Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
450 W 25th Street

For Sale · Listing by Compass

450 W 25th Street

Chelsea, Manhattan

$10,495,000

Interested in this property?

$10,495,000

$1,584 per sq ft

450 W 25th Street

Chelsea, Manhattan

MLS® #RLS20107132

RLS at REBNY

Listing by Compass

6
Bedrooms
7.5
Baths
6,624
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 6
Bathrooms 8 full, 2 half
Living Area 6,624 sq ft
Lot Size 1,778 sq ft
Year Built 1910
Ownership None
Property Taxes $46,320/yr
Neighborhood Chelsea
Floor 1 of 7

Property Highlights

  • Outdoor Space: Balcony
  • Character: Pre-war building (1910)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 13
Baths 7 Full, 2 Half
Floor 1 of 7
Pets Yes
Year Built 1910
Living Area 6,624 sq ft
Structure Type Townhouse
Furnished Unfurnished
Lot Size 1,778 sq ft
Parcel # 0722-0067
Block/Lot 00722/0067

Listing History

Event Date Price Change
Listed Aug 3, 2026 $11,500,000 -
Currently Nov 3, 2026 $10,495,000 -8.7%

Description

Situated on one of downtown’s most lushly canopy-covered garden blocks, this contemporary West Chelsea townhouse is the ultimate urban retreat. Balancing serene, verdant surroundings with immediate proximity to the world’s leading art galleries and restaurants as well as the High Line and Hudson Yards, this turn-key residence features grand scale behind a sleek gray brick facade, a private elevator to all levels, soaring ceilings, and a rear facade of glass that frames sweeping views of the block's idyllic gardens.   Measuring 6,624 square feet of interior space, this house is sized for grand entertaining and private moments alike - each room offering ideal proportions and ceiling heights. Enter on the garden level into a welcoming foyer leading to a formal dining area. An expansive chef’s kitchen flows into a double-height great room and eat-in space framed by picturesque glass garden views. Direct access to the private terrace through floor to ceiling glass leads to an outdoor kitchen overlooking lush, tree-filled grounds. One floor up is the home’s parlor level – a loft-like entertaining space stretching from north to south with impressive ~12-foot ceilings. Bathed in natural light with dedicated art walls designed for serious collectors, there is also a powder room on this floor.   The third floor is devoted to the home’s sprawling primary suite, with a south-facing bedroom featuring a private balcony overlooking the secret block gardens. A lavish spa bath boasts a freestanding tub, oversized glass shower and dual vanities, while the spacious walk-in closet and connecting gallery offer extensive custom storage. Two more floors above include three large en-suite bedrooms, an office, laundry facilities, and a media room/den with wet bar. The home’s crowning penthouse floor features two walls of glass, two incredible terraces, and a full bath – plus inspiriting city views. The lowest level, excavated to yield 10-foot ceilings and full elevator access, is a flexible space perfect for a a recreation room, media theater, private gym, or wine cellar. A dedicated powder room and extensive storage zones complete the space.   Masterfully crafted, this contemporary residence is a jewel in one of downtown’s most vibrant neighborhoods. *48 hour notice required for all showings.

Features & Amenities

Interior Features

Entrance Foyer Pantry Common On Floor See Remarks

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 7
Structure Townhouse

Financial Details

RE Taxes $46,320/yr ($3,860/mo)
Original Price $11,500,000
Previous Price $11,500,000

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

295

Median Asking Price

$1.57M

Median $/Sqft

$1,859

Avg Days on Market

N/A

New This Week

7

Price Reduced

32%

Sold (30 Days)

29

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 11/2/26, 8:39 PM EST

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Location

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450 W 25th Street, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
5
Floors
1
Residential Units
R7B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $549,120
Land Value: $383,280
Exemptions: $0

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

Lot Area: 1,778 SF
Building Area: 5,334 SF
Built FAR: 3
Allowed FAR: 3

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 $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $46,320, or roughly $3,860 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 7 full bathrooms and 2 half bathrooms.

The listed interior living area is 6,624 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $10,495,000 for 6,624 sq ft, the asking price per square foot is approximately $1,584. 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: RLS20107132
First Listed: 8/3/2026
On Market: 8/3/2026
Price Changed: 10/13/2026
Contract Date: 7/8/2026

Listing Courtesy of Compass - Jim St. Andre

Listing Contact: (646) 732-8162

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/3/2026 at 1:39 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Chelsea Market Update

29 sales last 30 days · $1.57M median · 10.2 months supply

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Quick Facts

Status Active Type Single Family Residence Neighborhood Chelsea Borough Manhattan
County New York
Floor 1 of 7
Year Built 1910
First Listed 8/3/2026
Living Area 6,624 sqft
Annual Tax $46,320

Monthly Costs Estimate

Down Payment 20%

$2,099,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $3,860
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 $10M to $14,999,999 at 3.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$341,088

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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