Citizen (124 West 23rd Street)
124 West 23rd Street, New York, NY 10011
Chelsea
BBL 1007987507 · BIN 1088888
- Year built
- 2012
- Type
- Condominium
- Landmark
- No
- Pets
- Pet-friendly; no documented weight or breed limit
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
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 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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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).
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 record last verified September 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. Taxes on these units have stepped up toward the full assessed amount, so the low carrying cost this building once carried is no longer available. Price from the current tax bill, and treat any comparable sale made while the abatement was still running as a different asset.
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.
Management & transfer contacts
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
- Notable fees
- Min Down Payment: 10%
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. 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, curated by The Roebling Team research desk. 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) 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.
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:
- 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
The neighborhood
For the full corridor — architecture, schools, 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?
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