- Year built
- 1911
- Type
- Condominium
Every recorded sale at this building, 2003–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,326
- Listing discount
- 3.4%
- Recorded sales
- 58
- On record
- 2003–2025
Chelsea Atelier is a textbook example of the loft-to-condominium conversion that remade Chelsea. The building rose in 1911 as a twelve-story commercial loft on Seventh Avenue between West 24th and 25th Streets, designed by Squires & Wynkoop in the substantial masonry idiom of the era's manufacturing district. In the mid-1990s Harry Macklowe converted it to 33 residential condominiums, preserving the generous bones — high ceilings, deep floor plates, oversized windows — while delivering modern systems. The combination has aged well: a true pre-war loft envelope, condominium ownership, and a Chelsea location with Whole Foods across the street and the 1 train at the corner.
For buyers, the building offers genuine loft scale in a boutique, full-service condominium — a profile that is scarcer in Chelsea than the volume of new glass towers might suggest, and one that holds value precisely because it can't be replicated.
Architecture and unit composition
The exterior is the original 1911 commercial loft: brick and stone, large industrial-scale windows, the solid massing of a building put up to hold weight. Inside, the conversion created 33 residences with the proportions the loft frame allows — high ceilings, broad windows, open layouts. Sponsor and subsequent renovations brought the homes to a high contemporary finish; many have washer/dryers in residence. The result is loft living with a full-service building wrapped around it, in a thirty-three-unit condominium intimate enough to feel like a small community.
Building operations
Chelsea Atelier runs as a full-service condominium with a full-time doorman and an on-site superintendent. The building offers a common roof deck, a bike room, resident storage, and on-site laundry. Washer/dryers are permitted in residence and pets are allowed. As a condominium, financing is flexible and purchases clear through a right-of-first-refusal rather than a co-op board package and interview — the lighter ownership structure that draws many buyers to a converted loft in the first place.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $1,554/yr
- Per unit / month range
- $0 – $4
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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.
See the full facade history →Management & transfer contacts
Recent sales
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 12, 2024 | 9A | 2 BR · 2.5 BA · 2,002 sf | $2,935,000 | $1,466/sf | +0.0% |
| Oct 25, 2024 | 5A | 2 BR · 2.5 BA · 2,002 sf | $2,650,000 | $1,324/sf | -5.4% |
| Jan 5, 2024 | 7A | 2 BR · 2.5 BA · 2,002 sf | $2,487,500 | $1,243/sf | off-mkt |
| Sep 27, 2022 | 4B | 3 BR · 3 BA · 2,258 sf | $3,695,000 | $1,636/sf | +0.0% |
| Mar 14, 2022 | 5B | 3 BR · 2.5 BA · 2,258 sf | $2,745,000 | $1,216/sf | -16.8% |
| Nov 12, 2021 | PHBC | 3 BR · 2.5 BA · 3,900 sf | $6,250,000 | $1,603/sf | off-mkt |
| Nov 12, 2021 | 12B | 2,216 sf | $6,250,000 | $2,820/sf | off-mkt |
| Nov 4, 2021 | 6B | 3 BR · 2.5 BA · 2,258 sf | $2,909,500 | $1,289/sf | -10.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,326/sf across 3 sales. The building has traded as recently as 2025. Median listing discount 3.4% 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 1-00800-7501) 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 from recorded condo declarations and offering plans.
What to know if you’re buying
As a condominium, the purchase path is the lighter one — a right-of-first-refusal in place of a co-op board, flexible financing, and the customary openness to pied-à-terre, trust, LLC, and investment ownership. Subletting is freer than at a Chelsea co-op. The key here is the home itself: ceiling height, exposure, window line, and the depth and quality of the individual renovation, since a converted loft's value lives in its specifics. We help buyers read the offering plan and financials, evaluate the condition and layout of a given loft, weigh common charges and taxes, and benchmark against Chelsea's pre-war loft-condominium set.
What to know if you’re selling
The selling story writes itself: an authentic 1911 loft building, converted by a marquee developer, operating as a full-service condominium in the heart of Chelsea. Pre-war loft scale plus condominium flexibility is a durable differentiator against the neighborhood's newer, smaller-windowed product. Closing mechanics are condominium-standard — a right-of-first-refusal and a faster, more predictable timeline than a co-op process. With only 33 homes and light turnover, a well-renovated loft benefits from scarcity within the building; pricing belongs against the comparable loft-condominium set, with the renovation quality carrying real weight in the number.
Comparable buildings
If you're considering Chelsea Atelier, also evaluate nearby Chelsea condominium inventory:
- 140 West 22nd Street — 1911 loft-conversion condominium nearby
- 125 West 21st Street — a 52-residence full-service Chelsea condominium
- 153 West 21st Street — a LEED Gold Chelsea condominium
- 252 Seventh Avenue — full-service Seventh Avenue condominium
- 133 West 22nd Street — Chelsea condominium a few blocks south
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
Considering a move at Chelsea Atelier?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Chelsea Atelier 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.