- Year built
- 1911
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Doorman
- Full-time doorman
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, 2026 to date
- $1,145
- floor-adjusted, 2 sales
- Listing discount
- 3.7%
- Recorded sales
- 60
- On record
- 2003–2026
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.
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 . Compare its space and service with current Chelsea alternatives; these features do not assure resale value.
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, purchases clear through a right-of-first-refusal rather than a co-op board interview — the lighter ownership structure that draws many buyers to a converted loft in the first place. Confirm financing rules in the declaration and bylaws.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Processing FeeConditionalConditions: If applicablePaid to management | Paid by Buyer | When With the application | Amount $200, only if there are three (3) or more applicants | Refundable Non-refundable |
| Application Processing FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $725 (additional $200 if there is more than one co-applicant or financial statement form) | Refundable Non-refundable |
| Closing Document FeePaid to management | Paid by Buyer | When With the application | Amount $400 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant/adult occupant | Refundable Non-refundable |
| Move In FeePaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Move In Service FeePaid to the building | Paid by Buyer | When With the application | Amount Equal to $4000 for A-Line Units; $5000 for B-Line Units; $2000 for C-Line Units | Refundable Non-refundable |
| Waiver FeePaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In DepositPaid to the building | Paid by Buyer | When With the application | Amount $5,000 | Refundable Refundable |
| Move Out DepositPaid to management | Paid by Seller | When With the application | Amount $5,000 | Refundable Refundable |
Rental or lease
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Service FeePaid to the building | Paid by Landlord | When With the application | Amount Equal to $4000 for A-Line Units; $5000 for B-Line Units; $2000 for C-Line Units | Refundable Non-refundable |
| Waiver FeePaid to the building | Paid by Landlord | When With the application | Amount $500 | Refundable Non-refundable |
| Additional Processing FeeConditionalConditions: If applicablePaid to management | Paid by Tenant | When With the application | Amount $200, only if there are three (3) or more applicants | Refundable Non-refundable |
| Application Processing FeeConditionalPaid to management | Paid by Tenant | When With the application | Amount $575 ($200 if there is more than one co-applicant or financial statement form) | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Tenant | When With the application | Amount $150 per applicant/adult occupant | Refundable Non-refundable |
| Move In FeePaid to the building | Paid by Tenant | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out DepositPaid to management | Paid by Landlord | When With the application | Amount $5,000 | Refundable Refundable |
| Move In DepositPaid to the building | Paid by Tenant | When With the application | Amount $5,000 | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Lease Renewal FeePaid to management | Paid by Landlord | When With the application | Amount $225 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- 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.
Monthly carrying charges in recent sales
- Common charges + taxes, per square foot
- $2.83 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.39 per square foot a monthMedian of 3 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.51 per square foot a monthMedian of 3 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: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Roof deck, bike storage, 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
- $18,133/yr
- Per unit / month range
- $0 – $46
- Modeled exposure split equally across 33 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).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
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 6, 2026 | 11BC | 4 BR · 4 BA · 4,220 sf | $6,075,000 | $1,440/sf | -7.9% |
| Jul 16, 2026 | 6C | 1 BR · 1.5 BA · 981 sf | $1,600,000 | $1,631/sf | -5.6% |
| 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 | — |
| 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 | — |
Market read. Most recent trades (2026 to date) cleared a median $1,145/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 3.7% 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 1-00800-7501; 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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At the recent median sale of $3.19M (5 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $135,407 to close, or 4.2% of the price.
- Mansion tax: $47,895
- Mortgage recording tax: $46,099
- Title insurance: $14,368
- Attorneys, lender, building fees, reserves and filings: $27,045
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 buying
As a condominium, the purchase path is the lighter one — a right-of-first-refusal in place of a co-op board. Confirm financing, subletting, and pied-à-terre, trust, LLC and investment ownership rules in the declaration and bylaws. 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 involves the condominium right-of-first-refusal process; confirm application requirements and timing for the transaction. For this 33-home building, price against dated sales and current listings in the comparable loft-condominium set, adjusting for renovation quality and actual availability.
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
More Chelsea buildings
- 236 West 26th Street (The Capitol Building) — 1925 co-op
- 240 West 23rd Street (The Arcadia) — 1899 co-op
- 241 West 19th Street — condominium
- 245 Tenth Avenue — 2007 condominium
- 245 West 14th Street (Village Green West) — 2013 condominium by Kutnicki Bernstein Architects
- 246 West 16th Street (The Grid) — 1920 condominium
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 Chelsea Atelier?
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