Active

31 W 21ST Street 5

New York City NY, 10010

$5,750,000


$1,220.03 per sqft

Active

4 Beds

3 Baths

4,713 sqft

Condos

Built in 1907

HUGE $1 MILLION PRICE DROP! Serious Seller. Bring All Offers!

A unique Flatiron/ Chelsea full-floor luxury loft now at an unbeatable value at $5.75M, down from $6.75M! At under $1,250 per sq. ft, this is the cheapest unit of its kind in the area!

This 4,713 sq. ft. architectural masterpiece by Phil Olson offers an extraordinary canvas for customization. Featuring 4 oversized bedrooms, 3 bathrooms, a media room, home office, and ample storage, this expansive loft boasts soaring 12-foot+ ceilings, reclaimed pine curved walls, a stunning copper-walled office, and backlit Kalwall sliding doors. The mahogany-enclosed infinity tub and two-person steam shower in the primary suite add to its unique character.

While the space is packed with architectural charm and statement features, it does require some updating offering the perfect opportunity to reimagine and modernize to your taste. With its open-concept layout, maple hardwood floors, custom metal art deco front doors, and recessed lighting, the foundation is already set for a truly spectacular transformation.

Set in an intimate 11-unit boutique condo in the heart of Flatiron, just steps from Madison Square Park, Union Square, Eataly, Whole Foods, Trader Joe, top dining, and multiple transit options, this location offers both vibrancy and exclusivity.

With its size, location, and potential, this is a must-see investment opportunity. Priced aggressively at $5.75M, this home invites you to create your dream space in one of NYC most sought-after neighborhoods.

RLS20005634

MLS ID

February 27, 2025

Listed

March 10, 2025

Updated

Interior Features

Total Stories

11


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Appliances

Washer Dryer Allowed


Laundry Description

Building None, Washer Hookup, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

None


Architectural Style

Loft


Patio And Porch

None

Other Property Details

Common Charges

$5,000


Common Charges Frequency

Monthly


Garage

No


View

Yes


View Description

City


County

New York


Pets Allowed

Yes

RLS Data display by Reena Talwar with Douglas Elliman Real Estate
Listing Contact: (847) 903-3262 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 3/10/2025 at 11:37 AM UTC

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