1
  • Bathrooms Integer: 13
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 5

Tax Info

  • Tax Block: 00741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Jul 7, 2020
Sold by
Chelsea Boys Developers Llc
Bought by
357 West 17Th St Llc
Seller's Agent
Lila Nejad
Douglas Elliman Real Estate
Sold Price
$64,000
Current Estimated Value
$2,869,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,805,000
Avg. Annual Appreciation
-26.81%

Purchase Details

Closed on
Dec 16, 2014
Sold by
357 West 17 Llc
Bought by
Chelsea Boys Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,723,364
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 1995
Sold by
Sterling Commercial Capital Inc
Bought by
357 West 17 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
7.31%
Mortgage Type
Seller Take Back
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
357 West 17Th St Llc $14,999,900 --
Chelsea Boys Developers Llc $9,350,000 --
Rashid Karim -- --
357 West 17 Llc $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chelsea Boys Developers Llc $4,723,364
Previous Owner 357 West 17 Llc $477,000
Closed Chelsea Boys Developers Llc $6,376,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Rented $95,000 -17.4% --
09/26/2022 09/26/22 For Rent $115,000 +70.4% --
08/13/2020 08/13/20 Rented -- -- --
07/14/2020 07/14/20 Under Contract -- -- --
07/11/2020 07/11/20 For Rent $67,500 0.0% --
07/07/2020 07/07/20 Sold $15,000,000 0.0% $1,364 / Sq Ft View Prior Sale
03/04/2020 03/04/20 Pending -- -- --
01/09/2009 01/09/09 For Sale $15,000,000 -- $1,364 / 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 $168,562 $874,192 $251,385 $622,807
2024 $168,562 $839,245 $552,000 $581,068
2023 $163,746 $806,275 $207,321 $598,954
2022 $146,750 $1,776,720 $552,000 $1,224,720
2021 $155,543 $1,601,580 $552,000 $1,049,580
2020 $154,200 $1,727,760 $552,000 $1,175,760
2019 $146,301 $1,339,920 $552,000 $787,920
2018 $136,966 $671,896 $446,346 $225,550
2017 $131,682 $645,976 $456,240 $189,736
2016 $93,080 $465,612 $426,699 $38,913
2015 $65,556 $428,764 $200,916 $227,848
2014 $65,556 $404,496 $198,050 $206,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10834610

Real Estate Board of New York (REBNY)

APN: 0741-0005