Citizen (124 West 23rd Street)
124 West 23rd Street, New York, NY 10011
BBL 1007987507 · BIN 1088888
- Year built
- 2012
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted with conditions; species not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2012–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,522
- floor-adjusted, 2 sales
- Listing discount
- 2.3%
- Recorded sales
- 47
- On record
- 2012–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Citizen 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.
Citizen, at 124 West 23rd Street, is a full-service new-construction condominium completed in 2012 on one of Chelsea's central cross-town corridors between Sixth and Seventh Avenues. Designed by BKSK Architects for developer Anbau Enterprises, it was conceived as a boutique full-service building — 29 residences across sixteen stories — and built to LEED Gold standards, an early example of a green luxury condominium in the neighborhood.
The building's architectural identity is deliberate: a beige glazed-brick and terra-cotta façade with a crafted cornice and lattice-like spandrels, designed to converse with the historic masonry of nearby Chelsea landmarks rather than to read as a generic glass tower. The result is a contemporary building that sits comfortably among its prewar neighbors while delivering a modern amenity package and apartment specification.
For buyers, Citizen offers what much of Chelsea's prewar co-op stock cannot: condominium ownership — a right-of-first-refusal closing rather than a board interview, with leasing by owners permitted (confirm financing, pied-à-terre and entity rules in the bylaws) — paired with a full-time doorman, a fitness center, and a roof deck, all on a central Chelsea block steps from the 1, F and M lines.
Architecture and unit composition
Citizen rises sixteen stories with a masonry-forward façade — glazed brick and terra cotta, a crafted cornice, and lattice-patterned spandrels — that is the building's signature. The 29 residences span one- to three-bedroom layouts, capped by two penthouses, each with large private roof decks of roughly 1,330 to 1,350 square feet. Apartments feature central air conditioning and in-unit washer/dryers. The building's LEED Gold certification reflects its construction systems and envelope performance.
Building operations
Citizen operates as a full-service luxury condominium with a 24-hour doorman and concierge and a live-in resident manager. The amenity roster includes a fitness center, a yoga studio, a resident lounge, a common roof deck, private storage, and a bike room. There is no on-site parking garage. The building is pet-friendly with no documented weight or breed limit. As at any condominium, financing terms and any sublet specifics should be confirmed against current building rules at offer stage.
Application and transaction fees
Fees below are from building management's published schedule, as of September 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
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $120 per applicant | Refundable Not stated |
| Move in fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move out Fee | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Working Capital ContributionRequired | Paid by Buyer | When At closing | Amount Equal to two (2) months common charges | Refundable Not stated |
| Closing fee | Paid by Seller | When At closing | Amount $750 | 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 |
| 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 $1,000 | Refundable Non-refundable |
| Application Processing fee | Paid by Tenant | When With the application | Amount $700 | Refundable Non-refundable |
| Background & Credit Check FeePer applicantRequired | Paid by Tenant | When With the application | Amount $120 per applicant | Refundable Not stated |
| Move in fee | Paid by Tenant | When With the application | Amount $1,000 | Refundable Non-refundable |
| Lease FeeRecurring | Paid by Landlord | When Upon approval | Amount 3% of monthly rent being charged - billed monthly | 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 |
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.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedPet-friendly; no documented weight or breed limitSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
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
- $1,290 per room a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $4.01 per square foot a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.71 per square foot a monthMedian of 14 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $2.29 per square foot a monthMedian of 14 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
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, roof deck, bike storage, storageSource: 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
- $6,061/yr
- Per unit / month range
- $0 – $17
- Modeled exposure split equally across 29 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 October 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 2020–25. 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 October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2023
