Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
545 W 20TH Street #5B
Interested in this property?
Active For Sale Condo

$5,500,000

$1,508 per sq ft

545 W 20TH Street #5B

Chelsea, Manhattan

LIFESAVER LOFTS

MLS® #RLS20082262

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open Houses Scheduled

Tuesday, April 28 • 12:00 PM – 2:00 PM

Tuesday, April 28 • 12:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3

Bedrooms

3.5

Baths

3,647

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 3,647 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $3,052/mo
Property Taxes Contact for details
Neighborhood Chelsea
Floor 5 of 5

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 5 of 5
View City
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 1910
Living Area 3,647 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00692/1234

Listing History

Event Date Price Change
Listed Apr 8, 2026 $5,500,000 -
Currently Apr 28, 2026 $5,500,000 -

Description

Scale, light, character and authenticity blend perfectly to present this West Chelsea loft condominium. Enter from your private elevator into this full floor home with enormous ceilings, broad proportions and wrapped in light from three exposures. Currently configured as three bedrooms, this space easily lends itself to as many as four to five bedrooms all with private outdoor space and a fireplace for those crisp New York days. At nearly 3,600 square feet of volume and texture unfolding beneath soaring 12 foot beamed timber ceilings, with large, oversized windows on three exposures drawing in light throughout the day, it is a loft defined by air and proportion, where exposed brick, cast iron columns, and restored hardwood floors create a backdrop that feels both storied and enduring.

At its center, a great room of remarkable proportion stretches an astonishing 48 by 47 feet, offering a sense of openness rarely found in the city. Light shifts across the space from multiple directions, giving it a quiet dynamism from morning through evening. The kitchen is both centerpiece and workhorse, outfitted with Miele, Gaggenau, and Viking appliances and anchored by a dramatic 22 foot breakfast bar that invites gathering, conversation, and long, unhurried meals.

The current layout offers two expansive bedrooms and a home office, each bedroom with its own en suite bath, with the scale to easily create a true three bedroom home. A private north facing terrace extends directly from the living space, offering a rare moment of outdoor calm and an effortless extension of the interior. There is also a sense of ease built into the home, with central air, an oversized laundry room, and a substantial private storage unit that transfers with the residence.

Set in the heart of West Chelsea, within a discreet boutique building with a full time superintendent, the address places you at the intersection of culture and calm. Moments from the High Line, surrounded by the galleries of Gagosian Gallery and David Zwirner, and within easy reach of Chelsea Market, this is a location that does not need introduction. It is simply where you are meant to be.

Features & Amenities

Interior Features

High Ceilings Building None Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $3,052/mo
RE Taxes Contact for details

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

$1.97M

Median $/Sqft

$1,772

Avg Days on Market

N/A

New This Week

21

Price Reduced

32%

Sold (30 Days)

37

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 3:03 PM EST

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Location

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545 W 20TH Street #5B, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
3
Floors
R5
Zoning District

Tax & Assessment

Assessed Value: $52,351,650
Land Value: $1,755,000
Exemptions: $52,351,650

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

Lot Area: 140,231 SF
Building Area: 371,139 SF
Built FAR: 2.65
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 $3,052 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 3,647 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 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 $5,500,000 for 3,647 sq ft, the asking price per square foot is approximately $1,508. 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: RLS20082262
First Listed: 4/8/2026
On Market: 4/8/2026
Price Changed: 4/8/2026
Contract Date: 4/8/2026

Listing Courtesy of Douglas Elliman Real Estate - Joshua B Rubin

Listing Contact: (917) 727-6321

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 7:03 PM UTC

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