Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
520 W 23rd Street #8A
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Active For Sale Condop

$1,080,000

$1,619 per sq ft

520 W 23rd Street #8A

Chelsea, Manhattan

Marais

MLS® #RLS20069783

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

667

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 667 sq ft
Year Built 2003
Ownership Condop
HOA/Common Charges $2,437/mo
Neighborhood Chelsea
Floor 8 of 15

Property Highlights

  • Views: City
  • Outdoor Space: Terrace, Balcony
  • Climate Control: Central Air

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 8 of 15
View City
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2003
Living Area 667 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0694-0042-00520-000-000008A
Block/Lot 00694/0042

Listing History

Event Date Price Change
Listed Apr 2, 2026 $1,080,000 -
Currently May 4, 2026 $1,080,000 -

Description

Renovated to perfection. Stylish, move in ready Chelsea Gem. Sunlight, style, and private outdoor space in the heart of West Chelsea. Welcome to Residence 8A at The Marais — a beautifully gut renovated, approximately 670 SF one-bedroom with a private balcony and an exceptionally efficient layout that makes full use of every square inch, with no wasted or underutilized space. The living room is generously proportioned and thoughtfully configured, easily accommodating separate areas for lounging, dining, and a proper work-from-home setup. Oversized windows and a glass door flood the space with natural light and open directly to the balcony, creating a seamless indoor–outdoor connection. The recent renovation was executed with a clean, modern sensibility and a clear attention to quality and detail. The kitchen features sleek, streamlined cabinetry paired with Italian Krion countertops, offering a refined matte finish that is both durable and elegant. High-end stainless steel appliances include a Liebherr refrigerator, Bosch dishwasher, and a gas range, along with excellent storage that keeps the space feeling uncluttered and highly functional. The spa-inspired bathroom is finished in classic white tile and designed for comfort, featuring a 28-inch deep soaking tub, rain-style shower, TOTO toilet, modern vanity, and timeless mosaic flooring. The bedroom is calm and well scaled, comfortably fitting a queen or king-sized bed with generous wall space and natural light. All closets throughout the home are fully outfitted with custom ELFA systems, maximizing storage without compromising aesthetics. Additional thoughtful upgrades include oak flooring, updated lighting with dimmers throughout, built-out storage, and a refined, truly move-in-ready finish. The Marais is a well-managed, investor-friendly condop offering rare flexibility: no board interview or approval required, unlimited subletting from day one, and allowances for pieds-à-terre and 1031 exchanges. Amenities include full-time doorman service, a landscaped courtyard, a furnished roof deck with open city views, bike storage, on-site laundry, elevator access, and a pet-friendly policy. Ideally located moments from the High Line, Hudson River Park, Chelsea Piers, and West Chelsea’s acclaimed galleries, restaurants, and shopping, this is turnkey living with private outdoor space in one of Manhattan’s most dynamic neighborhoods.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Terrace Balcony

Building Amenities

Elevators

Building Information

Building Marais
Building Data View Compliance & Permits
Total Units 107
Stories 15
Structure HighRise

Financial Details

Common Charges $2,437/mo
Land Lease Yes

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

307

Median Asking Price

$1.84M

Median $/Sqft

$1,834

Avg Days on Market

N/A

New This Week

24

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/4/26, 6:42 AM EST

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Location

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520 W 23rd Street #8A, Chelsea, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
15
Floors
107
Residential Units
C6-3A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $18,111,150
Land Value: $540,000
Exemptions: $9,160

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,125 SF
Building Area: 95,656 SF
Built FAR: 7.89
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,437 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 667 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2003, making it approximately 23 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property: Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,080,000 for 667 sq ft, the asking price per square foot is approximately $1,619. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20069783
First Listed: 2/2/2026
On Market: 4/2/2026
Contract Date: 2/2/2026

Listing Courtesy of Compass - John B Lee

Listing Contact: (917) 886-5140

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 10:42 AM UTC

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