---
title: "515 West 29th Street #2S, New York City, NY 10001"
description: "515 West 29th Street #2S, New York City, NY 10001 — Chelsea, New York City, NY. Listing Price $3,900,000. 2 bed, 3 bath, 1,895 sqft Illustrative Buyer Commission Share of $58,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/515-west-29th-street-2s-ny-10001"
source: "Real Estate Rebate Team"
dateModified: "2026-09-11T18:05:55.900Z"
status: "Active"
---

# 515 West 29th Street #2S, New York City, NY 10001

Chelsea, New York City, NY

Courtesy of Compass

Last updated: September 11, 2026, 2:05 PM

## At a Glance

- **Listing Price**: $3,900,000
- **Beds**: 2
- **Baths**: 3
- **Sqft**: 1,895
- **Common Charges**: $2,897 / mo
- **Monthly Taxes**: $3,954 / mo
- **Price per Sqft**: $2,058
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $3,900,000
- **Illustrative Buyer Commission Share**: -$58,500*
- **Illustrative Net Cost**: $3,841,500

*Illustrative Buyer Savings of $58,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![515 West 29th Street #2S, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8a20d0c2-9751-415c-a142-fb662aaef6a3.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f5b6400a-bcda-4e29-a7b5-fc2f3e53952b.png)
![515 West 29th Street #2S, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3312da93-14f1-4d3a-af89-73e2aaaf7bbc.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fb974f07-0a85-4dcb-9f7a-2773c559c5c2.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9e510f8-2987-40cf-a089-b8043c37471e.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5d33da96-cedd-492f-b4c7-9857c81ff5f1.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/91fe8128-7af1-4f1c-9609-49cacd1bc4bf.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/73401acd-cd0f-4f29-9365-225357e92a21.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/96e29dea-49bc-40c5-9a5e-9b864b099318.jpg)
![515 West 29th Street #2S, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c967e0f-d309-43b9-9910-70b2ad3ffb52.jpg)

## Property Overview

Floor to ceiling windows flood this home with exceptional southern light, setting the tone for Residence 2S, a sprawling 1,895 square foot, two bedroom, three bathroom offering defined by scale, calm, and precision. Interiors strike a rare balance: understated, modern, and meticulously executed with top tier materials throughout.

The custom Bulthaup kitchen is both sculptural and functional, anchored by warm textured wood, honed stone, and quartz countertops.  Fully outfitted with a complete suite of Gaggenau appliances, including a gas cooktop, vented hood, convection and speed ovens, warming drawer, and wine refrigerator. European light oak floors run throughout, complemented by Molteni millwork and custom closets, and refined with Dornbracht fixtures, each element selected with intention and cohesion.

Both bedrooms are generously proportioned, bathed in southern light, and feature spa quality en suite baths and bespoke Molteni storage. The primary bath is particularly striking, finished in honed gray Pietra marble with radiant heated floors, a freestanding Vienza Vida soaking tub, Duravit fixtures, and a custom Molteni vanity with recessed mirrored cabinetry. All three bathrooms offer radiant floor heating and thoughtful storage, reinforcing the home’s focus on comfort and livability.

Smart home integration is seamless, with motorized Lutron solar shades, Belgian Delta LED recessed lighting, video intercom, and a fully integrated Lutron HomeWorks QS system controlling lighting, temperature, and shading.

Five One Five is an intimate, design forward condominium at the intersection of West Chelsea and Hudson Yards. Designed by internationally acclaimed architect Soo Chan of SCDA, the building comprises just 15 residences, each with direct keyed elevator access, and reflects a cohesive vision of modern luxury, natural materials, and intelligent design. The building offers a full time doorman and a beautifully designed roof terrace.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 3
- **Rooms**: 5
- **Sqft**: 1,895 sqft
- **Stories**: 11
- **Year Built**: 2018
- **Price per Sqft**: $2,058
- **Common Charges**: $2,897 / Monthly
- **Monthly Taxes**: $3,954 / mo
- **Listed On**: Sep 11, 2026
- **Days on Market**: 1 Days

### Residence Features

- In Unit
- See Remarks
- Building Roof Deck
- Entrance Foyer
- Eat-in Kitchen
- Elevator
- High Ceilings
- Recessed Lighting
- Soaking Tub
- Cooktop
- Dishwasher
- Refrigerator

