250 W 27th Street #3F
About This Property
Situated on one of Chelsea's quietest and most charming blocks, this residence is part of a well-maintained elevator building at 250 West 27th Street. The building offers convenient on-site laundry facilities and is ideally located for easy access to Midtown, the Flatiron District, and the High Line, as well as the West Side promenade. The home is truly in move-in condition, ready for you to enjoy its luxurious amenities and prime location.
The loft's open floor plan creates a spacious and airy atmosphere, while the modern kitchen stands out with sleek finishes and ample counter space, perfect for culinary enthusiasts. The large bedroom provides a serene retreat, complete with generous closet space and custom built-ins that cater to your storage needs.
This property boasts six large north-facing windows, bathing the loft in natural light and accentuating its open and welcoming ambiance. The thoughtful layout ensures plenty of storage options, and the generous space even allows for the addition of an internal home office, a feature that has been successfully incorporated into similar units within the building.
West 27th Street is a gated, tree-lined block closed to daytime traffic from Monday to Friday, offering residents 24/7 access and an added layer of security provided by the Fashion Institute of Technology. The location is a commuter's dream, with easy access to various subway lines, the PATH train, Madison Square Garden, and Penn Station. Nearby attractions include Hudson Yards, Whole Foods, Fairway Market, Eataly, and Madison Square Park, as well as the vibrant Chelsea Gallery District and the scenic Hudson Park.
This pet-friendly, well-established cooperative boasts low maintenance fees, strong financials, and excellent amenities, including a live-in superintendent, laundry and bike storage rooms, and basement storage lockers. This is a rare opportunity to own a luxurious loft in one of New York City's most sought-after neighborhoods. Don't miss your chance to call this beautiful home your own!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 18, 2024 | Price Decreased |
$995,000
↓ $55K
(5.2%)
|
|
Price Decreased | |||
Jun 26, 2024 | Price Decreased |
$1,050,000
↓ $100K
(8.7%)
|
|
Price Decreased | |||
Jun 10, 2024 | Listed by Sothebys International Realty | $1,150,000 | |
Listed by Sothebys International Realty | |||
Oct 15, 2013 | Sold to Adam Zellers, Daniela Basto... | $905,000 | |
Sold to Adam Zellers, Daniela Basto... | |||
May 7, 2013 | Listed by Douglas Elliman Real Estate | $850,000 | |
Listed by Douglas Elliman Real Estate | |||
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Simply stunning one bedroom loft in excellent condition with
amazing closets and custom built-ins. Step into this space and take
in the enormous living room with super high ceilings, hardwood
floors and huge windows! The volume of this space is seldom found
in today's market at such affordable price. Located on one of the
quietest blocks of Chelsea, 250 is a well cared for elevator
building with on-site laundry where pets are permitted.
Conveniently located to Midtown and the Flatiron…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/15/2022
|
1 Bed
|
1 Bath
|
-
|
$718,000
1 Bed
1 Bath
|
$630,000
-12.26%
05/18/2023
|
-
|
Paolo (Valois) Lopes
Elliman
|
|
05/13/2022
|
1 Bed
|
2 Bath
|
-
|
$1,395,000
1 Bed
2 Bath
|
$1,200,000
-13.98%
06/22/2023
|
-
|
Paolo (Valois) Lopes
Elliman
|
|
03/14/2022
|
2 Bed
|
2 Bath
|
2100 ft²
|
$2,150,000
2 Bed
2 Bath
2100 ft²
|
$2,175,000
+1.16%
06/10/2022
|
-
|
Maurizio Trois
Prudential Douglas Elliman Real Estate
|
|
09/08/2021
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,098,000
1 Bed
1 Bath
900 ft²
|
$1,075,388
-2.06%
12/09/2021
|
-
|
Christopher Clowdus
Cooper & Cooper Real Estate
|
|
04/05/2021
|
2 Bed
|
1 Bath
|
-
|
$1,295,000
2 Bed
1 Bath
|
$1,295,000
08/11/2021
|
-
|
Susan Molloy
Compass
|
|
12/09/2020
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$508,000
-3.24%
03/25/2021
|
-
|
Joshua Judge
Sothebys International Realty
|
|
08/29/2020
|
1 Bed
|
1 Bath
|
-
|
$1,250,000
1 Bed
1 Bath
|
$999,000
-20.08%
03/18/2021
|
-
|
John Gomes
Douglas Elliman Real Estate
|
|
10/09/2018
|
3 Bed
|
2 Bath
|
1516 ft²
|
$2,100,000
3 Bed
2 Bath
1516 ft²
|
$1,845,000
-12.14%
04/19/2019
|
-
|
Yardena Agresta
Compass
|
|
05/30/2018
|
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
03/01/2018
|
1 Bed
|
2 Bath
|
1100 ft²
|
$1,500,000
1 Bed
2 Bath
1100 ft²
|
$1,250,000
-16.67%
08/30/2018
|
-
|
Michael Lubin
Brown Harris Stevens Residential Sales LLC
|
|
10/25/2017
|
2 Bed
|
1 Bath
|
1100 ft²
|
$1,265,000
2 Bed
1 Bath
1100 ft²
|
$1,200,000
-5.14%
04/30/2018
|
-
|
Caryl Berenato
Compass
|
|
09/01/2015
|
2 Bed
|
1 Bath
|
1100 ft²
|
$1,295,000
2 Bed
1 Bath
1100 ft²
|
$1,260,000
-2.70%
05/01/2016
|
-
|
Marjorie Dybec
Prudential Douglas Elliman Real Estate
|
|
07/15/2015
|
1 Bed
|
2 Bath
|
1550 ft²
|
$1,500,000
1 Bed
2 Bath
1550 ft²
|
-
-
|
-
|
Joshua B Rubin
Prudential Douglas Elliman Real Estate
|
|
10/01/2014
|
2 Bed
|
1 Bath
|
1100 ft²
|
$1,325,000
2 Bed
1 Bath
1100 ft²
|
$1,280,000
-3.40%
02/18/2015
|
-
|
Marjorie Dybec
Prudential Douglas Elliman Real Estate
|
|
05/07/2013
|
1 Bed
|
1 Bath
|
975 ft²
|
$850,000
1 Bed
1 Bath
975 ft²
|
$905,000
+6.47%
10/15/2013
|
-
|
Joshua Rubin
Douglas Elliman Real Estate
|
|
11/28/2012
|
2 Bed
|
2 Bath
|
-
|
$775,000
2 Bed
2 Bath
|
$775,000
02/05/2021
|
-
|
Douglas Perlson
Perlson Douglas J
|