Cooperative · 1899
The Arcadia
240 West 23rd Street, New York, NY 10011
Buildings·Chelsea·Cooperative

240 West 23rd Street (The Arcadia)

240 West 23rd Street, New York, NY 10011

CorridorChelsea
At a glance
Year built
1899
Type
Cooperative
Units
18
Floors
8
The Data Room

Every recorded sale at this building, 2004–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,468
Listing discount
1.8%
Recorded sales
21
On record
2004–2026

The Arcadia is a loft cooperative occupying one of Chelsea's most characterful facades — a Renaissance-inspired loft-and-store building completed in 1899 to the designs of C.P.H. Gilbert, one of the era's leading mansion and commercial architects. The facade is the building's signature: full-relief rams' heads on the second-floor piers, grimacing carved faces at the cornice, bearded-men figures above the sixth floor, and garlands and engaged columns throughout.

Built for the Cushman family and originally home to office-equipment manufacturing and a colorful run of commercial tenants, the building was converted to a residential cooperative — The Arcadia — in 1984. The result is a boutique co-op of loft-scaled apartments, including duplex and triplex penthouses, on a prime Chelsea block between Seventh and Eighth Avenues.

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jun 16, 2026PHC
2 BR · 2 BA · 1,700 sf
$2,495,000$1,468/sf+10.9%
May 19, 20255A
2 BR · 1 BA · 1,200 sf
$1,315,000$1,096/sf-5.7%
Nov 4, 2024PH7B
2 BR · 3 BA
$2,249,000-16.2%
Apr 30, 20246C
2 BR · 1 BA · 915 sf
$1,250,000$1,366/sfoff-mkt
Feb 18, 20223B
2 BR · 2 BA
$1,722,600-1.6%
Jan 7, 20224A
2 BR · 1,160 sf
$1,477,000$1,273/sf-1.2%
Jul 20, 2018PH7C
3 BR · 1,650 sf
$2,425,000$1,470/sf-13.4%
Jan 29, 2016PH7D
3 BR · 1,800 sf
$2,200,000$1,222/sf-16.9%

Market read. Most recent trades (2026) cleared a median $1,468/sf across 1 sale. Median listing discount 1.8% 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.

PH7B+51%
$1,485,000 ($940/sf) 2007$1,741,000 ($1,102/sf) 2009$1,975,000 ($1,250/sf) 2012$2,249,000 2024
4A · 1,160 sf+51%
$980,000 ($754/sf) 2004$1,477,000 ($1,273/sf) 2022
1B · 1,350 sf+12%
$956,250 ($708/sf) 2011$1,075,000 ($796/sf) 2013
3A+8%
$1,050,000 2007$1,132,500 2011

Other recent transfers

DateUnitPrice
May 30, 20134C$650,000
Dec 26, 20073A$1,050,000
Nov 20, 20077D$962,500
View all 21 recorded transfers, sortable

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 1-00772-0067) 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.

Comparable buildings

The Roebling Team at The Arcadia

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com