438 West 37th Street
438 West 37th Street, New York, NY 10018
BBL 1007347501 · BIN 1012896
- Year built
- 1915
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Flip tax
- Tiered or formula; see fees
- Doorman
- Part-time doorman
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $933
- floor-adjusted, 3 sales
- Listing discount
- 2.7%
- Recorded sales
- 71
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Glass Farmhouse 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.
438 West 37th Street — The Glass Farmhouse — is one of the original loft conversions on the far West Side, a 1915 commercial building turned into a mixed-use condominium back in 1981, long before Hudson Yards rose a few blocks west. That early conversion date matters: it means the building is a genuine, established loft condominium rather than a recent gut renovation, with the deep floor plates, big windows, and structural character of a true industrial frame. The building is stacked vertically by use — commercial floors at the base, a manufacturing floor, a live/work floor, and residential and professional units above — a configuration typical of the early mixed-use loft pioneers.
For buyers, the appeal is loft authenticity in one of Manhattan's fastest-changing corners. You get converted-loft volume and condominium flexibility, steps from Hudson Yards, the High Line's northern reaches, and the 7 train — a location that has transformed dramatically around a building that has been here all along.
Architecture and unit composition
The building is an early-twentieth-century commercial loft: a thirteen-story masonry structure with the substantial floor plates and oversized windows of its industrial origins. The 1981 conversion organized it as a mixed-use condominium, with the lower floors in commercial and manufacturing use, a live/work floor, and the residential and professional units occupying the upper portion of the building — a stacking that gives the residential homes distance from the street and the loft proportions that buyers seek.
The 52 residences are loft-character homes — open volume, high ceilings, and the light of a deep commercial floor plate — appealing to buyers who want space and flexibility over a carved-up conventional plan. As with any early loft conversion, layouts and finishes vary unit to unit, and the mixed-use character of the building is part of its identity; buyers should review the condominium's bylaws to understand the residential-versus-commercial framework.
Building operations
The Glass Farmhouse operates as a mixed-use condominium. As a condominium, a residential purchase clears through a right-of-first-refusal rather than a co-op board package and interview; confirm financing, pied-à-terre and ownership-entity rules in the governing documents. Because the building combines residential, live/work, and commercial uses, buyers should review the condominium's bylaws and house rules carefully to understand the use framework, common charges, and any provisions specific to the residential units.
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.
- Terms
- $5000 or 0.5% the sale price whichever is greater
- Paid by
- Seller
Source: building management's published schedule, as of October 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Waiver of 1st Refusal FeeDocument Prep Fee | Paid by Buyer | When With the application | Amount $375.00 both buyer and seller | Refundable Not stated |
| Waiver of 1st Refusal FeeDocument Prep Fee | Paid by Seller | When With the application | Amount 375.00 both buyer and seller | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $2,000 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $2,000 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $550 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Monthly Leasing Fee | Paid by Landlord | When Upon approval | Amount $195 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $2,000 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $2,000 | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $150 | Refundable Non-refundable |
| Monthly Leasing Fee | Paid by Landlord | When Upon approval | Amount $195 | 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.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $739 per room a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.69 per square foot a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $0.83 per square foot a monthMedian of 13 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.05 per square foot a monthMedian of 13 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Part-time doormanSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $42,655/yr
- Per unit / month range
- $0 – $68
- Modeled exposure split equally across 52 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings 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 |
|---|---|---|---|---|---|
| Sep 10, 2026 | 8C | 2 BR · 2 BA · 1,900 sf | $1,950,000 | $1,026/sf | -11.4% |
| Mar 20, 2026 | 11B | 1,894 sf | $1,300,000 | $686/sf | — |
| Jan 15, 2026 | 12F | 1 BR · 1 BA · 1,540 sf | $1,440,000 | $935/sf | -3.7% |
| May 29, 2025 | 5A | 1 BR · 1 BA · 1,291 sf | $1,150,000 | $891/sf | +0.0% |
| Dec 23, 2024 | 10B | 2 BR · 2 BA · 1,894 sf | $1,800,000 | $950/sf | -5.0% |
| Nov 18, 2024 | 9E | 1,259 sf | $2,799,000 | $2,223/sf | — |
| Jul 30, 2024 | 5D | 2 BR · 1 BA · 1,211 sf | $1,255,000 | $1,036/sf | +0.4% |
| May 10, 2022 | 11C | 2 BR · 2 BA · 1,882 sf | $2,100,000 | $1,116/sf | +0.2% |
Market read. Most recent trades (2026 to date) cleared a median $933/sf (floor-adjusted) across 3 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.7% 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 1-00734-7501; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
Closed rents at The Glass Farmhouse, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 2 | $13,000 |
3 closed leases, October 2023 to September 2026. Most recent lease February 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Glass Farmhouse and nearby.
At the recent median sale of $1.44M (9 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $61,804 to close, or 4.3% of the price.
- Mansion tax: $14,400
- Mortgage recording tax: $20,790
- Title insurance: $6,480
- Attorneys, lender, building fees, reserves and filings: $20,134
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Glass Farmhouse and its market
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What to know if you’re buying
The condominium structure means no co-op board interview; confirm financing, pied-à-terre and entity-ownership rules in the declaration and bylaws. The building's mixed-use character is the thing to understand fully: review the bylaws to know exactly how the residential units sit within the larger condominium and what the common-charge and use framework looks like. Within the residential floors, ceiling height, floor, and light drive value — this is a building you buy for loft volume. The location is the long-term story: Hudson Yards, the High Line, and the 7 train have reshaped the neighborhood around an authentic loft building that predates all of it.
What to know if you’re selling
A resale here markets on loft authenticity — a real 1915 commercial frame with true floor-plate volume — paired with a Hudson Yards-adjacent location that has appreciated dramatically. Benchmark to other West Side and downtown loft conversions, not to ground-up glass towers; the buyer wants character and space. Be clear and confident about the mixed-use structure, which is part of the building's identity and pricing. The condominium closing path is faster than a co-op's, which is itself a selling point to the flexibility-minded loft buyer this building draws.
Comparable buildings
If you're considering 438 West 37th Street, also evaluate these West Side, Chelsea, and Hudson Yards loft and condominium peers:
- 263 Ninth Avenue — The Heywood, a Chelsea loft conversion condominium
- 245 Tenth Avenue — West Chelsea condominium near the High Line
- 212 Ninth Avenue — a full-service 1963 Chelsea co-op
- 177 Ninth Avenue — a 2010 condominium
- 515 West 23rd Street — West Chelsea condominium near the High Line
More Hudson Yards buildings
- Madison Gardens, 408 West 34th Street — 1960 co-op
- 430 West 34th Street (Convention Overlook) — 1963 co-op by H.I. Feldman
- 430 West 37th Street — condominium
- Haddon Hall (433 West 34th Street) — 1930 co-op by Sugarman & Berger
- The Westerley, 441 West 37th Street — 2020 condominium
- 502 Ninth Avenue (38NINE) — 2007 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Hudson Yards — read The Roebling Team Guide to Hudson Yards.
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 The Glass Farmhouse?
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