119 East 23rd Street (Crossing 23rd)
119 East 23rd Street, New York, NY 10010
BBL 1008797501 · BIN 1087070
- Year built
- 2005
- Type
- Condominium
- Units
- 95
- Floors
- 21
- Landmark
- No
- Pets
- Permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration — investor-friendly
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,443
- Listing discount
- 1.8%
- Recorded sales
- 240
- On record
- 2005–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Crossing 23rd 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.
Crossing 23rd is a 2005 contemporary condominium on East 23rd Street between Park Avenue South and Lexington Avenue, at the meeting point of Flatiron and Gramercy. Designed by H. Thomas O'Hara Architects with interiors by Andres Escobar and developed by Chay & Chay LLC, the building presents an asymmetrical light-red-brick façade over a two-story stone base, with bay windows down the center of the elevation and balconies concentrated on the east side. The single condominium spans 119–121 East 23rd Street and is marketed under both street numbers.
The location is the story. The building sits steps from Madison Square Park and Eataly, with the 6 train at Park Avenue South, the N/R at Broadway, and F/M service close by. It is a full-service, contemporary building in a corridor otherwise dominated by pre-war and post-war stock — a design-forward alternative for buyers who want newer construction, in-unit laundry, and private outdoor space on many lines.
For buyers, Crossing 23rd combines 2005 new-construction finishes, a genuine amenity set, and an explicitly investor-friendly policy framework in one of downtown's most walkable corridors.
Architecture and unit composition
The 95 residences distribute across 21 stories. Apartments run from studios through three-bedrooms, topped by penthouse residences with private rooftop terraces — including a duplex penthouse on the upper floors with skyline views toward the Chrysler Building, One Vanderbilt, and the Flatiron Building. Interiors from the 2005 delivery feature Brazilian cherry floors, floor-to-ceiling windows, and granite kitchens with cherry cabinetry; many apartments include in-unit washer/dryers, and a number carry private balconies or terraces.
Bay windows along the center of the façade give many apartments added light and dimension, and the east-side balcony lines provide the building's private outdoor space.
Building operations
Crossing 23rd operates as a full-service condominium: 24-hour doorman, concierge, a live-in resident manager, a fitness center, a resident lounge opening to a landscaped rooftop terrace, a central laundry room, a bicycle room, and resident storage. There is no on-site parking garage. Common charges and property taxes reflect a full-service contemporary building; buyers should model the full monthly carry and review reserves and any capital history during due diligence, as is prudent for any condominium now two decades into occupancy.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $883/yr
- Per unit / month range
- $0 – $1
- Modeled exposure split equally across 93 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified 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. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
As a condominium, Crossing 23rd prices on a price-per-square-foot basis, and its position in the corridor reflects the building's newer construction and its Flatiron–Gramercy location. Within the building, floor, exposure, outdoor space, view, and condition drive pricing more than any building average; the penthouse and upper-floor terraced residences command the premiums.
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 |
|---|---|---|---|---|---|
| Jun 30, 2026 | 14C | 3 BR · 3 BA · 1,559 sf | $2,250,000 | $1,443/sf | -7.2% |
| May 15, 2026 | 4D | 2 BR · 2 BA · 1,198 sf | $1,700,000 | $1,419/sf | -10.3% |
| May 6, 2026 | 16C | 3 BR · 3 BA · 1,556 sf | $1,900,000 | $1,221/sf | -4.8% |
| Oct 24, 2025 | 6E | 1 BR · 1 BA · 657 sf | $928,000 | $1,412/sf | off-mkt |
| Jan 15, 2025 | 4H | 1 BR · 1 BA · 536 sf | $799,000 | $1,491/sf | +0.0% |
| Nov 15, 2024 | 20C | 1 BR · 1 BA · 724 sf | $1,020,000 | $1,409/sf | +0.0% |
| Jun 21, 2023 | 2B | 1 BA · 488 sf | $595,000 | $1,219/sf | -0.8% |
| May 25, 2023 | 10A | 2 BR · 2 BA · 1,000 sf | $1,780,000 | $1,780/sf | +0.0% |
Market read. Most recent trades (2026) cleared a median $1,443/sf (floor-adjusted) across 3 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 1.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 1-00879-7501). 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 Crossing 23rd, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 5 | $3,550 |
| 1 bedroom | 7 | $4,495 |
| 2 bedroom | 5 | $8,000 |
| 3 bedroom | 2 | $11,500 |
19 closed leases, October 2023 to September 2026. Most recent lease May 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $1.7M (6 sales since 2024), a buyer putting 25% down would pay about $70,864 to close, or 4.2% of the price.
- Mansion tax: $17,000
- Mortgage recording tax: $24,544
- Title insurance: $7,650
- Attorneys, lender, building fees, reserves and filings: $21,670
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
Outdoor space and floor drive value. The east-side balcony lines and the upper-floor terraced residences carry the premium. Confirm exactly what a given apartment's outdoor space and exposure deliver.
The building is investor-friendly. Subletting is permitted and pied-à-terre use is allowed — a differentiator for buyers who value flexibility. Confirm current terms.
Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.
Confirm the address on file. The building spans 119–121 East 23rd Street and is listed under both numbers; make sure your paperwork references the correct unit and entity.
Mansion tax thresholds apply. At this building's pricing, the $1M and higher cliffs can be in play. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Lead with the location and the finishes. The Madison Square Park proximity, 2005 construction, and in-unit laundry are the headline for the buyer pool.
Present the outdoor space. For balconied and terraced lines, photography and staging that read the outdoor space well support price.
Price per square foot against the right comps. Comparable analysis should weight floor, exposure, outdoor space, and condition — and account for the investor-friendly policy framework in the buyer pool it attracts.
Comparable buildings
More Flatiron buildings
- 73 Fifth Avenue (The Kensington) — 1907 co-op
- The Folio House, 105 Fifth Avenue — co-op
- 108 Fifth Avenue — 1986 condominium
- 120 Central Park South (The Berkeley House) — 1941 co-op
- The Camera Building, 122–124 East 25th Street — 1907 condominium
- 129 Fifth Avenue — 1905 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
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.
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