---
title: "540 West 28th Street #3F, New York City, NY 10001"
description: "540 West 28th Street #3F, New York City, NY 10001 — Chelsea, New York City, NY. Listing Price $1,250,000. 2 bed, 1 bath, 729 sqft Illustrative Buyer Commission Share of $18,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-3f-ny-10001"
source: "Real Estate Rebate Team"
dateModified: "2026-10-22T18:57:50.080Z"
status: "Active"
---

# 540 West 28th Street #3F, New York City, NY 10001

Chelsea, New York City, NY

**New Development**

Courtesy of Corcoran Group

Last updated: October 22, 2026, 2:57 PM

## At a Glance

- **Listing Price**: $1,250,000
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 729
- **Common Charges**: $914 / mo
- **Price per Sqft**: $1,715
- **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**: $1,250,000
- **Illustrative Buyer Commission Share**: -$18,750*
- **Illustrative Net Cost**: $1,231,250

*Illustrative Buyer Savings of $18,750 — 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 (6)

![540 West 28th Street #3F, New York City, NY 10001 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/78478025-2390-4b53-8fea-b439b5cde764.jpg)
![540 West 28th Street #3F, New York City, NY 10001 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6178dff-f458-463d-b390-bebb9f71c0f6.jpg)
![540 West 28th Street #3F, New York City, NY 10001 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/291be2c9-568e-4c02-b9df-723b687b11a2.jpg)
![540 West 28th Street #3F, New York City, NY 10001 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92f38725-257e-4e96-aefd-6c376196d2a7.jpg)
![540 West 28th Street #3F, New York City, NY 10001 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6b2a7c6-7e87-42bb-b152-f603f62e73a6.jpg)
![540 West 28th Street #3F, New York City, NY 10001 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5feda934-2265-4f83-8bcd-77849f861ab3.jpg)

## Property Overview

Presenting a serene one-bedroom loft with southern garden views, offering an ideal blend of light, space, and sophistication. The thoughtfully designed floor plan and expansive gallery windows enhance the sense of spaciousness, making the home feel significantly larger than its 729 square feet.This exceptional home features high ceilings, large double-paned southern windows, and ample gallery walls perfect for displaying art. The timeless finishes and gracious layout are ideal for both living and entertaining. Details include 7" white oak floors, individual HVAC systems in each room, and expansive double-glazed insulated windows with custom shades.
The open chef's kitchen is equipped with walnut cabinetry, honed black granite countertops, a Liebherr refrigerator, Bertazzoni range, Viking microwave, and Bosch dishwasher. The bathroom is highlighted by a deep soaking tub, black lacquered vanity with a Corian countertop and integrated sink, complemented by polished nickel fittings. Additionally, a Bosch stackable washer/dryer is conveniently located in a separate hall closet.
Residence 3F is a stylish, bright, and spacious one-bedroom unit situated in a prime West Chelsea location. The luxury boutique condominium at 540 West 28th Street offers full-service amenities, including a 24-hour doorman, live-in superintendent, and state-of-the-art fitness room. Residents can enjoy two outdoor spaces: a beautifully landscaped roof terrace with views of the Hudson River and Empire State Building, and a serene courtyard garden.
Fees: Application Processing Fee: $700, Credit report fee: $120, Digital Submission Fee: $65, Move-In Fee: $500, Move-In Deposit (refundable): $2,500
The building is strategically located on one of West Chelsea's most sought-after new development blocks, neighboring architect-designed condominiums by Zaha Hadid and Isay Weinfeld. It is steps away from the Highline, Hudson Yards, major corporate headquarters, Whole Foods Market, The Shed, Equinox Hotel and Gym, The Pendry Hotel, Manhattan West, top contemporary art galleries, the new Moynihan Amtrak station, and world-class shopping, dining, and nightlife.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 729 sqft
- **Stories**: 13
- **Year Built**: 2008
- **Price per Sqft**: $1,715
- **Common Charges**: $914 / Monthly
- **Listed On**: Oct 22, 2026
- **Days on Market**: 1 Days

### Residence Features

- Washer Hookup
- Building Courtyard
- Building Roof Deck

## Buying in a new development?

Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo.

[Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc)

