101 West 24th Street (Chelsea Stratus)
101 West 24th Street, New York, NY 10011
BBL 1008007504 · BIN 1087767
- Type
- Condominium
- Units
- 202
- Floors
- 40
- Amenities
- 24-hour doorman and concierge; full-floor Thomas Balsley-designed roof deck on the 40th floor with grills and a dog run; fitness center with indoor half basketball court; approximately 3,000-square-foot residents' lounge with fireplace, billiards, dining area, and catering kitchen; landscaped garden (the "Zen garden" of the house rules on file); bike room; private storage; live-in resident manager
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Maximum financing
- 80% of the purchase price
- Doorman
- Full-time doorman
Every recorded sale at this building, 2008–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $2,196
- floor-adjusted, 8 sales
- Listing discount
- 0.0%
- Recorded sales
- 440
- On record
- 2008–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Chelsea Stratus would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Chelsea Stratus is a piece of neighborhood-scale history: completed in 2008 as the tallest condominium tower in Chelsea, it was the first condo tower in the wave of residential high-rises that replaced the city's former flower district on Sixth Avenue above 23rd Street after the late-1990s rezoning. LCOR developed the 40-story, 491-foot tower on a former Con Edison parking lot, with SLCE Architects designing the gray-tinted glass envelope. Nearly two decades on, the building has matured into the corridor's established full-service condominium — the known quantity against which the avenue's newer and older towers both get priced.
The amenity program is the building's market signature, and it is genuinely unusual for its vintage: the entire 40th floor is given over to a Thomas Balsley-designed roof deck with grills, a dog run, and panoramic views from the Empire State Building to the harbor — full-floor amenity roofs remain rare even in newer Chelsea product — plus a fitness center with an indoor half basketball court, a roughly 3,000-square-foot residents' lounge with fireplace, billiards, and catering kitchen, and a landscaped garden at the base. For one- and two-bedroom buyers comparing amenity stacks per dollar across Chelsea and Flatiron, the Stratus consistently screens well.
The location argument is corridor arithmetic. The F/M sit at the corner, the 1 and R/W within two blocks, the C/E and PATH within a few minutes — and the building stands roughly equidistant from Madison Square Park's restaurant gravity (Eataly a block east), the High Line four blocks west, and Union Square ten minutes south. The trade is honest: Sixth Avenue is a working traffic artery, and the building's quiet lines face away from it.
Architecture and unit composition
SLCE's tower rises from a five-story base that holds the streetwall with roughly 16,000 square feet of retail, then runs as a glass shaft to the full-floor amenity crown. The residential mix — 202 units per city records — is dominated by one- and two-bedrooms in efficient, windowed-kitchen layouts, with studios on lower floors and three-bedroom penthouses on the top residential floors. Many lines carry balconies with one slightly angled side, the building's recognizable exterior detail; interiors were delivered with Macassar ebony kitchen cabinetry, stone countertops, and premium appliance packages per architectural and listing records, and ceiling heights run from about 9'3" to 11 feet. The building's most singular unit is a townhouse-style residence at the third floor with a 441-square-foot private garden courtyard, documented in the offering plan's Schedule A on file. Corner exposures above the mid-rise neighbors take open Empire State Building, Hudson, and downtown views.
Building operations
Full-service condominium mechanics: 24-hour doorman and concierge, valet services, live-in resident manager, and institutional management, with building communications and operations run through a resident portal per the house rules on file. The condominium's governing stack is well documented in The Roebling Research Library — offering plan and amendments, Schedule A, by-laws, house rules, and audited financial statements, including the association's 2009 purchase of the resident manager's unit, a balance-sheet asset worth noting in financial review. Buyers' attorneys should review current financials and any capital schedule alongside the documents on file.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 ($750 without a Broker) | Refundable Not stated |
| Background Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Move Out Fee | Paid by Seller | When With the application | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Post Closing Documents Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Landlord | When With the application | Amount $500 | Refundable Not stated |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $700 ($750 without a Broker) | Refundable Not stated |
| Credit Report FeeConditional · Per applicant | Paid by Tenant | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Tenant | When With the application | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,000 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,000 | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Processing Fee | Paid by Tenant | When With the application | Amount $300 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: The Roebling Team's building profile
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $832 per room a monthMedian of 20 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.01 per square foot a monthMedian of 21 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.12 per square foot a monthMedian of 31 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.93 per square foot a monthMedian of 31 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Valet
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, roof deck, garden, bike storage, storage, pet facilitiesSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $209,552/yr
- Per unit / month range
- $0 – $86
- Modeled exposure split equally across 202 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
Management & transfer contacts
- Policies and fees
- Condo sale/lease app $700 ($750 without a broker) + $125/applicant background; move-in & move-out $500 each + $1,000 deposits; lease renewal $300
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 19, 2026 | 19H | 1 BR · 834 sf | $1,550,888 | $1,860/sf | — |
| Aug 3, 2026 | 19C | 1 BR · 1.5 BA · 793 sf | $1,675,000 | $2,112/sf | -4.3% |
| Jun 16, 2026 | 15C | 1 BR · 1.5 BA · 793 sf | $1,650,000 | $2,081/sf | +3.1% |
| Jun 9, 2026 | 24A | 2 BR · 2 BA · 1,127 sf | $2,370,000 | $2,103/sf | -1.0% |
| Jun 8, 2026 | 6D | 2 BR · 2 BA · 1,272 sf | $2,815,000 | $2,213/sf | -1.2% |
| Jun 5, 2026 | 19B | 2 BR · 2 BA · 1,242 sf | $2,530,000 | $2,037/sf | -2.7% |
| Apr 1, 2026 | 23E | 2 BR · 2 BA · 1,113 sf | $2,200,000 | $1,977/sf | -3.3% |
| Mar 25, 2026 | 19D | 2 BR · 2 BA · 1,286 sf | $2,750,000 | $2,138/sf | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $2,196/sf (floor-adjusted) across 8 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00800-7504; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at Chelsea Stratus, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 20 | $6,512 |
| 2 bedroom | 18 | $9,500 |
39 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Chelsea Stratus and nearby.
