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Upper-Floor Residential Income Property
For Sale
$28,000,000

551 W 21st Street 17AB, New York City, NY 10011

Two residences offer flexible occupancy, rental, or combined-home potential within a full-service luxury building.

Property Size8,131 SF
Price / SF$3,443
Days on Market8

Property Features for 551 W 21st Street 17AB

General Information

Standard status Active
Size 8,131 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $162,408

Amenities

private gated drive court
doorman
concierge
porter
live-in resident manager
fitness center
spa
sauna
steam
residents' lounge
children's playroom
bicycle storage
car valet service

Building Details

Building Size 8,131 SF
Year Built 2015
Listing Agency: Compass
Listed By: Scott W Hustis
Source: Carytamura
Added: Sep 17 Changed: Sep 22 Last Checked: Sep 24 at 5:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This residential income property occupies the entire 17th floor and includes two apartments totaling 8,131 square feet. The residences feature ceilings exceeding 11 feet, floor-to-ceiling windows, four exposures, and expansive views toward the Hudson River, Statue of Liberty, Hudson Yards, Midtown, and the Manhattan skyline. The existing configuration is move-in ready, with the option to maintain separate homes or combine the spaces.

Completed in 2015, the building provides a private gated arrival court, a 34-foot double-height lobby, full-time doorman and concierge service, porter service, a live-in resident manager, fitness facilities with spa, sauna, and steam room, residents’ lounge, children’s playroom, and bicycle storage. On-site valet parking is also available for an additional cost. The property is located in West Chelsea near the High Line, Hudson Yards, Hudson River Park, Little Island, Chelsea Market, Faena, and the Heliport.

Key Highlights

  • Entire 17th floor with two apartments totaling 8,131 square feet
  • Ceilings exceed 11 feet with floor‑to‑ceiling windows and four exposures
  • 360‑degree views include the Hudson River and the Manhattan skyline

Property Analytics

Current Use

SA Art Partners ... Art Studio cueto project General Contractor 551 W 21 Condominium Complex 551W 21st Street ... Apartment Building Lynx Interiors LLC Interior Design

Suggested Use

Top Pick Pet Grooming Service Nursing Home Daycare Center Adult Day Care (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

12,444
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two residences offer flexible occupancy, rental, or combined-home potential within a full-service luxury building.
Where is this residential income property located?
The property is located at 551 W 21st Street 17AB New York City, NY.
What is the asking price?
The asking price for this property is $28,000,000.
What are key features of this property?
This property features: Entire 17th floor with two apartments totaling 8,131 square feet; Ceilings exceed 11 feet with floor‑to‑ceiling windows and four exposures; 360‑degree views include the Hudson River and the Manhattan skyline
More about this property
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