- Year built
- 1857
- Type
- Condominium
- Floors
- 4
- Landmark status
- Not an individual landmark; in the Chelsea Historic District Extension
- NYC Landmarks Preservation Commission records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted with conditions
- Doorman
- No doorman
468 West 23rd Street (Chelsea Gardens Condominium) sales history: 31 recorded sales
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, 2025
- $957
- floor-adjusted, 1 sale
- Listing discount
- 1.4%
- Recorded sales
- 31
- On record
- 2004–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 468 West 23rd Street (Chelsea Gardens Condominium) 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.
468 West 23rd Street is a structural rarity in Chelsea: condominium ownership inside an 1850s building in a landmarked district, at boutique scale. Most of the neighborhood's rowhouse-era housing stock that organized itself for ownership did so as co-ops, with boards, interviews, and financing limits; this building went the other way, converting to the 11-unit Chelsea Gardens Condominium in the mid-1980s — the offering plan, on file in The Roebling Research Library, was first offered in December 1985 at a total price of $2.86 million for the entire building. Four decades later, that early decision is the product: pre-war volumes and historic-district streetscape with condo transfer mechanics, in a neighborhood where that combination is chronically scarce.
The block is one of Chelsea's best. The building faces the full London Terrace blockfront across West 23rd Street, a 1930 full-block neighbor, and sits within the Chelsea Historic District Extension; light still depends on floor and exposure, and neither fact protects a view. Two blocks west, the High Line's 23rd Street access and the gallery district carry the neighborhood's cultural weight; the Hudson River Park, Chelsea Piers, and Chelsea Market frame the wider grid. The 23rd Street crosstown bus stops at the door, with the C/E at Eighth Avenue and the 1 at Seventh.
The apartments themselves explain the building's following. The mid-1980s conversion produced an unusual stock of duplexes — listing records document ceilings up to roughly 19 feet, a lofted 815-square-foot studio with 15-foot ceilings, and a top-floor duplex with a private 400-square-foot roof terrace and Hudson River sightlines — and successive owner renovations have layered in high-spec kitchens and baths, soundproofed windows, and white-oak floors unit by unit. Listing records describe charges that include heat and water. Compare current charges, taxes, assessments and separately paid utilities with specific alternatives; the service model alone does not establish low total carrying costs.
Architecture and unit composition
The building is a four-story (five, counting the duplexed upper level as listings do) masonry walk-up of roughly 8,400 residential square feet — wide for its block at over 2,000 square feet per floor — holding just 11 homes. The 1857 construction date in city records places it in Chelsea's first great building generation, when the Moore estate's blocks filled in with brick rowhouses; the original architect is not documented in public records, and we do not carry an attribution we cannot verify. The 1980s conversion reorganized the interiors around duplexed sections, which is why the unit stock runs from lofted studios to two-bedroom, two-bath duplexes rather than conventional floor-through plans. North-and-south exposures bring light from 23rd Street and the rear yards; renovation quality varies by unit, from conversion-era condition to full architect renovations, and pricing tracks that spread.
Building operations
This is self-service boutique ownership: no doorman, no amenity floor, a part-time superintendent, video intercom, and a small board of neighbors. Listing records describe heat and water as included in common charges; verify the current amount and inclusions. Recent capital items in listing records — the 2023 boiler and facade repointing — suggest an actively maintained envelope, but the budget, reserves, and any planned assessments are exactly what your attorney should confirm during diligence; in a building this small, each unit's share of any capital project is proportionally meaningful. Exterior work, including anything visible from the street, runs through Landmarks review under the historic-district designation.
Application and transaction fees
Fees below are from building management's published schedule, as of August 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
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount 20.00 per applicant | Refundable Not stated |
| Move in fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Not stated |
Rental or lease
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Tenant | When With the application | Amount $350 | Refundable Not stated |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount 20.00 per applicant | Refundable Not stated |
| Move in fee | Paid by Tenant | When With the application | Amount $1,000 | 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.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Permitted with conditionsSome apartmentsSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- No doormanSource: The Roebling Team's building profile
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- Requires confirmationCity records and our profile differ.
