520 27th Stpk1, New York, NY 10001-5533
This exceptional 2,782-square-foot executive office condominium presents a unique investment opportunity in the heart of Chelsea, Manhattan. Located within a prestigious 11-story, 2008-built building (92,000 square feet total), this unit boasts a stunning, recently renovated design. High ceilings and expansive floor-to-ceiling windows on two sides bathe the space in natural light, offering dramatic northern and southern views overlooking the High Line, Hudson River, and Zaha Hadid Building. The sophisticated layout includes beautiful wood floors, high exposed ceilings, and two private bathrooms. A large private terrace adds to the appeal. The unit also includes a dedicated parking space in the building's secure, private underground garage, accessible via a private elevator for enhanced security and privacy. The building features a shared fifth-floor outdoor terrace. This prime location places you in the vibrant center of Chelsea's art and gallery scene, near the High Line, Hudson Yards, Chelsea Market, and Madison Square Garden. The adjacent Selina Chelsea Hotel offers convenient restaurant and rooftop bar access with panoramic city views. The asking price is $2,950,000, translating to $1,060.39 per square foot. This is a rare chance to acquire a high-end, meticulously designed office space in one of Manhattan's most desirable neighborhoods.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-5 · New York, NYNew York. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.