Cooperative · 1926
The Broadmoor
315 West 23rd Street, New York, NY 10011
Buildings·Cooperative

315 West 23rd Street

315 West 23rd Street, New York, NY 10011

At a glance
Year built
1926
Type
Cooperative
The Data Room

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
$885
Listing discount
3.7%
Recorded sales
72
On record
2003–2026

The Broadmoor is one of the anchors of central Chelsea — a pre-war cooperative on West 23rd Street that has held its value precisely because it offers what newer buildings cannot: scale. Completed in 1926, the building rises 13 stories with just 75 apartments, and those apartments are known for their loft-like proportions — wide rooms, generous ceiling heights, and the kind of square footage that disappeared from new construction decades ago.

It sits on one of Chelsea's best blocks: West 23rd between Eighth and Ninth, a wide, established corridor that puts the gallery district, the High Line, and the Hudson River parks within an easy walk, with the restaurant-and-retail energy of Eighth Avenue immediately at hand. The building is a short walk from the C/E and 1 trains and the cross-town bus, with Chelsea Market and the Meatpacking District just south.

For buyers, the appeal is a serious pre-war home in a serious building — full-service, well-run, and pet-friendly — at a price point that still rewards space over flash. The Broadmoor is the kind of cooperative that long-tenured Chelsea residents stay in for decades, which tells you most of what you need to know about how it lives.

Architecture and unit composition

The Broadmoor is a product of Chelsea's pre-war apartment boom — a masonry building designed when developers built for permanence and proportion. The brick-and-stone façade reads as solid and unfussy, consistent with the neighborhood's substantial 1920s housing stock.

Inside, the building is prized for its loft-like residences: layouts with broad living rooms, real separation between public and private space, and ceiling heights and window proportions that give the homes an airy, light-filled quality. The 75 apartments span a range from one-bedrooms to larger family layouts, and many retain the gracious bones — entry foyers, beamed ceilings, hardwood floors — that define a well-preserved pre-war co-op. It is a building bought for space and light first.

Building operations

The Broadmoor runs as a full-service cooperative. A full-time doorman staffs the attended lobby, a live-in superintendent manages the property, and residents have access to two common roof decks, a central laundry, common storage, and a bicycle room. The dual roof decks are a genuine amenity — outdoor space with open Chelsea outlooks that many buildings of this vintage lack.

The co-op's rules are accommodating by pre-war standards. The building is pet-friendly, subletting is permitted with board approval, and the co-op allows 80% financing — a meaningful figure that widens the buyer pool relative to the more restrictive boards uptown. Maintenance has historically run reasonably for a full-service building of this scale, supporting the value proposition for space-focused buyers.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

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
Apr 21, 202610F
1 BR · 1 BA · 1,265 sf
$1,120,000$885/sf-4.7%
Jul 21, 20253E
2 BR · 2 BA · 1,141 sf
$1,215,000$1,065/sf-4.7%
Jul 10, 20248E
2 BR · 2 BA · 1,200 sf
$1,625,000$1,354/sf-7.1%
Jul 1, 20248C
2 BR · 2 BA · 1,230 sf
$1,680,000$1,366/sf-3.7%
May 30, 20249D
2 BR · 2 BA · 1,150 sf
$1,595,000$1,387/sf-4.8%
Jun 9, 202212A
2 BR · 1 BA
$1,660,000-0.9%
May 5, 20228D
2 BR · 2 BA
$1,680,000+0.3%
May 5, 20224C
1 BR · 1,050 sf
$1,209,000$1,151/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $885/sf across 1 sale. 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.

9D · 1,200 sf+84%
$869,000 ($724/sf) 2004$1,275,000 ($1,063/sf) 2007$1,595,000 ($1,329/sf) 2024
12F · 1,100 sf+84%
$839,000 ($763/sf) 2004$1,540,000 ($1,400/sf) 2022
5E · 1,225 sf+83%
$900,000 ($735/sf) 2005$1,650,000 ($1,347/sf) 2016
6C · 1,200 sf+69%
$999,000 ($833/sf) 2008$1,625,000 ($1,354/sf) 2013$1,685,000 ($1,404/sf) 2022
6F · 1,200 sf+43%
$1,052,000 ($877/sf) 2010$1,495,000 ($1,246/sf) 2017$1,500,000 ($1,250/sf) 2019

Other recent transfers

DateUnitPrice
Jul 3, 20192B$1,300,000
Jun 26, 201923$1,275,000
May 1, 2008MC$1,285,000
Jul 13, 20072D$1,195,000
May 10, 20079A$1,025,000
Jan 11, 20078F$945,000
View all 72 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 1-00747-0028) 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.

What to know if you’re buying

Buy the space. The reason to own here is the loft-like proportion — the wide living rooms and the square footage that newer Chelsea condos rarely match at a comparable price. Confirm the specific layout, ceiling height, and light, and weigh condition against the value of the bones you're acquiring.

Understand the cooperative terms. The board permits 80% financing, welcomes pets, and allows subletting with approval — a relatively flexible posture for a pre-war co-op. As with any cooperative, a buyer prepares a board package and interview; come prepared and the process is straightforward.

Value the location. West 23rd between Eighth and Ninth is among Chelsea's most established residential blocks, walkable to the High Line, the galleries, the waterfront parks, and two subway lines. Buyers who want a substantial pre-war home in the center of Chelsea will find few peers at this scale.

What to know if you’re selling

Lead with the layouts. The loft-like proportions are the building's defining asset and the feature that separates a Broadmoor home from the smaller, more standardized inventory nearby. Make the space and light the centerpiece of the presentation.

Benchmark to central-Chelsea pre-war co-ops. A resale here belongs against the neighborhood's substantial 1920s cooperatives, where buyers are paying for space and character — not against new-construction condos, which compete on amenities and finish rather than scale. The 80% financing allowance and pet policy broaden the audience.

Present the home to its bones. Pre-war buyers respond to original detail, proportion, and light; a well-prepared apartment that showcases the room sizes and ceiling heights will outperform, particularly given the limited comparable inventory inside a 75-unit building.

Comparable buildings

If you're considering The Broadmoor, these nearby Chelsea buildings are worth evaluating:

The Roebling Team at The Broadmoor

The Roebling Team at Compass specializes in Chelsea, the West Village, and the pre-war cooperative market. We publish this profile because buyers and sellers evaluating a space-driven pre-war co-op deserve building-specific intelligence — how the layouts live, what the board permits, and where the pricing sits against the rest of Chelsea.

If you're weighing a purchase or sale at The Broadmoor, a focused consultation is the right starting point.

Considering a move at The Broadmoor?

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