--- title: "261 West 22nd Street #23, New York City, NY 10011" description: "261 West 22nd Street #23, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $429,000. In contract 8/10/2026. 2 bed, 1 bath Illustrative Buyer Commission Share of $6,435 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/261-west-22nd-street-23-ny-10011" source: "Real Estate Rebate Team" status: "Pending" --- # 261 West 22nd Street #23, New York City, NY 10011 Chelsea, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $429,000 - **Status**: In contract 8/10/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $1,682 / mo - **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**: $429,000 - **Illustrative Buyer Commission Share**: -$6,435* - **Illustrative Net Cost**: $422,565 *Illustrative Buyer Savings of $6,435 — 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) ![261 West 22nd Street #23, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/093b24c4-09b5-40df-9767-b5c797457fc5.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84d1b7a7-2378-4d72-baa1-3f12b5e7f23a.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f5b94737-9a43-4537-8b4e-c27bb3b106f6.jpg) ![261 West 22nd Street #23, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46537a86-6f95-4f1b-8ac8-b880445c784b.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1125be16-cf39-4db4-854e-21f178eba986.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c2a996d-8a79-4665-aeef-c11aebf68dbe.webp) ![261 West 22nd Street #23, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1cc0d245-d74c-4b55-b71f-939e4691ae34.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/af817d6f-00db-4b07-a6b8-a8a561241a82.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/455ade1a-2297-4de1-8ce1-468e0beae5b7.png) ![261 West 22nd Street #23, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e92799c5-9f9f-4a5c-83bf-6dc6a2c200c9.png) ## Property Overview Investment Opportunity in Prime Chelsea Split 2BR with Rent-Stabilized Tenant In Place CASH BUYER NEEDED. Customize this one and make it your own! Exceptional value awaits with this OCCUPIED estate-condition two-bedroom in one of Chelsea’s most desirable prewar cooperatives. Featuring a classic split-bedroom layout and solid prewar bones, this apartment offers a rare opportunity for a savvy buyer. The unit is being sold with a rent-stabilized tenant in place—please inquire for additional details. Similar apartments in the building, fully renovated, have recently sold between $780,000 and $950,000, highlighting the upside potential here for future value creation. Built in 1917, this impeccably maintained walk-up co-op on tree-lined West 22nd Street boasts strong financials and timeless charm. The building permits pieds-à-terre, gifting, and co-purchasing, with subletting allowed upon board approval. It’s also pet-friendly. Washer and dryers in the apartment are permitted and some owners have added split units to their apartments as well. Just one flight up from the apartment, residents enjoy access to a beautifully landscaped common roof deck with panoramic skyline views, an outdoor kitchen with BBQ, and stylish lounge seating—a true urban retreat. Ideally located in the heart of Chelsea near the High Line, Hudson Yards, Chelsea Market, and the Meatpacking District. World-class dining, shopping, galleries, Trader Joe’s, and Whole Foods are just moments away. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Stories**: 6 - **Year Built**: 1917 - **Common Charges**: $1,682 / Monthly - **Listed On**: Oct 21, 2025 - **Days on Market**: 327 Days ### Residence Features - Building Washer Dryer Install Allowed - Building Barbecue - Building Roof Deck - Hardwood ## Sales Evidence ### Recent closed sales 12 apartments at 261 West 22nd Street have recorded sales since September 2021, the most recent for $750,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 20 (Apartment) | — | — | $750,000 | — | April 24, 2026 | City record | | 11 (Apartment) | — | — | $767,300 | — | January 20, 2026 | City record | | 10 (Apartment) | 1 | — | $530,000 | — | June 3, 2025 | City record · MLS | | 9 (Apartment) | 2 | — | $790,000 | — | March 19, 2025 | City record · MLS | | 15 (Apartment) | 2 | — | $730,000 | — | March 6, 2025 | City record · MLS | | 7 (Apartment) | — | — | $680,000 | — | March 11, 2024 | City record | | 12 (Apartment) | 1 | — | $650,000 | — | August 28, 2023 | City record · MLS | | 18 (Apartment) | 1 | — | $615,000 | — | May 20, 2022 | City record · MLS | | 12A14 (Apartment) | — | — | $1,893,750 | — | March 4, 2022 | City record | | 35 (Apartment) | 2 | 800 | $900,000 | $1,125/ft² | November 19, 2021 | City record · MLS | | 33 (Apartment) | 2 | — | $950,000 | — | November 8, 2021 | City record · MLS | | 6 (Apartment) | 1 | — | $620,000 | — | September 28, 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 261 West 22nd Street is $845,000, based on 4 sales between November 2021 and March 2025. This home is asking $429,000, $416,000 below that median. The middle half of those sales closed between $775,000 and $912,500. - **Median closed price**: $845,000 - **Middle half**: $775,000 – $912,500 - **Based on**: 4 two-bedroom sales at 261 West 22nd Street - **Period**: November 2021 – March 2025 Square footage is recorded for only 1 of these 4 sales (25%), 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 94.6% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 94.6% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 138 days (about 20 weeks) - **In contract → closed**: 97 days (about 14 weeks) Across the 3 of these sales with a published asking price, the median closed at 94.6% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 138 days (about 20 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 97 days (about 14 weeks), based on the 4 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 4 two-bedroom sales at 261 West 22nd Street, November 2021 – March 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Chelsea, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,495,000 | 27 | | 2018 | $1,470,000 | 21 | | 2019 | $1,497,500 | 22 | | 2020 | $1,600,000 | 17 | | 2021 | $1,400,000 | 35 | | 2022 | $1,600,000 | 44 | | 2023 | $1,135,000 | 25 | | 2024 | $1,453,772 | 24 | | 2025 | $1,500,000 | 29 | | 2026 | $1,725,000 | 19 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Chelsea instead. 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 261 West 22nd Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/261-west-22nd-street) ## Price and Property History for 261 West 22nd Street, Unit 23 Review the recorded listing activity for 261 West 22nd Street, Unit 23, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 10.4%, on July 26, 2026 - **Originally listed**: July 18, 2025 at $479,000 - **Entered contract**: August 10, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 10, 2026 | $429,000 | Entered contract | | July 26, 2026 | $429,000 | Asking price reduced by $50,000, or 10.4% | | July 22, 2026 | $429,000 | Returned to the market | | July 18, 2025 | $479,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 36 apartments. The corporation’s 2026 property tax bill was $341,479 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 261 West 22nd Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/261-west-22nd-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 261 West 22nd Street Chelsea · Stock Cooperative 261 West 22nd Street, New York, NY 10011 A building in Chelsea, currently featuring 2 active listings. - **Year Built**: 1917 - **Total Units**: 2 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/261-west-22nd-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [23](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/261-west-22nd-street-23-ny-10011) | 2 | 1 | — | — | $429,000 (-10.4%) — In contract | Compass | Oct 21, 2025 | 326 days | | [11](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/261-west-22nd-street-11-ny-10011) | 2 | 1 | — | — | $799,000 (-6.0%) — In contract | Argo Residential | Jul 28, 2025 | 411 days | ## Estimated Monthly Payment **$3,851 / month**, assuming a 20% down payment ($85,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,169 - **Common Charges**: $1,682 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [261 West 22nd Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/261-west-22nd-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.