Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $12,220,000

· Closed October 5, 2021

500 W 25TH Street #PH
Closed For Sale Condo

$12,220,000

$2,389 per sq ft

500 W 25TH Street #PH

Chelsea, Manhattan

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MLS® #RLS10740838

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

4.5

Baths

5,115

Sq. Ft.

2019

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 5,115 sq ft
Year Built 2019
Ownership Condo
HOA/Common Charges $4,926/mo
Property Taxes $147,624/yr
Neighborhood Chelsea
Floor 10 of 10

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 4 Full, 1 Half
Floor 10 of 10
Exposure East,North,South,West
Pets Yes
Cross Street 10 AVENUE and HIGH LINE
Year Built 2019 (New)
Living Area 5,115 sq ft

Listing History

Event Date Price Change
Listed Sep 9, 2021 $15,995,000 -
Price Reduced Oct 6, 2021 $12,950,000 -19.0%
Currently May 4, 2026 $12,220,000 -5.6%

Description

The Penthouse at 500 West 25th
IMMEDIATE OCCUPANCY

Some images are virtually staged.

A beacon of elevated luxury and lifestyle located along The High Line at the corner of West Chelsea's Gallery District. Enjoy 7,700+ sqft of indoor and private outdoor space, this PH celebrates beauty, sophistication and unobstructed VIEWS.

This duplex 4 BR, 4 BA home asserts itself with a dramatic and open ambience. A private key-locked elevator opens on each floor of the residence. The great room offers an abundance of natural light, 13- foot ceilings, 6" Siberian wide-plank white oak floors and opens to its own 13x 39 ft private terrace.

The kitchen is a culinary masterpiece, illuminated by six east-facing floor-to-ceiling windows with top-of-the-line Gaggenau appliances, white oak cabinetry, hand selected statuary marble countertops and large island with wine fridge. An eastern facing fourth bedroom with en-suite bathroom completes the upper floor.

The lower level accommodates three luxe bedrooms and bathrooms. With impressive scale, the enormous 13x 24 ft corner master suite is flooded with light from western exposure and offers wide-plank hardwood floors, massive floor-to-ceiling windows, two large walk-in closets, a dressing room and large French doors that lead to a private terrace with views of the Hudson River and The High Line. The spa-like en-suite master bathroom features an oversized walk-in glass enclosed shower with a marble accent wall, a large deep soaking bathtub, a double sink vanity with ample storage below and heated marble floors.

Completing this floor are the eastern-facing 2nd and 3rd bedrooms, each with their own en-suite bath, ample closet space and extra room connecting the bedroom and bathroom, which can be used as an office, study or dressing area.

The PH is topped off by a vast private outdoor rooftop with spectacular panoramic views in all directions including Empire State and the Statue of Liberty. There is ample space for lounging areas as well as the possibility for full outdoor kitchen and dining, irrigated landscaping and more. This residence is grandly scaled for entertaining while offering private and intimate spaces for day-to-day living, together with an indoor/outdoor lifestyle that exceeds all expectations.

Additional features include:
-Utility room with washer/dryer and sink
-Two 27 ft long galleries
-Ample storage space

The building's fa ade is Alabama limestone with finely articulated lighting by L'observatoire International, the acclaimed French firm that designed The High Line's lighting. The building offers a doorman and a stunning lobby adorned with a custom wood detail and brass mosaic insets with 15' ceilings.

The building is conveniently located near the world's leading contemporary art galleries, chic restaurants and moments from AVENUE'S School, The West Village, Hudson Yards, and the Hudson River Park. Pricing and availability subject to change. The complete offering terms are in an offering plan available from the Sponsor. File No. CD180065. All dimensions are approximate and subject to construction variances. Plans, layouts, and dimensions may contain minor variations from floor to floor. Sponsor reserves right to make changes in accordance with the terms of the offering plan. Equal housing opportunity.

Contact us to schedule a private showing.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $4,926/mo
RE Taxes $147,624/yr ($12,302/mo)
Original Price $15,995,000
Sale Price $12,220,000
Previous Price $12,950,000

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

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Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

1

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 5/4/26, 7:40 PM EST

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Location

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500 W 25TH Street #PH, Chelsea, New York County • Near 10 AVENUE and HIGH LINE

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4
Floor Plan 5
Floor Plan 6

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
5
Floors
R5
Zoning District
NYC Landmark

Tax & Assessment

Assessed Value: $217,323,450
Land Value: $137,268,900
Exemptions: $217,323,450

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

Lot Area: 20,309,060 SF
Building Area: 92,440 SF
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 $4,926 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $147,624, or roughly $12,302 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 5,115 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2019, making it approximately 7 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 $12,220,000 for 5,115 sq ft, the asking price per square foot is approximately $2,389. 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: RLS10740838
First Listed: 9/9/2021
Price Changed: 10/6/2021
Closed: 10/5/2021
Contract Date: 10/8/2020

Listing Courtesy of Douglas Elliman Real Estate - Fredrik Eklund

Listing Contact: -

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 5/4/2026 at 11:40 PM UTC

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