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31 West 21st Street, #5

$6,500,000 ($1,379 per ft2) -3% | 4 beds, 3 baths | Approx. 4,713 ft2
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83 days on Market

Key Details

  • Listed: Feb 12, 2024
    Last Price Change: -3% ($200,000) on Mar 4
    Days on Market: 83
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
Monthly Common Charges: $3,000
Monthly Real Estate Taxes: $5,439
Total Taxes & Fees: $8,439 ($1.79/ft2)
Est. Monthly Mortgage: $35,968
Total Est. Monthly Carrying Cost: $44,407 ($9.42/ft2)
Note: the above is based on a down payment of 20% ($1,300,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Unique and Luxurious Design: Designed by renowned architect Phil Olson, this spacious 4,713 square feet loft boasts 4 bedrooms and 3 bathrooms, unique features like a raised cork living area, reclaimed pine curved walls, commissioned copper walled office, backlit Kalwall sliding doors, and oversized bedrooms. The master bathroom is a haven of luxury with a mahogany enclosed infinity tub and a two-person steam room shower.
  • High-Tech Features: The loft is equipped with modern technology including electronic locks, video intercom entry, security cameras in common areas, smart wiring, and sensor-activated entry and elevators.
  • Quality and Style: The loft features original maple hardwood floors, large custom metal art deco front doors, repousse copper walls, soaring 12-foot ceilings, and a well-utilized floor plan. The modern kitchen is fitted with high-quality KitchenAid, SubZero, and Viking Designer Series appliances.
  • Building Amenities: The loft is part of a small, upscale boutique building with only 11 units, offering an intimate living experience. The building provides access to two elevators - one for passengers and one for service.
  • History and Proximity: Built in 1910 and converted in 2002, this loft offers a blend of historical charm and modern convenience. It's conveniently located close to Chelsea, Flatiron, and Gramercy Park neighborhoods.
  • Prime Location: This full-floor luxury loft is located in the highly desirable Chelsea neighborhood, conveniently close to Eataly, Wholefoods, Traders Joe’s, fine restaurants, bustling bars, shopping, and three iconic parks. It's also near Penn Station and has excellent subway and bus access.

Description

A unique Flatiron/ Chelsea full-floor luxury loft!!

A synthesis of natural materials and modern designs make this 4,713 square feet, full floor luxury loft a calling card for renowned architect Phil Olson. Nature and beauty coexist gracefully in this space where cosmopolitan flair and minimalist chic blend effortlessly. From the raised cork expansive living area and the reclaimed pine curved walls to the commissioned copper walled office and the backlit Kalwall sliding doors.

While retaining a very open feel, the loft includes 4 bedrooms, 3 bathrooms, a home office, a media room, and a storeroom.The bedrooms are oversized, and the sybaritic master bathroom has a mahogany enclosed infinity tub and a two-person steam room shower worthy of a fine spa.The elevators open into the apartment and the building has electronic locks, video intercom entry and security cameras in common areas. Boasting an abundance of avant-garde, as you step into the unit from the elevator, guests will be met with soaring 12-foot ceilings, a sprawling living space, and a floor plan that makes use of every inch of the property. It’s a space designed to be lived in, enjoyed, adored with every room as spacious as the next.This residence centers on its minimal Zen feel, with subtle features that do the talking.

From achieving an intimate ambience through dimmer-controlled custom recessed lighting breaking up harsh lines with curves in the stunning pinewood art wall thus elevating the feel of the space. With original maple hardwood floors, large custom metal art deco front doors and repousse copper walls, this design leaves no room for error. A bar area, KitchenAid appliances, the two-layered security provisions, a combination of central air conditioning and forced air heating and access to two elevators - one for passengers and one for service - all come together to make this residence the epitome of beauty and practicality.

Nestled between Chelsea, Gramercy Park, Greenwich Village, and SoHo, this high-end, central Flatiron District location has earned its reputation as one of NYC’s most sought-after residential neighborhoods that exudes vibrancy. It’s a stone’s throw from Eataly, Wholefoods and Traders Joe’s, and a plethora of fine restaurants and cuisines, bustling bars, and shopping.This community is often viewed as one of the best of Manhattan.

Beyond its status as a shopper’s paradise, the location offers something for all. For discerning buyers looking for anonymity and privacy, this is, the opportunity to call a small, intimate and upscale boutique building your home.This apartment sits amongst a total of 11 units, offering a tight-knit, private community feel within the hustle and bustle of Manhattan.

When coupled with its breadth of public transport options, proximity to three iconic Parks (Madison Square Park, Union Square Park, Washington Square Park,) Penn Station and subway & bus access, this home can safely be classified as idyllic for growing families and young professionals alike.While this Condo residence is move-in ready, it doubles as a lucrative, must-see investment opportunity as well. Packed with character, grand spaces, and statement features around every corner, surface-level renovations could transform this unit into your dream home. It sits as an exceptionally sized blank canvas, with an invitation to both residents and investors to make this their own.

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 31 West 21st Street

67

31 West 21st Street has received a CityRealty Rating of 67, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

19
Out of 44
+
23
Out of 36
+
17
Out of 39
+
8
=
67
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2002
  • Video Intercom
  • Elevator

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Pros
  • Convenient to Chelsea- Flatiron and Gramercy Park neighborhoods
  • Subzero refrigerators
  • Viking stainless steel appliances
  • Smart wiring
  • Sensor-activated entry and elevators
  • High ceilings
  • Large apartments
  • Full floor lofts
  • Good public transportation
  • Close to Subway
Cons
  • No garage
  • No sidewalk landscaping
  • No roof deck
  • No doorman
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Subways

  1. M
  2. F
at 6th Ave 0.12 miles
  1. N
  2. R
at Broadway 0.14 miles
  1. 1
at 7th Ave 0.27 miles
  1. 2
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  3. L
at 6th Ave and 16th 0.30 miles
  1. 6
at Park Ave 0.30 miles
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  2. 4
  3. 5
at Broadway and 16th 0.38 miles
  1. C
  2. E
at 8th Ave and 25th 0.45 miles