Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
114 W 27TH Street #5S
Closed For Sale Co-op

$36,250

$20 per sq ft

114 W 27TH Street #5S

Chelsea, Manhattan

DECEMBER ARTISTS AP

MLS® #RLS10951781

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

1,850

Sq. Ft.

1907

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,850 sq ft
Year Built 1907
Ownership Co-op
Maintenance $2,158/mo
Neighborhood Chelsea
Floor 5 of 12

Property Highlights

  • Views: City
  • Exposure: South facing
  • Style: Loft architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 12
View City
Exposure South
Cooling Zoned
Pets Yes
Year Built 1907
Living Area 1,850 sq ft
Architectural Style Loft
Basement Other
Parcel # 0802-0052-00114-000-000005S
Block/Lot 00802/0052

Listing History

Event Date Price Change
Listed Apr 11, 2023 $1,895,000 -
Price Reduced Apr 26, 2024 $1,450,000 -23.5%
Currently Apr 28, 2026 $36,250 -97.5%

Description

Explore the inviting ambiance of this artist's loft nestled in the heart of Chelsea. Boasting 11'3" ceilings and oversized southern-facing windows, this spacious home is filled with natural light that beautifully spills over the columns and exposed-brick walls, creating a tranquil and serene atmosphere.Currently configured as a loft comprising two bedrooms and a sprawling artist's studio, or it can be customized to suit your individual needs and preferences. As you enter, you are greeted by an airy living and dining area that seamlessly flows into the kitchen. The kitchen is appointed with generous counter space, ample storage, and an oversized pantry. The two bedrooms are situated adjacent to each other, and there is a corridor that leads into the vast studio, which measures 31 feet in length. This creative workspace is equipped with a deep sink and offers plentiful storage, further enhanced by the lofty ceilings and deep closet space. This home is pin drop quiet, recently modernized with a split system heating and cooling unit, as well as ceiling fans. It is situated on a semi-private floor with only one other apartment. Also connected to the outside hallway is your very own laundry and utility room. Located in a 12-story pre-war building that has only 18 units, providing an intimate and exclusive living experience. A key fob is provided for access to the building and elevator, ensuring that only the owner can access their floor. A large storage unit is also available in the basement. Co-op allows for pieds-a-terre, parents buying for children, guarantors, and subletting. Situated at the crossroads of Chelsea, Flatiron, and NoMad, the vibrant downtown location provides access to an array of shopping, galleries, nightlife, and dining options that are unparalleled. Note: Some photos are virtually staged/renovated. 114 West 27th Street 5S New York NY 10001.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed

Exterior Features

None

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $2,158/mo
Original Price $1,895,000
Sale Price $36,250
Previous Price $1,450,000

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

305

Median Asking Price

$1.97M

Median $/Sqft

$1,772

Avg Days on Market

N/A

New This Week

21

Price Reduced

32%

Sold (30 Days)

37

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 1:47 PM EST

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Location

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114 W 27TH Street #5S, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1907
Year Built
119 years old
12
Floors
18
Residential Units
M1-8A/R11
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $7,956,900
Land Value: $240,300
Exemptions: $28,470

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

Lot Area: 4,227 SF
Building Area: 50,400 SF
Built FAR: 11.92
Allowed FAR: 12

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 monthly maintenance are $2,158 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,850 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1907, making it approximately 119 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $36,250 for 1,850 sq ft, the asking price per square foot is approximately $20. 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: RLS10951781
First Listed: 4/11/2023
On Market: 4/11/2023
Price Changed: 4/26/2024
Closed: 4/25/2024
Contract Date: 4/11/2023

Listing Courtesy of Douglas Elliman Real Estate - Nickolai Parker

Listing Contact: (212) 891-7000

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 5:47 PM UTC

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