--- title: "227 West 17th Street #3, New York City, NY 10011" description: "227 West 17th Street #3, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $3,400,000. In contract 7/23/2026. 4 bed, 2 bath, 4,900 sqft Illustrative Buyer Commission Share of $51,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/227-west-17th-street-3-ny-10011" source: "Real Estate Rebate Team" status: "Pending" --- # 227 West 17th Street #3, New York City, NY 10011 Chelsea, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $3,400,000 - **Status**: In contract 7/23/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 4 - **Baths**: 2 - **Sqft**: 4,900 - **Common Charges**: $7,956 / mo - **Price per Sqft**: $694 - **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**: $3,400,000 - **Illustrative Buyer Commission Share**: -$51,000* - **Illustrative Net Cost**: $3,349,000 *Illustrative Buyer Savings of $51,000 — 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) ![227 West 17th Street #3, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6fbc89e-d8f9-4001-9eb7-849f2be2e389.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6895bb2-d527-4d89-8ce4-56e4c8280cd6.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc29281c-10a3-47be-abdc-9707433f3818.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df2a0c5c-3b6f-43d4-8899-6cc167f1e9ea.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dcef9c2f-db41-4fd2-a574-b7193abcb565.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83db1cda-08aa-487d-870c-6089f49ed179.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/820ca0e9-268f-42c1-b24d-fe17ef99dc1e.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fba99b36-4e02-40f5-9625-01ebb75a6799.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff6ecbd1-bdb2-46b3-8e12-4113d004d024.jpg) ![227 West 17th Street #3, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6d3d28d-f1b1-4d61-86d7-98864379fc78.jpg) ## Property Overview Located in the heart of Chelsea and within close proximity to world-class galleries and top-rated restaurants, as well as the Meatpacking District, Chelsea Market, the High Line and Google headquarters, this nearly 5,000-square-foot, full-floor loft currently configured as an art gallery has the potential to be converted to residential use. On the third floor of this historic, 1910 loft building, the unit features 10-foot ceilings, a row of 14 oversized, southern-facing windows and a private vestibule. 227 West 17th Street is a boutique, mixed-use cooperative building w/ a keyed elevator and voice-intercom system. Pet-friendly, 2% flip tax. Building super accepts packages. ## Property Details - **Property Type**: Loft - **Beds**: 4 - **Baths**: 2 - **Rooms**: 12 - **Sqft**: 4,900 sqft - **Stories**: 8 - **Year Built**: 1910 - **Price per Sqft**: $694 - **Common Charges**: $7,956 / Monthly - **Listed On**: Mar 2, 2026 - **Days on Market**: 194 Days ### Residence Features - High Ceilings - Smoke Free - Washer Dryer Allowed - City ## Sales Evidence ### Recent closed sales 2 apartments at 227 West 17th Street have recorded sales since September 2021, the most recent for $540,000 in January 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4ER (Apartment) | 1 | — | $540,000 | — | January 15, 2025 | City record · MLS | | 5 (Apartment) | 4 | 4,800 | $4,900,000 | $1,021/ft² | March 10, 2022 | 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 co-op four-bedroom sales in Chelsea is $2,999,999, based on 3 sales between September 2025 and March 2026. This home is asking $3,400,000, $400,001 above that median. The middle half of those sales closed between $2,432,500 and $4,300,000. - **Median closed price**: $2,999,999 - **Middle half**: $2,432,500 – $4,300,000 - **Based on**: 3 co-op four-bedroom sales in Chelsea - **Period**: September 2025 – March 2026 Square footage is recorded for only 2 of these 3 sales (67%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 3 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 100% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Chelsea instead. ### How these sales were negotiated - **Sold vs original ask**: 93.4% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 42 days (about 6 weeks) - **In contract → closed**: 81 days (about 12 weeks) Across the 3 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 42 days (about 6 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 81 days (about 12 weeks), based on the 3 with both dates recorded. A co-op board package and its interview account for much of that. 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 3 co-op four-bedroom sales in Chelsea, September 2025 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 227 West 17TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-west-17th-street) ## Price and Property History for 227 West 17TH Street, Unit 3 Review the recorded listing activity for 227 West 17TH Street, Unit 3, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $450,000, or 11.7%, on January 14, 2026 - **Originally listed**: October 6, 2023 at $4,200,000 - **Entered contract**: July 23, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 23, 2026 | $3,400,000 | Entered contract | | January 14, 2026 | $3,400,000 | Asking price reduced by $450,000, or 11.7% | | October 6, 2023 | $4,200,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 5 apartments. The corporation’s 2026 property tax bill was $493,530 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 227 West 17TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-west-17th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 227 West 17th Street Chelsea · Stock Cooperative 227 West 17th Street, New York, NY 10011 A building in Chelsea, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-west-17th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/227-west-17th-street-3-ny-10011) | 4 | 2 | 4,900 sqft | $694 | $3,400,000 (-11.7%) — In contract | Douglas Elliman Real Estate | Mar 2, 2026 | 194 days | ## Estimated Monthly Payment **$25,148 / month**, assuming a 20% down payment ($680,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $17,192 - **Common Charges**: $7,956 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 - [227 West 17TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-west-17th-street) - [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.