251 West 14th Street (The Elisa)
251 West 14th Street, New York, NY 10011
Chelsea
BBL 1007647506 · BIN 1090833
- Year built
- 2024
- Type
- Condominium
- Units
- 25
- Floors
- 11
- Landmark
- No
- Pets
- Condominium house rules govern; confirm the current policy with the managing agent
Every recorded sale at this building, 2024–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,317
- Listing discount
- 3.6%
- Recorded sales
- 24
- On record
- 2024–2026
West 14th Street is a hard street to build well on. It is wide, loud, commercial along most of its length, and it carries the boundary between three neighborhoods that price very differently — Chelsea above it, the West Village below it, the Meatpacking District to its west. Most of what has gone up on it in the last twenty years has answered those conditions with glass and indifference. The Elisa answers them with brick.
The building is the first Manhattan residential commission by Isay Weinfeld, the São Paulo architect whose reputation was built on houses, hotels and cultural buildings in Brazil, and whose work is characterized by heavy materials handled quietly. At 251 West 14th that translates into a red-brick and flecked stone-slab elevation, deep reveals, and windows sized as apertures rather than as curtain wall. The single dramatic move is structural: an upper-portion cantilever, framed in steel, that pushes the top of the building out over the lower mass. It topped out in mid-2021 and it is the reason the building reads from the street as composed rather than extruded. The architect of record on every city filing is H. Thomas O'Hara Architect, which is the office that carried the design through the New York code and permitting process — a design-architect and architect-of-record split that is standard on commissions of this kind and worth knowing when attribution appears inconsistent across sources.
The site history explains the building's shape. Fine Properties New York acquired the parcel and additional air rights in 2016, then closed on an adjoining lot in August 2017, assembling a footprint of roughly 5,000 square feet with 48 feet of 14th Street frontage. Part of what was acquired had been the El Carmelo Residence, a hostel for young women operated by the Carmelite Sisters. An earlier scheme for the site by a different architect proposed eleven apartments; the assembled site supported twenty-five. That is still a small building — a single stair of two to three homes per floor across eleven stories — and the scale is the point. This is boutique ownership on a corridor otherwise dominated by large-format inventory.
The development took nine years from new-building filing to completion, through a construction pause and a $35 million completion loan in early 2023. That timeline is not a defect, but it is a fact, and it shapes the building's market position: The Elisa arrived into a 2024–2025 downtown market that had already repriced, and it sold into that market rather than into the market it was underwritten against. Buyers should read the building's pricing in that light, and so should sellers.
What a buyer gets in exchange is specific. Twenty-five homes, a real façade, full-height windows, in-unit laundry in every residence, a roof terrace and a courtyard-facing fitness room, and a full-time door attendant — at a per-foot level below the flagship Chelsea and West Village new developments a few blocks in any direction, on a block that puts four subway lines within two minutes' walk.
Architecture and unit composition
Eleven stories rise to 120 feet on a mid-block interior lot. The organizing decision is the massing: a lower mass held to the street wall, and an upper portion that cantilevers outward on a steel frame, giving the top floors both additional area and a distinct profile. The façade material — red brick laid against panels of flecked stone slab — is unusual in recent Manhattan construction, where brick has largely receded to the value tier and stone to the trophy tier. Here it is doing compositional work, and the deep window reveals give the elevation shadow at every hour.
The twenty-five residences run one- through three-bedroom on the typical floors, with a four-bedroom penthouse at the top of the stack. With roughly 45,000 gross square feet across eleven floors and twenty-five homes, the average residence is substantial by boutique-condominium standards, and the low unit-per-floor count means most homes take light from more than one exposure. Interiors were delivered with full-height windows, oak flooring, open-plan living areas, European appliance and fixture specification, and washer-dryers in every unit.
Floor and exposure are the dominant value drivers here, more than in most buildings this size. This is a mid-block interior lot on a wide, busy street: lower-floor front-facing homes look at 14th Street and hear it, while the upper floors clear the neighboring roofline and pick up open south and north outlook. Rear-facing homes are materially quieter. The difference between a third-floor front residence and a ninth-floor rear one is not a matter of finish, and it does not appear on a floor plan.
Building operations
The Elisa runs as a lean full-service condominium. There is a full-time door attendant and an attended lobby, a fitness room that opens onto an outdoor courtyard, a landscaped roof terrace, a bicycle room, a common laundry room, and private storage offered for purchase. There is no pool, no garage, and no concierge desk beyond the door attendant.
That configuration is deliberate and it shows up in the monthlies: common charges here sit well below the full-amenity towers on Sixth Avenue and in West Chelsea, and for a buyer who uses a lobby for packages and a gym for thirty minutes a day, the arithmetic favors this building. For a buyer who wants valet parking, a pool and a residents' lounge program, this is the wrong building, and that should be resolved before contract rather than after.
Two operating facts deserve attention in diligence. First, twenty-five residences is a thin denominator for any unplanned capital item — a façade cycle, an elevator modernization, a roof — and the reserve position on a building this young is still being established. Request the current budget and reserve figures. Second, the building carries a small non-residential condominium unit at its base, roughly 500 square feet on the Department of Finance roll. Read the by-laws for its common-charge allocation, voting rights and permitted use.
Policy framework
Ownership form: Condominium. Transfers clear through a right-of-first-refusal waiver rather than a cooperative board approval and interview; 30- to 45-day closings are typical.
Pied-à-terre, subletting, LLC, trust and foreign ownership: All permitted under the standard condominium framework. Minimum lease terms for subletting should be confirmed against the by-laws.
Pets: Governed by the house rules. Not documented in public records; confirm with the managing agent.
In-unit washer/dryer: Permitted and installed in every residence.
