Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Flatiron $1,769/sf 3%
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Condominium · 1985
420 West 23rd Street
420 West 23rd Street, New York, NY 10011
Buildings·Chelsea·Condominium

420 West 23rd Street

420 West 23rd Street, New York, NY 10011

Chelsea

BBL 1007207501 · BIN 1012691

At a glance
Year built
1985
Type
Condominium
Units
39
Floors
11
Landmark
No
Pets
Permitted for owners; not permitted for renters, per listing records
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
$1,507
Listing discount
1.1%
Recorded sales
49
On record
2003–2026

West 23rd Street between Ninth and Tenth Avenues is one of Chelsea's signature blocks — the full London Terrace blockfront on the north side, 1850s rowhouses and the Chelsea Historic District Extension threading the south — and 420 West 23rd Street is the block's mid-1980s condominium, a structural rarity in a neighborhood where the surrounding pre-war stock is overwhelmingly cooperative or rental. For buyers who want this specific block with condominium transfer mechanics — no board interview, investor-friendly resale and rental framework subject only to a standard right of first refusal — the building occupies a position with few local substitutes.

The building is documented unusually well for its vintage because the original offering plan is on file in The Roebling Research Library. The sponsor, 420 West 23rd Street Associates, assembled the site through a controlled corporation in December 1982 and delivered a ground-up, poured-concrete building of 39 residential units over a base of 8 professional suites, designed by Wechsler, Grasso, Menziuso Architects. The plan's engineering detail — two gas-fired boilers, separately metered unit electric, concrete balconies at the end bays — describes a straightforward, conservatively built post-war house rather than a glamour project, and that is precisely how it has traded since: as Chelsea's sensible doorman condo, priced inside both the West Chelsea new-development tier and the London Terrace co-op alternative across the street.

What the location buys has appreciated around the building. When it was finished in 1985, West Chelsea was a warehouse district; today the High Line entrance, the gallery district, Chelsea Piers, and Hudson River Park sit within a few minutes' walk, with the C/E at Eighth Avenue and the 1 at Seventh anchoring transit. The block itself remains one of Chelsea's most protected streetscapes — London Terrace's Tuscan-brick wall on one side, landmarked rowhouses on the other — which is the quiet, durable case for the address.

Architecture and unit composition

The building rises 11 stories plus a penthouse level in brick over a reinforced-concrete frame, with roughly 32,000 square feet of residential area across its 39 units — compact, efficient one- and two-bedroom simplexes in the 685-to-1,000-square-foot range, topped by a duplex line, per the offering plan. The end bays on the street facades carry concrete balconies with sliding glass doors, and select units have terraces; upper floors on the north side face London Terrace's towers and gardens, while south exposures look over the lower historic-district roofscape toward downtown. The professional suites at the base — medical and office condominium units — keep the residential lobby separate and the street frontage active.

Building operations

Full-time doorman and concierge service in a 39-unit building is the operational headline — a staffing ratio more typical of larger houses. The amenity set is modest and useful: rooftop sundeck with open Manhattan views, a garden, resident storage, and a cellar laundry room. There is no parking and no amenity floor. Heat and hot water run from two gas-fired central boilers with unit electric separately metered, per the offering plan; cooling is through-wall. The condominium's offering plan and by-laws are on file in The Roebling Research Library and available to clients during diligence.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$7,752/yr
2030–2034 annual penalty
$39,550/yr
Per unit / month range
$17 – $87
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$750 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 →

Management & transfer contacts

Managing agent
Flip tax
1% of gross sales price (buyer)
Notable fees
Condo. Seller transfer fee = 1 month common charges; closing $750; app processing $750; condo lease fee = 1.5 month common charges; estate/trust transfer fee $500 each; pets owners only
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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.

DateUnitApartmentPricePPSFvs. Ask
Jul 6, 20269A
2 BR · 1 BA · 808 sf
$1,358,000$1,681/sf-2.7%
May 6, 20269B
1 BR · 1 BA · 700 sf
$937,500$1,339/sf-1.2%
Jul 10, 20238D
2 BR · 2 BA · 1,045 sf
$1,525,000$1,459/sf-10.0%
Dec 6, 20215D
2 BR · 2 BA · 1,040 sf
$1,625,000$1,563/sf-5.8%
Jul 23, 202111B
1 BR · 1 BA · 654 sf
$833,000$1,274/sf+0.0%
Jun 3, 20216A
1 BR · 1 BA · 808 sf
$975,000$1,207/sf-15.2%
Aug 9, 20196D
2 BR · 2 BA · 1,045 sf
$1,215,000$1,163/sf+1.3%
Sep 28, 20185A
1 BR · 1 BA · 800 sf
$1,275,000$1,594/sf+0.0%

Market read. Most recent trades (2026) cleared a median $1,507/sf across 2 sales. Median listing discount 1.1% 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.

3C · 799 sf+108%
$615,000 ($816/sf) 2004$1,277,000 ($1,598/sf) 2015
6B · 654 sf+75%
$499,000 ($763/sf) 2003$875,000 ($1,338/sf) 2014
5D · 1,040 sf+65%
$985,000 ($895/sf) 2006$1,625,000 ($1,563/sf) 2021
9A · 808 sf+58%
$860,000 ($1,064/sf) 2007$1,358,000 ($1,681/sf) 2026
4A · 844 sf+48%
$850,000 ($1,007/sf) 2006$1,253,750 ($1,485/sf) 2017
View all 49 recorded sales, 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 1-00720-7501) 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

The condo structure is the scarcity. On a block dominated by the London Terrace co-ops and rowhouse stock, this is the doorman condominium: no board interview, conventional financing posture, and a rental framework governed by the by-laws rather than co-op sublet policy. For pied-à-terre buyers, parents buying for adult children, and investors, that is the decision driver — confirm current leasing rules and the renter pet restriction with the managing agent.

Calibrate amenity expectations. This is a service building with a roof deck, not an amenity program. Buyers cross-shopping new West Chelsea product should weigh the staffing ratio and the block against pools and lounges — and the carrying-cost difference. Run the True Monthly Carrying Cost Calculator on the specific unit.

The block is the asset. London Terrace's gardens and protected rowhouses mean the immediate streetscape is about as fixed as Manhattan offers without the building itself being landmarked — and because the parcel sits outside the historic district, your own renovations avoid LPC review.

Verify the fee stack. The 20 percent minimum down convention, any transfer fees, and current building requirements should be confirmed against the by-laws and managing agent at offer stage. The board's right of first refusal is standard but should be timed into your contract calendar.

Professional units shape the base. The medical/office suites at the ground floor are separate condominium units with their own owners; understand the commercial component's share of common charges and any shared-systems obligations during attorney review.

What to know if you’re selling

Market the structural position, not the square footage. The pitch is block-specific: doorman condominium mechanics opposite London Terrace, outside the historic district, minutes from the High Line. Buyers priced out of West Chelsea new development and unwilling to face a co-op board are the natural pool.

Outdoor space is the differentiator. The balcony and terrace lines are the building's premium product in a market where private outdoor space clears fastest — lead with it, and price interior lines to same-line history rather than building averages.

Mansion tax thresholds sit inside the building's range. Much of the building's two-bedroom inventory trades around the $1 million threshold — run the Mansion Tax Calculator at the intended ask and understand how the cliff shapes offers.

Comparable buildings

If you're considering 420 West 23rd Street, also evaluate:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

Considering a move at 420 West 23rd Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 420 West 23rd Street 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.