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
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 →Management & transfer contacts
- Policies and fees
- Condo (10 units, brownstone). Buyer app $500; credit $20/applicant; move-in $1,000; lease app $350
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 |
|---|---|---|---|---|---|
| Nov 21, 2025 | 1A | 1 BR · 1 BA · 815 sf | $780,000 | $957/sf | -8.2% |
| Jan 16, 2020 | 4F | 1 BR · 1 BA · 700 sf | $915,000 | $1,307/sf | -3.7% |
| Aug 22, 2017 | 4R | 1 BR · 1 BA · 804 sf | $925,000 | $1,150/sf | +0.0% |
| Mar 3, 2016 | 3R | 1 BR · 750 sf | $996,000 | $1,328/sf | +0.1% |
| Nov 19, 2015 | 5R | 2 BR · 2 BA · 900 sf | $1,614,000 | $1,793/sf | +8.0% |
| Feb 18, 2015 | 2B | 1,051 sf | $1,620,000 | $1,541/sf | — |
| Jan 16, 2015 | 4A | 621 sf | $930,000 | $1,498/sf | — |
| Jun 27, 2013 | 1BC | 2 BR · 1,500 sf | $1,895,000 | $1,263/sf | -11.9% |
Market read. Most recent trades (2025) cleared a median $957/sf (floor-adjusted) across 1 sale. 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 1.4% 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.
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 1-00720-7502; 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 468 West 23rd Street (Chelsea Gardens Condominium) and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The structure is the value. Condo mechanics — no co-op board interview; purchases run through the condominium's application process — inside an 1850s historic-district building is a thin market in Chelsea. If your search keeps surfacing co-ops with 20–25 percent down and board risk, this building is the structural alternative; confirm financing, leasing and ownership-entity rules in the current declaration, bylaws and house rules.
Small buildings concentrate everything. Eleven owners share every roof, boiler, and facade decision. Review the budget, reserves, and meeting minutes carefully; the 2023 boiler and recent repointing are encouraging, but confirm what's next on the capital list.
It's a walk-up. Top-floor duplexes — including the terrace unit — come with stairs, permanently. Price that honestly against your time horizon.
Verify the policy stack. Pet terms, rental rules, and any transfer fees are thinly documented publicly. We verify against the offering plan on file and current board documents during diligence.
Confirm the Landmarks permit route. LPC review covers exterior alterations, including non-visible work, and interiors requiring a DOB permit, subject to specified maintenance exemptions. Staff approval or a Certificate of Appropriateness depends on scope and LPC rules; include that review in the renovation schedule.
What to know if you’re selling
Present the setting and actual monthlies. Document the prewar condominium, historic-district setting, the apartment's actual light opposite London Terrace, and current charges with their inclusions; do not infer low costs or superior sales results from those features.
Lead with volume. The 19-foot ceilings, duplex sections, and the roof terrace are the building's photographic assets; this stock sells on section drawings and verticality, not floor area alone.
Evaluate the available comparables. The 11-unit count does not establish resale frequency. Use dated internal and nearby condominium or loft sales, adjusted for exposure, condition and actual total carrying costs.
Comparable buildings
If you're considering 468 West 23rd Street, also evaluate:
- 410 West 23rd Street — the larger co-op alternative on the same block
- London Terrace Towers (465 West 23rd Street) — the full-block 1930 co-op directly across the street; the amenity-rich alternative
- 515 West 23rd Street — modern boutique condo a block west by the High Line
- 519 West 23rd Street — boutique gallery-district condo neighbor
- 503 West 24th Street — boutique condo one block north in the gallery blocks
- 245 Tenth Avenue — the High Line-adjacent design-condo comparison
- 228 West 21st Street — boutique pre-war stock in the heart of the historic district
- 252 Seventh Avenue — the large loft-condo alternative (Chelsea Mercantile) for buyers trading intimacy for amenities
More Chelsea buildings
- 458 West 20th Street — 1845 co-op
- 459 West 18th Street — 2007 condominium
- 461 West 22nd Street — 1854 co-op
- 471 West 22nd Street — 1854 co-op
- 473–475 West 22nd Street — co-op
- 500 West 21st Street — condominium by Kohn Pedersen Fox (KPF)
The neighborhood
For the full corridor — architecture, 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. 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 468 West 23rd Street (Chelsea Gardens Condominium)?
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