22 West 15th Street (Grosvenor House)
22 West 15th Street, New York, NY 10011
BBL 1008167501 · BIN 1015294
- Year built
- 1989
- Type
- Condominium
- Units
- 134
- Floors
- 22
- Landmark
- No
- Pets
- Permitted (dogs subject to a weight limit)
- Subletting
- Permitted under the condominium framework
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,813
- Listing discount
- 0.7%
- Recorded sales
- 141
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Grosvenor House 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.
22 West 15th Street — Grosvenor House — is a full-service postmodern condominium midblock between Fifth and Sixth Avenues, one block from Union Square, at the seam where Flatiron, Union Square, Chelsea, and Greenwich Village meet. Built in 1989 as ground-up new construction on the site of two former loft buildings, it was designed by Schuman, Lichtenstein, Claman & Efron for developers Philip Pilevsky and Alan Friedberg. Because it is a true condominium, apartments are read on a price-per-square-foot basis.
The building is architecturally noted for its solid masonry balconies, which give the facade unusual depth and visual interest relative to the typical metal-grille balconies of its era. It trades as a well-regarded, steadily liquid Flatiron condominium, weighted toward one- and two-bedrooms, with a reputation for low carrying costs and solid financials.
Its appeal is a full-service condominium at one of Manhattan's most connected addresses — steps from the Union Square transit hub and Greenmarket, Whole Foods, and Trader Joe's — with condominium flexibility, generous financing, and a recently renovated amenity set. It sits near but outside the Ladies' Mile Historic District, so it is not landmark-constrained.
Architecture and unit composition
Grosvenor House is a 22-story postmodern tower with a masonry facade distinguished by solid balconies rather than the more common metal railings. It holds approximately 134 residences, configured two to six units per floor, predominantly one- and two-bedrooms, most facing north or south, many with balconies; some units carry fireplaces or double-height ceilings.
As a true condominium, apartments are read on a price-per-square-foot basis, with floor, exposure, outdoor space, and renovation condition as the primary pricing variables. A lobby and hallway renovation was completed in recent years, and the fitness center has been renovated.
Building operations
Grosvenor House operates as a full-service condominium: 24-hour doorman and concierge, live-in superintendent, a renovated fitness center, a landscaped common roof deck noted for panoramic downtown views, central laundry, a bicycle room, and private storage lockers available for rent. Central air serves the building. There is no garage.
Financing is permitted up to 90 percent, generous for the category, and the building is known for comparatively low carrying costs and solid financials. As a condominium, approvals operate on a right-of-first-refusal basis rather than a co-op board's approve-or-reject discretion; pieds-à-terre and parents buying for children are accommodated, and subletting is permissive under the condominium framework. Pets are allowed subject to a dog weight limit. Buyers should confirm the current common-charge and tax schedule, any assessments, the reserve position, and the specific house rules against the offering plan during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $17,662/yr
- Per unit / month range
- $0 – $11
- Modeled exposure split equally across 134 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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 filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Sublet policy
- Allowed; shareholders may sublet immediately
- Pied-à-terre
- Parents buying for employed/student children allowed
- Notable fees
- Waiver of Right of First Refusal Fee $350; dogs up to 40 lbs
Recent sales
Because this is a true condominium, apartments are read on a price-per-square-foot basis. Grosvenor House trades steadily and actively, with a handful of units typically available at any time, primarily one- and two-bedrooms. Pricing is driven by floor, exposure, outdoor space, and renovation condition. The low carrying costs, generous financing, and the Union Square location are consistent demand supports, and larger or high-floor two-bedrooms sit at the top of the building's range.
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 |
|---|---|---|---|---|---|
| Aug 14, 2026 | 11J | 1 BR · 1 BA · 586 sf | $1,130,000 | $1,928/sf | -5.8% |
| Jul 17, 2026 | 5H | 1 BR · 1.5 BA · 840 sf | $1,475,000 | $1,756/sf | -1.3% |
| Jul 13, 2026 | 4E | 1 BR · 1 BA · 649 sf | $1,215,000 | $1,872/sf | -2.8% |
| Feb 27, 2026 | 11B | 1 BR · 1.5 BA · 804 sf | $1,400,000 | $1,741/sf | +3.7% |
| Jan 20, 2026 | 19D | 2 BR · 2 BA · 1,385 sf | $3,145,000 | $2,271/sf | +5.0% |
| Aug 14, 2025 | 10G | 1 BR · 1 BA · 715 sf | $1,275,000 | $1,783/sf | -1.5% |
| Jun 5, 2025 | 8D | 1 BR · 1 BA · 715 sf | $1,340,000 | $1,874/sf | -4.3% |
| Dec 16, 2024 | TW21D | 1,385 sf | $2,540,000 | $1,834/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,813/sf (floor-adjusted) across 5 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 0.7% 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 1-00816-7501). 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 Grosvenor House, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 13 | $5,660 |
| 2 bedroom | 2 | $10,875 |
15 closed leases, October 2023 to September 2026. Most recent lease April 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $1.34M (9 sales since 2024), a buyer putting 25% down would pay about $58,175 to close, or 4.3% of the price.
- Mansion tax: $13,400
- Mortgage recording tax: $19,346
- Title insurance: $6,030
- Attorneys, lender, building fees, reserves and filings: $19,399
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Grosvenor House and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like Grosvenor House. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
The location is the headline. One block from Union Square, at the junction of four neighborhoods, with exceptional transit. This is among the most connected addresses in the market — confirm the specific unit's exposure and light against the midblock setting.
Condominium flexibility with generous financing. Financing to 90 percent is permitted, and the building accommodates pieds-à-terre, parents buying for children, and subletting. Pets are allowed subject to a dog weight limit — confirm the limit if relevant.
Low carrying costs are a genuine feature. The building is known for solid financials and comparatively low common charges. Confirm the current schedule and any assessments.
Confirm carrying costs and reserves. Review common charges, any assessments, the reserve position, and recent capital projects. Model the full monthly carry.
Run the numbers on transfer costs. Run pricing through the Mansion Tax Calculator where applicable.
What to know if you’re selling
Lead with location and carrying costs. The Union Square proximity, the condominium flexibility, and the low common charges are the differentiators. Marketing should foreground the address and the financials.
Balconies and floor are your leverage. Because outdoor space, floor, and exposure drive pricing spread, presentation and view documentation materially affect outcome.
Price per square foot against the right comps. Comparable analysis should weight floor, exposure, outdoor space, and condition, and benchmark against the Flatiron and Union Square condominium set.
Comparable buildings
If you're considering 22 West 15th Street, also evaluate:
- Madison Green — full-amenity condominium at the Flatiron edge
- 45 East 22nd Street — modern Flatiron / Gramercy condominium tower
- 45 Fifth Avenue — pre-war cooperative on lower Fifth Avenue
- Flatiron — the broader corridor's condominium and cooperative mix
- Greenwich Village — the adjacent corridor to the south and west
More Flatiron buildings
- 17 East 17th Street — condominium
- 21 East 22nd Street — 1911 co-op
- 21 West 20th Street — 2015 condominium by Beyer Blinder Belle
- 23 East 22nd Street (One Madison) — 2007 condominium by CetraRuddy Architects
- Infinity Flats, 24 East 21st Street — 1903 condominium
- 26 East 22nd Street — co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
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 Grosvenor House?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.