## Estimated Monthly Payment

**$7,235 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,321
- **Common Charges**: $914

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

## Sales and market data

### Recent sales

26 apartments at + Art have recorded sales since October 2021, the most recent for $1,910,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [3D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-3d-ny-10001) (Apartment) | 2 | 1,169 | $1,910,000 | $1,634/ft² | September 10, 2026 | MLS |
| [4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-b-4B-ny-10001) (Apartment) | 2 | 1,181 | $1,900,000 | $1,609/ft² | August 11, 2026 | City record · MLS |
| 3B (Apartment) | 2 | 1,181 | $1,880,000 | $1,592/ft² | May 21, 2026 | City record · MLS |
| 9C (Apartment) | 1 | 741 | $1,190,000 | $1,606/ft² | March 16, 2026 | City record · MLS |
| 9-F (Apartment) | 1 | 729 | $1,111,000 | $1,524/ft² | December 19, 2025 | City record · MLS |
| 9E (Apartment) | — | 776 | $1,240,000 | $1,598/ft² | July 16, 2025 | City record |
| 4D (Apartment) | 2 | 1,161 | $1,860,000 | $1,602/ft² | July 1, 2025 | City record · MLS |
| 12-E (Apartment) | 1 | 897 | $1,355,000 | $1,511/ft² | June 12, 2025 | City record · MLS |
| 6H (Apartment) | 1 | 781 | $1,190,000 | $1,524/ft² | April 17, 2025 | City record · MLS |
| 2G (Apartment) | 2 | 1,275 | $2,775,000 | $2,176/ft² | March 24, 2025 | City record |
| 7H (Apartment) | 1 | 781 | $1,240,000 | $1,588/ft² | March 21, 2025 | City record · MLS |
| 13E (Apartment) | 3 | 1,570 | $2,800,000 | $1,783/ft² | March 20, 2025 | City record · MLS |
| 8B (Apartment) | 2 | 1,181 | $1,800,000 | $1,524/ft² | November 22, 2024 | City record · MLS |
| 8G (Apartment) | Studio | 445 | $780,000 | $1,753/ft² | August 6, 2024 | City record · MLS |
| 12-E (Apartment) | 1 | 896 | $1,590,000 | $1,775/ft² | July 8, 2024 | City record · MLS |
| 11C (Apartment) | 2 | 1,380 | $2,400,000 | $1,739/ft² | May 20, 2024 | City record · MLS |
| 5G (Apartment) | Studio | 445 | $694,000 | $1,560/ft² | January 26, 2024 | City record · MLS |
| 5F (Apartment) | 1 | 729 | $1,325,000 | $1,818/ft² | December 18, 2023 | City record · MLS |
| 13B (Apartment) | 2 | 1,231 | $2,100,000 | $1,706/ft² | June 16, 2023 | City record · MLS |
| 12C (Apartment) | 3 | 1,860 | $2,650,000 | $1,425/ft² | December 2, 2022 | City record · MLS |
| 6F (Apartment) | 1 | 729 | $1,265,000 | $1,735/ft² | October 13, 2022 | City record · MLS |
| 11A (Apartment) | 2 | 1,245 | $2,295,000 | $1,843/ft² | September 29, 2022 | MLS |
| 10E (Apartment) | 1 | 903 | $1,599,000 | $1,771/ft² | June 21, 2022 | City record |
| 4J (Apartment) | 1 | 716 | $1,255,000 | $1,753/ft² | February 14, 2022 | City record · MLS |
| 11A (Apartment) | 2 | 1,245 | $2,225,000 | $1,787/ft² | December 17, 2021 | City record |
| 10B (Apartment) | 2 | 1,380 | $2,860,000 | $2,072/ft² | December 15, 2021 | 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

- **This home**: $1,250,000
- **Median sold price**: $2,295,000
- **Difference**: -$1,045,000 (-45.5%)
- **This home, $/ft²**: $1,715
- **Median $/ft²**: $1,843
- **Comparable sales**: 3
- **Sales from**: December 2021 – September 2026
- **Middle half of those sales**: $2,102,500 – $2,577,500

Based on two-bedroom sales at + Art.

### How these sales were negotiated

- **Sale-to-list price**: 95.7% (3 sales)
- **Sold below asking**: 67% (3 sales)

Based on two-bedroom sales at + Art with the required listing and closing data. Sample sizes vary by metric.

### Price trend

Median price per square foot, sales at + Art

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,751/ft² | 10 |
| 2018 | $1,759/ft² | 5 |
| 2019 | $1,448/ft² | 4 (thin) |
| 2020 | $1,583/ft² | 3 (thin) |
| 2021 | $1,619/ft² | 11 |
| 2022 | $1,744/ft² | 4 (thin) |
| 2024 | $1,739/ft² | 5 |
| 2025 | $1,593/ft² | 8 |
| 2026 YTD | $1,606/ft² | 3 (thin) |

Based on recorded sales at + Art. 2026 is year-to-date.

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.

Sales data through September 2026.

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 + Art](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/art)

## About The Building

### + Art

Chelsea · Condominium

540 West 28th Street, New York, NY 10001

A building in Chelsea, currently featuring 4 active listings.

- **Year Built**: 2009
- **Active Units**: 4
- **Floors**: 13

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

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-3f-ny-10001) | 2 | 1 | 729 sqft | $1,715 | $1,250,000 | Corcoran Group | Oct 22, 2026 | 1 days |
| [8E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-e-8E-ny-10001) | 1 | 1 | 726 sqft | $1,722 | $1,250,000 (-3.5%) | Douglas Elliman Real Estate | Apr 24, 2026 | 182 days |
| [8H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-8h-ny-10001) | 1 | 1 | 781 sqft | $1,601 | $1,250,000 | Sothebys International Realty | Jun 11, 2026 | 134 days |
| [2B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-b-2B-ny-10001) | 2 | 2 | 1,181 sqft | $1,566 | $1,850,000 | Sothebys International Realty | Jul 7, 2026 | 108 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-b-4B-ny-10001) | 2 | 2 | 1,181 sqft | $1,609 | $1,900,000 | Sothebys International Realty | Apr 14, 2026 | Aug 13, 2026 |
| [3D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-3d-ny-10001) | 2 | 2 | 1,169 sqft | $1,634 | $1,910,000 | Corcoran Group | May 12, 2026 | Sep 10, 2026 |

## This is a new development purchase

Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price.

- [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator)
- [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc)
- [More new developments](https://realestaterebatesnewyork.com/new-developments)

## 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

- [+ Art — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/art)
- [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.