Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,000,000

· Closed November 21, 2024

Closed For Sale Condo

$6,000,000

$1,676 per sq ft

166 W 18th Street #PH11

Chelsea, Manhattan

MLS® #RLS10982122

RLS at REBNY

Listing by Compass

4

Bedrooms

4.5

Baths

3,579

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 3,579 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $4,626/mo
Property Taxes $94,068/yr
Neighborhood Chelsea
Floor 1 of 14

Property Highlights

  • Exposure: East,South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 4 Full, 1 Half
Floor 1 of 14
Exposure East,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2008
Living Area 3,579 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00793/0000

Listing History

Event Date Price Change
Listed Sep 14, 2023 $7,250,000 -
Price Reduced Nov 22, 2024 $6,250,000 -13.8%
Currently Apr 27, 2026 $6,000,000 -4.0%

Description

Limited Time Buyer Incentive: Seller will cover one year of common charges and real estate taxes for a contract signed on or before July 4th, 2024. This expansive Penthouse, occupying an entire floor, offers breathtaking panoramic views of the city from every direction, with four remarkable terraces providing private outdoor sanctuaries. Boasting four bedrooms and four and a half bathrooms sprawled across nearly 3,600 square feet of living space, Penthouse 11 at Yves Chelsea redefines luxurious urban living, perfect for both everyday comfort and lavish entertaining. As you step off the private elevator, you're greeted by a 32' x 26' Great Room bathed in natural light from triple exposures, complemented by two spacious terraces for open-air dining and relaxation. Flowing seamlessly from this magnificent space, the separate dining area comfortably accommodates 10+ guests and leads to a south-facing terrace. The contemporary eat-in kitchen, with custom cabinetry, Sub Zero and Miele appliances, a generous center island, and a pantry closet, is a culinary haven. The primary bedroom, tucked away from the guest quarters, exudes tranquility and luxury. It boasts a windowed en-suite spa-like bathroom and grants access to a sprawling 323 square foot terrace. Three additional bedrooms, each with its own en-suite bathroom, offer comfort and privacy. Two of these bedrooms share a generously sized southwest-facing terrace. Other features include central air, an in-unit washer and dryer, and a spacious storage room is deeded with the apartment. Situated in the heart of Chelsea, Yves Chelsea is an exclusive boutique condominium comprising just 38 residences. Residents enjoy the services of a 24-hour doorman, a well-equipped gym, a rejuvenating sauna, a treatment room, and a beautifully landscaped common rooftop deck. This penthouse epitomizes the epitome of city living with opulence, style, and convenience. Taxes include primary residence STAR abatement. $7,743/month without abatement.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Kitchen Island Recessed Lighting Sound System Sauna Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Private Entrance

Appliances

Refrigerator Range Hood Stainless Steel Appliances Washer

Building Information

Building Data View Compliance & Permits
Total Units 38
Stories 14
Structure HighRise

Financial Details

Common Charges $4,626/mo
RE Taxes $94,068/yr ($7,839/mo)
Original Price $7,250,000
Sale Price $6,000,000
Previous Price $6,250,000

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

306

Median Asking Price

$1.93M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

21

Price Reduced

34%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 5:37 PM EST

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Location

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166 W 18th Street #PH11, Chelsea, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2001
Year Built
25 years old
1
Floors
R8A
Zoning District

Tax & Assessment

Assessed Value: $612,450
Land Value: $202,500
Exemptions: $47,970

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

Lot Area: 10,000 SF
Building Area: 4,700 SF
Built FAR: 0.47
Allowed FAR: 6.02

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 $4,626 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $94,068, or roughly $7,839 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,579 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 $6,000,000 for 3,579 sq ft, the asking price per square foot is approximately $1,676. 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: RLS10982122
First Listed: 10/26/2023
On Market: 9/14/2023
Price Changed: 11/22/2024
Closed: 11/21/2024
Contract Date: 5/1/2023

Listing Courtesy of Compass - Ryan Zeiger

Listing Contact: (917) 346-5252

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 9:37 PM UTC

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