--- 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: "2026-09-14T17:34:27.464Z" status: "Active" --- # 559 West 23rd Street #5/6, New York City, NY 10011 Chelsea, New York City, NY Courtesy of Compass Last updated: September 14, 2026, 1:34 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**: 1 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 ## Sales Evidence ### How this price compares The median closed price for comparable condo three-bedroom sales in Chelsea is $4,952,375, based on 102 sales between September 2024 and July 2026. This home is asking $4,500,000, $452,375 below that median. The middle half of those sales closed between $3,325,000 and $6,652,500. - **Median closed price**: $4,952,375 - **Middle half**: $3,325,000 – $6,652,500 - **Based on**: 102 condo three-bedroom sales in Chelsea - **Period**: September 2024 – July 2026 - **Median $/ft²**: $2,101/ft² Across the 88 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 89% 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**: 95.1% of the original ask - **Closed below ask**: 89% of 88 sales - **Listed → in contract**: 196 days (about 28 weeks) - **In contract → closed**: 55 days (about 8 weeks) Across the 88 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 89% of them closed below the original ask. Half of these homes were in contract within 196 days (about 28 weeks) of coming to market, based on the 88 with a recorded listing date. Once a deal was agreed, closing took a further 55 days (about 8 weeks), based on the 86 with both dates recorded. 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 102 condo three-bedroom sales in Chelsea, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house three-bedroom sales in Chelsea, 2016 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 | | --- | --- | --- | | 2016 | $4,582,126 | 22 | | 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 | $4,250,000 | 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 Chelsea Waterside Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/chelsea-waterside-residences) ## 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 - **Total 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 | 1 days | ## 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. ## 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.