- Year built
- 1910
- Type
- Condominium
- Units
- 5
- Floors
- 6
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Washer/dryer
- Permitted
- Doorman
- Virtual doorman
Every recorded sale at this building, 2008–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2021
- $1,853
- 5 sales
- Listing discount
- 5.8%
- Recorded sales
- 7
- On record
- 2008–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Novum Chelsea 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.
This is a five-apartment building. That is the whole thesis, and everything a buyer needs to understand about it follows from the number.
Eighth Avenue through the West Teens and Twenties is a retail and nightlife spine, and almost all of its residential stock is either prewar tenement walk-ups above stores or large postwar and prewar elevator co-ops. What it has very little of is small, new, full-floor condominium product. 192 Eighth Avenue is that: five floor-through residences stacked over a commercial base, one apartment per floor, each with private outdoor space, in a building small enough that a buyer meets the entire ownership group at the first annual meeting.
The building's history is more interesting than the marketing suggests, and the distinction matters for underwriting. City records show a 1910 structure on this 25-by-100-foot lot, four apartments over a store. In November 2016 the sponsor filed an alteration application — not a new-building application — proposing five dwelling units, and over the following four years the building was rebuilt and enlarged to six stories plus a penthouse. The offering plan was accepted for filing in April 2019, the condominium declaration was recorded in April 2021, and the five residences closed to separate buyers over the balance of that year. The correct description is a substantially reconstructed 1910 building, not ground-up new construction, and an engineer should read the alteration history rather than assume a from-scratch envelope.
The second structural fact is the commercial unit. It holds nearly a third of the common interest — 32.66 percent — a consequence of five apartments sitting over a full-width Eighth Avenue retail space. A single commercial owner with a third of the vote is a real governance feature in a six-unit condominium, and it means a third of shared building costs are carried outside the residential group. Read the declaration's cost-allocation schedule before assuming a common charge is proportional to square footage.
Third: the assessment roll shows no tax exemption for the building. Abatements are applied at the bill level, so check the specific apartment's tax bill; future bills will still change with assessments and rates.
Architecture and unit composition
The building occupies a 25-foot-wide interior lot running 100 feet deep, with the structure built roughly 74 feet back from the avenue. That geometry produces the plan: one apartment per floor, floor-through, with light at both the Eighth Avenue front and the rear. There is no corner and there are no protected side exposures, so the side walls are effectively blind and the entire light budget sits on the two ends — a good trade at this width, since a floor-through in a 25-foot building is a better apartment than two units on the same plate.
The offering plan describes three entrances from Eighth Avenue: one to the residential lobby, elevator and stair; one to the commercial unit; and one to the cellar. A single elevator serves the cellar through the sixth floor and the penthouse. Nine balconies and three roof terraces are distributed as limited common elements across the residences, so private outdoor space is a feature of the whole stack rather than a penthouse-only amenity, and five cellar storage rooms are assigned one per apartment. Full-floor occupancy does not establish identical plans; compare approved layouts, measured areas, floor level, outdoor-space assignments and ceiling heights for each apartment.
Building operations
There is no staffed lobby and the amenity list is short: elevator, private storage, private outdoor space, in-unit laundry, and a virtual-doorman entry system per management-sourced records.
The operating consequence of a six-unit building is concentration. The entry service model does not establish staffing costs, total charges or reserve adequacy; verify those in the current budget and financial statements. A single capital item — facade, roof, elevator, sprinkler system — falls on five residential units and one commercial unit, in shares set by the declaration. Read the current budget, the reserve balance and the minutes, and ask specifically whether the sponsor retains any unit or any continuing rights under the plan.
Policy framework
Ownership form: Condominium. Resales close through a board right of first refusal rather than a cooperative approval.
Pets, pied-à-terre, subletting, LLC, trust and foreign purchasers: Not established by the condominium form; confirm each in the current declaration, bylaws and house rules, including lease minimums and pet limits.
Common charge allocation: Residential owners share 67.34 percent of general building costs and carry 100 percent of certain residential line items; the commercial unit carries 32.66 percent, per the declaration and Schedule A of the offering plan on file.
Flip tax: Not documented in public records. Confirm with the managing agent before pricing a resale.
Real estate taxes: No abatement. Underwrite full unabated taxes on the specific unit against the current bill.
Pets and in-unit washer/dryer
- Pets
- Not verified
- In-unit washer/dryer
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Building staffing and amenities
- Doorman
- Virtual doormanSource: The Roebling Team's building profile
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- 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
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
The profile records five residential sponsor conveyances in 2021; establish subsequent resale activity from dated transactions rather than unit count. Pricing reads against boutique Chelsea condominium product on a dollars-per-square-foot basis, with the floor-through plan and the private outdoor space carrying the premium and the absence of both a doorman and a tax abatement working the other way. Start with comparable small new and converted Chelsea condominiums, and include relevant prewar cooperatives with adjustments for tenure, layout, services and costs. One further point of diligence: Eighth Avenue at 19th and 20th is a working retail and restaurant block with late-evening activity that can affect rooms differently by exposure and sound insulation — visit both front and rear rooms at night. 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 |
|---|---|---|---|---|---|
| Nov 15, 2021 | 5Sponsor Sale | 2 BR · 2 BA · 1,295 sf | $2,400,000 | $1,853/sf | +1.1% |
| Oct 19, 2021 | 4Sponsor Sale | 2 BR · 2 BA · 1,295 sf | $2,376,888 | $1,835/sf | +3.8% |
| Jul 2, 2021 | 2Sponsor Sale | 2 BR · 2 BA · 1,261 sf | $2,350,000 | $1,864/sf | -6.0% |
| Jun 4, 2021 | 3Sponsor Sale | 2 BR · 2 BA · 1,295 sf | $2,125,000 | $1,641/sf | -5.6% |
| May 19, 2021 | PHSponsor Sale | 3 BR · 2.5 BA · 1,587 sf | $3,700,000 | $2,331/sf | -12.9% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,853/sf (recorded) across 5 sales. The building has traded as recently as 2024. Median listing discount 5.8% 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 1-00769-7509; 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.
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Comparable buildings
If you're considering 192 Eighth Avenue, also evaluate:
- 241 West 19th Street — 1100 Architect's 2006–07 boutique condominium on the same tax block; the closest new-construction alternative at similar scale
- 251 West 19th Street — 1910 loft converted to condominium in 2002, same block; the larger converted-loft alternative
- 121 West 19th Street — 1903 masonry loft converted to condominium in 2005; the loft-condominium comparison one block east
- 210 West 19th Street — prewar Art Deco building converted to condominium in 1985; the prewar condominium alternative on the same street
- 160 Seventh Avenue — Emery Roth, 1938, cooperative since 1987; the full-service co-op alternative on the same block
- 249 Eighth Avenue — Emery Roth prewar cooperative on the avenue; the prewar co-op comparison
- 313 Eighth Avenue — 1963 postwar cooperative; the large full-service alternative on Eighth Avenue
- 85 Eighth Avenue — 1973 condop at the foot of the avenue; a different ownership structure worth understanding before choosing
- 124 Eighth Avenue — Eighth Avenue alternative closer to 14th Street
More Chelsea buildings
- Yves Chelsea, 166 West 18th Street — 2008 condominium by Ismael Leyva Architects
- 177 Ninth Avenue — 2010 condop
- 179 Seventh Avenue — 1987 condominium
- 200 Eleventh Avenue (The Sky Garage) — 2010 condominium
- Chelsea Royale (200 West 24th Street) — 2004 condominium
- 201 West 17th Street — 2000 condominium by Kutnicki Bernstein Architects
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 Novum Chelsea?
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