---
title: "540 West 28th Street #4B, New York City, NY 10001"
description: "540 West 28th Street #4B, New York City, NY 10001 — Chelsea, New York City, NY. Last Sold Price $1,900,000. Sold on 8/13/2026. 2 bed, 2 bath, 1,181 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/540-west-28th-street-b-4B-ny-10001"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 540 West 28th Street #4B, New York City, NY 10001

Chelsea, New York City, NY

Courtesy of Sothebys International Realty

## At a Glance

- **Last Sold Price**: $1,900,000
- **Status**: Sold on 8/13/2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,181
- **Common Charges**: $1,311 / mo
- **Monthly Taxes**: $2,323 / mo
- **Price per Sqft**: $1,609
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![540 West 28th Street #4B, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15633221-dfe1-4370-b320-d4c997ff9584.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ec4fc301-45a0-4bae-8069-1b6b998278e7.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb7a9ec9-5940-4f22-8a23-d4b421c1ad14.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/611946e3-3623-4127-bdef-c64ff79dc995.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c15cfec2-c5d7-4e05-bb0a-96f44004a102.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d55a30b-993e-4536-8546-e1b342619156.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1b00f2e4-60b2-43f0-b429-bc8e563fdd56.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c5a66a0-de48-4c2a-a21a-ae8a85706d10.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/698fb861-c0f5-48eb-b796-7671ffd5cec6.jpg)
![540 West 28th Street #4B, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e38c56c4-9332-4e21-92f2-7e79a3dde9d4.jpg)

## Property Overview

Highly sought-after B-line residence in West Chelsea’s premier +Art Building, this bright and loft-like two-bedroom, two-bathroom home seamlessly blends modern design with everyday comfort. Thoughtfully appointed, the residence features individual climate control, 7-inch white oak flooring, double-glazed insulated windows, and a convenient in-unit washer and dryer.

Residence 4B boasts a highly desirable layout, with an expansive living and dining area that is ideal for both relaxing and entertaining. The open chef’s kitchen is beautifully finished with rich walnut cabinetry, honed granite countertops, under-cabinet lighting, and a suite of top-tier appliances by Sub-Zero, Bosch, and Viking.

The spacious primary suite offers a large walk-in closet and a refined en-suite bath complete with a deep soaking tub, separate glass-enclosed shower, and a sleek black lacquer vanity with Corian countertops. The generously proportioned secondary bedroom is complemented by a well-appointed full bathroom just outside.

The +Art Building is a full-service condominium offering a 24-hour doorman, resident superintendent, fitness center, and a stunning landscaped Art Yard. Residents also enjoy a beautifully designed rooftop terrace featuring a wet bar and grill—perfect for entertaining. Ideally located just moments from the High Line, Hudson Yards, Whole Foods, and an array of renowned galleries and world-class dining destinations.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 1,181 sqft
- **Stories**: 13
- **Year Built**: 2009
- **Price per Sqft**: $1,609
- **Common Charges**: $1,311 / Monthly
- **Monthly Taxes**: $2,323 / mo
- **Listed On**: Apr 14, 2026
- **Days on Market**: 156 Days

### Residence Features

- Central Air
- Common On Floor
- Common Area
- In Unit
- Building Garden
- Building Roof Deck
- Wet Bar
- Granite Counters
- Soaking Tub
- Bar
- Walk-In Closet(s)
- Dryer
- Dishwasher
- Washer

## Estimated Monthly Payment

**$13,241 / month**, assuming a 20% down payment ($380,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,607
- **Property Taxes**: $2,323
- **Common Charges**: $1,311

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 September 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 (Apartment) | 2 | 1,181 | $1,900,000 | $1,609/ft² | August 13, 2026 | 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

- **Last sold price**: $1,900,000
- **Median sold price**: $2,102,500
- **Difference**: -$202,500 (-9.6%)
- **Last sold, $/ft²**: $1,609
- **Median $/ft²**: $1,739
- **Comparable sales**: 4
- **Sales from**: December 2021 – September 2026
- **Middle half of those sales**: $1,907,500 – $2,436,250

Based on two-bedroom sales at + Art.

### How these sales were negotiated

- **Sale-to-list price**: 96.6% (4 sales)
- **Sold below asking**: 75% (4 sales)
- **Typical time to find a buyer**: 70 days (3 sales)
- **Typical time to close**: 97 days (3 sales)

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

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.

### 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 |

Based on recorded sales at + Art.

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)

## Price and Property History for 540 West 28th Street, Unit 4B

Review the recorded listing activity for 540 West 28th Street, Unit 4B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 2.6%, on August 13, 2026
- **Originally listed**: March 26, 2026 at $1,950,000
- **Last sold**: $1,900,000 on August 13, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 13, 2026 | $1,900,000 | Sold |
| August 13, 2026 | $1,900,000 | Asking price reduced by $50,000, or 2.6% |
| June 4, 2026 | $1,950,000 | Entered contract |
| March 26, 2026 | $1,950,000 | Listed for sale by Sothebys International Realty |

## Property Tax History

Taxes at 540 West 28th Street #4B were $29,676 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $271,974 | $53,685 | $218,289 | $237,406 | $29,676 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $233,626 | $53,685 | $179,941 | $224,050 | $28,006 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $230,090 | $53,685 | $176,405 | $220,097 | $27,512 | 12.5% |
| 2023 (FY 2023/24) | $228,407 | $53,685 | $174,722 | $216,116 | $27,019 | 12.502% |
| 2022 (FY 2022/23) | $222,945 | $53,685 | $169,260 | $211,001 | $25,883 | 12.267% |
| 2021 (FY 2021/22) | $205,187 | $53,685 | $151,502 | $205,187 | $25,105 | 12.235% |
| 2020 (FY 2020/21) | $227,264 | $53,685 | $173,579 | $206,991 | $20,462 | 12.267% |
| 2019 (FY 2019/20) | $210,179 | $53,685 | $156,494 | $195,871 | $19,696 | 12.473% |
| 2018 (FY 2018/19) | $202,836 | $53,685 | $149,151 | $188,428 | $14,565 | 12.612% |
| 2017 (FY 2017/18) | $208,525 | $53,685 | $154,840 | $183,556 | $14,317 | 12.719% |
| 2016 (FY 2016/17) | $213,889 | $53,685 | $160,204 | $180,718 | $9,790 | 12.892% |
| 2015 (FY 2015/16) | $171,668 | $53,685 | $117,983 | $176,592 | $9,570 | 12.883% |
| 2014 (FY 2014/15) | $172,946 | $53,685 | $119,261 | $180,667 | $5,270 | 12.855% |
| 2013 (FY 2013/14) | $150,753 | $53,685 | $97,068 | $184,490 | $5,490 | 13.145% |
| 2012 (FY 2012/13) | $194,322 | $53,685 | $140,637 | $183,330 | $801 | 13.181% |
| 2011 (FY 2011/12) | $193,266 | $53,685 | $139,581 | $173,458 | $23,301 | 13.433% |

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 1006991221. 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

### + Art

Chelsea · Condominium

540 West 28th Street, New York, NY 10001

A building in Chelsea, currently featuring 2 active listings.

- **Year Built**: 2009
- **Active Units**: 2
- **Floors**: 13

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

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 97 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 | 71 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 |

## 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.