Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,150,000

Listed at $1,785,000 · Sold 35.6% below asking · Closed March 21, 2014

540 W 28th Street #5D
Closed For Sale Condo

$1,785,000

$1,537 per sq ft

540 W 28th Street #5D

CHELSEA, Manhattan

MLS® #RLS10076386

RLS at REBNY

Listing by Elliman

2

Bedrooms

2

Baths

1,161

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,161 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,115/mo
Property Taxes $4,692/yr
Neighborhood CHELSEA
Floor 5 of 13

Property Highlights

  • Style: Prewar architecture
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths null Full
Floor 5 of 13
Pets Yes
Cross Street 10th & 11th Avenue
Year Built 2008 (New)
Living Area 1,161 sq ft
Architectural Style Prewar
Parcel # 0699-1232

Listing History

Event Date Price Change
Listed Jan 14, 2014 $1,785,000 -
Currently May 15, 2026 $1,785,000 -

Description

5-D is an elegantly laid out two bed/two bath home literally steps from the High Line, Chelsea Piers and the vibrant West Chelsea gallery scene. Sleek finishes include 7" wide plank floors, double glazed insulated windows and individual heat and A/C controls: Industrial meets Luxury. Appliances include Sub Zero Refrigerator, Bertazzoni oven, Viking microwave, Bosch Dishwasher & Washer/Dryer. There's a disposal, and we're pre-wired for Verizon Fios, too. Amenities offer a 24 Hour Concierge, Live-In Super., Roof Deck with Grill & Wet Bar, 24/7 Fitness Room, Cold Storage and Art Yard. Pet Friendly, with a Tax Abatement in place until 2021, occupancy is immediate.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Common Charges $1,115/mo
RE Taxes $4,692/yr ($391/mo)
Sale Price $1,150,000

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

318

Median Asking Price

$1.79M

Median $/Sqft

$1,741

Avg Days on Market

N/A

New This Week

14

Price Reduced

34%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 6:01 AM EST

Recently Sold in CHELSEA

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Location

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540 W 28th Street #5D, CHELSEA, New York County • Near 10th & 11th Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2009
Year Built
17 years old
13
Floors
90
Residential Units
C6-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $23,130,222
Land Value: $4,500,000
Exemptions: $0

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

Lot Area: 17,406 SF
Building Area: 98,610 SF
Built FAR: 5.67
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 $1,115 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,692, or roughly $391 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,161 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $1,785,000 for 1,161 sq ft, the asking price per square foot is approximately $1,537. 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: RLS10076386
First Listed: 1/14/2014
Closed: 3/21/2014
Contract Date: 1/10/2014

Listing Courtesy of Elliman - Kirk P. Rundhaug

Listing Contact: (917) 892-5000

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 5/15/2026 at 10:01 AM UTC

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