Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
545 W 20th Street #PH6/7B

For Sale · Listing by Compass

545 W 20th Street #PH6/7B

Chelsea, Manhattan

$5,350,000

Interested in this property?
Active For Sale Condo

$5,350,000

$1,849 per sq ft

545 W 20th Street #PH6/7B

Chelsea, Manhattan

Lifesaver Lofts

MLS® #RLS20115916

RLS at REBNY

Listing by Compass

3
Bedrooms
2.5
Baths
2,894
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,894 sq ft
Lot Size 6,856.51 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $2,422/mo
Property Taxes $40,296/yr
Neighborhood Chelsea
Floor 6 of 7

Property Highlights

  • Views: City, Water
  • Exposure: North,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 6 of 7
View City, Water
Exposure North,West
Pets Yes, CatsOk, DogsOk
Year Built 1910
Living Area 2,894 sq ft
Structure Type MixedUse
Furnished Unfurnished
Lot Size 6,856.51 sq ft
Block/Lot 00692/1012

Listing History

Event Date Price Change
Listed Sep 17, 2026 $5,350,000 -
Currently Sep 18, 2026 $5,350,000 -

Description

A remarkable expression of indoor/outdoor living in West Chelsea, Penthouse 6/7B is a dramatic three-bedroom duplex with soaring 20-foot ceilings and nearly 1,900 SF of private landscaped outdoor space. Arrive by key-locked elevator into the 30' x 25' Great Room, where double-height walls of glass bathe the interiors in natural light. The living area extends seamlessly onto the terrace, thoughtfully arranged with distinct settings for dining, entertaining, and taking in panoramic views of the Hudson River, Chelsea Piers and the city skyline. The chef’s kitchen pairs custom Boffi cabinetry and stone surfaces with appliances by Gaggenau, Sub-Zero and Miele, including dual ovens and a built-in espresso maker. Privately positioned on the main level, the primary suite features ample closet space and a five-fixture bath with dual vanity, soaking tub and separate shower. A powder room near the entry, dedicated laundry and mudroom complete the floor. Upstairs, a mezzanine den with a gas fireplace overlooks the Great Room below. Two well-proportioned bedrooms feature abundant storage and share an ensuite dual-vanity bath. Wide-plank wood floors, windowed hallways, central air conditioning, electric shades and additional storage round out the residence. 545 West 20th Street is an intimate 10-residence condominium in the heart of West Chelsea, moments from Hudson River Park, Chelsea Piers, the High Line and the neighborhood’s renowned gallery district, with Chelsea Market, Whole Foods and an array of dining nearby.

Features & Amenities

Interior Features

Double Vanity Eat In Kitchen High Ceilings Kitchen Island Walk In Closets Common On Floor Common Area In Unit

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Bike Storage Elevators Recreation Room Clubhouse

Appliances

Dishwasher Gas Cooktop Refrigerator

Building Information

Financial Details

Common Charges $2,422/mo
RE Taxes $40,296/yr ($3,358/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

270

Median Asking Price

$2.12M

Median $/Sqft

$1,978

Avg Days on Market

N/A

New This Week

48

Price Reduced

28%

Sold (30 Days)

43

Median Sale Price

$1.77M

Live data from RLS at REBNY • Updated 9/17/26, 8:48 PM EST

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Location

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545 W 20th Street #PH6/7B, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
3
Floors
R5
Zoning District

Tax & Assessment

Assessed Value: $52,351,650
Land Value: $1,755,000
Exemptions: $52,351,650

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

Lot Area: 140,231 SF
Building Area: 371,139 SF
Built FAR: 2.65
Allowed FAR: 1.5

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 $2,422 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $40,296, or roughly $3,358 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,894 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 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: 3. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $5,350,000 for 2,894 sq ft, the asking price per square foot is approximately $1,849. 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 milton@miltoncoste.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: RLS20115916
First Listed: 9/17/2026
On Market: 9/17/2026
Price Changed: 9/17/2026
Contract Date: 8/19/2026

Listing Courtesy of Compass - Daniel Blatman

Listing Contact: (917) 297-8575

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 9/18/2026 at 12:48 AM UTC

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Chelsea Market Update

43 sales last 30 days · $2.12M median · 6.3 months supply

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Quick Facts

Status Active Type Condo Neighborhood Chelsea Borough Manhattan
County New York
Floor 6 of 7
Year Built 1910
First Listed 9/17/2026
Living Area 2,894 sqft
Common Charges $2,422/mo
Annual Tax $40,296

Monthly Costs Estimate

Down Payment 20%

$1,070,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,422
Est. Taxes $3,358
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$120,375

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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