422 West 20th Street
422 West 20th Street, New York, NY 10011
Chelsea
BBL 1007177504 · BIN 1012591
- Year built
- 1895
- Type
- Condominium
- Units
- 37
- Floors
- 5
- Landmark
- Designated
- Financing
- Standard condominium financing; no board-imposed ceiling documented
- Flip tax
- None documented in the resale requirements or resident materials on file — confirm with the managing agent
Every recorded sale at this building, 2012–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,683
- Listing discount
- 3.7%
- Recorded sales
- 65
- On record
- 2012–2026
Very few Manhattan condominiums sit inside a nineteenth-century seminary's land holdings, and fewer still hand their owners a key to the seminary's garden. 422 West 20th Street does both. The building occupies the three adjoining houses at 420, 422 and 424 West 20th Street, put up in 1895–96 by the builders Egan & Hartley to designs by Neville & Bagge, in Roman brick and limestone, on ground that had held a mansion and gardens built for Charles Keeler around 1836. They stand a few doors east of Cushman Row, the 1839–40 Greek Revival terrace at 406–418 West 20th Street, and directly across from the General Theological Seminary's full-block campus between Ninth and Tenth Avenues.
The Seminary owned the three houses for decades and used them as residential accommodation, including housing for married students. In June 2011 it sold them on a single deed covering all three tax lots to an affiliate of The Brodsky Organization for $16,000,000 (ACRIS) — the second Chelsea transaction between the Seminary and that developer, after the conversion of 177 Ninth Avenue on the campus itself. What followed was a gut renovation: DOB filings from 2011 and 2012 record structural reinforcement at the shafts and floor framing, removal of the metal fire escapes, new boilers, new mechanical and plumbing distribution and a building-wide sprinkler and smoke-detection system, under an Alteration Type 1 that took the dwelling-unit count from 45 to 37 and produced a new certificate of occupancy. The condominium declaration was recorded October 10, 2012, the unit tax lots were mapped that November, and closings began in early December 2012.
The Seminary did not walk away entirely. It retained the ground-floor community facility unit — tax lot 1001 — and still holds it, carrying a partial religious-corporation exemption on it in DOF's exemption records. That continuing institutional interest is the structure behind the building's most distinctive amenity: residents obtain a key fob from the Seminary for access to the Close, the gated garden in the interior of the block opposite. The arrangement is documented in the building's own resident materials, but the fob is issued by the Seminary under the Seminary's rules, not the condominium's — worth confirming rather than assuming. The result is an unusual Chelsea product: thirty-seven homes behind an 1890s masonry front, with a service package sized to a five-story building rather than a tower.
Architecture and unit composition
The three houses read as one composition across the block front — Roman brick above a limestone base, with the classicizing detail LPC files under "Classic Eclectic," the loose late-Victorian manner Neville & Bagge worked in across hundreds of New York permits between the 1890s and the 1910s. The buildings are five stories and carry no elevator penthouse or rooftop addition visible from the street; the roof terrace is a flat common deck. Because the property sits in the Chelsea Historic District, any work visible from the street requires a Landmarks permit, which shapes the pace and cost of window, façade and stoop projects.
Internally the conversion produced a compact and legible stack. The Department of Finance unit records show a garden and parlor level of six residences lettered A, B, D, F, G and H, alongside the Seminary's community facility unit; full floors of eight residences, A through H, on the second, third and fourth floors; and seven on the fifth — thirty-seven in all. There is no B-line-versus-C-line hierarchy of the sort a tower produces; light and outlook are governed instead by whether a home faces West 20th Street and the Seminary block to the north or the mid-block gardens to the south, and by how much of the ceiling height the 1890s floor plates allow.
The condominium's 36,424 square feet of building area over a 10,889-square-foot lot (PLUTO) works out to a low-density building by Chelsea standards — the lot is zoned R7B, and the property is built to roughly 3.35 FAR.
Building operations
The service package is modest and well defined. A lobby attendant is on duty 3 PM to 11 PM seven days a week; outside those hours a virtual doorman system handles the door, announces visitors and takes deliveries into a secured package room. A resident superintendent supervises maintenance and common areas. The fitness center and laundry room are on the cellar level, open daily 6 AM to 11 PM; two storage-locker rooms on the same level are key-fob accessible around the clock, residents supplying their own locks. Bicycles reach the bike room through the basement garage door. Refuse and recycling closets sit on each floor with a compactor chute.
The house rules on file are conventional but specific where it matters to renovators: construction is confined to weekdays, excluding legal holidays, 8 AM to 5 PM; at least 80% of a unit's floor area outside kitchens, pantries, bathrooms, closets and foyers must be carpeted or sound-treated unless the board authorizes otherwise; no through-wall heating, ventilating or air-conditioning device may be installed without prior written board approval, which the by-laws leave to the board's sole discretion; and the roof is off limits other than the common deck. Moves run Monday to Friday, 9 AM to 5 PM, with a $1,000,000 mover's certificate of insurance.
Real estate taxes here are billed directly to each unit owner by the Department of Finance rather than embedded in common charges — the normal condominium arrangement, and the reason a monthly common charge here looks low against a co-op maintenance figure covering the same building. There is no abatement or exemption running on the property to burn off, so the carrying cost a buyer underwrites today is the carrying cost that persists.
