See Home Value
$282,000
Co-op - Off Market

408 W 25TH ST #4RW

Manhattan, NY 10001
bedrooms
Studio
bathrooms
1 Bath
$1,935
Estimated Monthly
13.62%
Cap Rate

About This Property

PRICE REDUCTION! ALL CASH ONLY. Rare opportunity for an affordable apartment in Chelsea. Low price and low maintenance. Quiet and sunny.

IMPORTANT: This is an HDFC co-op with restrictions for income, resale and subletting. Total household income cannot exceed $50,000 per year at the time of purchase. The co-op does not require considerable liquid assets after closing. Gifting is allowed. Must be your primary residence. No investors or pieds a terre. Owner can sublet for two years out of every five years after their first three years of ownership. Short term sublets are not allowed. $10,000 flip tax for future resale. Note that similar market rate apartments sell for much more and require considerable liquid assets after closing.

Decorative fireplace. Exposed brick. Hardwood floor. High ceilings. Nice renovated bathroom with window. Washer/dryers are allowed in the apartment. Open eat in kitchen needs stove and fridge. Move in condition ready for your personal touch with great potential. Fourth floor of a walk-up (three flights up). In the back of the building so very quiet with great natural light (faces south). This charming building has undergone improvements (including new front entrance, intercom, staircase and hallways) with more planned (including the facade, a new laundry room, new mailboxes and possible backyard). Pet friendly.

Chelsea Recreation Center is on the block (gym, swimming pool and various other activities). Supermarket, pharmacy, post office and numerous other conveniences are also right on your doorstep. Trader Joe's, Whole Foods, Fairway and Chelsea Market are all within walking distance. Steps to C and E subway, The Highline, Hudson River Park, Chelsea Piers sports complex, the thriving art gallery scene, restaurants and nightlife.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$550
Year Built
1910
Last updated: 4 months ago ( #RPLU-6329684784)

Price History

Date / Event Date Event Price
May 4, 2015 Sold to Anthony P Martinez $275,000
Sold to Anthony P Martinez
Oct 8, 2014 Listed by Halstead dba Brown Harris Stevens Residential Sales LLC $282,000
Listed by Halstead dba Brown Harris Stevens Residential Sales LLC
Feb 17, 2014 Listed by Spire Group Inc. $299,000
Listed by Spire Group Inc.
***Open House By Appointment Only*** ***Prospective Buyers MUST email 24-Hours in advance requesting a time for Sunday OH*** ***Brokers You Must Register Your Clients 24-Hours in advance*** Just when you think you've seen it all. Along comes this undiscovered gem right in the heart of Chelsea. After 25-years, the owners are finally allowed to sell these fantastic apartments. The question you have to ask, is whether or not you will take advantage of this once in a lifetime opportunity.…

Property Highlights

Interior Details

Room Information

Rooms: 2
Exterior Details

Property Information

Property Condition: Fair
PropertySubType: Apartment

Building Information

Building Name: null
Stories (Total): 5


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
1 Bed
1 Bath
-
$269,000 May 10, 2017
$269,000 Nov 28, 2017
$550/mo
Co-op
1 Bed
1 Bath
-
$299,000 Oct 30, 2023
-
$750/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221019 Unit 4FW
10/19/2022
4FW
Studio
1 Bath
-
$350,000
bedrooms
Studio
bathrooms
1 Bath
$426,500 +21.86%
01/17/2023
Joshua Rubin
Douglas Elliman Real Estate
20210708 Unit 4FE
07/08/2021
4FE
1 Bed
2 Bath
-
$299,000
bedrooms
1 Bed
bathrooms
2 Bath
$299,000
11/01/2021
Vanessa Villanova
Corcoran Group
20200915 Unit 2RW
09/15/2020
2RW
Studio
1 Bath
-
$360,000
bedrooms
Studio
bathrooms
1 Bath
$294,000 -18.33%
08/04/2014
-
Elizabeth Butler
Compass
20200116 Unit 3RW
01/16/2020
3RW
1 Bed
1 Bath
-
$450,000
bedrooms
1 Bed
bathrooms
1 Bath
$365,000 -18.89%
10/25/2021
-
Pamela Wolfe
The Corcoran Group
20170510 Unit 1RE
05/10/2017
1RE
1 Bed
1 Bath
-
-
bedrooms
1 Bed
bathrooms
1 Bath
$269,000
11/28/2017
-
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
20170105 Unit 4RE
01/05/2017
4RE
Studio
1 Bath
-
$299,000
bedrooms
Studio
bathrooms
1 Bath
$265,000 -11.37%
08/19/2019
-
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
20160516 Unit 2FW
05/16/2016
2FW
Studio
1 Bath
-
$289,000
bedrooms
Studio
bathrooms
1 Bath
$289,000
10/31/2016
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
20150106 Unit 4FW
01/06/2015
4FW
Studio
1 Bath
-
$280,000
bedrooms
Studio
bathrooms
1 Bath
$280,000
11/02/2015
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
20141008 Unit 4RW
10/08/2014
4RW
Studio
1 Bath
-
$282,000
bedrooms
Studio
bathrooms
1 Bath
-
05/04/2015
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
20140821 Unit 3RE
08/21/2014
3RE
1 Bed
1 Bath
-
$259,000
bedrooms
1 Bed
bathrooms
1 Bath
$259,000
02/05/2021
-
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
20140217 Unit 4RW
02/17/2014
4RW
Studio
1 Bath
-
$299,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
John Jourden
Spire Group Inc
20140217 Unit 3RE
02/17/2014
3RE
Studio
1 Bath
-
$259,000
bedrooms
Studio
bathrooms
1 Bath
-
12/08/2014
John Jourden
Spire Group Inc.
20140121 Unit 3RW
01/21/2014
3RW
Studio
1 Bath
450 ft²
$249,000
bedrooms
Studio
bathrooms
1 Bath
square feet
450 ft²
$225,000 -9.64%
11/17/2014
Bruce Solomon
Elliman
20131017 Unit 4FE
10/17/2013
4FE
1 Bed
1 Bath
-
$299,000
bedrooms
1 Bed
bathrooms
1 Bath
$319,000 +6.69%
04/14/2014
Lawrence Schier
Corcoran Group
20130628 Unit 2RW
06/28/2013
2RW
Studio
1 Bath
-
$294,000
bedrooms
Studio
bathrooms
1 Bath
$294,000
08/04/2014
-
Neil Tilbury
Brown Harris Stevens Residential Sales LLC

Building Info

408 West 25th Street 408 West 25th Street, New York, NY 10001
  • 20 Units
More about this Building
408 West 25th Street
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About Midtown Manhattan


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