Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $17,500,000

· Closed October 9, 2017

551 W 21st Street #16-A
Closed For Sale Condo

$17,500,000

$4,097 per sq ft

551 W 21st Street #16-A

Chelsea, Manhattan

MLS® #RLS10064498

RLS at REBNY

Listing by Compass

4

Bedrooms

4.5

Baths

4,271

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 4,271 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $7,167/mo
Property Taxes $90,036/yr
Parking Garage
Neighborhood Chelsea
Floor 16 of 19

Property Highlights

  • Views: River
  • Exposure: East,North,South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 4 Full, 1 Half
Floor 16 of 19
View River
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street Tenth Avenue/Eleventh Avenue
Year Built 2015 (New)
Living Area 4,271 sq ft
Parking Garage Available
Block/Lot 693/1

Listing History

Event Date Price Change
Listed Apr 12, 2017 $17,500,000 -
Currently May 10, 2026 $17,500,000 -

Description

Brand new Hudson Riverfront West Chelsea high floor 4-bedroom apartment with study and formal dining room in a high services condominium. Perched on a high floor of this Foster + Partners designed West Chelsea landmark, this four bedroom, four-and-a-half-bathroom home with a study combines the best of modern design with the finest classic apartment sensibilities that fully embrace the panoramic views that exist from virtually every one of the enormous windows facing South, West, East and North.

The elevator opens directly into a gracious entry gallery that leads to the expansive 37 foot long column-free living room with 11-foot ceilings and sunset views, and light that simply take your breath away. An adjoining study allows for elegant entertaining, while the formal West-facing dining room allows both formal or casual dining. The custom designed interiors are expertly crafted and designed with French-inspired oak herringbone floors, impressive 9' tall double doors and deep thresholds frame these distinctive rooms while luminous metal reveals and a deep facade for perimeter seating border each picture window. high design is especially notable in the windowed eat-in kitchen that features Molteni stained oak kitchen cabinetry with beveled Blanco de Macael marble countertops and backsplashes, and a suite of the best appliances including a Subzero refrigerator and freezer, Fisher Paykel cooling drawers, a Gaggenau 5-burner cooktop with Falmec extraction hood, as well as two Miele ovens, two dishwashers, and a built in espresso machine. Additional luxuries include a separate utility room with a side by side Miele washer and dryer, as well as a dedicated service entrance for deliveries.

On the North West corner the master bedroom suite with its direct river views features a fully finished, large walk-in closet with custom millwork, a luxurious master bathroom oasis with double door entry, a freestanding tub, a separate enclosed shower and water closet with floor to ceiling translucent glass doors, radiant heated Luna Black granite tiling and a custom Corian vanity. The master suite currently offers an adjacent sitting room and en-suite bathroom that easily converts back to a fourth bedroom, a second walk-in closet or private study. There are two additional bedrooms, one on a corner with grand north eastern city views: both are classically appointed with en-suite bathrooms that include Travertino Striato stone floors and elegant Dornbracht fixtures.

551 West 21st Street is in a class of its own, and features an impressive gated entry drive court surrounded by a twenty-foot green wall that leads you to an awe-inspiring thirty-four-foot, double height 24-hour attended lobby with grand chandelier. The services are in keeping with the finest buildings anywhere including a full staff of doormen, concierge, porters and valet services, a state-of-the-art fitness center with a his and her spa treatment room, yoga room, residents' lounge, children's playroom, parking for the residents (subject to availability and additional cost), bike storage, a live-in resident manager and a dedicated, separate service entrance for all deliveries, decoration construction and moves.

Features & Amenities

Interior Features

Den Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $7,167/mo
RE Taxes $90,036/yr ($7,503/mo)

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, 10:35 AM EST

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Location

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551 W 21st Street #16-A, Chelsea, New York County • Near Tenth Avenue/Eleventh Avenue

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 $7,167 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $90,036, or roughly $7,503 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 4,271 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 $17,500,000 for 4,271 sq ft, the asking price per square foot is approximately $4,097. 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: RLS10064498
First Listed: 4/12/2017
Closed: 10/9/2017
Contract Date: 9/30/2016

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 5/10/2026 at 2:35 PM UTC

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