Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,800,000

Listed at $3,095,000 · Sold 9.5% below asking · Closed March 20, 2025

540 W 28th Street #PHE
Closed For Sale Condo

$3,095,000

$1,971 per sq ft

540 W 28th Street #PHE

Chelsea, Manhattan

MLS® #RLS11013940

RLS at REBNY

Listing by Leven Real Estate

3

Bedrooms

3

Baths

1,570

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,570 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $2,036/mo
Property Taxes $37,020/yr
Neighborhood Chelsea

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 3 Full
Exposure South
Heating Central
Cooling Central Air
Pets Yes
Cross Street Tenth Avenue and Eleventh Avenue
Year Built 2008
Living Area 1,570 sq ft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00699/0000

Listing History

Event Date Price Change
Listed Oct 5, 2024 $3,095,000 -
Currently Apr 27, 2026 $3,095,000 -

Description

Experience the West Chelsea lifestyle at its best! This Penthouse apartment features 3 sunny and spacious bedrooms, 3 full bathrooms with oversized windows and south-facing views to Freedom Tower and it includes with your own 360 square-foot rooftop private cabana space to entertain your friends and enjoy sunny days.

Penthouse-E boasts California Closets in every bedroom, thermostats in every room, remote control blackout and solar shades, a large open kitchen with handsome black countertops, plenty of storage space, Sub-Zero appliances, a washer and dryer in unit, and spacious bathrooms with tub and separate stall shower. Views of Hudson River and the Downtown skyline complement the oversized windows, as well as the Empire State Building from your private rooftop cabana!

Built in 2009, +Art is a stylish pet-friendly boutique condominium located half a block from the High Line Park entrance on West 28th Street. The building features a state-of-the-art gym, rooftop with wet bar, BBQ grill, and lounge chairs, cold storage, 24-hour doorman, and live-in super as well as a large interior courtyard to indulge in the peace and quiet of this private oasis. Surrounded by art galleries, renowned restaurants, Hudson Yards shops, Whole Floods and Avenues School all within a few blocks of the building.

*Cabana monthly common charges $189, taxes $315

Features & Amenities

Interior Features

High Ceilings Storage Building Inside Common Area In Unit Flooring: Hardwood

Exterior Features

Building Storage Building Courtyard Courtyard Private Outdoor Space Under60 Sqft Storage Terrace

Building Amenities

Bike Storage Concierge Elevators Health Club Storage

Appliances

Dryer Dishwasher Stainless Steel Appliances Washer

Financial Details

Common Charges $2,036/mo
RE Taxes $37,020/yr ($3,085/mo)
Sale Price $2,800,000

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

308

Median Asking Price

$1.86M

Median $/Sqft

$1,748

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, 8:15 AM EST

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Location

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540 W 28th Street #PHE, Chelsea, New York County • Near Tenth Avenue and Eleventh Avenue

Building Information

Official NYC property records for this building

2009
Year Built
17 years old
13
Floors
90
Residential Units
C6-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $23,130,222
Land Value: $4,500,000
Exemptions: $0

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

Lot Area: 17,406 SF
Building Area: 98,610 SF
Built FAR: 5.67
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 $2,036 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $37,020, or roughly $3,085 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,570 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 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 $3,095,000 for 1,570 sq ft, the asking price per square foot is approximately $1,971. 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: RLS11013940
First Listed: 10/5/2024
On Market: 10/5/2024
Closed: 3/20/2025
Contract Date: 10/3/2024

Listing Courtesy of Leven Real Estate - Frederico Gouveia

Listing Contact: (917) 214-2636

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 12:15 PM UTC

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