551 West 21st Street, #PH19, New York (Chelsea), NY, 10011 | $28,950,000

Elevated high above downtown Manhattan, this penthouse graces the summit of the iconic Norman Foster tower, a symbol of luxury in the heart of downtown. With breathtaking 360-degree Manhattan views, this residence is unparalleled in its grandeur. Spanning an impressive 6, 300 square feet across an entire floor with two private terraces, it ranks among the most expansive units in the building. Accessible via a private, key-locked elevator, the penthouse boasts 12. 5-foot ceilings and expansive glass walls. The windows offer panoramic views of Manhattan at every turn. The Molteni library, office, kitchen, and primary suite cabinetry were all meticulously designed and uniquely crafted. The Dada-Oak cabinetry, closets and storage space are truly unparalleled.

A lavish great room, featuring a two-sided gas fireplace and western-facing terrace with sweeping water views, sets the stage for awe-inspiring moments. The adjoining library shares the fireplace and boasts some of the finest northeast views in the building, including sights of the Empire State Building and beyond.

Turning right from the great room, a formal dining area offers unobstructed water views that stretch all the way to the Statue of Liberty. Beyond the dining area lies a vast chef's kitchen with exclusive custom upgrades made to the unit by Fosters + Partners. Boasting a pristine white Italian milk glass countertop, natural oak cabinetry by Molteni, and a dramatic piano-shaped island. A custom coffee making station complete with a water filtration system and drain are concealed behind custom matte lacquered aluminum core doors. Premium Miele and Sub-Zero appliances complete this culinary haven.

To the north, adjacent to the kitchen and dining area, is a spacious media room ideal for sitting and entertaining. This entertainment area boasts a state-of-the-art, dropdown projector and 110" theatre screen. Concealed behind the meticulously crafted Dada-oak doors of the media unit are all of the AV components, as well as terminals for each of the numerous data ports throughout the apartment, all having been custom wired with shielded CAT6A cables. The level of customization in this home is truly exceptional, encompassing a 10-zone HVAC system, 7-zones of Nortec Steam humidification perfect for art collectors, a Crestron home automation system, a Lutron lighting system, custom-programmable shades that adjust based on the sun's position, and an integrated AV system with discreet in-wall speakers.

In the south wing, a morning kitchen accompanies the gaming room, leading to an oversized fourth bedroom and en-suite bathroom, currently repurposed as a home office adorned with Molteni-Dada oak millwork. This bedroom opens onto the southwest terrace, delivering uninterrupted water views to the south and west.

The White Oak herringbone and plank oak flooring bathes all four bedrooms in sunlight, highlighting the unparalleled design. The primary bedroom suite, with triple exposures to the south, west, and east, captures the essence of the city below. It features an expansive 25'-11' x 16' bedroom with seating area, three generous walk-in closets, and an en-suite bathroom. This five-piece primary bathroom boasts radiant heat, Luna Black granite floors, a custom Corian dual vanity with integrated lighting, a freestanding tub with city and water views, and an oversized 6x4 feet glass-enclosed steam shower with Thermasol Pro-Series steam generator, heated mirror, and floor-to-ceiling translucent glass doors.

All three additional large bedrooms offer en-suite bathrooms with Travertino stone tile floors, custom-designed cabinets, and Dornbracht fixtures. They also enjoy dramatic views, high ceilings, and ample closet space. The residence is equipped with a laundry room featuring a Maytag washer and dryer.

Foster + Partners' West Chelsea glass tower has become a defining icon in the Manhattan skyline. This full-service condominium boasts a private gated drive court enveloped by a 20-foot green wall and a striking double-height lobby. On-site parking is deeded to the apartment at no additional fee. The building offers a full-time doorman, concierge, porter, valet services, a state-of-the-art fitness center with spas, a yoga room, a resident lounge, a children's playroom, bike storage, a live-in superintendent, and a dedicated separate service entry. This Penthouse caters to the most discerning of buyers.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 19
  • Amenities: Bike Room; Driveway; Garage; Courtyard; Spa Services; Fitness Room; Pool; Sauna; Steam Room; Valet; Nursery; Lounge; Roof Deck; Common Storage;
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Year Built: 2015
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Keyed Elevator
  • Service Level: Full Service
  • Doorman: PartTime
  • LobbyAttendant: PartTime
  • OLR#: RPLU5123221086
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/RPLU5123221086/551west21ststreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

551 West 21st Street, #PH19, New York (Chelsea), NY, 10011

$28,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $23,160,000 $23,160,000 $23,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $131,500 $142,600 $192,323
Total Monthly Payment $131,625 $142,725 $192,448

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.