## Sales Evidence

### Recent closed sales

8 apartments at Five One Five have recorded sales since September 2021, the most recent for $5,278,000 in November 2023. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 7N (Duplex) | 3 | 2,326 | $5,278,000 | $2,269/ft² | November 16, 2023 | City record · MLS |
| 2N (Apartment) | 3 | 2,151 | $3,395,000 | $1,578/ft² | August 17, 2023 | City record · MLS |
| 3N (Apartment) | 2 | 2,133 | $3,925,000 | $1,840/ft² | July 27, 2022 | City record · MLS |
| 2S (Apartment) | 2 | 1,895 | $3,677,900 | $1,941/ft² | June 2, 2022 | City record · MLS |
| 6N (Apartment) | 3 | 2,133 | $4,700,000 | $2,203/ft² | May 27, 2022 | City record · MLS |
| 7S (Apartment) | 3 | 2,262 | $6,073,463 | $2,685/ft² | March 2, 2022 | City record · MLS |
| 10 (Apartment) | 2 | — | $5,614,125 | — | October 29, 2021 | City record · MLS |
| 9 (Apartment) | 2 | 2,419 | $5,345,813 | $2,210/ft² | September 30, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable two-bedroom sales at Five One Five is $4,635,406, based on 4 sales between September 2021 and July 2022. This home is asking $3,900,000, $735,406 below that median. The middle half of those sales closed between $3,863,225 and $5,412,891.

- **Median closed price**: $4,635,406
- **Middle half**: $3,863,225 – $5,412,891
- **Based on**: 4 two-bedroom sales at Five One Five
- **Period**: September 2021 – July 2022
- **Median $/ft²**: $1,941/ft²

Across the 4 of these sales with a published asking price, the median closed at 98.7% of what it originally asked. 50% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 98.7% of the original ask
- **Closed below ask**: 50% of 4 sales
- **Listed → in contract**: 77 days (about 11 weeks)
- **In contract → closed**: 59 days (about 8 weeks)

Across the 4 of these sales with a published asking price, the median closed at 98.7% of what it originally asked. 50% of them closed below the original ask.

Half of these homes were in contract within 77 days (about 11 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 59 days (about 8 weeks), based on the 4 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 4 two-bedroom sales at Five One Five, September 2021 – July 2022. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at Five One Five, 2020 to 2022. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2020 | $1,957/ft² | 5 |
| 2021 | $2,194/ft² | 5 |
| 2022 | $2,072/ft² | 4 (thin) |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Five One Five](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/five-one-five)

## Price and Property History for 515 West 29th Street, Unit 2S

Review the recorded listing activity for 515 West 29th Street, Unit 2S, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $3,677,900 on June 2, 2022

| Date | Price | Listing event |
| --- | --- | --- |
| May 12, 2026 | $3,900,000 | Asking price reduced by $100,000, or 2.5% |
| March 1, 2026 | $4,000,000 | Listed for sale by Compass |
| June 2, 2022 | $3,677,900 | Sold — recorded sale price |
| April 20, 2022 | $3,466,800 | Entered contract |
| February 24, 2022 | $3,850,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 515 West 29th Street #2S were $46,006 in 2026, up 6.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $384,244 | $68,271 | $315,973 | $368,048 | $46,006 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $384,244 | $68,271 | $315,973 | $346,510 | $43,314 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $377,443 | $68,271 | $309,172 | $334,879 | $41,860 | 12.5% |
| 2023 (FY 2023/24) | $365,973 | $68,271 | $297,702 | $323,567 | $40,452 | 12.502% |
| 2022 (FY 2022/23) | $328,339 | $68,271 | $260,068 | $314,552 | $38,586 | 12.267% |
| 2021 (FY 2021/22) | $328,344 | $68,271 | $260,073 | $323,419 | $39,570 | 12.235% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1007011202. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Five One Five

515 West 29th Street, New York, NY 10001

A building in the neighborhood, currently featuring 3 active listings.

- **Year Built**: 2019
- **Total Units**: 3
- **Floors**: 11

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/five-one-five)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [2S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/515-west-29th-street-2s-ny-10001) | 2 | 3 | 1,895 sqft | $2,058 | $3,900,000 | Compass | Sep 11, 2026 | 1 days |
| [10](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/515-west-29th-street-10-ny-10001) | 2 | 3 | 2,419 sqft | $2,480 | $5,999,000 (-4.8%) | Corcoran Group | Jun 3, 2026 | 101 days |
| [9](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/515-west-29th-street-9-ny-10001) | 2 | 3 | 2,419 sqft | $2,377 | $5,750,000 | Howard Hanna NYC | Aug 18, 2026 | 25 days |

## Estimated Monthly Payment

**$26,571 / month**, assuming a 20% down payment ($780,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $19,721
- **Property Taxes**: $3,954
- **Common Charges**: $2,897

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Chelsea

Art Galleries & High Line Living

[Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Chelsea

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)

## Related Links

- [Five One Five — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/five-one-five)
- [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.