- Fully taxed from
- FY2024 (2023–24)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2024 runs July 1, 2023 to June 30, 2024. The benefit last appears on the 2023 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Management & transfer contacts
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
- Policies and fees
- Min Down Payment: 10%
Recent sales
Review dated, classified transfers and current listings to assess turnover, availability and absorption; the 29-residence count does not establish them. Compare total prices and reliable interior-area measures alongside floor, exposure, light, outdoor access and renovation level. Assess the two penthouses’ large private roof decks against matched sales before assigning a premium. Pricing is set apartment by apartment, and the relevant comparable is the same line on a nearby floor, adjusted for outdoor space and condition.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Jul 8, 2026 | 4B | 1 BR · 1.5 BA · 980 sf | $1,325,000 | $1,352/sf | -5.4% |
| Feb 12, 2026 | 7B | 2 BR · 1.5 BA · 990 sf | $1,450,000 | $1,465/sf | -3.0% |
| Dec 4, 2025 | PHSponsor Sale | 3 BR · 2.5 BA · 2,025 sf | $3,180,000 | $1,570/sf | -15.2% |
| May 14, 2025 | 6A | 2 BR · 2 BA · 1,324 sf | $2,200,000 | $1,662/sf | +0.0% |
| Apr 4, 2025 | 2A | 4 BR · 3.5 BA · 2,980 sf | $4,150,000 | $1,393/sf | -9.8% |
| Mar 11, 2025 | 15A | 3 BR · 3 BA · 2,025 sf | $2,900,000 | $1,432/sf | -23.7% |
| Oct 15, 2024 | 10A | 2 BR · 2 BA · 1,324 sf | $1,900,000 | $1,435/sf | -4.8% |
| Dec 20, 2023 | 14 | 3 BR · 3 BA · 2,385 sf | $3,750,000 | $1,572/sf | -10.7% |
Market read. Most recent trades (2026 to date) cleared a median $1,522/sf (floor-adjusted) across 2 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 2.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00798-7507; 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 Citizen, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 2 | $6,000 |
| 2 bedroom | 3 | $8,000 |
5 closed leases, October 2023 to September 2026. Most recent lease July 2025. 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 Citizen and nearby.
At the recent median sale of $2.55M (6 sales in the past 24 months, since November 3, 2024), a buyer putting 25% down would pay about $104,896 to close, or 4.1% of the price.
- Mansion tax: $31,875
- Mortgage recording tax: $36,816
- Title insurance: $11,475
- Attorneys, lender, building fees, reserves and filings: $24,730
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 buying case is full-service new construction with condominium ownership: a 24-hour doorman, fitness center, yoga studio, lounge and roof deck inside a condominium with a right-of-first-refusal closing and leasing by owners permitted; confirm financing, pied-à-terre use and trust or entity purchases in the bylaws. The building is LEED Gold and dates from 2012; confirm the systems' current condition in recent engineering reports and board materials.
Diligence should focus on the reserve fund and capital-project history of a boutique full-service building, the building's energy and mechanical systems, and the specifics of any penthouse's private roof deck. Note that there is no on-site garage. Floor, exposure and outdoor access drive value here, so the same line can price quite differently from the lower floors to the penthouse level.
What to know if you’re selling
Sellers lead with the full-service package and the green-building story: a 24-hour doorman, fitness center, lounge and roof deck, LEED Gold construction, and an architecturally distinctive façade — all condominium-owned on a central Chelsea block. Compare the actual financing, leasing and resale requirements with specific cooperative alternatives; ownership form does not establish buyer preference or a market advantage.
Pricing should be benchmarked against the other full-service Chelsea condominiums of the 2010s rather than the boutique loft conversions, with adjustments for floor, exposure, outdoor space, and renovation. Assess current supply and marketing times from competing listings and dated sales; the 29-unit count and preparation do not establish a likely sale outcome.
Comparable buildings
If you're weighing Citizen, these nearby Chelsea properties make a useful comparison set; confirm each ownership structure and purchase process:
- 125 West 22nd Street — full-service boutique condominium with garden
- 136 West 23rd Street — loft conversion on the same block
- 148 West 23rd Street — Chelsea loft-style conversion nearby
- 101 West 24th Street — full-service Chelsea condominium one block north
- 200 West 24th Street — boutique corner condominium nearby
- 212 West 18th Street — larger Chelsea condominium for scale comparison
More Chelsea buildings
- 121 West 19th Street — 1903 condominium
- 121 West 20th Street — condominium
- 124 West 24th Street — condominium
- The Grand Chelsea (124 Eighth Avenue / 270 West 17th Street) — 1988 condominium
- Vision Lofts, 124 West 18th Street — 1920 condominium
- 125 West 21st Street — 2008 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 Citizen?
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