Prevu by reAlpha
BuySellBlogBrowse Listings

551 West 21st Street 8BNew York, NY 10011

For Sale

$7,150,000

Smart Buyer Rebate $89,375

Introducing The Awe-Inspiring, Custom-Designed NYC Home of Hotelier and Developer, Alan Faena At 2,425 square feet, this impeccably designed two-bedroom, two-and-a-half-bathroom home with a separate library/den is perfectly located on the best block of the West Chelsea waterfront. Beautifully scaled and masterfully designed by the architects of Foster + Partners, along with Alana Faena and his team, this residence includes a magnificent 26' x 19' southwest-facing corner living room, overlooking the Hudson River, downtown Manhattan and beyond. The fully appointed kitchen with beveled marble countertops and backsplash, and a generous library/ media room complete the apartment's entertainment and living spaces. A gracious master bedroom features a fully finished dressing room with extensive custom millwork by Foster + Partners. The luxurious master bathroom includes a stately entrance through 9' double doors, a freestanding tub, radiant heated Luna Black granite floors, as well as a custom Corian vanity with integrated lighting. Other features include an enclosed shower and water closet with custom designed floor-to-ceiling translucent glass doors. The secondary bedroom has an en-suite bath with Travertino Striato stone floors and elegant Dornbracht fixtures. With just 42 private homes overlooking the Hudson River in West Chelsea, 551 West 21st Street is one of the most celebrated buildings along West Chelsea's Architect's Row. An exclusive and urbane setting, 551 is ideally located on Manhattan's waterfront and a premier block in one of the most vibrant and sought-after neighborhoods in the world. The building is perfectly located in the West Chelsea Arts District, with top gallerists from Paula Cooper, Barbara Gladstone, Larry Gagosian and David Zwirner all as neighbors; additional nearby attractions include the High Line Park, High Line Hotel, as well as the ever-expanding Hudson Yards and countless restaurants and shopping. Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street features a gated drive court with 24/7 valet parking and surrounded by a 20-foot green wall, a dramatic awe-inspiring 34-foot, double height lobby with custom designed chandelier and a prismatic glass wall allowing natural light to flood the space. Additional amenities include full-time doorman and concierge, porter and valet services, a state-of-the-art fitness center with spa and sauna, treatment room, yoga and pilates room, golf simulator, billiards and residents' lounge, bike storage, a live-in super and a dedicated, separate service entrance. Parking in the building is available separately for purchase, providing an immediate escape in and out of the City via the West Side Highway.

Listed by Dustin V Crouse

·

Douglas Elliman Real Estate

·

(570) 337-5306

Listed by Erin Boisson Aries

·

Douglas Elliman Real Estate

Last updated March 31, 2026

·

Source: REBNY #RLS20076399

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodChelsea
  • Bedrooms2
  • Bathrooms2.5
  • Days on Prevu24
  • HOA/Maint. Fees$5,558/month
  • Size2,425 sqft
  • Price per sqft$2,948

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

03/31/2026
Price Increased
$7,150,000
03/11/2026
Listed by Douglas Elliman Real Estate
$7,125,000

Estimated Closing Costs

Total
$312,660
Attorney Fees
$4,000
NYC Mansion Tax
$160,875
Title Insurance
$32,175
Bank Attorney
$1,500
Mortgage Recording Tax
$110,110
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $7,150,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 551 West 21st Street 8B

Association

Amenities

  • Community Features: Sauna
  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time, Concierge Full Time, Elevator Attendance Yes

Fees

  • Association Fee: $5,558.00 Monthly

Exterior

Construction

  • Number Of Units Total: 44
  • Stories Total: 19
  • Structure Type: High Rise
  • Year Built: 2015
  • Building Name: 551 W 21
  • Entry Level: 8

Features

  • Building Features: Kitchen Facilities
  • View: City, Ocean, Panoramic, River

Financial

Taxes

  • Parcel Number: 0693-1124

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Spa Features: Sauna

Measurements

  • Living Area: 2,425
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Rooms Total: 6

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Chelsea
  • Tax Block: 00693
  • Tax Lot: 7502

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2.5 bathrooms in this condo at 551 West 21st Street 8B.

How does 551 West 21st Street 8B compare to other condos in Chelsea?

This condo is listed 46% above the average price for condos in Chelsea and has been on the market for 140 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the 551 W 21 building.

What is the square footage on this condo?

According to the MLS, this listing is 2,425 sqft.

551 West 21st Street 8B is a 2-bedroom, 2.5-bath condo for sale in New York NY 10011. Listed on Prevu for 24 days at $7,150,000. This includes a recent price increase of $25,000. This residence features 2,425 square feet of living space, located in Chelsea. The median listing price for condos in this area is $2,295,000. Property amenities include private outdoor space and doorman. Browse more condo listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.