Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,100,000

· Closed October 26, 2023

550 W 29TH Street #PHC
Closed For Sale Condo

$6,100,000

$2,071 per sq ft

550 W 29TH Street #PHC

Chelsea, Manhattan

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MLS® #RLS10911132

RLS at REBNY

Listing by Corcoran Group

3

Bedrooms

3.5

Baths

2,945

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,945 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $4,808/mo
Property Taxes $76,008/yr
Neighborhood Chelsea
Floor 12 of 12

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: Terrace
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full, 1 Half
Floor 12 of 12
Exposure North,South,West
Pets Yes
Cross Street HIGH LINE and 11 AVENUE
Year Built 2018 (New)
Living Area 2,945 sq ft

Listing History

Event Date Price Change
Listed Jan 20, 2022 $6,375,000 -
Currently May 1, 2026 $6,100,000 -4.3%

Description

IMMEDIATE OCCUPANCY

Introducing Five Five Zero, a brand new West Chelsea condominium located between the High Line and the Hudson River. Beneath a striking facade of limestone Roman bricks interspersed with massive metal casement windows, the building contains 19 stunning 3- and 4-bedroom units of remarkable quality and craftsmanship.

A breathtaking duplex penthouse marked by subtlety and elegance, this 3-bedroom, 3.5-bathroom home with a large private terrace blends stunning Hudson River views with an array of luxurious fixtures and finishes spread across 2,945 square feet.

Beyond a spacious foyer adorned with a large coat closet and powder room, the upper level of the home flows into an expansive, open-concept living room, dining room, family room, and kitchen. The living room leads out to a west- facing terrace, while the kitchen is equipped with massive eat-in island, custom Italian cabinetry, Pietra Cardosa countertops and a matching backsplash, Lefroy Brooks faucets, and a suite of fully integrated high-end appliances from Wolf, Sub-Zero, and Miele.

All of the bedrooms sit on the lower level of the home. The master suite has his-and-hers walk-in closets and a sublime en-suite bathroom with his-and-hers sinks, a custom white oak medicine cabinet, Italian Dolomite marble walls and floors, Lefroy Brooks fixtures, a large walk-in steam shower, and a separate Zuma soaking tub. Each of the secondary bedrooms has a private closet and easy access to a pristine full bathroom with limestone floors and a Catalano ceramic sink.

Additional features of this 2,945 sq. ft. apartment include wide-plank oak flooring, energy efficient multi-zone heating and cooling, an in-home vented washer/dryer, key-locked elevator access, a gas-burning fireplace, huge metal casement windows with northern, southern, and western exposure, and a 365 sq. ft. terrace.

Five Five Zero offers residents a number of white-glove amenities that include a 24-hour attended lobby, a full-time super, a fully equipped fitness room, a sauna, a state-of-the-art security, and video intercom system, commercial-grade washers for oversized items, a bicycle room, and storage units. The building is surrounded by trendy restaurants, cafes, bars, galleries, and shops, and is around several parks and the Hudson River. Pets are welcome.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0017.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dishwasher Washer Dryer Allowed

Building Information

Financial Details

Common Charges $4,808/mo
RE Taxes $76,008/yr ($6,334/mo)
Original Price $6,375,000
Sale Price $6,100,000
Previous Price $6,375,000

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

303

Median Asking Price

$1.89M

Median $/Sqft

$1,833

Avg Days on Market

N/A

New This Week

18

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.97M

Live data from RLS at REBNY • Updated 5/1/26, 7:16 AM EST

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Location

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550 W 29TH Street #PHC, Chelsea, New York County • Near HIGH LINE and 11 AVENUE

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
12
Floors
19
Residential Units
C6-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $11,268,451
Land Value: $1,095,302
Exemptions: $0

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

Lot Area: 7,406 SF
Building Area: 48,067 SF
Built FAR: 6.49
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 $4,808 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $76,008, or roughly $6,334 per month. Verify the current assessment with your attorney before closing.

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

The listed interior living area is 2,945 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 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 $6,100,000 for 2,945 sq ft, the asking price per square foot is approximately $2,071. 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: RLS10911132
First Listed: 1/20/2022
Price Changed: 3/17/2022
Closed: 10/26/2023
Contract Date: 9/9/2021

Listing Courtesy of Corcoran Group - Bradley Cooper

Listing Contact: (561) 289-7612

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 5/1/2026 at 11:16 AM UTC

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