NOT LISTED FOR SALE

257 W 17th St Unit PHB New York, NY 10011

Chelsea Neighborhood

Estimated Value: $4,230,000 - $5,275,000

4 Beds
3.5 Baths
2,561 Sq Ft
$3,111/mo HOA Fee

Last Sold March 07, 2024

Last sale price $4,900,000 $1,913 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $35,703/month

29 Days on Market

Highlights

  • City View
  • 3-minute walk to 8 Avenue-14 Street
  • Pre War Building
  • P.S. 11 Sarah J. Garnet School Rated A
  • 11,688 Sq Ft lot
  • 1-minute walk to Dr. Gertrude B. Kelly Playground

About This Home

As of March 2024

Indoor/outdoor living at its finest atop a rare Chelsea Penthouse. Scale and serenity await in this glorious duplex with more than 900 square feet of private outdoor space and unparalleled views to the North and West. The sprawling ~ 2,600 square foot residence boasts 4 bedrooms, 3.5 baths, soaring 11’ ceilings, oversized windows that allow sunlight to stream through every room, and pristine hardwood floors throughout. On the first-floor level, there are three full bedrooms, two-and-a-half bathrooms, an expansive living space/open concept great room with chef’s kitchen appointed with top-of-the-line appliances in the Sponsor's original finishes.

Experience ultimate zen on the second level with a gorgeous primary suite, large walk-in closet, en-suite bath with steam shower, floor-to-ceiling windows, and several entrances to the oversized private terrace. This serene oasis has 1/3rd of the space covered allowing for three-season use with the remaining open terrace capturing stunning panoramas of the city and water views - the perfect entertaining space in rain or shine! The residence also features an in-unit washer and dryer. Rarely does a true penthouse loft like this come to market and it is awaiting the next buyer's personal touch.

The Steiner Building is a boutique condo in Chelsea with only 10 floors and approximately 31 units. Amenities include a roof deck, bike room and part-time doorman from 8am to midnight daily. Pets allowed. This prime Chelsea location is surrounded by galleries, dining, and cultural experiences including the High Line, Little Park, Chelsea Market, and Whitney Museum. Located just around the corner from several express forms of transportation, The Steiner Building is the epitome of convenience at the intersection of New York City culture.

Last Listed By

Kristi Ambrosetti

Sothebys International Realty License #10301212465 Listed on: 10/18/2023

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $74,388

Year Built

  • Built in 1905

Lot Details

  • 0.27

HOA Fees

  • $3,111 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,561 Sq Ft Home
  • Entrance Foyer
  • Home Gym
  • Dishwasher
  • City Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 00767

Community Details

Overview

  • 31 Units
  • The Steiner Building Condos
  • Chelsea Subdivision
  • 10-Story Property

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$74,388

Year Built

Built in 1905

Lot Details

0

HOA Fees

$3,111 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • Entry Level: 2
  • Unit Levels: Multi/Split
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer, Elevator
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 2561.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area, Laundry Room, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3111.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 11688.0
  • Lot Size Dimensions: 127.0 x 92.0

Building Info

  • New Construction: No
  • Building Name: The Steiner Building
  • Units: 31
  • Total Stories: 10
  • Year Built: 1905

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00767
  • Tax Lot: 7502
  • Tax Annual: 74388.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Kestin Lawrence
Bought by
Lawrence Kestin Revocable Trust and Lawrence Kestin Trustee
Total Days on Market
29
Current Estimated Value
$4,739,087

Purchase Details

Closed on
Feb 1, 2012
Sold by
257 West 17Th St Llc
Bought by
Kestin Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Brau Kevin
Bought by
257 West 17Th St Llc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lawrence Kestin Revocable Trust -- --
Kestin Lawrence $3,800,000 --
Kestin Lawrence $3,800,000 --
257 West 17Th St Llc $4,575,000 --
257 West 17Th St Llc $4,575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kestin Lawrence $2,660,000
Previous Owner Brau Kevin $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $4,900,000 -6.7% $1,913 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $5,250,000 0.0% $2,050 / Sq Ft
06/30/2022 06/30/22 Rented $22,000 0.0% --
04/27/2022 04/27/22 For Rent $22,000 +30.2% --
04/20/2022 04/20/22 Off Market $16,900 -- --
10/17/2017 10/17/17 Rented -- -- --
10/17/2017 10/17/17 Rented $16,900 -19.1% --
09/17/2017 09/17/17 Under Contract -- -- --
07/13/2017 07/13/17 For Rent $20,900 +19.4% --
02/05/2014 02/05/14 Rented -- -- --
01/06/2014 01/06/14 Under Contract -- -- --
12/23/2013 12/23/13 For Rent $17,500 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $74,286 $594,192 $43,001 $551,191
2023 $59,955 $592,427 $43,001 $549,426
2022 $57,452 $569,176 $43,001 $526,175
2021 $68,181 $555,805 $43,001 $512,804
2020 $55,463 $627,474 $43,001 $584,473
2019 $49,778 $606,718 $43,001 $563,717
2018 $53,469 $585,515 $43,000 $542,515
2017 $47,252 $457,903 $43,000 $414,903
2016 $44,602 $417,309 $43,000 $374,309
2015 $15,762 $324,622 $43,001 $281,621
2014 $15,762 $316,597 $43,001 $273,596
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10939251

Real Estate Board of New York (REBNY)

APN: 0767-1130