Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
500 W 22nd Street #PHA

For Sale · Listing by Compass

500 W 22nd Street #PHA

Chelsea, Manhattan

$7,475,000

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Interested in this property?
Active For Sale Condo

$7,475,000

$2,488 per sq ft

500 W 22nd Street #PHA

Chelsea, Manhattan

Park House Chelsea

MLS® #RLS20067669

RLS at REBNY

Listing by Compass

3
Bedrooms
3.5
Baths
3,005
Sq. Ft.
2021
Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 3,005 sq ft
Lot Size 3,827.02 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $6,421.53/mo
Property Taxes $99,094.44/yr
Neighborhood Chelsea
Floor 8 of 8

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: Terrace, Rooftop
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 8 of 8
Exposure North,West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2021
Living Area 3,005 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 3,827.02 sq ft
Block/Lot 00693/1410

Listing History

Event Date Price Change
Listed Sep 15, 2026 $7,475,000 -
Currently Sep 19, 2026 $7,475,000 -

Description

Brand New, Central West Chelsea Duplex Penthouse with a terrace and a huge roof deck with a fireplace. This is the most competitively priced never-lived-in condo with 3,000sf+ of indoor space, three bedroom suites, and 1,085sf of exceptional outdoor spaces. Perched atop Park House Chelsea, this pin-drop-quiet, 3-bedroom instant classic designed by AD 100 architects Selldorf Architects on West Chelsea's prized Contemporary Art Gallery Block at the corner of Tenth Avenue and 22nd Street, across from Clement Clarke Moore Park and hovering above - yet removed from - the Highline Park, is both understated and modernist in design, perfect for those wishing to embrace the West Chelsea Lifestyle on the area's most prized Gallery Row that features Dia and the Hauser & Wirth Galleries. Enter this boutique-scaled building through the discreet, attended lobby. The elevator door opens directly into Penthouse A, which features a gracious entry gallery leading to a large living room anchored by a gas fireplace. This leads out directly to a private 252sf terrace - one of two terraces - overlooking the Highline Park, with impressive views West and North. The adjoining dining area/great room also accesses this terrace and is adjacent to the chef's kitchen, featuring timeless Bulthaup cabinetry, natural aluminum full-height cabinets, and Alpine white matte lacquer under-counter cabinetry. An Oak island serves as a piece of furniture, topped with Pietra Cardosa Granite slab countertops and a matching backsplash. A suite of Gaggenau appliances sets the scene for seamless Haute Cuisine and elegant entertaining. A powder room and entry closet are also on this floor. The stairway leads you below to the serene bedroom wing (also accessible via elevator): The corner, light-filled Primary Bedroom Suite features a large walk-in closet and an en-suite bathroom clad in Fior Di Bosco marble slabs that features a deep soaking tub, separate shower, twin Wetstyle, solid surface under-mount sinks with superb mirrored vanity storage, and lighting above, and a wall-hung Toto toilet. Bathroom accessories are all Dornbracht with a polished chrome finish featuring wall-mounted three-hole faucets, Thermostatic mixer shower trims, and a wall-mounted rain shower head and hand shower are located in the shower area. Two additional bedroom suites both feature equally sizable closet space. The laundry area features a full-sized washer and dryer. Above this apartment, a stairway (or the elevator) lead you to the 833sf private roof terrace, a magical setting for al fresco dining and entertaining with an outdoor fireplace. This surprisingly quiet, features oversized in-swing aluminum casement windows overlooking West 22nd Street and ducted central air conditioning, and white oak plank flooring with a clear, natural finish band sawn texture throughout. Set in this vibrant, convenient neighborhood, Park House Chelsea is centered in prime West Chelsea, equidistant between the bustling Meatpacking District, and the upscale offices, restaurants, and shops of Hudson Yards, surrounded by 300+ cultivated art galleries of West Chelsea that is immersed with multiple parks, boutiques, cafes, bars, and eateries....truly a 10-minute neighborhood unlike any other. Immediate Occupancy. * Private storage is included. * Doorman 7am-11pm daily. * Parking options available. The complete offering terms are in an Offering Plan available from the sponsor. File No. CD19-0293

Features & Amenities

Interior Features

Kitchen Island Recessed Lighting Soaking Tub Walk In Closets Building Washer Dryer Install Allowed In Unit Flooring: Hardwood Double Pane Windows Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Terrace Rooftop

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher Wine Cooler

Building Information

Financial Details

Common Charges $6,421.53/mo
RE Taxes $99,094.44/yr ($8,258/mo)
Previous Price $7,495,000

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

270

Median Asking Price

$2.12M

Median $/Sqft

$1,995

Avg Days on Market

N/A

New This Week

48

Price Reduced

30%

Sold (30 Days)

44

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 9/19/26, 6:40 AM EST

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Location

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500 W 22nd Street #PHA, Chelsea, New York County

Virtual Tour

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
8
Floors
10
Residential Units
C6-2
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $6,667,198
Land Value: $782,100
Exemptions: $36,000

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

Lot Area: 3,827 SF
Building Area: 26,800 SF
Built FAR: 7
Allowed FAR: 6.02

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 $6,421.53 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $99,094.44, or roughly $8,258 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 3,005 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $7,475,000 for 3,005 sq ft, the asking price per square foot is approximately $2,488. 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: RLS20067669
First Listed: 1/20/2026
On Market: 9/15/2026
Contract Date: 2/11/2016

Listing Courtesy of Compass - Leonard Steinberg

Listing Contact: (646) 375-1932

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 9/19/2026 at 10:40 AM UTC

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Chelsea Market Update

44 sales last 30 days · $2.12M median · 6.1 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Chelsea Borough Manhattan
County New York
Floor 8 of 8
Year Built 2021
First Listed 1/20/2026
Living Area 3,005 sqft
Common Charges $6,421.53/mo
Annual Tax $99,094.44

Monthly Costs Estimate

Down Payment 20%

$1,495,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $6,421.53
Est. Taxes $8,258
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$168,188

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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