Financing: No cooperative-style financing ceiling. Lender terms govern; confirm the condominium's current minimum down requirement with the managing agent.
Flip tax: Not documented in public records. Confirm any resale capital contribution or working-capital charge with the managing agent before setting an ask.
Real estate taxes: No abatement appears on any residential unit lot in the current assessment roll. Underwrite full unabated taxes on the specific unit and run True Monthly Carrying Cost analysis against the current bill rather than against a marketing estimate.
Recent sales
The Elisa is a twenty-five-residence building whose first closings were recorded in 2024, with the balance of the sponsor inventory clearing through 2025 and into 2026. Turnover from here will be episodic rather than steady — in a building this size, one or two homes trading in a year is a normal year, and there will be stretches with nothing available.
Pricing is set by floor, exposure and layout in that order. The building sits in the boutique new-development tier for the Chelsea and West Village seam: below the flagship West Chelsea and Hudson River-facing condominiums on a per-foot basis, above the converted-loft and pre-war cooperative stock on the surrounding side streets. Because same-building comparables are thin by construction, pricing should be anchored to the small-format new-development set within a few blocks — adjusted for the fact that this building's brick-and-stone envelope, cantilever, and Weinfeld authorship give it a design story that most of that set does not have. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, curated by The Roebling Team research desk. 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 |
|---|---|---|---|---|---|
| Feb 19, 2026 | 1ASponsor Sale | 2 BR · 2.5 BA · 1,624 sf | $3,500,000 | $2,155/sf | +0.0% |
| Dec 29, 2025 | 3A | 2 BR · 2.5 BA · 1,475 sf | $2,835,000 | $1,922/sf | -2.1% |
| Dec 8, 2025 | 9B | 3 BR · 3.5 BA · 1,928 sf | $4,999,999 | $2,593/sf | -0.0% |
| Dec 3, 2025 | 6A | 2 BR · 2.5 BA · 1,475 sf | $3,500,000 | $2,373/sf | +4.5% |
| Oct 1, 2025 | 5BSponsor Sale | 1 BR · 1 BA · 1,475 sf | $1,750,000 | $1,186/sf | +0.0% |
| Sep 24, 2025 | 9A | 2 BR · 2.5 BA · 1,563 sf | $4,475,000 | $2,863/sf | -5.8% |
| Sep 22, 2025 | 4B | 1 BR · 1 BA · 784 sf | $1,620,000 | $2,066/sf | -1.8% |
| Sep 10, 2025 | 2A | 2 BR · 2.5 BA · 1,475 sf | $2,550,000 | $1,729/sf | -3.8% |
Market read. Most recent trades (2026) cleared a median $2,317/sf across 1 sale. Median listing discount 3.6% 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 1-00764-7506) 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
Buy the floor and the exposure. On a wide, busy, mid-block site, height and orientation do more work here than in most buildings. Visit the specific residence at rush hour, windows closed and then open.
Correct the record on the year built. City zoning data carries 2018; the building completed in 2024. If a lender, appraiser or insurer is working from the PLUTO field, the discrepancy is worth flagging early, because it affects how comparables and depreciation schedules are drawn.
Underwrite full taxes. There is no abatement on any residential unit lot. The tax line is a real component of carrying cost here and should be modeled from the actual bill.
Twenty-five units is a thin denominator. Ask for the reserve position, the operating budget, and any planned capital work. The building is new enough that its first major envelope cycle is still ahead of it.
No offering plan was located in either document library. The policy stack on this page is drawn from public records and building sources rather than from the plan. Have counsel pull the plan and by-laws and confirm the flip tax, sublet terms and pet rules before contract.
What to know if you’re selling
Lead with the architecture. Isay Weinfeld's first New York residential building, a brick-and-stone façade, and a steel-framed cantilever are concrete differentiators on a corridor where the competing inventory is largely anonymous. That story travels with the unit.
Position against the boutique set, not the towers. The right comparable frame is small-format new development on the Chelsea and West Village seam, adjusted for floor and exposure — not the full-amenity West Chelsea flagships and not the pre-war cooperative stock.
Sell the transit position honestly and precisely. Four subway lines within a two-minute walk, in both directions, is a genuine advantage on this block, and it is the reason the address carries a wide buyer pool.
Be direct about the timeline. Nine years from filing to completion is in the public record and a buyer's counsel will find it. Presenting it as delivered rather than delayed — a completed, occupied, fully closed building with no construction risk left in it — is both accurate and stronger.
Comparable buildings
If you're considering 251 West 14th Street, also evaluate:
- 245 West 14th Street (Village Green West) — the 27-residence condominium a few doors west; the closest peer on the block by size, tenure and vintage
- 101 West 14th Street — 44-residence terraced condominium tower at Sixth Avenue; the larger, more amenity-forward alternative on the same corridor
- 125 West 14th Street (The Sierra) — 275-residence full-service condominium; the volume-and-services alternative two blocks east
- 350 West 14th Street (Village Pointe) — 49-residence condominium at the Meatpacking end of the corridor
- 122 Greenwich Avenue (One Jackson Square) — Kohn Pedersen Fox's 2010 condominium at the West Village seam; the design-led alternative one block south
- 111 West 16th Street — 1920s Chelsea cooperative; the pre-war, co-op alternative with different financing and approval rules
- 100 West 18th Street — boutique 2006 condominium with an iridescent black-brick façade; a comparable material-forward small building
- 121 West 19th Street (The Lion's Head) — 1903 loft conversion; volume and history in place of new construction
- 224 West 18th Street (The Campiello Collection) — 31-residence condominium built around shared interior gardens
- 100 West 15th Street — converted loft cooperative one block north; the value-per-foot alternative
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at The Elisa?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
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A Private Pricing Opinion — what your apartment at The Elisa 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.