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Sold
  • $4,350,000

    525 W 22nd St APT 5F, New York, NY 10011

    2beds
    2,938sqft
    Condominium
    Built in 1930
    -- sqft lot
    $4,377,800 Zestimate®
    $1,481/sqft
    $18,523 Estimated rent

    Home value

    $4,377,800

    $3.72M - $5.08M

    $18,523/mo

    Zestimate® history
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    What's special

    Experience nearly 3000+- SF / 279+- SqM of pure love, in the iconic Spears Building where pre-war meets modern loft living, at 525 West 22nd Street, New York, NY 10011. Located right next to the Highline, this well run full-service Boutique Condominium in prime West Chelsea's art district offers some of New York's best art galleries, top eateries and iconic streetscapes just outside your door. Perched on the serene side of the building, this extraordinary residence, currently staged as an immense 3 bedroom, features an awe-inspiring great room with original beamed ceilings, oversized windows, wood-burning fireplace and an immense footprint for gracious entertaining, with plenty of wall space for your art. Dramatic oversized bedrooms enjoy pin-drop quiet, excellent natural light and plenty of customized closets, while the romantic primary suite, situated at the end of a private hall offers tons of bright open space, amazing closets and a stunning spa-like bath right out of Italy, this sublime windowed retreat features two elegant sinks, an enormous soaking tub, large separate shower and tons of hidden storage. The secondary bedroom offers direct views onto the Highline and has space for a desk, separate seating area or reading nook, while the dreamy adjacent den complete with wet bar, butler's pantry and wine fridge, could easily be utilized as a 3rd flex bedroom, formal dining room, library or home office. As well, the wet bar can convert to a 3rd full bathroom, with approval, whilst keeping the ambiance of luxury loft living. Built in 1880 as a commercial manufacturing building and converted to a full-service Boutique Condominium in 1996, the Spears Building is compromised of 30 loft residences in a 6 story building with a beautifully landscaped common roof deck, full-time building manager and 7-day doorman, from 8 AM to Midnight. Additional perquisites include a recently completed modernization project resulting in a brand new elevator, updated building mechanicals, newly restored facade, new roof and updated building entrance, while the coveted location and wonderful service team make this one of the most desirable buildings in the area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lydia Sussek,

    Douglas Elliman,

    Joelle Jensen

    Source: StreetEasy,MLS#: S1689587

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bike Room
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,938
    • Total interior livable area: 2,938 sqft

    Property

    Features
    • Has view: Yes
    • View description: City, Park/Greenbelt, Skyline
    Details
    • Parcel number: 006941028
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1930

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman
    • Security: Doorman, Full-Time Doorman
    • Subdivision: West Chelsea
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s)
    • Services included: Maintenance
    • HOA fee: $3,308 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,481/sqft
    • Tax assessed value: $720,117
    • Annual tax amount: $33,672
    • Date on market: 11/13/2023

    Price history

    DateEventPrice
    5/10/2024Sold$4,350,000-1.1%$1,481/sqft
    Source: Public Record Report a problem
    5/19/2023Listing removed--
    Source: StreetEasy Report a problem
    2/22/2023Price change$4,400,000-4.3%$1,498/sqft
    Source: StreetEasy Report a problem
    12/5/2022Price change$4,600,000-7.9%$1,566/sqft
    Source: StreetEasy Report a problem
    11/7/2022Price change$4,995,000-4.9%$1,700/sqft
    Source: StreetEasy Report a problem
    9/27/2022Listed for sale$5,250,000+49.1%$1,787/sqft
    Source: StreetEasy Report a problem
    2/14/2008Sold$3,520,000+196.4%$1,198/sqft
    Source: Public Record Report a problem
    8/25/1999Sold$1,187,500+81.4%$404/sqft
    Source: Public Record Report a problem
    5/1/1997Sold$654,500$223/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,517 +2.7%$324,053 +11.2%
    2024$34,594 +2.7%$291,396 +5.7%
    2023$33,676 $275,675 +1.9%
    2022-- $270,492 +4.4%
    2021-- $259,065 -9.7%
    2020-- $286,933 +2.3%
    2019$31,659 +4%$280,477 +4.9%
    2018$30,447 +1.5%$267,454 +1.1%
    2017$29,990 +3.6%$264,474 +2%
    2016$28,935 $259,191 +25.8%
    2015$28,935 +95.8%$205,969 +4.6%
    2014$14,777 $196,928 +16.4%
    2013-- $169,195 -25.3%
    2012-- $226,520 +3.9%
    2011-- $218,073 +25.5%
    2010-- $173,737 +13.9%
    2009-- $152,550
    Find assessor info on the county website

    Neighborhood: Chelsea

    Nearby schools

    GreatSchools rating