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

Chelsea, New York City, NYCourtesy of Sothebys International Realty
540 West 28th Street #4B, Chelsea, Manhattan, NY 10001 - Main property photo
540 West 28th Street #4B, Chelsea, Manhattan, NY 10001 - Property photo 2 of 31
540 West 28th Street #4B, Chelsea, Manhattan, NY 10001 - Property photo 3 of 31
540 West 28th Street #4B, Chelsea, Manhattan, NY 10001 - Property photo 4 of 31
540 West 28th Street #4B, Chelsea, Manhattan, NY 10001 - Property photo 5 of 31
+26
Last Sold Price
$1,900,000
Sold on 8/13/2026
Common Charges$1,311 / mo
Monthly Taxes$2,323 / mo
Price per Sqft$1,609
Brokerage FeeShare Eligible
2
Beds
2
Baths
1,181
Sqft
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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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 cou...

Property Details

PROPERTY TYPECondominium
BEDS2
BATHS2
ROOMS4
SQFT1,181 sqft
STORIES13
YEAR BUILT2009
PRICE PER SQFT$1,609
COMMON CHARGES$1,311 / Monthly
MONTHLY TAXES$2,323 / mo
LISTED ONApr 14, 2026
DAYS ON MARKET176 Days

Residence Features

•Central Air
•Common On Floor
•Common Area
•In Unit
•Building Garden
•Building Roof Deck
•Wet Bar
•Granite Counters
•Soaking Tub

Estimated Monthly Payment

$13,241/ month
Principal & Interest$9,60773% of totalProperty Taxes$2,32318% of totalCommon Charges$1,31110% of total
Down Payment$380,000 (20%)
Interest Rate6.5%
Loan Term
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 October 2021, the most recent for $1,910,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

Recorded sales at + Art, October 2021 – September 2026
3DApartment21,169$1,910,000$1,634/ft²September 10, 2026MLS
4BApartment21,181$1,900,000$1,609/ft²August 11, 2026City record · MLS
3BApartment21,181$1,880,000$1,592/ft²May 21, 2026City record · MLS
9CApartment1741$1,190,000$1,606/ft²March 16, 2026City record · MLS
9-FApartment1729$1,111,000$1,524/ft²December 19, 2025City record · MLS
9EApartmentBedroom count not recorded776$1,240,000$1,598/ft²July 16, 2025City record
4DApartment21,161$1,860,000$1,602/ft²July 1, 2025City record · MLS
12-EApartment1897$1,355,000$1,511/ft²June 12, 2025City record · MLS
6HApartment1781$1,190,000$1,524/ft²April 17, 2025City record · MLS
2GApartment21,275$2,775,000$2,176/ft²March 24, 2025City record
7HApartment1781$1,240,000$1,588/ft²March 21, 2025City record · MLS
13EApartment31,570$2,800,000$1,783/ft²March 20, 2025City record · MLS
8BApartment21,181$1,800,000$1,524/ft²November 22, 2024City record · MLS
8GApartmentStudio445$780,000$1,753/ft²August 6, 2024City record · MLS
12-EApartment1896$1,590,000$1,775/ft²July 8, 2024City record · MLS
11CApartment21,380$2,400,000$1,739/ft²May 20, 2024City record · MLS
5GApartmentStudio445$694,000$1,560/ft²January 26, 2024City record · MLS
5FApartment1729$1,325,000$1,818/ft²December 18, 2023City record · MLS
13BApartment21,231$2,100,000$1,706/ft²June 16, 2023City record · MLS
12CApartment31,860$2,650,000$1,425/ft²December 2, 2022City record · MLS
6FApartment1729$1,265,000$1,735/ft²October 13, 2022City record · MLS
11AApartment21,245$2,295,000$1,843/ft²September 29, 2022MLS
10EApartment1903$1,599,000$1,771/ft²June 21, 2022City record
4JApartment1716$1,255,000$1,753/ft²February 14, 2022City record · MLS
11AApartment21,245$2,225,000$1,787/ft²December 17, 2021City record
10BApartment21,380$2,860,000$2,072/ft²December 15, 2021MLS

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
$2,295,000
Difference
-$395,000 (-17.2%)
Last sold, $/ft²
$1,609
Median $/ft²
$1,843
Comparable sales
3
Sales from
Dec 2021 – Sep 2026

Based on two-bedroom sales at + Art.

