Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
551 W 21ST Street #7C
Closed For Sale Condo

$1

$0 per sq ft

551 W 21ST Street #7C

Chelsea, Manhattan

551W21

MLS® #RLS10014371

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3

Baths

2,984

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,984 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $4,740/mo
Property Taxes $60,828/yr
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Exposure: East,North,South facing
  • Parking: Private garage
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths null Full
Exposure East,North,South
Pets Yes
Cross Street 11th Avenue
Year Built 2015 (New)
Living Area 2,984 sq ft
Parking Garage Available
Parcel # 0693-1122

Listing History

Event Date Price Change
Listed Apr 10, 2014 $7,550,000 -
Price Reduced Nov 2, 2015 $7,850,000 +4.0%
Currently May 10, 2026 $1 -100.0%

Description

IMMEDIATE OCCUPANCY. A trophy three-bedroom in the heart of the Chelsea Arts District with eleven-foot ceilings and triple exposure offering views of the Hudson River and surrounding West Chelsea neighborhood. This Candela-inspired, gracious 2984 SF residence exquisitely designed by the masters from Foster + Partners boasts quiet views and perfectly scaled, column free spaces, with detailed millwork and French-inspired oak herringbone wood floors throughout.

Direct elevator access opens into a tranquil private vestibule. Continue entering into the residence through an impressive center gallery with custom cove lighting, where nine foot double doors with deep wood thresholds open to a dramatic grand living room and adjacent library. Expansive southern facing windows in the grand room capture and reflect the surrounding light, drawing you into the dining area, and further beyond, a top-of-the-line kitchen by Molteni with Blanco de Macael marble countertops and natural oak, floor-to-ceiling integrated cabinetry.

Back through and across the center gallery, a spacious master bedroom awaits, featuring a walk-through, fully finished dressing room with custom millwork designed by Foster + Partners. A cat-walk through the dressing room brings you into a luxurious master bathroom oasis with double door entry, a 70" freestanding tub, enclosed separate shower and water closet enclosed with floor to ceiling translucent glass doors. Radiant heated Luna Black granite floors and a custom Corian vanity with integrated lighting add to the glamour. The large secondary bedroom has an en-suite bath with Travertino Striato stone floors and elegant Dornbracht fixtures. This unique residence is fully integrated with pre-wiring conduit for the most advanced home technology systems.

19 Stories. 44 Exceptional Residences. Overlooking the Hudson River in West Chelsea, 551 West 21st Street provides a serene setting in one of the most vibrant and sought after neighborhoods in the world. Expertly crafted by Foster + Partners, 551 West 21st Street features a private gated, valet-attended drive court surrounded by a twenty-foot green wall and a dramatic, awe-inspiring thirty-four-foot double height lobby with a grand, custom chandelier. Additional amenities include a full-time doorman and concierge, porter and valet services, a state-of-the-art fitness center with a his and her spa, yoga room, residents' lounge, children's play room, parking and bike storage, a live-in super and a dedicated, separate service entrance.

Exclusive Marketing and Sales Agent: Brown Harris Stevens Development Marketing. This is not an offering. The complete terms are in an offering plan available from the sponsor. File No. CD13-0133.The artist and computer renderings and interior decorations, finishes, fixtures, appliances and furnishings are provided for illustrative purposes only. Approximate finished floor to finished ceiling heights are measured from top of flooring to underside of finished ceiling. At beam drops and/or where there are concealed mechanical pipes, equipment, ducts, soffits or dropped ceilings, ceiling heights may be lower than the stated measurements. Ceiling heights may vary from room to room. Sponsor makes no representation or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to make substitutions of material, equipment, fixtures, finishes and appliances in accordance with the terms of the Offering Plan.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $4,740/mo
RE Taxes $60,828/yr ($5,069/mo)
Original Price $7,550,000
Sale Price $1
Previous Price $7,850,000

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

320

Median Asking Price

$1.66M

Median $/Sqft

$1,756

Avg Days on Market

N/A

New This Week

25

Price Reduced

27%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/10/26, 8:59 AM EST

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Location

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551 W 21ST Street #7C, Chelsea, New York County • Near 11th Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2013
Year Built
13 years old
20
Floors
44
Residential Units
C6-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $30,460,953
Land Value: $5,477,402
Exemptions: $0

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

Lot Area: 17,388 SF
Building Area: 153,053 SF
Built FAR: 8.8
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 $4,740 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $60,828, or roughly $5,069 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 2,984 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2015, making it approximately 11 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 $1 for 2,984 sq ft, the asking price per square foot is approximately $0. 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: RLS10014371
First Listed: 4/10/2014
Price Changed: 11/2/2015
Closed: 12/18/2017
Contract Date: 4/4/2014

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Erin Boisson Aries

Listing Contact: (917) 701-7012

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 5/10/2026 at 12:59 PM UTC

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