---
title: "559 West 23rd Street #5/6, New York City, NY 10011"
description: "559 West 23rd Street #5/6, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $4,500,000. 3 bed, 4 bath, 2,410 sqft Illustrative Buyer Commission Share of $67,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/559-west-23rd-street-56-ny-10011"
source: "Real Estate Rebate Team"
dateModified: "2026-09-23T22:51:27.520Z"
status: "Active"
---

# 559 West 23rd Street #5/6, New York City, NY 10011

Chelsea, New York City, NY

Courtesy of Compass

Last updated: September 23, 2026, 6:51 PM

## At a Glance

- **Listing Price**: $4,500,000
- **Beds**: 3
- **Baths**: 4
- **Sqft**: 2,410
- **Common Charges**: $4,245 / mo
- **Monthly Taxes**: $5,409 / mo
- **Price per Sqft**: $1,867
- **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**: $4,500,000
- **Illustrative Buyer Commission Share**: -$67,500*
- **Illustrative Net Cost**: $4,432,500

*Illustrative Buyer Savings of $67,500 — 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)

![559 West 23rd Street #5/6, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a0d963f-3cfc-423f-afd7-96d553498ca4.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18f6d9a4-82d0-44ea-8b91-83eb73032650.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c33c19ad-ecd9-4e7f-ad18-2f3569e683d4.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e10d71ac-4771-41f7-a007-6bb2d6ccb082.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/898a5e77-a19f-4360-89be-d8eb2538ba0d.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2875c89a-c167-4320-a4be-69c102005eb3.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61991b25-db5d-4532-8fb7-8e66abbbab70.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e15aa567-92c6-430e-9757-b1a6a7fe7dc4.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4992294-7a92-4fc8-a644-46de4455b632.jpg)
![559 West 23rd Street #5/6, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e52606a-f8b7-46e2-b748-96492964bc68.jpg)

## Property Overview

Introducing Residence 5/6 at 559 West 23rd Street, a light-filled duplex set in a private, boutique building a stone's throw from the West Chelsea waterfront. Spanning over 2,400 square feet, and with three bedrooms, a separate office with a Murphy bed, four full bathrooms, two terraces, and a double-height south-facing living room, Residence 5/6 is spacious, luxurious and turn-key.

Enter the home through the key-locked elevator into a proper foyer which divides the quiet bedroom wing from the public living spaces. The grand living room has ceilings 20 feet high, and floor-to-ceiling windows to match. An additional west-facing window allows the familiar glow of afternoon light over the room, which can accommodate a generous seating area and dining for 10, plus a built-in wet bar with wine refrigerator. Adjacent, the semi-open kitchen includes custom cabinetry by Eggersman, Montclair Danby marble countertops, and appliances from Sub-Zero and Miele.

Upstairs, the primary suite is a self-contained enclave, astutely separated from the rest of the apartment. The king-sized bedroom overlooks a private terrace, from which one can see sunsets over the Hudson River. The walk-in closet is nearly 100 square feet in size, matched only by the spa-like primary bathroom. Featuring two windows, one to the north and one to the east, and marble floors and walls, the primary bathroom has a double vanity, rain shower, and separate soaking tub.

On the other side of the upper level, a dedicated office space or guest room -- complete with a Murphy bed -- offers flexibility for work or for guests; it includes a dedicated full bathroom just outside.

The two secondary bedrooms are downstairs, each tucked away past a gallery in the north wing of the apartment. The larger of the two includes access to the second balcony, as well as a spacious closet. The corner bedroom includes exposures both north and east. Two full bathrooms serve this lower bedroom wing, each well appointed with premium finishes and fixtures from Duravit and Hansgrohe.

Additional features include central air and heating; a washer/dryer; and private storage.

559 West 23rd Street is a boutique development of only six residential units, designed by NBO4 Architects. The building offers a virtual doorman, bicycle storage, and a gym. It's located near many of the city's most well-regarded galleries and art museums; outdoor spaces like Hudson River Park; Hudson Yards, Chelsea Market and the Meatpacking District; and Chelsea Piers.

Furniture available for purchase separately.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Baths**: 4
- **Rooms**: 7
- **Sqft**: 2,410 sqft
- **Stories**: 13
- **Year Built**: 2015
- **Price per Sqft**: $1,867
- **Common Charges**: $4,244.79 / Monthly
- **Monthly Taxes**: $5,409 / mo
- **Listed On**: Sep 14, 2026
- **Days on Market**: 22 Days

### Residence Features

- Central Air
- Common On Floor
- In Unit
- See Remarks
- Balcony
- Private Outdoor Space Over 60 Sqft
- Wet Bar
- Elevator
- High Ceilings
- Soaking Tub
- Bar
- Walk-In Closet(s)
- Wine Cooler
- Hardwood
- City

## Estimated Monthly Payment

**$32,408 / month**, assuming a 20% down payment ($900,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $22,754
- **Property Taxes**: $5,409
- **Common Charges**: $4,245

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

One apartment at Chelsea Waterside Residences has a recorded sale since October 2021, the most recent for $4,500,000 in October 2022. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| PH11 (Apartment) | 3 | 1,765 | $4,500,000 | $2,550/ft² | October 27, 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**: $4,500,000
- **Median sold price**: $4,839,875
- **Difference**: -$339,875 (-7%)
- **This home, $/ft²**: $1,867
- **Median $/ft²**: $2,097
- **Comparable sales**: 100
- **Sales from**: October 2024 – August 2026
- **Middle half of those sales**: $3,275,000 – $6,431,250

Based on condo three-bedroom sales in Chelsea.

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

- **Sale-to-list price**: 95% (86 sales)
- **Sold below asking**: 87% (86 sales)
- **Typical time to find a buyer**: 175 days (87 sales)
- **Typical time to close**: 54 days (85 sales)

Based on condo three-bedroom sales in Chelsea 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 August 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 Chelsea Waterside Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-waterside-residences)

## Property Tax History

Taxes at 559 West 23rd Street #5/6 were $65,226 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $708,736 | $114,889 | $593,847 | $521,808 | $65,226 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $793,951 | $114,889 | $679,062 | $483,156 | $60,395 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $992,451 | $114,889 | $877,562 | $447,367 | $55,921 | 12.5% |
| 2023 (FY 2023/24) | $921,908 | $114,889 | $807,019 | $438,430 | $54,813 | 12.502% |
| 2022 (FY 2022/23) | $810,474 | $114,889 | $695,585 | $438,430 | $53,782 | 12.267% |
| 2021 (FY 2021/22) | $648,370 | $114,889 | $533,481 | $520,956 | $63,739 | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $437,108 | — | — | $437,108 | $55,128 | 12.612% |

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 1006952203. 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

### Chelsea Waterside Residences

559 West 23rd Street, New York, NY 10011

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2015
- **Active Units**: 1
- **Floors**: 13

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

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5/6](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/559-west-23rd-street-56-ny-10011) | 3 | 4 | 2,410 sqft | $1,867 | $4,500,000 | Compass | Sep 14, 2026 | 21 days |

## 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

- [Chelsea Waterside Residences — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-waterside-residences)
- [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.