More market data
Middle half of those sales
$2,102,500 – $2,577,500

How these sales were negotiated

Sale-to-list price
95.7%
Sold below asking
67%

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

Median $/ft² by year for sales at + Art, 2017 to 2026, with the number of sales behind each year
YearMedian $/ft²Sales
2021$1,619/ft²11
2022$1,744/ft²4Thin
2024$1,739/ft²5
2025$1,593/ft²8
2026 YTD$1,606/ft²3Thin
More market history
Earlier years of the same series, 2017 to 2020
YearMedian $/ft²Sales
2017$1,751/ft²10
2018$1,759/ft²5
2019$1,448/ft²4Thin
2020$1,583/ft²3Thin

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 and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

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 (recorded)
$1,900,000 on August 11, 2026
Listing and price history for 540 West 28th Street, Unit 4B
DatePriceListing event
$1,900,000Sold — recorded sale price
$1,900,000Asking price reduced by $50,000, or 2.6%
$1,950,000Entered contract
$1,950,000Listed 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.

New York City Department of Finance property tax history for 540 West 28th Street #4B, 2011 to 2026
YearTax AssessmentLandAdditionsBillable ValueProperty TaxTax Rate
2026FY 2026/27$271,974$53,685$218,289$237,406$29,67612.5%Estimated
2025FY 2025/26$233,626$53,685$179,941$224,050$28,00612.5%Estimated
2024FY 2024/25$230,090$53,685$176,405$220,097$27,51212.5%
2023FY 2023/24$228,407$53,685$174,722$216,116$27,01912.502%
2022FY 2022/23$222,945$53,685$169,260$211,001$25,88312.267%
2021FY 2021/22$205,187$53,685$151,502$205,187$25,10512.235%
2020FY 2020/21$227,264$53,685$173,579$206,991$20,46212.267%
2019FY 2019/20$210,179$53,685$156,494$195,871$19,69612.473%
2018FY 2018/19$202,836$53,685$149,151$188,428$14,56512.612%
2017FY 2017/18$208,525$53,685$154,840$183,556$14,31712.719%
2016FY 2016/17$213,889$53,685$160,204$180,718$9,79012.892%
2015FY 2015/16$171,668$53,685$117,983$176,592$9,57012.883%
2014FY 2014/15$172,946$53,685$119,261$180,667$5,27012.855%
2013FY 2013/14$150,753$53,685$97,068$184,490$5,49013.145%
2012FY 2012/13$194,322$53,685$140,637$183,330$80113.181%
2011FY 2011/12$193,266$53,685$139,581$173,458$23,30113.433%

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.

About The Building

+ Art
Chelsea · Condominium

+ Art

540 West 28TH Street, New York, NY 10001

A building in Chelsea, currently featuring 3 active listings.

YEAR BUILT2009
ACTIVE UNITS3
FLOORS13

Interested in + Art?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

8E11726 sqft$1,722
$1,250,000(-3.5%)
Douglas Elliman Real EstateApr 24, 2026166 days
8H11781 sqft$1,601
$1,250,000
Sothebys International RealtyJun 11, 2026118 days
2B221,181 sqft$1,566
$1,850,000
Sothebys International RealtyJul 7, 202692 days

In the Neighborhood

Nearby Schools

Avenues0.14 miles
Public School 330.26 miles
Guardian Angel School0.34 miles
General Theological Seminary0.43 miles
West 21st Street0.52 miles

* Distances are approximate line-of-sight metrics.

Map

Chelsea

Art Galleries & High Line Living

Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets. 

Real Estate & Housing Market

A mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive. 

Lifestyle & Community

Vibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies. 

Transportation & Accessibility

C/E, 1, and F/M trains serve the area. Penn Station is at the northern border.

Parks, Schools & Amenities

The High Line is the crown jewel. Chelsea Piers offers massive sports facilities. 

Who This Neighborhood Is Best For

Best for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

Chelsea
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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.