The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$3,400,000
227 W 17th St Fl 3
New York, NY, 10011
View more New York, NY property pages4Beds
2Baths
4,900Sqft
$694$/sqft
Listing Notes
Located in the heart of Chelsea and within close proximity to world-class galleries and top-rated restaurants, as well as the Meatpacking District, Chelsea Market, the High Line and Google headquarters, this nearly 5, 000-square-foot, full-floor loft currently configured as an art gallery has the potential to be converted to residential use. On the third floor of this historic, 1910 loft building, the unit features 10-foot ceilings, a row of 14 oversized, southern-facing windows and a private vestibule. 227 West 17th Street is a boutique, mixed-use cooperative building w/ a keyed elevator and voice-intercom system. Pet-friendly, 2% flip tax. Building super accepts packages.
Market Insights
Below nearby median-64%
$694/sqft vs a nearby median of $1907/sqft.
Nearby median$1907/sqft
Nearby properties8
Property size4,900 sqft
- -64% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,900 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$9.20M$8.49M – $9.92M · 62% confidence
vs ask $3.40M−$5.80M (−170.7%)
Asking price is about 170.7% below the fair value — likely to draw competing offers if it's still on market.
$1,907/sqft median across 7 tight comps × 4,900 sqft= $9.34M
- Transit access+$374k +4.0%
- Visible condition issues−$374k −4.0%
- Days-on-market gravity−$280k −3.0%
- Pre-war character+$234k +2.5%
- Virtually staged−$93k −1.0%
Cumulative NYC adjustments−$140k−1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 948 days
- Last price change
- No change recorded
- Listed
- Oct 7, 2023
- Photos
- 27 photos
- Property type
- coop
- Status
- for sale
- Last sold
- May 22, 2019 · $3,850,000
Features & Amenities
City ViewElevatorViewTwo Or More StoriesHigh CeilingElevator
Photos
Building Facts
- Year built
- 1910
- Stories
- 8
- Total units
- 8
- Residential units
- 5
- Building area
- 42,720 sqft
- Lot size
- 4,944 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D0
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,400,000for sale
Public Records
DOB violations0 open
25 total recorded against the building
HPD violations0 open
2 total recorded
ACRIS documents41
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)23,463
Top: encampment
Top complaint types in ZIP 10011
- Encampment3,787
- Noise - Residential1,437
- Illegal Parking1,314
- Homeless Person Assistance1,218
- HEAT/HOT WATER1,215
Recent DOB
- Feb 20, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 29, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Apr 19, 2017V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Jan 19, 2017V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Nov 2, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Oct 10, 2018Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.