Condominium · 1986
Lloyd 54
445 West 54th Street, New York, NY 10019
Buildings·Chelsea·Condominium

445 West 54th Street (Lloyd 54)

445 West 54th Street, New York, NY 10019

CorridorChelsea
At a glance
Year built
1986
Type
Condominium
Units
29
Floors
7
Landmark
No
Amenities
Elevator (keyed access), live-in superintendent, central laundry room, bike/storage room, smart video intercom; many units carry in-unit washer/dryer and central air, and select ground-floor units have private garden access
Financing
Condominium framework — verify minimum down against the by-laws at offer stage
The Data Room

Every recorded sale at this building, 2004–2025

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$809
Listing discount
3.4%
Recorded sales
32
On record
2004–2025

Lloyd 54 is Hell's Kitchen ownership at its most straightforward: a 29-unit red-brick condominium of large, family-scaled apartments, built in 1986 on a quiet low-rise block between Ninth and Tenth Avenues. In a neighborhood whose ownership stock runs heavily to walk-ups, small co-ops, and glassy new towers, a boutique elevator condominium of genuine two-bedroom and combined homes — with in-unit laundry and central air standard in much of the building — is a practical, scarce product.

The building is deliberately light on amenities and priced accordingly: no doorman, no gym, no roof deck, a live-in super in place of staff. What it offers is space and location — apartments largely in the 980-to-1,130-square-foot range, minutes from Columbus Circle, the Broadway theaters, and the Ninth Avenue dining corridor, on one of the calmer residential blocks in Clinton. Actor Christian Slater owned a two-bedroom here, a footnote that captures the building's profile: substantial apartments for owner-occupiers rather than an amenity showcase.

For buyers, the thesis is space per dollar in a well-located boutique condo — square footage and layout over service infrastructure.

Architecture and unit composition

The building rises seven stories in red brick, a modest 1980s mid-rise on a roughly 75-by-110-foot lot totaling around 32,000 square feet. The 29 residences run predominantly to two-bedroom, two-bath homes of roughly 980 to 1,130 square feet, with ground-floor garden units, duplex configurations, and at least one combined four-bedroom home spanning two lines. In-unit washer/dryer and central air are common through the building; a smart video intercom controls the keyed elevator access.

Building operations

This is light-service boutique condo ownership: an elevator, a live-in superintendent, a central laundry room, and a bike/storage room — no doorman, no gym, no roof deck, by design. The trade is low fixed cost against a self-service model. Condominium governance at this scale is intimate; 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.

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
Sep 17, 20256C
1,090 sf
$1,000,000$917/sfoff-mkt
Dec 19, 20243A
2 BR · 2 BA · 1,100 sf
$995,000$905/sf-16.7%
Mar 26, 20243D
2 BR · 2 BA · 1,000 sf
$1,100,000$1,100/sf-7.9%
Dec 27, 20231E
2 BR · 2 BA · 1,600 sf
$1,395,000$872/sfoff-mkt
Jul 6, 20231B
1 BR · 1 BA · 750 sf
$790,000$1,053/sf-0.6%
Aug 31, 20221C
2 BR · 2 BA · 1,131 sf
$1,375,000$1,216/sf-1.4%
Jul 18, 20227B
2 BR · 2 BA · 1,077 sf
$1,335,000$1,240/sf-0.7%
May 11, 20211A
2 BR · 2 BA · 1,629 sf
$1,700,000$1,044/sf-2.9%

Market read. Most recent trades (2025) cleared a median $809/sf across 1 sale. Median listing discount 3.4% 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.

1E · 1,600 sf+72%
$810,000 ($498/sf) 2004$750,000 ($469/sf) 2009$1,395,000 ($872/sf) 2023
1C · 1,131 sf+62%
$850,000 ($783/sf) 2004$995,000 ($916/sf) 2014$1,375,000 ($1,216/sf) 2022
7B · 1,077 sf+35%
$988,500 ($997/sf) 2018$1,335,000 ($1,240/sf) 2022
5B · 1,077 sf+31%
$882,000 ($819/sf) 2006$727,500 ($675/sf) 2009$1,155,000 ($1,072/sf) 2014
6A · 1,067 sf+26%
$882,500 ($827/sf) 2005$1,110,000 ($1,040/sf) 2017
View all 32 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 1-01064-7501) 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

Space is the product. The building is built around large two-bedroom and combined homes with in-unit laundry and central air — buyers are paying for square footage and layout, not amenities.

Light-service, low carry. No doorman, gym, or roof deck; a live-in super in place of staff. If the model fits how you live, the carrying-cost math is favorable — run the True Monthly Carrying Cost Calculator against the amenity towers nearby.

The block is quiet Clinton. A low-rise residential stretch between Ninth and Tenth, minutes from the theaters and the Ninth Avenue corridor — walk it at the times you'd use it.

Mansion tax applies at the top of the range. Larger and combined units here cross the $1 million and $2 million thresholds — run the Mansion Tax Calculator at the intended price before offering.

What to know if you’re selling

Market the square footage. Genuine two-bedroom and combined homes with in-unit laundry are the differentiator against the neighborhood's smaller stock and glassy towers — lead with space and layout.

Price the amenity trade honestly. No doorman or gym against low carry; the buyer shopping this block understands the trade, and it converts when priced correctly.

Use line- and floor-specific comps. With 29 units, your own building's line history is the right comp set; adjust for floor, exposure, and garden or duplex configuration.

Comparable buildings

If you're considering 445 West 54th Street, also evaluate:

  • 303 East 57th Street — larger mid-century cooperative across town; a scale-and-value comparison
  • 430 East 58th Street — East Side value-oriented ownership stock
  • The Ninth and Tenth Avenue Hell's Kitchen condo cluster — the closest like-for-like boutique ownership product
  • The West 50s new-development towers near Columbus Circle — the amenity-forward alternative, at a higher carry
  • The Clinton walk-up co-op stock — the lower-cost, no-elevator alternative on the surrounding blocks

The Roebling Team at Lloyd 54

The Roebling Team at Compass works the West Side and the broader Manhattan condo market as a core practice area. We publish this building profile because boutique-condo buyers and sellers deserve building-specific intelligence — format, space, carry structure, and line-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 445 West 54th Street, a 30-minute consultation is the right starting point.

The neighborhood

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

Considering a move at Lloyd 54?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com