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Five Five Zero, 550 West 29th Street, #9FLA

$3,750,000 ($1,766 per ft2) | 3 beds, 3.5 baths | Approx. 2,123 ft2
Building Profile  | 
185 days on Market

Key Details

  • Listed: May 16, 2024
    Last Price Change: ($255,000) on Nov 5
    Days on Market: 185
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 118 times
Monthly Common Charges: $3,295
Monthly Real Estate Taxes: $4,927
Total Taxes & Fees: $8,222 ($3.87/ft2)
Est. Monthly Mortgage: $19,899
Total Est. Monthly Carrying Cost: $28,121 ($13.25/ft2)
Note: the above is based on a down payment of 20% ($750,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Open-Concept Living: Expansive living room, dining area, and kitchen with a penthouse-sized eat-in island, perfect for entertaining.
  • Luxurious Primary Suite: Features a massive walk-in closet and a spa-like en-suite bathroom with Italian Dolomite marble and a separate soaking tub.
  • High-End Finishes: Chic fixtures throughout, including custom Italian cabinetry and Pietra Cardosa countertops, exemplifying modern luxury.
  • Natural Light and Views: Located on one of the highest floors, the apartment boasts abundant natural light with southern, eastern, and western exposures.
  • Exclusive Building Amenities: Enjoy white-glove services including a 24-hour attended lobby, fitness center, sauna, and state-of-the-art security.
  • Prime Chelsea Location: Nestled between the High Line and Hudson Yards, surrounded by trendy restaurants, shops, and cultural attractions.

Description

Very Rare opportunity. 3 bed, 3.5 bath. 2,123 square feet. One of the highest floors at 550 W 29th St with a large amount of natural light.

Introducing Five Five Zero, a new West Chelsea condominium boasting 19 exceptional 3- and 4-bedroom units of unparalleled craftsmanship. This will be the first time the home is relisted for sale.

The building features a striking facade of limestone Roman bricks and massive metal casement windows.

Among the units is an exceptional 3-bedroom, 3.5-bathroom simplex that epitomizes Chelsea luxury and style. Covering an impressive 2,123 square feet on a single level, this condo showcases a range of chic fixtures and finishes. Beyond the spacious foyer, complete with a large coat closet and powder room, is a vast open-concept living room, dining room, and kitchen featuring an expansive penthouse-sized eat-in island, custom Italian cabinetry, and Pietra Cardosa countertops and backsplash.

The primary bedroom includes a massive walk-in closet and a sublime en-suite bathroom with his-and-hers sinks, Italian Dolomite marble walls and floors, Lefroy Brooks fixtures, and a separate Zuma soaking tub and walk-in steam shower.

The other bedrooms each have private closets and access to pristine full bathrooms with limestone floors and Catalano ceramic sinks. Further highlights include wide-plank oak flooring, energy-efficient multi-zone heating and cooling, high ceilings, an in-home washer/dryer, and metal casement windows providing southern, eastern, and western exposure.

Five Five Zero offers residents a range of white-glove amenities, including a 24-hour attended lobby, full-time super, fully equipped fitness room, sauna, state-of-the-art security and video intercom system, commercial-grade washers, bicycle room, and storage units. The building is situated in the heart of West Chelsea, surrounded by trendy restaurants, cafes, shops, galleries, and parks, and is a pet-friendly residence.
Don’t wait- schedule a private tour now and discover the best that West Chelsea has to offer.

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Listing courtesy of Corcoran Group

Pricing History

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About Five Five Zero, 550 West 29th Street

78

Five Five Zero, 550 West 29th Street has received a CityRealty Rating of 78, 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

23
Out of 44
+
26
Out of 36
+
20
Out of 39
+
9
=
78
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 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:
Unrelated Base 0 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 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 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:
6-10 Short Blocks 1 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Attended Lobby
  • Post War
  • Resident Storage
  • Central AC
  • Video Intercom
  • Elevator
  • Fitness Center
  • Laundry Room
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Spa / Therapy Room
  • Terraces / Balconies

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Pros
  • Attended lobby
  • Fitness center
  • Roof deck
  • Storage
  • Bicycle room
  • Near the High Line
  • Many units have 20-foot-high ceilings in living rooms
  • Some full-floor units
  • Many duplexes
Cons
  • No swimming pool
  • No sidewalk landscaping
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