520 W 23rd St #PH16F

Condo in West Chelsea
Active
 for Sale at 520 West 23rd Street, New York, NY 10011

Open House: Sun Apr 2, 2:30PM - 3:30PM

13

 for Sale at 520 West 23rd Street, New York, NY 10011
 for Sale at 520 West 23rd Street, New York, NY 10011
 for Sale at 520 West 23rd Street, New York, NY 10011
$1,665,000
$85K (4.9%)
2
Beds
2
Baths
Half Bath
965
Ft²
$1,725
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
2.93%
Est. Monthly
$11,607
PENTHOUSE two-bedroom two bath Condop in the HOT West Chelsea Gallery District. Striking north, east and south views including the Empire State Building and Hudson River. This home features high ceilings ( 9 feet), oversized windows, renovated windowed kitchen, upgraded wood floors, custom lighting and window treatments and a balcony overlooking the High Line Park. This Penthouse residence is just one flight of stairs away from one of the city's best roof decks. Neighborhood highlights include Chelsea Waterside Park, Little Island, City Winery, Hudson Yards and much more. Full-service building features a 24-hour doorman, live-in super, bike room, laundry room, planted rear garden and common roof deck...

Building Features

Ownership & Occupancy

Sublets AllowedPied-à-Terre Allowed

Facilities

Bike RoomLaundry Room

Outdoor Space

GardenRoof Deck

Laundry

Washer / Dryer Allowed

Home Features

HVAC

Central A/C

Outdoor Space

Balcony

View

City ViewRiver View

Exposure

North ExposureSouth ExposureEast Exposure

Price History

Date/EventEventPrice
Mar 15, 2023 Price DecreasedPrice Decreased$1,665,000 $85K (4.9%)
Feb 1, 2023 Listed by CompassListed by Compass$1,750,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$90,000
ExpensesPer Year
$41,184
Operating ProfitPer Year
$48,816
Cap rate
2.93%

Price Estimate

$1,964,000$1,681,980$1,399,960
20232024202520262027
Current Asking Price

$1,665,000

HopScore Market Price

$1,681,980

The current asking price is $16,980.08 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
2
2
955 ft²
$1,571/ft²
$1,500,000
$2,916/mo
Sold
Condo
2
2
964 ft²
$1,452/ft²
$1,400,000
$2,391/mo
Sold
Condo
2
2
956 ft²
$1,494/ft²
$1,428,000
$1,702/mo
Sold
Condo
2
1.5
1,050 ft²
$1,524/ft²
$1,600,000
$1,818/mo
Sold
Condo
2
2
1,004 ft²
$1,693/ft²
$1,700,000
$2,493/mo

Payment Calculator


Building Info

The Marais520 West 23rd Street, New York, NY 10011
  • 110 Units
  • 2 Units for Sale
More about this Building
520 West 23rd Street
Want to find out who owns 520 West 23rd Street, New York, NY 10011? Get detailed property transactions here .

Neighborhood

About West Chelsea

Stats & Trends

The median asking price in West Chelsea is $1,250,000.
  • Median Asking

    $1,250,000
  • Sale Price/ft²

    $1,588.38
  • Above Asking

    0.22%
  • Days on Market

    120

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
1
1
-
$4,900
-/mo
Mar 31, 2023
Active
-
-
-
-
2
2
-
$1,175,000
-/mo
Mar 1, 2023
Active
-
-
-
-
2
2
965
$1,750,000
-/mo
Feb 1, 2023
Active
-
-
-
-
2
2
891
$1,220,000
-/mo
Nov 10, 2022
In Contract
-
-
-
-
-
Stu
1
450
$610,000
-/mo
Sep 22, 2022
Sold
Dec 21, 2022
90 days
$600,000
-1.64%
-
1
1
-
$750,000
-/mo
Sep 13, 2022
Sold
Mar 6, 2023
174 days
$715,000
-4.67%
-
1
1
644
$859,000
-/mo
Aug 3, 2022
Withdrawn
-
-
-
-
-
1
1
-
$835,000
$2,008/mo
May 14, 2022
Sold
Jul 20, 2022
67 days
$822,250
-1.53%
2
2
-
$1,350,000
$2,717/mo
Mar 16, 2022
Sold
May 23, 2022
68 days
$1,300,000
-3.70%
2
2
891
$1,275,000
$2,806/mo
Mar 11, 2022
Sold
May 19, 2022
69 days
$1,240,000
-2.75%

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Unit #PH16F, 520 West 23rd Street, New York, NY 10011


Frequently Asked Questions

What is the median home price in Midtown Manhattan?
The median home price in Midtown Manhattan is $1,650,000, or $1,712/sqft. When you buy a home in Midtown Manhattan, you can expect to pay between $821,250 to $3,495,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Midtown Manhattan?
The median home price for a studio in Midtown Manhattan is $549,000, or $1,246/sqft.
What is the median home price for a One-Bedroom in Midtown Manhattan?
The median home price for a one-bedroom home in Midtown Manhattan is $895,000, or $1,438/sqft.
What is the median home price for a Two-Bedroom in Midtown Manhattan?
The median home price for a two-bedroom home in Midtown Manhattan is $2,250,000, or $1,746/sqft.
What is the median home price for a Three-Bedroom in Midtown Manhattan?
The median home price for a three-bedroom home in Midtown Manhattan is $4,395,000, or $2,087/sqft.
What is the median home price for a Four+ Bedroom in Midtown Manhattan?
The median home price for a four+ bedroom home in Midtown Manhattan is $8,492,500, or $2,500/sqft.
What is the breakdown of listings by bedroom count in Midtown Manhattan?
There are currently 2,402 available properties for sale in Midtown Manhattan. Of those, 12.61% are studio listings, 30.85% are one-bedroom listings, 32.14% are two-bedroom listings, 15.65% are three-bedroom listings, and 8.74% are four+ bedroom listings.
What is the breakdown of listings by property type in Midtown Manhattan?
There are currently 1,407 condos, 4 houses, 34 townhouses, and 24 multifamilies located in Midtown Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Midtown Manhattan?
The least expensive property sold in Midtown Manhattan for $12,000.
Now, what is the most expensive property sold in the past 12 months in Midtown Manhattan?
The most expensive property sold in Midtown Manhattan for $90,000,000.
How long on average are properties in Midtown Manhattan on the market?
Based on our collected data, properties in Midtown Manhattan are on the market for a median time of 121 days.

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