- Year built
- 1986
- Type
- Condominium
- Units
- 34
- Floors
- 6
- Landmark
- No
- Amenities
- Virtual doorman, elevator, landscaped roof deck, on-site laundry, package room, and a common garden per building records
- Financing
- Condominium framework applies — verify against the by-laws at offer stage
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
- $944
- Listing discount
- 0.0%
- Recorded sales
- 31
- On record
- 2003–2026
414 West 54th Street — The Abbey — is boutique Hell's Kitchen condominium ownership: 34 residences on a low-rise block between Ninth and Tenth Avenues, built in 1986 and converted to condominium ownership in 1988. In a neighborhood whose stock runs to walk-up rentals, tenement-era co-ops, and a growing band of new high-rise condominiums along Eighth Avenue, a small-count 1980s condominium with a landscaped roof deck, a virtual doorman, and a genuine mix of flats and multi-level residences occupies a distinct niche: ownership at a human scale, on a quiet block, with the format variety — duplex and triplex residences — that a standard flat building cannot offer.
The name warrants a note. "The Abbey" is the building's marketing name; city records describe a 1986 structure, not a converted church or religious building. The name reads as branding, not history — a distinction worth making plainly, since the address invites the assumption.
Location is the anchor. The block sits on the tree-lined stretch of West 54th between Ninth and Tenth Avenues, within walking distance of the Midtown West office core, the Theater District, Columbus Circle, and the West Side's transit spine, with the Chelsea corridor a straightforward walk to the south. For buyers, the thesis is scale plus format: a boutique condominium on a residential block, with the option of a duplex or triplex layout that the neighborhood's larger buildings rarely offer at this price point. The building trades as boutique Hell's Kitchen condo stock — a premium to the neighborhood's walk-up co-ops for the elevator, roof deck, and condo flexibility, a value alternative to the new Eighth Avenue towers for buyers who prefer the low-rise block and the multi-level layouts.
Architecture and unit composition
The building is a boutique 1980s masonry structure on a low-rise Clinton block, rising six floors per city records. The 34 residences run from one- and two-bedroom flats — one-bedrooms in the roughly 650-square-foot range and two-bedrooms above 1,000 square feet with dual exposures per building records — up through multi-level residences, including a penthouse triplex with a private roof terrace and a rare ground-floor duplex opening to a large private patio via an interior stair. Residences carry hardwood floors and the proportions of the building's era, updated unit-by-unit; the mix of flats and duplex/triplex layouts gives the building unusual format variety for its size. The landscaped roof deck carries open city views over the surrounding low-rise blocks.
Building operations
The Abbey operates as a boutique condominium: a virtual doorman rather than staffed lobby coverage, an elevator, a landscaped roof deck, on-site laundry, a package room, and a common garden, with the common-charge budget spread across 34 owners. Buyers coming from full-service buildings should price the trade consciously — low monthly carry and condo flexibility against the absence of a live-in doorman. The offering plan and by-laws should be reviewed carefully during diligence, and we obtain current building documents from the managing agent for clients at offer stage.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $3,940/yr
- Per unit / month range
- $0 – $10
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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 closings 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 |
|---|---|---|---|---|---|
| Jul 9, 2026 | 5D | 1 BR · 1 BA · 660 sf | $650,000 | $985/sf | -7.0% |
| Apr 27, 2026 | 5B | 2 BR · 2 BA · 1,052 sf | $950,000 | $903/sf | -4.5% |
| Apr 24, 2026 | PHE | 2 BR · 2 BA · 1,045 sf | $1,100,000 | $1,053/sf | +1.9% |
| Nov 3, 2025 | 2C | 1 BR · 1 BA · 665 sf | $771,000 | $1,159/sf | +0.3% |
| Aug 11, 2023 | 4E | 1 BR · 1 BA · 700 sf | $750,000 | $1,071/sf | -1.3% |
| Aug 31, 2022 | 2C | 1 BR · 1 BA · 665 sf | $750,000 | $1,128/sf | +0.0% |
| Jun 13, 2022 | 4D | 1 BR · 1 BA · 719 sf | $769,500 | $1,070/sf | -2.0% |
| Nov 10, 2021 | 4A | 655 sf | $803,000 | $1,226/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $944/sf across 2 sales. Median listing discount 0.0% from the last ask.
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 1-01063-7501) 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
Format variety is the differentiator. Flats, a ground-floor duplex, and a penthouse triplex in a 34-unit building is a rare spread. Decide which format you want before you shop — a flat and a triplex here are entirely different products at entirely different prices.
It's a virtual-doorman building. No staffed lobby — the roof deck, the garden, and the condo carry are the trade for a lower monthly cost than full-service alternatives. Run the True Monthly Carrying Cost Calculator against them.
The name is branding, not history. "The Abbey" is a building name; city records describe a 1986 structure. Buy the building on its merits — the block, the format, the roof deck — not the name.
Verify the policy stack. Pet, sublet, and financing specifics are thinly documented publicly. We verify against the offering plan and managing agent during diligence.
Mansion tax applies at the top of the building. Penthouse-tier and multi-level pricing here can cross the $1 million threshold — run the Mansion Tax Calculator at the intended price before offering.
What to know if you’re selling
Market the format, not just the square footage. A duplex or triplex in a boutique condominium is a scarce product on this block. Lead with the layout, the private outdoor space, and the roof deck.
Position against the towers honestly. The value argument versus the new Eighth Avenue condominiums is the low-rise block, the multi-level layouts, and the lower carry — no gym, no full staff, but a quieter, more residential setting.
Use in-building comps by format. With 34 units, same-building trades anchor pricing — but a flat, a duplex, and a triplex are not the same comp. Match the format precisely.
Comparable buildings
If you're considering 414 West 54th Street, also evaluate:
- 421 West 54th Street — ownership stock on the same block
- 445 West 54th Street — West 54th Street condominium comparison toward Tenth Avenue
- 419 West 55th Street — boutique Hell's Kitchen ownership one block north
- 405 West 53rd Street — comparable Clinton condominium format nearby
- 350 West 53rd Street — West Side ownership stock in the same corridor
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
Considering a move at The Abbey?
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 The Abbey 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.