500 West 21st Street
500 West 21st Street, New York, NY 10011
Chelsea
BBL 1006927502 · BIN 1090199
- Year built
- 2013
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2015–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,360
- Listing discount
- -1.8%
- Recorded sales
- 71
- On record
- 2015–2024
500 West 21st Street is a boutique condominium designed by Kohn Pedersen Fox, completed in 2013, set directly beside the High Line in the heart of West Chelsea's gallery district. The location is the building's foundation: it sits among the contemporary art galleries, the elevated park, and the architect-designed condominiums that have made West Chelsea one of New York's most design-conscious neighborhoods. KPF's design responds directly to its setting — a contemporary masonry-and-glass building whose proportions and paned windows were composed to complement the High Line's industrial trestle rather than overpower it.
At just 32 residences across eight stories, the building is deliberately intimate, with the loft-like layouts and generous proportions that West Chelsea buyers expect. The interior design brings a comfortable, industrial-leaning aesthetic — limestone, oil-rubbed bronze, open floor plates — that suits the gallery-district context. From its upper floors, the building looks out over the High Line, the historic General Theological Seminary, and the Manhattan skyline.
For buyers, 500 West 21st offers a KPF-designed, full-service boutique condominium beside the High Line — design pedigree, loft proportions, and ownership flexibility in one of the city's most coveted contemporary neighborhoods.
Architecture and unit composition
Kohn Pedersen Fox designed the building to sit comfortably alongside the High Line, mirroring the rhythm of the trestle while introducing its own contemporary materials and paned fenestration. The result is an eight-story building that reads as carefully composed rather than monumental — appropriate to a block where architecture is part of the neighborhood's identity.
The 32 residences are spacious and loft-like, with open layouts crafted by a West Chelsea-based interior designer using materials such as limestone and oil-rubbed bronze. With roughly 2,560 square feet of building area per unit, the homes run large — full-floor and near-full-floor layouts are typical at this scale and footprint. Upper-floor residences command the building's best assets: open outlooks over the High Line, the seminary's gardens, and the skyline beyond. The contemporary ceiling heights and floor-to-ceiling glazing of new construction give the apartments their light and volume.
Building operations
500 West 21st runs as a full-service boutique condominium with an amenity package deep for its size: a 24-hour concierge, a fitness center, a club room, a children's playroom, on-site parking, a live-in resident manager, cold storage for deliveries, and private storage for each residence. Common charges reflect that staffing and the amenity roster; real estate taxes are billed per unit in the standard condominium structure.
The condominium format gives buyers the flexibility West Chelsea expects. Financing is flexible, purchases clear through a right-of-first-refusal rather than a board interview, and pied-à-terre, trust, LLC, and investment ownership are customary — well suited to the design-minded, international, and part-time-resident buyers the gallery district attracts. Subletting and pet specifics follow the condominium's governing documents and are confirmed through the managing agent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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.
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.
See the full facade history →Management & transfer contacts
- Notable fees
- Condo (32 residences, West Chelsea/High Line). Buyer working capital = 2 months common charges; processing $600; move-in $350 + $1,500 deposit; waiver of ROFR $500; intl credit report $1,500/applicant
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Dec 20, 2024 | 3A | 3 BR · 3.5 BA · 2,531 sf | $6,000,000 | $2,371/sf | -7.0% |
| Jan 30, 2024 | 4D | 2 BR · 2 BA · 1,525 sf | $3,450,000 | $2,262/sf | -7.7% |
| Aug 2, 2023 | 8Sponsor Sale | 139 sf | $256,250 | $1,844/sf | off-mkt |
| Aug 1, 2023 | 4Sponsor Sale | 261 sf | $256,250 | $982/sf | off-mkt |
| Jul 22, 2022 | 4A | 3 BR · 2,531 sf | $6,800,000 | $2,687/sf | off-mkt |
| Nov 3, 2021 | 5C | 3 BR · 2,273 sf | $8,166,000 | $3,593/sf | off-mkt |
| Nov 3, 2021 | 9Sponsor Sale | 159 sf | $206,400 | $1,298/sf | off-mkt |
| Nov 2, 2021 | 7Sponsor Sale | 139 sf | $155,487 | $1,119/sf | off-mkt |
Market read. Most recent trades (2024) cleared a median $2,360/sf across 2 sales. Median listing discount -1.8% over ask.
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 1-00692-7502) 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
The case for buying here is design and the High Line in condominium form. You are buying a Kohn Pedersen Fox building beside the elevated park, with loft-scale residences, a full amenity suite including on-site parking, and the ownership flexibility of a condominium, in the most design-conscious corner of Chelsea. The trade-offs are scale and view variability: this is an eight-story boutique building, so outlook depends heavily on floor and exposure, and the homes are loft-oriented rather than traditional. The specific residence — its floor, its outlook over the High Line and seminary, its light — is what to evaluate closely. For the design-forward buyer who wants the gallery district, the park at the doorstep, and full-service condominium living, the building is an excellent match.
What to know if you’re selling
A resale at 500 West 21st markets on its architecture and its location: Kohn Pedersen Fox, the High Line frontage, the loft proportions, and the gallery-district setting are durable differentiators, and the on-site parking and full amenity package back them up. The condominium structure widens the buyer pool to design-minded, international, and pied-à-terre purchasers and delivers a faster closing through a right-of-first-refusal. Pricing belongs against West Chelsea's architect-designed condominium set, with floor level and outlook over the High Line driving the spread. Presentation should foreground the design, the light, and the park view. Marketing to the design-literate, flexibility-minded buyer the gallery district attracts is the path to a strong sale.
Comparable buildings
If you're evaluating 500 West 21st Street, these nearby West Chelsea buildings make a useful comparison set:
- 515 West 23rd Street — West Chelsea condominium near the High Line
- 519 West 23rd Street — gallery-district condominium
- 420 West 23rd Street — the London Terrace-area co-op
- 468 West 23rd Street — West Chelsea residences
- 410 West 23rd Street — Chelsea co-op near the gallery district
- 228 West 21st Street — Chelsea pre-war co-op
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
Considering a move at 500 West 21st Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 500 West 21st 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.