--- title: "500 West 22nd Street #PHA, New York City, NY 10011" description: "500 West 22nd Street #PHA, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $7,475,000. In contract 10/5/2026. 3 bed, 4 bath, 3,005 sqft Illustrative Buyer Commission Share of $112,125 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/500-west-22nd-street-pha-ny-10011" source: "Real Estate Rebate Team" dateModified: "2026-10-05T17:07:16.651Z" status: "Pending" --- # 500 West 22nd Street #PHA, New York City, NY 10011 Chelsea, New York City, NY **Sponsor Residence** Courtesy of Compass Last updated: October 5, 2026, 1:07 PM ## At a Glance - **Listing Price**: $7,475,000 - **Status**: In contract 10/5/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 3 - **Total Baths**: 4 - **Sqft**: 3,005 - **Common Charges**: $6,422 / mo - **Monthly Taxes**: $8,258 / mo - **Price per Sqft**: $2,488 - **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**: $7,475,000 - **Illustrative Buyer Commission Share**: -$112,125* - **Illustrative Net Cost**: $7,362,875 *Illustrative Buyer Savings of $112,125 — 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) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f896dbf-7685-4615-a1be-cc2e076c3ed0.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0b5be1f-d526-4501-af07-fd591446ea95.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/187f4664-387d-4a89-bf82-ab879ee4c838.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35fdefa7-d1ab-4501-a32a-b5c65b0515ae.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/77a4ec4a-1e00-4bf3-98dc-3b6cdf7fc33f.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4e97e46-820d-422f-bffd-2d5905949a04.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6f47361-b46e-478d-9049-6e5ef8616bd2.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4c1d2e9-4da7-47aa-a4e6-dd851a4a9f53.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/72421375-fd95-4b7c-b5c0-0d7f8c1b8cb9.jpg) ![500 West 22nd Street #PHA, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e967a377-550a-40ca-80f2-0532ea5015c0.jpg) ## Property Overview Brand New, Central West Chelsea Duplex Penthouse with a terrace and a huge roof deck with a fireplace. This is the most competitively priced never-lived-in condo with 3,000sf+ of indoor space, three bedroom suites, and 1,085sf of exceptional outdoor spaces. Perched atop Park House Chelsea, this pin-drop-quiet, 3-bedroom instant classic designed by AD 100 architects Selldorf Architects on West Chelsea's prized Contemporary Art Gallery Block at the corner of Tenth Avenue and 22nd Street, across from Clement Clarke Moore Park and hovering above - yet removed from - the Highline Park, is both understated and modernist in design, perfect for those wishing to embrace the West Chelsea Lifestyle on the area's most prized Gallery Row that features Dia and the Hauser & Wirth Galleries. Enter this boutique-scaled building through the discreet, attended lobby. The elevator door opens directly into Penthouse A, which features a gracious entry gallery leading to a large living room anchored by a gas fireplace. This leads out directly to a private 252sf terrace - one of two terraces - overlooking the Highline Park, with impressive views West and North. The adjoining dining area/great room also accesses this terrace and is adjacent to the chef's kitchen, featuring timeless Bulthaup cabinetry, natural aluminum full-height cabinets, and Alpine white matte lacquer under-counter cabinetry. An Oak island serves as a piece of furniture, topped with Pietra Cardosa Granite slab countertops and a matching backsplash. A suite of Gaggenau appliances sets the scene for seamless Haute Cuisine and elegant entertaining. A powder room and entry closet are also on this floor. The stairway leads you below to the serene bedroom wing (also accessible via elevator): The corner, light-filled Primary Bedroom Suite features a large walk-in closet and an en-suite bathroom clad in Fior Di Bosco marble slabs that features a deep soaking tub, separate shower, twin Wetstyle, solid surface under-mount sinks with superb mirrored vanity storage, and lighting above, and a wall-hung Toto toilet. Bathroom accessories are all Dornbracht with a polished chrome finish featuring wall-mounted three-hole faucets, Thermostatic mixer shower trims, and a wall-mounted rain shower head and hand shower are located in the shower area. Two additional bedroom suites both feature equally sizable closet space. The laundry area features a full-sized washer and dryer. Above this apartment, a stairway (or the elevator) lead you to the 833sf private roof terrace, a magical setting for al fresco dining and entertaining with an outdoor fireplace. This surprisingly quiet, features oversized in-swing aluminum casement windows overlooking West 22nd Street and ducted central air conditioning, and white oak plank flooring with a clear, natural finish band sawn texture throughout. Set in this vibrant, convenient neighborhood, Park House Chelsea is centered in prime West Chelsea, equidistant between the bustling Meatpacking District, and the upscale offices, restaurants, and shops of Hudson Yards, surrounded by 300+ cultivated art galleries of West Chelsea that is immersed with multiple