
234 East 23rd Street
234 East 23rd Street, New York, NY 10010
BBL 1009037504 · BIN 1089843
- Year built
- 2015
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2013–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,687
- floor-adjusted, 2 sales
- Listing discount
- -0.5%
- Recorded sales
- 87
- On record
- 2013–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 234 East 23rd Street 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.
234 East 23rd Street is a 20-story condominium that brought new construction to a Gramercy block long defined by older, smaller-scale buildings. Developed by Naftali Group and designed by Hill West Architects, it takes a deliberately contextual approach: rather than a glass curtain wall, the building wears a brick facade that reads like a contemporary reinterpretation of a SoHo-style warehouse, sitting comfortably among the neighborhood's masonry stock while delivering everything new construction provides behind it.
The building's reception made its case quickly — it sold out in less than six months, a signal of how much appetite there was for modern, full-amenity condominium product in Gramercy. With 56 one- to three-bedroom residences and interiors by Rottet Studio designed to carry the refined feel of a boutique hotel, it is positioned squarely at buyers who want contemporary finishes and a real amenity package in a neighborhood where most of the stock is older and frequently co-op.
For buyers, the appeal is a condominium completed in 2016, with modern layouts and an established amenity program, a short walk from both Gramercy Park and Madison Square Park. Confirm the specific apartment's current condition and transaction terms.
Architecture and residences
Hill West's design is the building's calling card: a contextual brick tower that evokes a historic warehouse with a contemporary twist, scaled and detailed to belong on its block rather than dominate it. The masonry facade and regular window grid give it a warmth and permanence that glass towers of the same era often lack.
Inside, the 56 residences run from one to three bedrooms, with interiors by Rottet Studio bringing a boutique-hotel sensibility — warm materials, considered detailing, and a refined, hospitality-grade finish program. Contemporary ceiling heights, oversized windows, open kitchens, and modern mechanical systems with in-unit laundry are standard. Layouts favor open living and entertaining, and the higher floors capture the longer Gramercy and Midtown light.
Amenities and lifestyle
For a building of this size, the amenity program is generous and well-considered: a private concierge, a well-appointed fitness center, a residents' library complete with a billiards table, a landscaped garden, and a rooftop lounge outfitted with a grill and outdoor kitchen for entertaining, plus private storage. The mix leans toward social and outdoor space — a deliberate fit for the building's design ethos.
The location supplies the rest. The building sits between Gramercy Park to the south and Madison Square Park to the north, with the Flatiron, Union Square, and Kips Bay dining-and-retail districts all within an easy walk. The 6 train at 23rd Street and the broader downtown transit network put the rest of the city within a short ride, and the gated calm of Gramercy and the green of Madison Square are both close at hand.
Ownership and what buyers should know
As a condominium, 234 East 23rd Street has no co-op admissions board; a purchase clears the condominium's right-of-first-refusal rather than a co-op board package and interview. Confirm financing, subletting, and pied-à-terre, trust, LLC and investor purchase rules in the current declaration and bylaws. For buyers who want a modern Gramercy home without a co-op board, the building is purpose-built for it.
Pricing sits in the new-construction Gramercy condominium tier, with the larger and higher-floor homes commanding the top of the range; comparable analysis belongs against the newest condominium inventory in the area, not the older co-ops. The residences were offered under a condominium plan accepted for filing by the New York State Attorney General. We help buyers read the plan, benchmark the pricing, and structure the deal.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $830 per room a monthMedian of 6 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.35 per square foot a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.46 per square foot a monthMedian of 5 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.91 per square foot a monthMedian of 5 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, garden, 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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $43,815/yr
- Per unit / month range
- $0 – $65
- Modeled exposure split equally across 56 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 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. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
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 31, 2026 | 11A | 1 BR · 1 BA · 733 sf | $1,395,000 | $1,903/sf | -0.4% |
| Jul 29, 2026 | 7C | 2 BR · 2 BA · 1,025 sf | $1,625,000 | $1,585/sf | -4.4% |
| Dec 30, 2025 | 12A | 1 BR · 1 BA · 733 sf | $1,400,000 | $1,910/sf | -6.0% |
| Aug 15, 2025 | 3D | 1 BR · 1 BA · 778 sf | $1,300,000 | $1,671/sf | -11.9% |
| Jul 28, 2025 | 18B | 2 BR · 2 BA · 1,212 sf | $2,750,000 | $2,269/sf | -1.8% |
| Jul 25, 2025 | 9A | 1 BR · 1 BA · 733 sf | $1,275,000 | $1,739/sf | -7.6% |
| Jul 25, 2024 | 8C | 2 BR · 2 BA · 1,025 sf | $1,625,000 | $1,585/sf | -1.5% |
| Jan 25, 2024 | 9B | 2 BR · 1,256 sf | $1,938,000 | $1,543/sf | -2.9% |
Market read. Most recent trades (2026 to date) cleared a median $1,687/sf (floor-adjusted) across 2 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 -0.5% over 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 1-00903-7504; 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.
Closed rents at 234 East 23rd Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $5,975 |
| 2 bedroom | 5 | $8,500 |
9 closed leases, October 2023 to September 2026. Most recent lease December 2025. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 234 East 23rd Street and nearby.
At the recent median sale of $1.4M (6 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $60,262 to close, or 4.3% of the price.
- Mansion tax: $13,975
- Mortgage recording tax: $20,176
- Title insurance: $6,289
- Attorneys, lender, building fees, reserves and filings: $19,822
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re selling
The architecture, the Rottet Studio interiors, and the amenity package are the marketing core. The contextual brick facade, the hospitality-grade finishes, and the rooftop and library amenities are durable differentiators against both the older co-ops nearby and plainer glass condominiums. Benchmark to new-construction Gramercy and Flatiron condominiums. Closing mechanics are condominium-standard — a right-of-first-refusal rather than a co-op board process. The reported launch sellout pace describes its initial marketing period; assess current resale demand from dated sales, marketing times and competing inventory rather than projecting that historical pace forward.
Comparable buildings
If you're considering 234 East 23rd Street, also evaluate nearby Gramercy and Flatiron condominium inventory:
- 150 East 23rd Street — ODA-designed condominium farther west on East 23rd Street
- 250 East 21st Street — newer Gramercy condominium nearby
- 200 East 20th Street — new-construction Gramercy condominium
- 49 East 21st Street — pre-war loft condominium nearby
- 305 East 24th Street — Gramercy building a block north
More Gramercy buildings
- 230 East 18th Street — 1945 co-op
- The Modern at Gramercy Square, 230 East 20th Street — 2016 condominium
- 233 East 17th Street — 1877 condominium by Charles Coolidge Haight
- The Gramercy House (235 East 22nd Street / 381 Second Avenue) — 1931 co-op by George and Edward Blum
- 240 East 15th Street — 1851 condominium
- 250 East 21st Street — 2021 condominium by Isaac & Stern Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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 234 East 23rd Street?
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