- Year built
- 1927
- Type
- Cooperative
- Units
- About 24
- Floors
- 14
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2004–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,010
- floor-adjusted, 2 sales
- Listing discount
- 1.8%
- Recorded sales
- 28
- On record
- 2004–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 249 West 29th 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.
249 West 29th Street is a 1927 Art Deco loft building on the Chelsea–NoMad seam, converted to a residential cooperative in 1980. Designed by Henry I. Oser, the building originated in the fur and garment trade that defined this stretch of Midtown South in the early 20th century — and its industrial origins are exactly what produce the larger, light-filled loft layouts that draw buyers today.
The architecture is the building's signature. The brick facade carries intricate Art Deco masonry, elegant setbacks, and upper-floor cornices — the decorative vocabulary of late-1920s New York. As a loft conversion, the building offers proportions and ceiling heights that newer construction rarely matches: open spans, generous footprints, and the flexibility that former manufacturing floors allow.
For buyers, 249 West 29th is a self-service-feeling cooperative rather than a white-glove tower. It trades on loft character, prewar masonry, and a central location near the Flatiron, NoMad, and Chelsea cores rather than on a doorman or an amenity package ; compare actual maintenance, debt and assessments before judging its carrying cost.
Architecture and unit composition
The building is a genuine 1927 Art Deco loft structure, and the facade rewards attention: intricate brickwork, period setbacks, and cornices that mark it as a product of its era. Henry I. Oser's design produced the wide, deep floor plates typical of fur- and garment-district buildings, and the conversion turned those into a small collection of loft-scale residences.
With roughly 24 units across its Art Deco-stepped massing, the building is low-density. Apartments tend to be larger, light-filled loft layouts rather than compact flats, with the proportions and ceiling heights that 1920s industrial construction delivered. As with any loft conversion, configurations vary, so the right approach is apartment-level evaluation of footage, light, exposure, and condition.
Building operations
249 West 29th Street operates as a cooperative with a keyed/secured passenger elevator, double-secured entry, a service elevator, a modern intercom system, and a full-time superintendent. There is no full doorman ; the service model alone does not establish lower carrying costs than a full-service building.
As a co-op, purchases are subject to board approval. The building is pet-friendly, and pied-à-terre use is permitted with board approval; financial requirements, sublet policy, and approval standards are governed by the board and house rules. Co-op carrying costs are expressed as monthly maintenance, which bundles operating expenses and the shareholder's portion of any underlying mortgage and property taxes. Maintenance levels, financing requirements, flip-tax provisions, and board approval standards are building-specific and should be confirmed at offer stage. The Roebling Research Library can provide current house rules, recent financial statements, and board materials during due diligence.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Permitted with conditionsCase by case, board discretionSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
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
- Not verified
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
- Maintenance, per room
- $645 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $1.62 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
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
- $19,626/yr
- Per unit / month range
- $0 – $68
- Modeled exposure split equally across 24 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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.
Recent sales
Price-per-room comparisons can help when room counts are reliable and consistent; documented square footage, loft proportions and layout also matter. Recorded closings have spanned a range consistent with a Chelsea–NoMad boutique loft co-op, with light, floor height, exposure, and renovation condition driving the spread between units. Because co-op pricing reflects both the apartment and the building's financial profile, buyers should weigh maintenance levels and the building's balance sheet alongside the purchase price. Price any specific apartment by its room count, loft proportions, exposure, and condition together rather than by a building-wide figure.
Recent transfers 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 |
|---|---|---|---|---|---|
| Dec 30, 2024 | 15 | 2 BR · 1 BA | $1,700,000 | -2.9% | |
| Jun 10, 2024 | 2E | 2 BR · 2 BA · 2,391 sf | $2,270,000 | $949/sf | -5.4% |
| Mar 25, 2024 | 8S | 3 BR · 2 BA · 2,000 sf | $2,312,500 | $1,156/sf | -1.6% |
| Oct 4, 2023 | 4N | 2 BR · 1 BA · 1,400 sf | $1,080,000 | $771/sf | -19.9% |
| Mar 30, 2023 | 3E | 1 BR · 1 BA · 915 sf | $950,000 | $1,038/sf | — |
| Mar 17, 2022 | — | 3 BR · 2 BA | $2,950,000 | +0.0% | |
| Mar 9, 2022 | 12 | 3 BR · 2 BA | $2,825,000 | -4.2% | |
| Jan 14, 2019 | 3W | 1 BR · 1 BA | $985,000 | +0.0% |
Market read. Most recent trades (2024) cleared a median $1,010/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 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.
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 1-00779-0010). 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 on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 249 West 29th Street and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
It's a loft co-op, not a doorman tower. Expect a superintendent and secured elevators. Review the current maintenance and assessments alongside board requirements and application timing.
You're buying Art Deco character and loft proportion. The facade and the 1920s floor plates are the appeal; evaluate the specific unit's footage, light, and condition.
Plan for the board. Purchases require board approval and meeting the building's financial standards; build that into your timeline and package.
Price on rooms, with loft layout in mind. Co-op valuation runs on room count, but loft proportions affect how the space lives and prices.
Model the full carry. Monthly maintenance plus any financing. Run any purchase near a mansion-tax threshold through the Mansion Tax Calculator.
What to know if you’re selling
Lead with the architecture and the space. The Art Deco facade and loft proportions are the headline; the building's intimate scale supports it.
Prepare the buyer for the board. Co-op sales hinge on a qualified buyer who can clear the board; pricing and buyer-vetting strategy matter.
Price by room count and condition. Comparables must match layout and renovation level.
Co-op timelines are longer than condo. Board approval extends the closing process; set expectations accordingly.
Comparable buildings
If you're considering 249 West 29th Street, also evaluate:
- 252 Seventh Avenue — full-service Chelsea condominium nearby
- 101 West 24th Street — Chelsea condominium in the same corridor
- 212 West 18th Street — Chelsea full-service condominium
- 222 West 14th Street — Chelsea condominium with loft-scale character
- 22 West 26th Street — NoMad loft cooperative with comparable prewar character
More Chelsea buildings
- 246 West 17th Street — condominium
- 246 West 18th Street — condominium
- 249 Eighth Avenue (300 West 23rd Street) — 1931 co-op by Emery Roth
- 250 West 15th Street — 1930 co-op
- 250 West 22nd Street — 1920 co-op
- 250 West 27th Street — 1918 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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 249 West 29th 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