- Year built
- 1856
- Type
- Cooperative
- Amenities
- Elevator and voice intercom; private gardens in selected homes
- Landmark status
- Not an individual landmark; in the Chelsea Historic District Extension
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted
- Pets
- Pets permitted with conditions; species not stated
- Washer/dryer
- Permitted with conditions
- Maximum financing
- 80% of the purchase price
Every recorded sale at this building, 2000–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Listing discount
- 4.9%
- Recorded transfers
- 15
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 426 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.
426 West 23rd Street is a brownstone house built in 1856 for lumber dealer William Menzies, now divided into ten cooperative residences with an elevator. Its apartments include loftlike upper-floor layouts and a garden duplex at the rear. The combination of elevator access and nineteenth-century house proportions gives the building a distinct place in Chelsea's small-cooperative market.
Architecture and unit composition
The original house has a three-bay facade and a broad cornice carried on six large console brackets. LPC identifies the cornice as original. The high stoop once rose to a parlor-floor entrance; the street's stoops were removed in 1928–29 for a planned widening that never occurred. A 1979 renovation removed the decorative door and window surrounds and introduced painted stone-course lines across the facade.
The apartments vary substantially in plan. Single-level homes include open living and dining rooms and one-bedroom configurations, while the lower rear duplex has interior stairs and a private garden arranged on two levels. French doors connect its living space to a brick patio. Selected interiors retain wood-burning fireplaces, and renovations have introduced open kitchens and laundry equipment.
Upper-floor loft layouts use broad living spaces with fewer internal divisions. The garden accommodation provides a separate outdoor setting behind the street frontage. Apartment combinations and alterations have produced different interior sizes within the original house envelope.
Building operations
The elevator and intercom serve a ten-residence cooperative. Exterior work falls under the Chelsea Historic District Extension's review requirements, including work affecting the surviving cornice, street-facing windows and altered brownstone facade.
The building occupies more floor area than the present R7B residential allowance.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $650 | Refundable Non-refundable |
| Bank Questionnaire Fee | Paid by Buyer | When With the application | Amount $275, Bank or appraisal company may pay for said fee | Refundable Not stated |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $110 for EACH applicant AND occupant over 18. | Refundable Non-refundable |
| Expedited Review FeeConditional | Paid by Buyer | When With the application | Amount $350 if applicable | Refundable Not stated |
| Move-In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Registered Mail Fee | Paid by Buyer | When With the application | Amount $40 | Refundable Non-refundable |
| Resubmission FeeConditional | Paid by Buyer | When With the application | Amount $200 mandatory if application is incomplete | Refundable Not stated |
| Move-Out Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Sublet FeeRecurring | Paid by Shareholder | When With the application | Amount Equal to 15% of the monthly rental fee charged for the entire term of the sublet. | Refundable Not stated |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $550 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Subtenant | When With the application | Amount $110 for EACH applicant AND occupant over 18. | Refundable Non-refundable |
| Expedited Review FeeConditional | Paid by Subtenant | When With the application | Amount $350 if applicable | Refundable Not stated |
| Move-In Fee | Paid by Subtenant | When With the application | Amount $500 | Refundable Non-refundable |
| Resubmission FeeConditional | Paid by Subtenant | When With the application | Amount $200 mandatory if application is incomplete | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: building management's published schedule, as of October 2026
- Guarantors
- PermittedSource: building management's published schedule, as of October 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of October 2026
- Parent buying for an employed child
- Permitted with conditionsOccupier should have income/assets/credit for reviewSource: building management's published schedule, as of October 2026
- Parent buying for a student child
- Not permittedSource: building management's published schedule, as of October 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditions1 year, no more than 2 years. 15% of annual rental fee to co-opSource: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of October 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not stated$100 pet fee per monthSource: building management's published schedule, as of October 2026
- In-unit washer/dryer
- Permitted with conditionsMust be front loading and ventlessSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent transfers at this building, from The Roebling Research Library. 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 |
|---|---|---|---|---|---|
| Jun 2, 2025 | 4FLOFT | 1 BR · 1 BA | $1,360,000 | -2.5% | |
| Aug 20, 2019 | 1R | 2 BR · 2 BA · 1,384 sf | $1,750,000 | $1,264/sf | -20.3% |
| May 17, 2017 | 1F | 1 BR · 1.5 BA · 998 sf | $980,000 | $982/sf | -1.5% |
| Nov 3, 2016 | 4F | 1 BR | $932,500 | -18.9% | |
| Dec 29, 2014 | 4R | 1 BR · 1 BA | $1,125,000 | +0.0% | |
| Dec 5, 2014 | 5R | 2 BR · 2 BA | $2,150,000 | +0.0% | |
| Nov 12, 2014 | 5F | 1 BR · 2 BA · 1,300 sf | $2,100,000 | $1,615/sf | +10.8% |
| Sep 25, 2012 | 4R | 1 BR · 1 BA · 700 sf | $735,000 | $1,050/sf | -8.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $1,264/sf (recorded) across 1 sale. The building has traded as recently as 2025. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 7, 2003 | 3R | $550,000 |
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 1-00720-0060). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 426 West 23rd Street and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 426 West 23rd Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 426 West 23rd Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
Comparable buildings
- 450 West 23rd Street — another mid-nineteenth-century brownstone cooperative on the same street, with walk-up access.
- 419 West 22nd Street — a small Anglo-Italianate house cooperative in the same historic district extension.
- 429 West 22nd Street — a cooperative occupying two historic houses, useful for comparing converted-house layouts.
- 461 West 22nd Street — another paired-house cooperative with a walk-up service model.
- 458 West 20th Street — a historic Chelsea elevator cooperative with a larger apartment inventory.
More Chelsea buildings
- 420 West 23rd Street — 1985 condominium
- 420 West 25th Street — 1912 condominium
- 422 West 20th Street — 1895 condominium by Neville & Bagge
- 428 West 19th Street — 2025 condominium by BKSK Architects
- 428 West 23rd Street — 1855 co-op
- 429 West 22nd Street — 1855 co-op
The neighborhood
For the full corridor — architecture, 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.
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 426 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.
646.939.7375 · c.cohen@compass.com