228 W 17th Street #2b New York (manhattan), NY 10011 Open 11/30 11AM-1PM

UPDATED: 11/30/2025 06:09 PM ON MARKET: 6 days on market

$494,500

1 Bed1 Bath388 SqFt

Key Details

Property Type Condo

Sub Type Stock Cooperative

Listing Status Active

Purchase Type For Sale

Square Footage 388 sqft

Price per Sqft $1,274

MLS Listing ID 938676

Style Other

Bedrooms 1

Full Baths 1

Maintenance Fees $700

HOA Y/N No

Rental Info No

Year Built 1930

Property Sub-Type Stock Cooperative

Source onekey2

Property Description

228 W 17th Street, Unit 2B – Chelsea, Manhattan

Own a piece of Chelsea in this bright and beautifully maintained one-bedroom co-op, located in a well-kept HDFC building on one of the neighborhood's most desirable blocks. Perfectly situated between 7th and 8th Avenue, this home offers both affordability and convenience in one of Manhattan's most vibrant neighborhoods.

The apartment is in great condition, featuring a comfortable layout with a spacious living area, separate bedroom, and plenty of natural light throughout. With very low monthly maintenance, this home presents an incredible opportunity for both first-time buyers and long-term owners alike.

Building Details & Highlights:

HDFC cooperative with income restrictions

Apartment in excellent move-in condition

Exceptionally low maintenance fees

Flip tax schedule applies (details below)

Close to the A/C/E, 1/2/3, and L trains for easy commuting

Surrounded by Chelsea's best restaurants, boutiques, art galleries, and nightlife

Pet-friendly

Flip Tax Structure:

1–5 years ownership: 70% HDFC / 30% shareholder profit

6–10 years ownership: 55% HDFC / 45% shareholder profit

11–15 years ownership: 40% HDFC / 60% shareholder profit

16–25 years ownership: 25% HDFC / 75% shareholder profit

This is a rare chance to purchase in a prime Manhattan neighborhood at an affordable price point. With its great condition, unbeatable location, and low carrying costs, 228 W 17th Street, Unit 2B is an excellent opportunity to call Chelsea home.