At the recent median sale of $2.11M (15 sales in the past 24 months, since October 25, 2024), a buyer putting 25% down would pay about $89,479 to close, or 4.2% of the price.
- Mansion tax: $26,375
- Mortgage recording tax: $30,463
- Title insurance: $9,495
- Attorneys, lender, building fees, reserves and filings: $23,146
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The condo framework is fully conventional — use it. Pieds-à-terre and investors are welcomed per listing records, financing at 20 percent down is the documented convention, and transfer mechanics are condominium-standard. For buyers structuring through trusts or LLCs, confirm specifics with the managing agent and your attorney.
Underwrite taxes at the unabated number. Schedule A on file shows the building launched with 421-a benefits; that schedule has run its course. The monthly tax line on older listings is not a guide — verify the unit's current assessment and run the True Monthly Carrying Cost Calculator.
Buy the line, not the building average. The spread between low-floor avenue-facing units and high-floor corners with Empire State views is wide. Balconies, floor height, and exposure drive the per-foot math here more than finishes.
The amenity stack is the value case. A full-floor roof deck, basketball court, and 3,000-square-foot lounge at this price tier is the building's structural argument against newer boutique condos with thinner programs. Price the common charges against what you would actually use.
Sixth Avenue is loud and useful in equal measure. Transit density is exceptional; so is traffic. Spend time in the specific unit at rush hour before contract.
Review the house rules before planning your move. Move-ins, deliveries, grilling, and amenity reservations run through documented procedures in the house rules on file — standard for a building of this scale, but worth reading early.
What to know if you’re selling
Same-building comparables rule the appraisal. With 200-plus units and steady turnover, your buyer's lender will see every recent trade. Price against same-line and same-tier history — we maintain it in the Research Library — rather than against newer-development asking prices.
Market the roof and the court, with specifics. The full-floor Balsley roof deck and the indoor basketball court are the two features buyers remember from showings. Name them precisely; generic "luxury amenities" copy wastes the building's best material.
Position against both generations. Your competition is post-2015 Chelsea and NoMad product at higher per-foot pricing and 2000s-vintage neighbors at similar pricing with thinner amenities. The Stratus pitch is the middle path: institutional scale, full amenity program, proven resale liquidity. Have the current budget, audited statements and any assessments ready for buyers to review.
Mansion tax thresholds shape offers above $1 million. Run the Mansion Tax Calculator at the intended ask and understand where the cliffs sit relative to your pricing band.
Comparable buildings
If you're considering 101 West 24th Street, also evaluate:
- Walker Tower (212 West 18th Street) — Chelsea's trophy pre-war conversion; the neighborhood's price ceiling
- One Madison (23 East 22nd Street) — the Flatiron view-tower peer east of the park
- 45 East 22nd Street — the Flatiron district's contemporary tower; the design and price step-up
- 15 Union Square West — boutique glass-over-cast-iron condo at Union Square
- 252 Seventh Avenue (The Chelsea Mercantile) — Chelsea's full-service loft condominium; the conversion alternative at similar scale
- 35XV (35 West 15th Street) — the 2015 glass condo down the avenue; the newer-vintage comparison
- The O'Neill Building (655 Sixth Avenue) — landmark cast-iron condo conversion on the same avenue; the character alternative
- Chelsea House (130 West 19th Street) — boutique 2008-era Chelsea condo; the same vintage at smaller scale
More Chelsea buildings
- 100 West 15th Street — 1920 co-op
- 100 West 18th Street — 2006 condominium
- 101 West 14th Street — condominium
- City Prairie, 106 Seventh Avenue — 1910 condominium
- 107 West 25th Street — 1905 co-op
- 110 West 25th Street — 1913 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Chelsea Stratus?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com