Policy framework
Board approval and right of first refusal. Both sales and leases require board approval, and under Article 8 of the by-laws the board holds a right of first refusal exercisable within thirty days of written notice of a bona fide offer. It is a paper process rather than a co-op interview, but not a formality — packages are reviewed, and a unit cannot be sold while the account is in arrears.
Purchase package. The resale requirements on file call for written notice of the bona fide offer, an executed contract of sale on the current REBNY form, a REBNY condominium purchase application and financial statement, and a notification of legal mailing address, in a single original set. A non-refundable review fee and refundable move-in and move-out deposits apply on both sides.
Leasing. A sublease package requires written notice to the board, an executed condominium lease on the current REBNY form, and a credit report and prior tenancy history for the proposed tenant. Non-refundable application fees apply at the initial lease and again on renewal, and no move-in is scheduled until the board approves.
Pets and occupancy. Orderly domestic pets are permitted with written, revocable board consent, no more than two per unit without further consent. Pied-à-terre and investor use are permitted; the by-laws contemplate leasing.
Fee amounts, and any changes the board has made since these documents were issued, should be confirmed with the managing agent at offer stage.
Recent sales
422 West 20th Street prices as a small landmarked Chelsea condominium rather than as a new-development tower. Value inside the building turns on floor, exposure and whether a home has been renovated since the 2012 conversion; the garden and parlor-level residences and the fifth-floor homes sit at the two ends of the range for different reasons. Against the wider Chelsea condominium market, the building's arguments are its scale, its historic-district frontage, the Close, and a carrying cost that is not being propped up by an expiring abatement. Against them run the constraints any five-story landmarked conversion carries: no doorman on duty overnight, a fitness room rather than a full amenity floor, and Landmarks review over any exterior work.
The comparable set is narrow and local — the West 19th and West 20th Street condominiums on the same block and the small conversions on the streets immediately east. Buyers should index pricing to the last complete year rather than to partial-year data, which in a thirty-seven-unit building is thin enough to mislead in either direction. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 28, 2026 | 4H | 2 BR · 1 BA · 906 sf | $1,525,000 | $1,683/sf | -7.6% |
| Sep 3, 2025 | PAR | 919 sf | $1,517,000 | $1,651/sf | off-mkt |
| Mar 29, 2024 | 5H | 2 BR · 1 BA · 906 sf | $1,425,000 | $1,573/sf | -8.1% |
| Dec 21, 2022 | 2D | 2 BR · 1 BA · 785 sf | $1,420,000 | $1,809/sf | -2.1% |
| Dec 8, 2022 | 2G | 2 BR · 1 BA · 910 sf | $1,440,000 | $1,582/sf | -11.4% |
| Sep 16, 2022 | 2H | 2 BR · 1 BA · 910 sf | $1,400,000 | $1,538/sf | -6.6% |
| Aug 26, 2022 | PARLORA | 3 BR · 2 BA · 1,640 sf | $2,515,000 | $1,534/sf | -23.7% |
| Jun 28, 2022 | 5H | 2 BR · 1 BA · 906 sf | $1,644,452 | $1,815/sf | -3.0% |
Market read. Most recent trades (2026) cleared a median $1,683/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.
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 1-00717-7504) 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
Read the by-laws on the right of first refusal. It applies to leases as well as sales, and sets a thirty-day clock that belongs in your contract timeline.
Confirm the Close arrangement in writing. The key-fob access is real and documented in the building's resident materials, but it is administered by the General Theological Seminary under the Seminary's rules, and the Seminary — not the condominium — controls it. Ask the managing agent for the current access procedure.
Check the air-conditioning and alteration path early. Through-wall equipment requires board approval at the board's sole discretion, and anything visible from the street requires a Landmarks permit. Both belong in a renovation budget before contract.
Do not expect an abatement to be doing work in the numbers. There is no J-51 and no 421-a here; what you see in the tax bill is the steady state.
What to know if you’re selling
Lead with the provenance and the garden. An 1895 Neville & Bagge block front in the Chelsea Historic District, converted by a developer with a long record on this campus, with a key to the Seminary's Close — that combination does not repeat in Chelsea.
Price against the block, not the neighborhood average. The nearest true comparables are the other condominiums on this block front and on West 19th Street behind it; broader Chelsea averages are dominated by product this building is not.
Prepare the package before you list, and document what has been renovated. The right of first refusal, the review requirements and the arrears condition are all resolvable in advance. Homes here vary between original 2012 conversion finishes and later work, and buyers pay for the difference when it is evidenced.
Comparable buildings
- 455 West 19th Street — condominium on the same block, immediately behind this property
- 445 West 19th Street — late-1980s condominium on the block's West 19th Street frontage
- 435 West 19th Street — small West Chelsea condominium on the same block
- 458 West 20th Street — prewar cooperative a few doors west on the same block front
- 177 Ninth Avenue — the General Theological Seminary's other Brodsky conversion, on the campus itself
- 121 West 20th Street — Chelsea condominium on the same street, east of Sixth Avenue
- 130 West 20th Street — mid-block Chelsea condominium of comparable scale
- 15 West 20th Street — boutique Chelsea condominium conversion
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
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