Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed March 24, 2025

Closed For Sale Condop

$1,550,000

$1,608 per sq ft

520 W 23rd Street #PH16F

Chelsea, Manhattan

MLS® #RLS11005666

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

964

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 964 sq ft
Year Built 2003
Ownership Condop
HOA/Common Charges $3,603/mo
Neighborhood Chelsea
Floor 16 of 15

Property Highlights

  • Exposure: East,North,South facing
  • Outdoor Space: Balcony
  • Climate Control: Central Air

Property Details

Type Condop
Ownership Condop
Total Rooms 6
Baths 2 Full
Floor 16 of 15
Exposure East,North,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2003
Living Area 964 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00694/0000

Listing History

Event Date Price Change
Listed Sep 3, 2024 $1,625,000 -
Price Reduced Mar 24, 2025 $1,580,000 -2.8%
Currently Apr 27, 2026 $1,550,000 -1.9%

Description

Welcome to PENTHOUSE residence 16H at the iconic La Marais! This 2 bed 2 bath condop is located in the the HOT West Chelsea Gallery District. Offering Striking north, east and south views including the Empire State Building and Hudson River you can enjoy entertaining or working from home on your beautiful balcony overlooking the famous Chelsea High Line. This home features high 9ft ceilings, oversized windows, renovated windowed kitchen, upgraded wood floors, washer and dryer and custom lighting and window treatments are just some of the highlights making this home truly special. This Penthouse residence is just one flight of stairs away from one of the city’s best roof decks. Neighborhood highlights include Chelsea Waterside Park, Little Island, City Winery, Hudson Yards and much more. Full-service building with 24-hour doorman, live-in super, bike room, laundry room, planted rear garden and common roof deck with panoramic city and river views. Runs like condo, no sublet restrictions and investor friendly.

Features & Amenities

Interior Features

Granite Counters Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Exterior Features

Balcony Private Outdoor Space Under60 Sqft Balcony

Appliances

Dryer Dishwasher Gas Cooktop Gas Oven Refrigerator Range Hood Stainless Steel Appliances Washer

Building Information

Building Data View Compliance & Permits
Total Units 107
Stories 15
Structure MultiFamily

Financial Details

Common Charges $3,603/mo
Original Price $1,625,000
Sale Price $1,550,000
Previous Price $1,580,000
Land Lease Yes

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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

20

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 6:47 AM EST

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Location

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520 W 23rd Street #PH16F, Chelsea, New York County

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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 $3,603 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 964 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2003, making it approximately 23 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 $1,550,000 for 964 sq ft, the asking price per square foot is approximately $1,608. 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: RLS11005666
First Listed: 9/2/2024
On Market: 9/3/2024
Price Changed: 3/24/2025
Closed: 3/24/2025
Contract Date: 9/2/2024

Listing Courtesy of Compass - Marie Martineau

Listing Contact: (917) 848-6823

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 4/27/2026 at 10:47 AM UTC

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