Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 W 22ND Street #FL5
Closed For Sale Condo

$4,350,000

$1,472 per sq ft

525 W 22ND Street #FL5

Chelsea, Manhattan

SPEARS CONDOMINIUM

MLS® #RLS10957585

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

2,956

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,956 sq ft
Year Built 1930
Ownership Condo
HOA/Common Charges $3,308/mo
Property Taxes Contact for details
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Views: Other
  • Exposure: North,West facing
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 2 Full
Floor 5 of 6
View Other
Exposure North,West
Pets Yes
Year Built 1930
Living Area 2,956 sq ft
Architectural Style Loft
Basement Other
Block/Lot 00694/1234

Listing History

Event Date Price Change
Listed Nov 11, 2023 $5,250,000 -
Currently Apr 28, 2026 $4,350,000 -17.1%

Description

CONTRACT SIGNED with multiple offers

Once in a lifetime a unique loft space comes on market priced to move right in. Experience nearly 3000+- SF / 279+- SqM of pure love in the iconic Spears Building where pre-war meets modern loft living, at 525 West 22nd Street, New York, NY 10011. Located right next to the Highline, this well run full-service Boutique Condominium in prime West Chelsea's art district offers some of New York's best art galleries, top eateries and iconic streetscapes just outside your door.

Perched on the serene side of the building, this extraordinary residence, currently staged as an immense 3 bedroom, features an awe-inspiring great room with original beamed ceilings, oversized windows, wood-burning fireplace and an immense footprint for gracious entertaining, with plenty of wall space for your art. Dramatic oversized bedrooms enjoy pin-drop quiet, excellent natural light and plenty of customized closets, while the romantic primary suite, situated at the end of a private hall offers tons of bright open space, amazing closets and a stunning spa-like bath right out of Italy, this sublime windowed retreat features two elegant sinks, an enormous soaking tub, large separate shower and tons of hidden storage. The secondary bedroom offers direct views onto the Highline and has space for a desk, separate seating area or reading nook, while the dreamy adjacent den complete with wet bar, butler's pantry and wine fridge, could easily be utilized as a 3rd flex bedroom, formal dining room, library or home office. As well, the wet bar can convert to a 3rd full bathroom, with approval, whilst keeping the ambiance of luxury loft living.

Built in 1880 as a commercial manufacturing building and converted to a full-service Boutique Condominium in 1996, the Spears Building is compromised of 30 loft residences in a 6 story building with a beautifully landscaped common roof deck, full-time building manager and 7-day doorman, from 8 AM to Midnight. Additional perquisites include a recently completed modernization project resulting in a brand new elevator, updated building mechanicals, newly restored facade, new roof and updated building entrance, while the coveted location and wonderful service team make this one of the most desirable buildings in the area.

Features & Amenities

Interior Features

Separate Formal Dining Room Smoke Free Building None Washer Hookup In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $3,308/mo
RE Taxes Contact for details
Original Price $5,250,000
Sale Price $4,350,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

306

Median Asking Price

$1.90M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

21

Price Reduced

33%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 11:17 AM EST

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Location

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525 W 22ND Street #FL5, Chelsea, New York County

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
6
Floors
30
Residential Units
M1-5
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $14,991,759
Land Value: $2,821,504
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 19,503 SF
Building Area: 88,671 SF
Built FAR: 4.55

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $3,308 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 2,956 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,350,000 for 2,956 sq ft, the asking price per square foot is approximately $1,472. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10957585
First Listed: 11/11/2023
On Market: 11/11/2023
Closed: 5/9/2024
Contract Date: 11/11/2023

Listing Courtesy of Douglas Elliman Real Estate - Lydia Sussek

Listing Contact: (917) 721-7853

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 3:17 PM UTC

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