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The Spears Building, 525 West 22nd Street, #PHC

Listing no longer available on CityRealty as of Jun 4, 2022
It previously was on the market for a total of 95 days.
Last Sold on Nov 28, 2023 for $5,900,000
2 beds, 2.5 baths | Approx. 2,200 ft2
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  • Buyers
  • Tl525 Llc
  • Sellers
  • Adriana Biasi Franchi
  • Brandon Ralph
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95 days on Market

Pricing History

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Key Details

  • Listed: Mar 1, 2022
    Last Price Change: -7.7% ($500,000) on Mar 29
    Days on Market: 95
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: PT Doorman
    Listing viewed 559 times
Monthly Common Charges: $1,883
Monthly Real Estate Taxes: $2,325
Total Taxes & Fees: $4,208 ($1.91/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $37,251 ($16.93/ft2)
Note: the above is based on a down payment of 20% ($1,199,000), which is the minimum amount permitted by the building.

Description

Spectacular Penthouse Duplex in The Spears Building, one of the finest full-service loft residences in West Chelsea. One of only 30 lofts in this luxurious boutique condominium, Penthouse C is a shining example of voluminous space and impeccable design featuring over 823sf of private outdoor space and the opportunity to add a third bedroom with room to spare. Enjoy views and light galore with expansive windows facing south, along with 4 skylights, soaring 12+’ ceilings, wood beams & columns, polished concrete & hardwood floors, chic lighting, exposed brick walls with arches & recesses, and other classic architectural elements that distinguish this modern, industrial-style gem. The huge open great room on the main level, graced by Shou Sugi ban/charred wood ceilings & oversized windows with solar shades, boasts generous walls for artwork & extensive space for entertaining.

A sun-blasted living area with a skylight, wood-burning fireplace & built-in bookshelves is met by open dining, multiple possibilities for seating, and a tastefully-done open kitchen & bar. The gourmet chef is in their element with a Miele oven & dishwasher, Sub-Zero fridge, Pitt cooking range, Best flush ceiling mount range hood, XO garbage disposal, Multipure filter, Carrara marble countertops, custom lacquered wood cabinetry & pantry/laundry room with Electrolux washer & vented dryer. Completing this level is a guest suite + office with 2 closets, a beautiful full & half bath with Duravit fixtures.

Ascend the striking wood staircase, bathed in light by a 14’ skylight, to the upper level where your master suite awaits. This peaceful retreat with motorized blackout shades is brightened by a skylight & wall of glass, with a walk-in closet, custom lacquered wood dresser & wardrobe for your belongings. Beyond floor-to-ceiling glass doors sits your large private terrace oasis, also accessible from the master spa bath clad in heated polished concrete & travertine slab floors & Vola matte black fixtures.

Refresh & renew in the enormous sky-lit shower with a rain shower head, steam shower, heated bench, and its own tall glass doors extending out to the rooftop terrace. Other highlights are in-ceiling recessed speakers, tremendous storage with 2 walk-in coat closets, storage beneath the staircase & fitted closets throughout, multi-zoned central air, the list goes on. Built in 1893 as a manufacturing building and converted into high-end condos in 1996, the 6-story Spears Building offers part-time doorman service, a superintendent, furnished planted roof deck with Hudson River views, bike storage & storage units. The location is excellent, on a quiet block in the heart of the West Chelsea Gallery District, right by the High Line.

Also minutes away are fashion boutiques, the Chelsea Piers sports complex, Hudson River Park, Hudson Yards, Clement Clarke Moor Park, Chelsea Market, Meatpacking District, and The Avenues School. Pets are allowed in this very desirable elevator building. Currently there is a $1,804.52 assessment to rebuild reserves.

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Apartment Amenities

  • Terrace
  • Washer/Dryer in apt.

About The Spears Building, 525 West 22nd Street

59

The Spears Building, 525 West 22nd Street has received a CityRealty Rating of 59, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
22
Out of 36
+
11
Out of 39
+
8
=
59
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • PT Doorman
  • Intercom
  • Rooftop Terrace
  • Elevator

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