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Condominium
500 West 21st Street
500 West 21st Street, New York, NY 10011
Buildings·Chelsea·Condominium

500 West 21st Street

500 West 21st Street, New York, NY 10011

Chelsea

BBL 1006927502 · BIN 1090199

At a glance
Type
Condominium
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Doorman
Full-time doorman

Construction chronology: The city tax-lot record carries 2013; the developer planned first occupancy for early 2015, and DOB issued the final certificate of occupancy August 14, 2024. A planned occupancy date and a later final certificate are distinct from an independently established completion date.

500 West 21st Street sales history: 47 recorded sales

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The Data Room

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, 2024
$2,354
floor-adjusted, 2 sales
Listing discount
-1.8%
Recorded sales
47
On record
2015–2024
Considering a sale?

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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.

As seen inThe Wall Street Journal★ 92 reviews on Google

500 West 21st Street is a boutique condominium designed by Kohn Pedersen Fox, 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. The city's tax-lot record lists 2013 as the year built; the developer planned first occupancy for early 2015, and the Department of Buildings issued the final certificate of occupancy on August 14, 2024.

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. The homes run large: per Kohn Pedersen Fox, floors two through seven hold 30 residences from about 1,100-square-foot one-bedrooms to 3,800-square-foot four-bedrooms, and the eighth floor holds two penthouses of about 4,000 square feet. 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.

As a condominium, there is no co-op board admission: purchases clear through a right-of-first-refusal rather than a board interview. Financing limits and pied-à-terre, trust, LLC, and investment ownership should be confirmed in the current declaration, bylaws and house rules. Subletting and pet specifics follow the condominium's governing documents and are confirmed through the managing agent.

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.

Purchase

9 items

Fees and charges

ItemPaid byWhenAmountRefundable
International Credit Report FeeConditional · Per applicantCan be submitted prior to Board Package as check payable to Fidelifacts. To be submitted along with completed purchase application, credit authorization, and copy of driver's license for each applicantPaid by BuyerWhen With the applicationAmount $1,500.00 per applicant (if applicable; this amount may vary depending on the country of residency)Refundable Non-refundable
Move In FeePaid by BuyerWhen With the applicationAmount $350Refundable Non-refundable
Processing FeePaid by BuyerWhen With the applicationAmount $600Refundable Non-refundable
Working CapitalPaid by BuyerWhen With the applicationAmount Equal to 2 months' common charges-contact mgt to confirm amountRefundable Not stated
Move Out FeePaid by SellerWhen With the applicationAmount $350Refundable Not stated
Waiver of Right of First RefusalPaid by SellerWhen With the applicationAmount $500Refundable Not stated
Tenant AlertPaid by BuyerWhen With the applicationAmount $50 (this fee will be separately collected by Tenant Alert - do not submit this amount to management)Refundable Not stated

Deposits

ItemPaid byWhenAmountRefundable
Move In DepositPaid by BuyerWhen With the applicationAmount $1,500Refundable Refundable
Move Out DepositPaid by SellerWhen With the applicationAmount $1,500Refundable Refundable

Rental or lease

8 items

Fees and charges

ItemPaid byWhenAmountRefundable
Move Out FeePaid by LandlordWhen With the applicationAmount $350Refundable Non-refundable
International Credit Report FeeConditional · Per applicantCan be submitted prior to Board Package as check payable to Fidelifacts. To be submitted along with completed purchase application, credit authorization, and copy of driver's license for each applicantPaid by TenantWhen With the applicationAmount $1,500.00 per applicant (if applicable; this amount may vary depending on the country of residency)Refundable Non-refundable
Move In FeePaid by TenantWhen With the applicationAmount $350Refundable Non-refundable
Processing FeePaid by TenantWhen With the applicationAmount $600Refundable Non-refundable
Tenant AlertPaid by TenantWhen With the applicationAmount $50 (this fee will be separately collected by Tenant Alert - do not submit this amount to management)Refundable Not stated

Deposits

ItemPaid byWhenAmountRefundable
Move Out DepositPaid by LandlordWhen With the applicationAmount $1,500Refundable Refundable
Move In DepositPaid by TenantWhen With the applicationAmount $1,500Refundable Refundable

Lease renewal

Fees and charges

ItemPaid byWhenAmountRefundable
Processing FeePaid by TenantWhen With the applicationAmount $300Refundable Non-refundable

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.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Building staffing and amenities

Doorman
Full-time doormanSource: recent listing records
Concierge
YesSource: recent listing records
Attended lobby
YesSource: The Roebling Team's building profile
Live-in superintendent
YesSource: The Roebling Team's building profile
Elevator
YesSource: NYC Department of Buildings elevator records
Amenities noted
Fitness room, residents' lounge, playroom, garage, storage, cold storageSource: The Roebling Team's building profile

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.

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
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).

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →

Management & transfer contacts

Managing agent
Sherwood Equities / Sherwood Residential (sherwoodequities.com)
Policies and 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
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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.

DateUnitApartmentPricePPSFvs. Ask
Dec 20, 20243A
3 BR · 3.5 BA · 2,531 sf
$6,000,000$2,371/sf-7.0%
Jan 30, 20244D
2 BR · 2 BA · 1,525 sf
$3,450,000$2,262/sf-7.7%
Jul 22, 20224A
3 BR · 2,531 sf
$6,800,000$2,687/sf—
Nov 3, 20215C
3 BR · 2,273 sf
$8,166,000$3,593/sf—
Sep 20, 20212CSponsor Sale
1 BR · 1 BA · 1,100 sf
$2,350,000$2,136/sf+0.0%
Jul 15, 20194C
1 BR · 1 BA · 1,057 sf
$2,650,000$2,507/sf-8.5%
Oct 1, 20184F
3 BR · 3,150 sf
$9,000,000$2,857/sf—
Jul 19, 20187C
3 BR · 2,182 sf
$5,550,000$2,544/sf+0.9%

Market read. Most recent trades (2024) cleared a median $2,354/sf (floor-adjusted) across 2 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 -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.

5C · 2,273 sf+29%
$6,342,790 ($2,790/sf) 2015 → $6,342,790 ($2,790/sf) 2017 → $8,166,000 ($3,593/sf) 2021
4C · 1,057 sf+13%
$2,341,975 ($2,216/sf) 2015 → $2,600,000 ($2,460/sf) 2016 → $2,650,000 ($2,507/sf) 2019
4A · 2,531 sf+10%
$6,185,868 ($2,444/sf) 2015 → $6,185,868 ($2,444/sf) 2017 → $6,800,000 ($2,687/sf) 2022
4F · 3,150 sf+5%
$8,604,212 ($2,731/sf) 2015 → $8,604,212 ($2,731/sf) 2017 → $9,000,000 ($2,857/sf) 2018
5D · 3,391 sf+0%
$10,182,500 ($3,003/sf) 2015 → $10,182,500 ($3,003/sf) 2017
View all 47 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 1-00692-7502; 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.

Rents · The Roebling Index

Closed rents at 500 West 21st Street, last 36 months

$116median rent per sq ft per year
SizeLeasesMedian / month
3 bedroom4$24,250

6 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.

For owners

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 500 West 21st Street 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.

The Roebling Report

Keep up with 500 West 21st Street and its market

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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 uses a right-of-first-refusal process. 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:

More Chelsea buildings

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.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com