Listing Courtesy of Sothebys International Realty
$10,500,000
Potential Rebate: $157,500
For the first time ever, this bespoke full-floor loft — designed and reimagined by visionary architect, Charles Gwathmey — comes to market as a true collector’s item. Renowned for his 1992 renovation and expansion of New York’s Guggenheim Museum, Gwathmey infused this ~4,800-square-foot residence, created for his son, with his unmistakable modernist touch.
Purchased long before Chelsea became the cultural hub it is today, the residence embodies both timeless artistry and museum-quality refinement. A keyed elevator opens directly into a pristine foyer, unfolding to a dramatic great room lined with 14 oversized windows framing sweeping southwestern views. Soaring beamed ceilings, original columns, and pre-war detailing honor the building’s history, while Gwathmey’s minimalist aesthetic infuses the home with serene sophistication.
The flexible layout balances scale with intimacy, offering two bedrooms plus a windowed home office, a media room with built-in library shelving, and two and a half baths. Expansive walls provide a gallery-like backdrop for significant art collections, transforming the home into a private exhibition space as much as a residence.
The chef’s kitchen marries industrial edge with refined craftsmanship: bespoke oak cabinetry, professional-grade appliances, a monumental steel-topped island, and a discreet glass-enclosed pantry with generous storage and full-sized laundry room.
The primary suite is a sanctuary, complete with a massive custom walk-in closet and an extraordinary spa-inspired bath of stone and steel, awash in natural light. A sleek stainless-steel vanity and dramatic gallery-like open space anchor the design, complemented by a glass-enclosed shower and private powder room. The guest suite offers equal distinction, featuring a soaking tub and refined stone finishes.
Located at 227 West 17th Street, a boutique eight-story building with only five residences, this offering is as rare as it is remarkable. Residents enjoy a full-time superintendent, secure entry, and close proximity to Chelsea’s acclaimed dining, galleries, the High Line, the Whitney Museum, and the Hudson River Esplanade. Pets permitted; subletting permitted; 2% flip tax.
This is not simply a loft — it is a once-in-a-generation opportunity to own a piece of architectural history."
$59,608 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$157,500
Monthly savings impact
$438/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Sothebys International Realty
Data Source: TRESTLE #RLS20051865

Compare average listing prices and value metrics for 227 West 17th Street Floor against the surrounding Chelsea market.
than the Chelsea price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.
\nA mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.
\nVibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.
\nC/E, 1, and F/M trains serve the area. Penn Station is at the northern border.
\nThe High Line is the crown jewel. Chelsea Piers offers massive sports facilities.
\nBest for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

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