- Year built
- 1834
- Type
- Cooperative
- Landmark
- Designated
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $699K
- Recent range
- $560K – $1.5M
- Listing discount
- 6.2%
- Recorded transfers
- 48
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A Private Pricing Opinion — what your apartment at 162 Ninth Avenue 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 corner house at 162 Ninth Avenue is one of the early buildings of residential Chelsea. It was built in 1834 for James N. Wells, a central figure in the neighborhood's development, and he lived there from 1842 to 1854. Its Greek Revival entrance still gives the former house a distinct presence at West 20th Street.
Today the address is one entrance within a four-building cooperative. The combined tax lot contains thirty-five residences, while the corner building has thirteen apartments. That distinction matters to the ownership structure: the house a buyer enters is part of a larger corporation with several buildings to maintain.
The apartments range from compact studios and one-bedrooms to larger combinations. Some face Ninth Avenue or the corner; others overlook interior garden space. The small-building circulation remains, with stairs serving the upper floors.
Architecture and unit composition
The entrance is framed by freestanding fluted Doric columns and an entablature. Pedimented window lintels carry the Greek Revival treatment across the façade. When the house gained another story, the earlier lintel design was repeated above. LPC identified the house's design as influential enough to be referenced in a contemporary covenant governing nearby construction.
The red-brick structure has undergone substantial adaptation from its original single-house use. Apartment subdivisions introduced smaller layouts within the former rooms, and later combinations created larger homes. Decorative fireplaces and wood floors remain in selected apartments.
Compact homes in the resale history include studios of around 450 square feet and one-bedroom layouts around 600 to 675 square feet. Combined apartments can provide multiple bedrooms and bathrooms, with a different internal arrangement from the smaller homes. Some lower apartments look onto or connect with garden areas.
The street and garden exposures produce different outlooks within the same entrance. Corner-facing homes can receive light from more than one direction, while interior-facing rooms depend on the open space between buildings. In-unit washers and dryers are permitted subject to the cooperative's requirements.
Building operations
Capital projects are shared through the corporation, including work on the separate roofs and façades. An assessment at this entrance may therefore fund a project elsewhere on the cooperative's property.
The corner building is a walk-up. Its historic doorway, masonry and window treatment are within the Chelsea Historic District, bringing exterior alterations into the landmark approval process. The cooperative conversion dates to 1982.
Policy framework
Financing: Up to 80% — confirm with the managing agent. Pets: Permitted — confirm with the managing agent. Subletting: Permitted under cooperative rules — confirm with the managing agent. Pied-à-terre purchases: Permitted — confirm with the managing agent. Co-purchasing and guarantors: Permitted — confirm with the managing agent. In-unit washer/dryer: Permitted — confirm with the managing agent.
Recent sales
Recent transfers 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 |
|---|---|---|---|---|---|
| Mar 20, 2026 | 2F | 1 BR · 1 BA · 500 sf | $560,000 | $1,120/sf | -6.7% |
| Jan 14, 2026 | 2AB | 1 BR · 2 BA | $1,185,000 | -6.7% | |
| May 8, 2025 | 3R | 1 BR · 1 BA · 550 sf | $699,000 | $1,271/sf | +0.0% |
| Mar 12, 2025 | 3F | 1 BR · 1 BA · 500 sf | $720,000 | $1,440/sf | -0.7% |
| Jan 14, 2025 | — | 1 BR · 1 BA | $713,000 | -6.1% | |
| Apr 17, 2024 | 1R | 1 BR · 1 BA | $600,000 | -11.1% | |
| Feb 6, 2024 | 4 | 2 BR · 1.5 BA | $1,460,000 | -5.8% | |
| Mar 3, 2022 | 4A | 3 BR · 2 BA | $1,600,000 | -3.0% |
Market read. Most recent trades (2026) cleared a median $1,120/sf across 1 sale. Median listing discount 0.0% from the last ask.
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 1-00743-0080) 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 on co-ops is not officially recorded, figures shown are approximate.
At the recent median sale of $713K (5 transfers since 2024), a buyer putting 25% down would pay about $11,224 to close, or 1.6% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,224
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Comparable buildings
- 340 West 19th Street — A prewar walk-up cooperative with storage, laundry and a fitness room in its amenity program.
- Chelsea Arms — A larger prewar cooperative with elevator service and a resident superintendent.
- 458 West 20th Street — A low-rise cooperative in an older house on the same historic Chelsea streetscape.
- 333 West 22nd Street — A cooperative formed from Greek Revival residential buildings, with a similarly layered conversion history.
- 433 West 24th Street — A three-building cooperative that provides a useful comparison for shared ownership across several entrances.
More Chelsea buildings
- 159 West 24th Street — 1900 condominium
- 160 Seventh Avenue (Kensington House) — 1938 co-op by Emery Roth
- 161 West 16th Street — 1930
- 162 West 22nd Street (The Henry) — 1950 co-op
- 163 West 18th Street (The Slate) — 2006 condominium by Karl Fischer Architects
- Yves Chelsea, 166 West 18th Street — 2008 condominium by Ismael Leyva Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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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