Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed August 3, 2016

520 W 23RD Street #5C
Closed For Sale Condop

$1,200,000

$1,347 per sq ft

520 W 23RD Street #5C

Chelsea, Manhattan

MARAIS, THE

MLS® #RLS10102842

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

891

Sq. Ft.

2002

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 891 sq ft
Year Built 2002
Ownership Condop
HOA/Common Charges $2,215/mo
Neighborhood Chelsea

Property Highlights

  • Exposure: North facing

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths null Full
Exposure North
Pets Yes
Cross Street Tenth Avenue/Eleventh Avenue
Year Built 2002
Living Area 891 sq ft
Parcel # 0694-0042-00520-000-000005C

Listing History

Event Date Price Change
Listed Oct 8, 2015 $1,200,000 -
Currently May 14, 2026 $1,200,000 -

Description

TENANT HAS MOVED OUT AND APARTMENT IS FINALLY AVAILABLE FOR SHOWINGS.

This great two bedroom two bathroom 891 sqf apartment at The Marais features a great layout with well sized split bedrooms, a pass-through kitchen with breakfast bar, hardwood floors, spacious closet space, washer/dryer in the unit and northern exposure with excellent light and city views.The modern kitchen has stainless steel appliances, maple cabinetry and granite counter-top. The master bedroom has a dressing area, spacious closet plus en suite bathroom.

Located in one of the most talked about areas in the city, next door to the Highline and a short distance from Hudson River Park, Meat Packing District, Chelsea Piers and fantastic art galleries, shops and restaurants, The Marais is a 16-story luxury condop building operating like a condominium allowing unlimited subletting. The building is pet friendly and offers full-time doormen and concierge services, a common roof-deck with spectacular views, bike room, common courtyard, laundry room and storage.

Building Information

Financial Details

Common Charges $2,215/mo

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

318

Median Asking Price

$1.69M

Median $/Sqft

$1,734

Avg Days on Market

N/A

New This Week

19

Price Reduced

30%

Sold (30 Days)

30

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/14/26, 6:56 AM EST

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Location

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520 W 23RD Street #5C, Chelsea, New York County • Near Tenth Avenue/Eleventh Avenue

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
15
Floors
107
Residential Units
C6-3A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $18,111,150
Land Value: $540,000
Exemptions: $9,160

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

Lot Area: 12,125 SF
Building Area: 95,656 SF
Built FAR: 7.89
Allowed FAR: 7.52

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 $2,215 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 891 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2002, making it approximately 24 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

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

At the current list price of $1,200,000 for 891 sq ft, the asking price per square foot is approximately $1,347. 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: RLS10102842
First Listed: 10/8/2015
Closed: 8/3/2016
Contract Date: 10/8/2015

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Wigder Frota

Listing Contact: (212) 381-3352

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 5/14/2026 at 10:56 AM UTC

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