551 W 21ST Street #8B
MLS® #RLS20076399
Listing by Douglas Elliman Real Estate
2
Bedrooms
2.5
Baths
2,425
Sq. Ft.
2015
Year Built
Quick Summary
Property Highlights
- Views: City, Ocean, Panoramic, River
- Exposure: North,South facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 11, 2026 | $7,125,000 | - |
| Price Reduced | Apr 13, 2026 | $7,150,000 | +0.4% |
| Currently | May 5, 2026 | $6,850,000 | -4.2% |
Description
Introducing The Awe-Inspiring, Custom-Designed NYC Home of Hotelier and Developer, Alan Faena
At 2,425 square feet, this impeccably designed two-bedroom, two-and-a-half-bathroom home with a separate library/den is perfectly located on the best block of the West Chelsea waterfront. Beautifully scaled and masterfully designed by the architects of Foster + Partners, along with Alana Faena and his team, this residence includes a magnificent 26' x 19' southwest-facing corner living room, overlooking the Hudson River, downtown Manhattan and beyond. The fully appointed kitchen with beveled marble countertops and backsplash, and a generous library/ media room complete the apartment's entertainment and living spaces.
A gracious master bedroom features a fully finished dressing room with extensive custom millwork by Foster + Partners. The luxurious master bathroom includes a stately entrance through 9' double doors, a freestanding tub, radiant heated Luna Black granite floors, as well as a custom Corian vanity with integrated lighting. Other features include an enclosed shower and water closet with custom designed floor-to-ceiling translucent glass doors. The secondary bedroom has an en-suite bath with Travertino Striato stone floors and elegant Dornbracht fixtures.
With just 42 private homes overlooking the Hudson River in West Chelsea, 551 West 21st Street is one of the most celebrated buildings along West Chelsea's Architect's Row. An exclusive and urbane setting, 551 is ideally located on Manhattan's waterfront and a premier block in one of the most vibrant and sought-after neighborhoods in the world. The building is perfectly located in the West Chelsea Arts District, with top gallerists from Paula Cooper, Barbara Gladstone, Larry Gagosian and David Zwirner all as neighbors; additional nearby attractions include the High Line Park, High Line Hotel, as well as the ever-expanding Hudson Yards and countless restaurants and shopping.
Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street features a gated drive court with 24/7 valet parking and surrounded by a 20-foot green wall, a dramatic awe-inspiring 34-foot, double height lobby with custom designed chandelier and a prismatic glass wall allowing natural light to flood the space. Additional amenities include full-time doorman and concierge, porter and valet services, a state-of-the-art fitness center with spa and sauna, treatment room, yoga and pilates room, golf simulator, billiards and residents' lounge, bike storage, a live-in super and a dedicated, separate service entrance.
Parking in the building is available separately for purchase, providing an immediate escape in and out of the City via the West Side Highway.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Chelsea
View All Chelsea ListingsChelsea 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 NeighborhoodActive Listings
313
Median Asking Price
$1.84M
Median $/Sqft
$1,760
Avg Days on Market
N/A
New This Week
30
Price Reduced
26%
Sold (30 Days)
35
Median Sale Price
$2.05M
Live data from RLS at REBNY • Updated 5/5/26, 11:48 AM EST
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551 W 21ST Street #8B, Chelsea, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $5,558 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.
The listed interior living area is 2,425 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2015, making it approximately 11 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $6,850,000 for 2,425 sq ft, the asking price per square foot is approximately $2,825. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Dustin V Crouse
Listing Contact: (570) 337-5306
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 Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 3:48 PM UTC