50 West 15th Street
50 West 15th Street, New York, NY 10011
Flatiron
BBL 1008167503 · BIN 1087941
- Year built
- 2008
- Type
- Condominium
Every recorded sale at this building, 2008–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,803
- Listing discount
- 2.2%
- Recorded sales
- 112
- On record
- 2008–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Oculus 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.
The Oculus is the rare new-millennium condominium that chose masonry over glass. Completed in 2008 by Alchemy Properties to a design by FXFowle Architects, the ten-story building wears a terracotta façade detailed in a register that nods to the pre-war loft stock of Sixth Avenue and West 15th Street rather than the curtain-wall towers going up around it at the time. The result reads as if it belongs on the block — which on this stretch of the Flatiron–Chelsea seam, a few steps from both Union Square and the Sixth Avenue retail spine, is exactly the point.
For a buyer, the building's appeal is its position and its scale. Forty-seven residences across ten floors make for a manageable condominium with real services, set on a side street that is quiet by Flatiron standards yet within a two- or three-block walk of the L, F/M, 1, 2, 3, 4, 5, 6, N, Q, R, and W trains at Union Square and Sixth Avenue. The condominium structure — financing latitude, ownership flexibility, a light right-of-first-refusal rather than a co-op board — sits on top of all of it.
Architecture and unit composition
The exterior is the building's signature: terracotta and brick massed to mediate between the masonry warehouses of the block and the contemporary residences inside. The 47 homes range from studios to three-bedrooms, roughly 600 to 2,300 square feet, and a large share — about twenty of them — carry private outdoor space, from balconies to setback terraces. Interiors were delivered with a high-specification sponsor finish program: wide-plank or Brazilian cherry floors, Poggenpohl kitchen cabinetry, Viking appliances, and marble baths with radiant-heated floors. Ceiling heights and window proportions reflect the ground-up construction; the planning leans toward the loft-like open layouts the neighborhood's buyers expect.
Building operations
The Oculus runs as a full-service condominium. A full-time doorman staffs the attended lobby, with a live-in resident manager and porter handling day-to-day operations and an advanced video-intercom system at entry. The amenity set is calibrated to the building's boutique size rather than padded: a landscaped roof deck with open Manhattan and Empire State Building views, a planted common courtyard at the rear, and private storage available to residents. The condominium permits washer/dryers in residence — many homes were delivered with them — and is pet-friendly. As a condominium, financing is flexible and there is no admissions board; purchases clear through the standard right-of-first-refusal.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $16,730/yr
- Per unit / month range
- $0 – $30
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Notable fees
- Condo (47 units, The Oculus). Buyer app $700; credit $200/applicant; move-in $1,500 + $1,000 deposit; waiver of ROFR $750; closing $225; lease renewal $300
Recent sales
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 30, 2026 | 2C | 3 BR · 3 BA · 1,549 sf | $2,600,000 | $1,679/sf | -1.3% |
| Jun 26, 2026 | 1E | 2 BR · 2.5 BA · 1,613 sf | $2,900,000 | $1,798/sf | +7.6% |
| May 11, 2026 | 7B | 2 BR · 2 BA · 1,055 sf | $1,820,000 | $1,725/sf | -4.2% |
| Apr 27, 2026 | 4E | 2 BR · 2 BA · 1,265 sf | $2,275,000 | $1,798/sf | -0.9% |
| Mar 31, 2026 | 8B | 2 BR · 2 BA · 1,229 sf | $2,275,000 | $1,851/sf | -0.7% |
| Oct 15, 2025 | 1C | 1 BR · 2 BA · 1,061 sf | $1,435,000 | $1,352/sf | off-mkt |
| Sep 16, 2025 | 7E | 2 BR · 2 BA · 1,265 sf | $2,300,000 | $1,818/sf | -8.0% |
| May 19, 2025 | 9D | 3 BR · 2.5 BA · 1,611 sf | $2,850,000 | $1,769/sf | -4.8% |
Market read. Most recent trades (2026) cleared a median $1,803/sf across 5 sales. Median listing discount 2.2% 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 1-00816-7503) 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
This is a condominium, so the purchase path is the lighter one: a right-of-first-refusal in place of a co-op board package and interview, flexible financing, and the customary openness to pied-à-terre, trust, LLC, and investment ownership that condominiums of this caliber allow. Subletting is correspondingly freer than at a Flatiron co-op. The points that actually shape value here are unit-specific — which exposure, how much private outdoor space, what floor — and building-level: the roof deck and courtyard, the full-time staffing, the storage availability. We help buyers read the offering plan and financials, weigh common charges and taxes against comparable boutique condominiums, and benchmark a given line against recent trades.
What to know if you’re selling
The selling story is the building's design and its location. A terracotta-clad, full-service condominium on a quiet West 15th Street block — one with private outdoor space on a large share of its homes and Union Square transit at the door — differentiates a listing from the glassier post-war and new-construction inventory nearby. Closing mechanics are condominium-standard: a right-of-first-refusal rather than a board process, with the faster, more predictable timeline that the financing- and flexibility-minded Flatiron buyer values. Because turnover is light, a well-positioned home benefits from scarcity within the building; pricing should be set against the boutique-condominium comparable set rather than the broader, larger-tower market.
Comparable buildings
If you're considering The Oculus, also evaluate nearby Flatiron and Chelsea condominium inventory:
- 141 Fifth Avenue — landmark Flatiron condominium a few blocks north
- 212 Fifth Avenue — pre-war tower condominium overlooking Madison Square Park
- 15 Union Square West — cast-iron-and-glass condominium on Union Square
- 125 West 21st Street — boutique Chelsea condominium nearby
- 55 West 17th Street — Flatiron condominium a few blocks away
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
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 Oculus?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.