Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
559 W 23rd Street #5/6

For Sale · Listing by Compass

559 W 23rd Street #5/6

Chelsea, Manhattan

$4,500,000

Interested in this property?
Active For Sale Condo

$4,500,000

$1,867 per sq ft

559 W 23rd Street #5/6

Chelsea, Manhattan

Chelsea Waterside Residences

MLS® #RLS20114875

RLS at REBNY

Listing by Compass

3
Bedrooms
4
Baths
2,410
Sq. Ft.
2015
Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Living Area 2,410 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $4,244.79/mo
Property Taxes $64,907.76/yr
Neighborhood Chelsea
Floor 1 of 13

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 4 Full
Floor 1 of 13
View City
Exposure East,North,South,West
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 2015
Living Area 2,410 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00695/2203

Listing History

Event Date Price Change
Listed Sep 14, 2026 $4,500,000 -
Currently Sep 14, 2026 $4,500,000 -

Description

Introducing Residence 5/6 at 559 West 23rd Street, a light-filled duplex set in a private, boutique building a stone's throw from the West Chelsea waterfront. Spanning over 2,400 square feet, and with three bedrooms, a separate office with a Murphy bed, four full bathrooms, two terraces, and a double-height south-facing living room, Residence 5/6 is spacious, luxurious and turn-key. Enter the home through the key-locked elevator into a proper foyer which divides the quiet bedroom wing from the public living spaces. The grand living room has ceilings 20 feet high, and floor-to-ceiling windows to match. An additional west-facing window allows the familiar glow of afternoon light over the room, which can accommodate a generous seating area and dining for 10, plus a built-in wet bar with wine refrigerator. Adjacent, the semi-open kitchen includes custom cabinetry by Eggersman, Montclair Danby marble countertops, and appliances from Sub-Zero and Miele. Upstairs, the primary suite is a self-contained enclave, astutely separated from the rest of the apartment. The king-sized bedroom overlooks a private terrace, from which one can see sunsets over the Hudson River. The walk-in closet is nearly 100 square feet in size, matched only by the spa-like primary bathroom. Featuring two windows, one to the north and one to the east, and marble floors and walls, the primary bathroom has a double vanity, rain shower, and separate soaking tub. On the other side of the upper level, a dedicated office space or guest room -- complete with a Murphy bed -- offers flexibility for work or for guests; it includes a dedicated full bathroom just outside. The two secondary bedrooms are downstairs, each tucked away past a gallery in the north wing of the apartment. The larger of the two includes access to the second balcony, as well as a spacious closet. The corner bedroom includes exposures both north and east. Two full bathrooms serve this lower bedroom wing, each well appointed with premium finishes and fixtures from Duravit and Hansgrohe. Additional features include central air and heating; a washer/dryer; and private storage. 559 West 23rd Street is a boutique development of only six residential units, designed by NBO4 Architects. The building offers a virtual doorman, bicycle storage, and a gym. It's located near many of the city's most well-regarded galleries and art museums; outdoor spaces like Hudson River Park; Hudson Yards, Chelsea Market and the Meatpacking District; and Chelsea Piers. Furniture available for purchase separately.

Features & Amenities

Interior Features

Wet Bar Elevator High Ceilings Soaking Tub Bar Walk In Closets Common On Floor In Unit See Remarks Flooring: Hardwood

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators Fitness Center

Appliances

Wine Cooler

Building Information

Financial Details

Common Charges $4,244.79/mo
RE Taxes $64,907.76/yr ($5,409/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

242

Median Asking Price

$1.84M

Median $/Sqft

$1,957

Avg Days on Market

N/A

New This Week

63

Price Reduced

30%

Sold (30 Days)

42

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 9/14/26, 12:58 PM EST

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Location

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559 W 23rd Street #5/6, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2014
Year Built
12 years old
12
Floors
1
Residential Units
C6-3A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $5,362,201
Land Value: $836,101
Exemptions: $0

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

Lot Area: 2,469 SF
Building Area: 15,941 SF
Built FAR: 6.46
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 $4,244.79 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $64,907.76, or roughly $5,409 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 4 full bathrooms.

The listed interior living area is 2,410 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: Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $4,500,000 for 2,410 sq ft, the asking price per square foot is approximately $1,867. 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 milton@miltoncoste.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: RLS20114875
First Listed: 9/14/2026
On Market: 9/14/2026
Price Changed: 9/14/2026
Contract Date: 9/9/2026

Listing Courtesy of Compass - Nicholas H Gavin

Listing Contact: (646) 610-3055

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 9/14/2026 at 4:58 PM UTC

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Chelsea Market Update

42 sales last 30 days · $1.84M median · 5.8 months supply

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Quick Facts

Status Active Type Condo Neighborhood Chelsea Borough Manhattan
County New York
Floor 1 of 13
Year Built 2015
First Listed 9/14/2026
Living Area 2,410 sqft
Common Charges $4,244.79/mo
Annual Tax $64,907.76

Monthly Costs Estimate

Down Payment 20%

$900,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $4,244.79
Est. Taxes $5,409
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$67,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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