Condominium · 2012
35XV
35 West 15th Street, New York, NY 10011
Buildings·Condominium

35XV

35 West 15th Street, New York, NY 10011

At a glance
Year built
2012
Type
Condominium
Landmark
No

35XV is one of the more architecturally distinctive condominiums to rise in the Flatiron–Union Square corridor in the last generation, and it owes its existence to one of the cleverest deals in modern New York development. Alchemy Properties assembled the air rights of the adjacent Xavier High School and stacked a 55-unit luxury condominium directly above the Jesuit school — a transaction so unusual it took the Real Estate Board of New York's award for the most ingenious deal of the year. The school occupies the granite-clad lower floors; the residences begin roughly a hundred feet above the street, with the building rising as a faceted glass-and-stone tower designed by FXFOWLE.

That stacking arrangement is the building's defining trait and its quiet advantage. Because the residential floors start so high, even the lower apartments read like mid-rise homes, with open light and long views over the low-rise blocks of the Flatiron and Chelsea grid. The architecture — a clean, linear, glass-forward expression set on a heavy stone base — was conceived to add "some real drama" to a neighborhood of cast-iron lofts, and it does.

For buyers, the case is straightforward: a modern condominium in a small, design-led building at the geographic center of downtown's best walking. This is a condominium, so financing is flexible, there is no co-op board, and pied-à-terre and investor ownership are customary.

Architecture and unit composition

The building's silhouette is deliberate: a solid granite plinth — the school — supporting a crystalline residential tower whose facade folds and faceted glazing catch light across the day. FXFOWLE's design pairs floor-to-ceiling windows with a stone-and-glass envelope that gives the building more weight and texture than a plain curtain wall.

The 55 residences span one- to four-bedroom layouts, many with ceiling heights around ten feet and the open, light-filled proportions the elevated base makes possible. Interiors carry a restrained, contemporary finish program with clean detailing throughout. The mix runs from efficient one-bedrooms to large four-bedroom homes near the top, and the upper floors capture the building's best light and skyline exposures.

Building operations

35XV operates as a full-service condominium with a 24-hour doorman, concierge service, and a resident manager. The amenity suite is unusually complete for a 55-unit building: a fitness center that opens onto a 75-foot-wide common outdoor terrace, an entertainment lounge, a private dining room, a wine cellar, a children's playroom, bicycle storage, and private storage units.

As a condominium, the building offers the ownership latitude buyers expect — flexible financing, a right-of-first-refusal in place of a board package, and customary acceptance of pied-à-terre, LLC, trust, and investor purchases. Pets are generally permitted. Common charges and real estate taxes are billed separately, and the building's central Flatiron position keeps every form of downtown transit, dining, and retail within a few blocks.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$63,921/yr
Per unit / month range
$0 – $97
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

An active hazard: the building must keep a sidewalk shed up and make repairs now — expect construction, disruption, and a likely special assessment. We’d get you the repair scope and the building’s funding plan up front, so you go in knowing exactly what’s underway and what it’s likely to cost.

Inspection history
2020–25
Unsafe
2025–30
Due
Next report due
by Feb 2028
On record
$16,570 in filing penalties
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

With just 55 residences, 35XV trades thinly — typically a small handful of resales in a given year across the one- to four-bedroom range. Pricing sits in the upper tier of the Flatiron–Union Square condominium market and is driven by floor, exposure, layout, and renovation, with the higher floors and their open skyline views commanding the strongest figures. Inventory scarcity means a single listing can reset the building's comparable. For current availability and a unit-level read, the live sales record for this address is the place to begin.

What to know if you’re buying

The condominium structure is the headline advantage over the surrounding co-op and loft stock: a right-of-first-refusal rather than a board interview, flexible financing, and no bar to pied-à-terre or investor ownership. Diligence here should focus on floor and exposure — because the residential floors begin so high, light and views improve meaningfully as you rise — and on the layout, since the unit mix ranges widely. Review the building's financials and reserve position; an amenity-rich building this size carries real operating costs. The location is among the most walkable in Manhattan, with the convergence of Flatiron, Union Square, Chelsea, and the Village transit and retail all within easy reach.

What to know if you’re selling

Lead with the building's genuine differentiators: a FXFOWLE-designed glass-and-stone tower, residences elevated a full hundred feet above the street for light and views, a deep amenity package including the 75-foot terrace, and the flexibility of condominium ownership. Benchmark to comparable Flatiron and Union Square new-construction condominiums rather than to neighborhood lofts or co-ops. A resale clears through a right-of-first-refusal on a faster, more predictable timeline than a co-op — itself a point worth making to buyers — and staging to the home's light and skyline exposure plays directly to the building's strength.

Comparable buildings

If you're considering 35XV, also evaluate these Flatiron, Union Square, and nearby downtown peers:

The Roebling Team at 35XV

The Roebling Team at Compass specializes in the Flatiron, Chelsea, and Greenwich Village corridors and the broader downtown condominium market. We publish this profile because buyers and sellers evaluating a design-led building like 35XV deserve building-specific intelligence — the architecture, the elevated floor plates, the amenity program, and where the pricing sits against comparable downtown inventory.

If you're considering a purchase or sale at 35XV, a 30-minute consultation is the right starting point.

Considering a move at 35XV?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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