parks, boutiques, cafes, bars, and eateries....truly a 10-minute neighborhood unlike any other. Immediate Occupancy. * Private storage is included. * Doorman 7am-11pm M-F, 9am - 5pm Sat & Sun. * Parking options available. The complete offering terms are in an Offering Plan available from the sponsor. File No. CD19-0293 ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 4 - **Rooms**: 6 - **Sqft**: 3,005 sqft - **Stories**: 8 - **Year Built**: 2021 - **Price per Sqft**: $2,488 - **Common Charges**: $6,421.53 / Monthly - **Monthly Taxes**: $8,258 / mo - **Listed On**: Sep 15, 2026 - **Days on Market**: 21 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - In Unit - Private Outdoor Space Over 60 Sqft - Kitchen Island - Recessed Lighting - Soaking Tub - Walk-In Closet(s) - Dishwasher - Wine Cooler - Hardwood - Double Pane Windows ## Estimated Monthly Payment **$52,477 / month**, assuming a 20% down payment ($1,495,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $37,798 - **Property Taxes**: $8,258 - **Common Charges**: $6,422 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 9 apartments at 500 West 22nd Street have recorded sales since October 2021, the most recent for $5,311,150 in June 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2A (Apartment) | 3 | 2,614 | $5,311,150 | $2,032/ft² | June 20, 2024 | City record · MLS | | 5A (Apartment) | 1 | 1,153 | $2,250,000 | $1,951/ft² | February 16, 2024 | City record · MLS | | 3-A (Apartment) | 1 | 1,157 | $2,300,000 | $1,988/ft² | November 4, 2022 | City record · MLS | | 3-B (Apartment) | 3 | 2,299 | $5,400,000 | $2,349/ft² | June 6, 2022 | City record · MLS | | 4-A (Apartment) | 1 | 1,152 | $2,350,000 | $2,040/ft² | April 22, 2022 | City record · MLS | | 5-B (Apartment) | 3 | 2,299 | $5,600,000 | $2,436/ft² | March 21, 2022 | City record · MLS | | 4-B (Apartment) | 3 | 2,299 | $5,500,000 | $2,392/ft² | March 3, 2022 | City record · MLS | | PH-B (Duplex) | 3 | 3,813 | $12,500,000 | $3,278/ft² | March 2, 2022 | City record · MLS | | 6-A (Apartment) | 4 | 3,443 | $9,300,000 | $2,701/ft² | March 1, 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 - **This home**: $7,475,000 - **Median sold price**: $5,500,000 - **Difference**: +$1,975,000 (+35.9%) - **This home, $/ft²**: $2,488 - **Median $/ft²**: $2,392 - **Comparable sales**: 5 - **Sales from**: March 2022 – June 2024 - **Middle half of those sales**: $5,400,000 – $5,600,000 Based on three-bedroom sales at 500 West 22nd Street. ### How these sales were negotiated - **Typical time to find a buyer**: 106 days (5 sales) - **Typical time to close**: 86 days (5 sales) Based on three-bedroom sales at 500 West 22nd Street 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 sale price, condo and house three-bedroom sales in Chelsea | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $4,515,606 | 20 | | 2017 | $4,505,756 | 23 | | 2018 | $3,605,000 | 20 | | 2019 | $4,050,000 | 27 | | 2020 | $4,150,000 | 18 | | 2021 | $4,050,000 | 66 | | 2022 | $5,400,000 | 69 | | 2023 | $5,230,000 | 43 | | 2024 | $4,850,000 | 62 | | 2025 | $4,700,000 | 55 | | 2026 YTD | $4,050,000 | 22 | Based on recorded condo and house three-bedroom sales in Chelsea. 2026 is year-to-date. Sales data through June 2024. 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 500 West 22nd Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-west-22nd-street) ## Price and Property History for 500 West 22nd Street, Unit PHA Review the recorded listing activity for 500 West 22nd Street, Unit PHA, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $20,000, or 0.3%, on July 9, 2026 - **Originally listed**: February 11, 2016 at $7,495,000 - **Entered contract**: October 5, 2026 | Date | Price | Listing event | | --- | --- | --- | | October 5, 2026 | $7,475,000 | Entered contract | | July 9, 2026 | $7,475,000 | Asking price reduced by $20,000, or 0.3% | | February 11, 2016 | $7,495,000 | Listed for sale by Compass | ## Property Tax History Taxes at 500 West 22nd Street #PHA were $94,658 in 2026, down 3.9% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $820,348 | $97,439 | $722,909 | $757,263 | $94,658 | 12.5% (estimated) | | 2025 (FY 2025/26) | $788,226 | $97,439 | $690,787 | $788,226 | $98,528 | 12.5% (estimated) | | 2024 (FY 2024/25) | $802,429 | $97,439 | $704,990 | $789,373 | $98,672 | 12.5% | | 2023 (FY 2023/24) | $882,807 | $97,439 | $785,368 | $882,807 | $110,369 | 12.502% | | 2022 (FY 2022/23) | $568,654 | $97,439 | $471,215 | $568,654 | $69,757 | 12.267% | 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 1006931410. 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 ### 500 West 22nd Street Chelsea · Condominium 500 West 22nd Street, New York, NY 10011 A building in Chelsea, currently featuring 0 active listings. - **Year Built**: 2021 - **Active Units**: 0 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-west-22nd-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/500-west-22nd-street-pha-ny-10011) | 3 | 4 | 3,005 sqft | $2,488 | $7,475,000 (-0.3%) — In contract | Compass | Sep 15, 2026 | 21 days | ## 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 - [500 West 22nd Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-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.