Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West End Ave $1,665/sf 0%
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Condominium · 2012
Citizen
124 West 23rd Street, New York, NY 10011
Buildings·Chelsea·Condominium

Citizen (124 West 23rd Street)

124 West 23rd Street, New York, NY 10011

Chelsea

BBL 1007987507 · BIN 1088888

DeveloperAnbau
CorridorChelsea
At a glance
Year built
2012
Type
Condominium
Landmark
No
Pets
Pet-friendly; no documented weight or breed limit
The Data Room

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
$1,594
Listing discount
2.3%
Recorded sales
54
On record
2012–2026

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 flexibility — flexible financing, a right-of-first-refusal closing rather than a board interview, and latitude on subletting, pieds-à-terre, and trust or entity purchases — 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.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

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.

Inspection history
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$4,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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.

See the full facade history →

Management & transfer contacts

Managing agent
Sublet policy
Allowed
Pied-à-terre
Allowed
Notable fees
Min Down Payment: 10%
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

With 29 residences, Citizen turns over modestly, and inventory is thin and well absorbed. As a condominium, the building prices on a price-per-square-foot basis, scaling with floor, exposure, light, outdoor access, and renovation level — the two penthouses with large private roof decks sit at the top of the range. Recent resales have averaged roughly $1,560–$1,570 per square foot; within a recent window, closed sales have ranged from about $1.9 million for a two-bedroom up to roughly $4.15 million for a three-bedroom. The building's live sales record is the right reference for a unit-level read, and we are glad to walk through it.

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jul 8, 20264B
1 BR · 1.5 BA · 980 sf
$1,325,000$1,352/sf-5.4%
Feb 12, 20267B
2 BR · 1.5 BA · 990 sf
$1,450,000$1,465/sf-3.0%
Dec 4, 2025PHSponsor Sale
3 BR · 2.5 BA · 2,025 sf
$3,180,000$1,570/sf-15.2%
May 14, 20256A
2 BR · 2 BA · 1,324 sf
$2,200,000$1,662/sf+0.0%
Apr 4, 20252A
4 BR · 3.5 BA · 2,980 sf
$4,150,000$1,393/sf-9.8%
Mar 11, 202515A
3 BR · 3 BA · 2,025 sf
$2,900,000$1,432/sf-23.7%
Oct 15, 202410A
2 BR · 2 BA · 1,324 sf
$1,900,000$1,435/sf-4.8%
Dec 20, 202314
3 BR · 3 BA · 2,385 sf
$3,750,000$1,572/sf-10.7%

Market read. Most recent trades (2026) cleared a median $1,594/sf across 2 sales. 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.

3C · 548 sf+39%
$694,956 ($1,268/sf) 2012$968,000 ($1,766/sf) 2022
4C · 548 sf+36%
$748,414 ($1,366/sf) 2012$1,015,000 ($1,852/sf) 2016
6A · 1,324 sf+18%
$1,861,836 ($1,406/sf) 2012$2,200,000 ($1,662/sf) 2025
7B · 990 sf+10%
$1,318,634 ($1,332/sf) 2012$1,318,633 ($1,332/sf) 2012$1,450,000 ($1,465/sf) 2026
9B · 1,530 sf+3%
$2,600,000 ($1,699/sf) 2013$2,670,000 ($1,745/sf) 2022
View all 54 recorded sales, sortable

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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

What to know if you’re buying

The buying case is full-service new construction with condominium flexibility: a 24-hour doorman, fitness center, yoga studio, lounge and roof deck inside a building that offers flexible financing, a right-of-first-refusal closing, and the freedom to sublet, hold as a pied-à-terre, or purchase through a trust or entity. The LEED Gold construction and 2012 vintage mean modern systems and lower long-run operating friction than older stock.

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. In a corridor where buyers prefer condominium ownership for its financing and resale freedom, that combination is a strong advantage over the co-op competition.

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. Because resale supply is naturally limited by the 29-unit count, a well-prepared, accurately priced listing tends to find its buyer.

Comparable buildings

If you're weighing Citizen, these nearby Chelsea condominium buildings make a useful comparison set:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

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.