- Year built
- 1930
- Type
- Cooperative
- Units
- 712
- Floors
- 17
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $427K
- Recent range
- $325K – $870K
- Listing discount
- 3.3%
- Recorded transfers
- 46
London Terrace Towers is Chelsea's only prewar coop trophy — and the full-block 14-building complex was, when completed in 1930, among the largest residential developments in the city. Its signature amenity is the half-Olympic indoor swimming pool, one of the more elegant residential pools in New York. The complex still carries its original Towers/Gardens dual structure: the four corner buildings make up the Towers cooperative (~712 units, converted 1986), while the ten middle buildings remain the Gardens rental. All of it traces to a Henry Mandel / Farrar & Watmough developer-architect pedigree — Mandel leased the site from descendants of Clement Clarke Moore in 1929 and told the New York Times he saw the project as akin to Rockefeller Center: "large-scale projects conserve valuable space."
Architectural histories describe the architects' style as "Tuscan-themed architecture used vertical rows of alternating red and cream-colored brick, terra cotta ornamentation, whimsical carvings and exuberant mosaics."
Management & transfer contacts
- Sublet policy
- Allowed; Sublet Application Fee $425
- Notable fees
- Application Fee $600; Background/Credit $130 per adult; Intercom Programming $150; cats and dogs allowed
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 20, 2026 | 4B | 1 BR · 1 BA | $870,000 | -3.2% | |
| Sep 8, 2025 | 4E | 1 BA | $427,000 | -1.8% | |
| Aug 14, 2025 | 3H | 1 BA | $449,000 | -3.4% | |
| Jun 3, 2025 | 3F | 1 BA · 450 sf | $435,000 | $967/sf | +0.0% |
| May 7, 2025 | 3B | 1 BR · 1 BA | $865,000 | -3.8% | |
| Mar 28, 2024 | 5C | 1 BR · 1 BA | $785,000 | -6.4% | |
| Mar 27, 2024 | 6E | 1 BA · 450 sf | $425,000 | $944/sf | +0.0% |
| Jun 8, 2023 | 3A | 1 BR · 1 BA | $846,000 | -5.9% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $957/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.6% 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 1-00720-0049) 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
The half-Olympic indoor pool is structurally distinguishing among Chelsea cooperatives.
The 80% financing maximum is among the most accommodating in Chelsea.
The 2% buyer/seller-split flip tax is structurally balanced.
The pied-à-terre tolerance is uncommon for a Chelsea cooperative.
The full-block complex and the Towers-vs-Gardens distinction are real institutional context. Verify which Tower the apartment is in.
The Babe Ruth / Sontag / Leibovitz / Harry cultural resident roster supports premium positioning.
Comparable buildings
- Walker Tower (212 West 18th Street) — Walker 1929 / 2014 condo conversion; nearby Chelsea trophy peer
- The Caledonia (450 West 17th Street) — Handel 2008; nearby Chelsea peer
- The Chelsea Mercantile (252 Seventh Avenue) — Gruzen Samton 2000; nearby Chelsea peer
- Lantern House (515 West 18th Street) — Heatherwick 2021; nearby Chelsea trophy peer
- One Madison (23 East 22nd Street) — CetraRuddy 2010; nearby Flatiron trophy peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at London Terrace Towers?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at London Terrace Towers 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.