Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $16,750,000

· Closed September 23, 2024

Closed For Sale Condo

$16,750,000

$2,979 per sq ft

505 W 19th Street #PH1

Chelsea, Manhattan

MLS® #RLS10972889

RLS at REBNY

Listing by Compass

4

Bedrooms

4.5

Baths

5,622

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 5,622 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $12,517/mo
Property Taxes $169,296/yr
Parking Garage
Neighborhood Chelsea
Floor 1 of 10

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Patio, Terrace
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 4 Full, 1 Half
Floor 1 of 10
Exposure East,North,South,West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2015
Living Area 5,622 sq ft
Parking Garage Available
Parking Features Garage, Valet
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00691/1139

Listing History

Event Date Price Change
Listed Apr 10, 2024 $17,500,000 -
Currently Apr 28, 2026 $16,750,000 -4.3%

Description

Townhouse-scale 5,622sf on one private floor! This grandly scaled single-floor penthouse with two terraces in the heart of West Chelsea soars above The Highline Park, just moments from The Hudson River Park, positioned equidistant to the West Village/Meatpacking District to the South and Hudson Yards to the North. Expertly designed and laid out by esteemed architect Thomas Juul Hansen, you enter through the 24-hour attended art-filled lobby dramatically nestled beneath the Highline. Two key-locked elevators open directly into the gracious entry foyer or the service entry on the other side. Immediately, you are enraptured by walls of floor-to-ceiling casement windows that illuminate the space with light all day long to the West, East, North, and South, framing equally impressive views of West Chelsea, a neighborhood with the single most significant concentration of the world's greatest architects work. The entry leads past the library and large West-facing main terrace - almost 65 feet long - to the main living room, which is resplendent with a wood-burning fireplace and South-Western light and views. The adjoining expansive open kitchen is expertly milled with gorgeous custom oak cabinetry, accented by elegant brass hardware and leather-wrapped hand pulls. Top-of-the-line Miele appliances include refrigeration, convection and speed ovens, a warming drawer, a cooking range with a vented hood, and a wine fridge designed to entertain on a grand scale. A massive Carrara marble waterfall island anchors the space of an enormous South-East facing great room/media room with French doors and a Juliette balcony. The gracious primary bedroom suite features a private hallway with two access points and two large customized walk-in closets, and a massive en-suite bathroom paved with heated marble flooring and slab marble walls that includes an oversized walk-in shower and wetroom with a deep soaking tub, sauna, and twin sink vanities with brass Waterworks fixtures. Natural light and views add to the experience. The hallway also leads to a study or 5th bedroom with a wet bar and its private balcony that captures impressive views of Midtown in the East and Hudson Yards to the North. There are three additional bedroom suites with great light and exposures, equally well-appointed with en-suite bathrooms and large customized closets with extra closet space in the common hallway. A large laundry room is a bonus feature. 505 West 19th Street is a two-winged architectural masterpiece enveloping Highline Park. The iconic entry lobby, positioned directly beneath the Highline Park and reminiscent of a fine art gallery, has other amenities, including a state-of-the-art fitness center, 24-hour concierge, live-in resident manager, laundry room, private additional storage, bike storage, and refrigerated storage for deliveries. Conveniently positioned in the heart of the West Chelsea Arts District, the building is surrounded by 300+ of the world's leading Contemporary art galleries, shops, boutiques, dining, and entertainment, including Chelsea Market, Chelsea Piers, the Whitney Museum, and the recently opened Little Island that is part of the Hudson River Park. Chelsea Cove and Chelsea Waterside Park are nearby, too. Working Capital Contribution equals 1 month of Common Charges due from the buyer.

Features & Amenities

Interior Features

Wet Bar Built In Features Chandelier Entrance Foyer High Ceilings His And Hers Closets Recessed Lighting Bar Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood Double Pane Windows Window Treatments Fireplace (1)

Exterior Features

Private Entrance Patio Terrace

Appliances

Dishwasher Range Hood Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 35
Stories 10
Structure HighRise

Financial Details

Common Charges $12,517/mo
RE Taxes $169,296/yr ($14,108/mo)
Original Price $17,500,000
Sale Price $16,750,000
Previous Price $17,500,000

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

305

Median Asking Price

$1.90M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

19

Price Reduced

34%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/27/26, 9:27 PM EST

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Location

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505 W 19th Street #PH1, Chelsea, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2013
Year Built
13 years old
10
Floors
35
Residential Units
C6-2
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $24,920,771
Land Value: $5,616,904
Exemptions: $0

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

Lot Area: 18,975 SF
Building Area: 91,665 SF
Built FAR: 4.83
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 $12,517 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $169,296, or roughly $14,108 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 5,622 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 $16,750,000 for 5,622 sq ft, the asking price per square foot is approximately $2,979. 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: RLS10972889
First Listed: 4/10/2024
On Market: 4/10/2024
Price Changed: 9/24/2024
Closed: 9/23/2024
Contract Date: 4/8/2024

Listing Courtesy of Compass - Leonard Steinberg

Listing Contact: (646) 375-1932

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 4/28/2026 at 1:27 AM UTC

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