- Year built
- 1926
- Type
- Condominium
- Units
- 15
- Floors
- 11
- Landmark
- No
- Pets
- Pet-friendly under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2007–2023
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,801
- Listing discount
- 12.8%
- Recorded sales
- 20
- On record
- 2007–2023
515 West 29th Street — Five One Five — is a design-led boutique condominium in the heart of West Chelsea, flanking the High Line on two sides near Hudson Yards. Designed by Soo K. Chan of the Singapore firm SCDA Architects, it began as a 1926 warehouse — originally built for the Manhattan Refrigerating Company, constructed without windows to keep the interior cool — and was reimagined as a condominium topped with a striking glass-fin addition whose wave-like form animates the upper floors. The result is 15 custom residences, including five penthouses, in one of Manhattan's most architecturally ambitious neighborhoods.
What buyers respond to here is the combination of architectural pedigree and location. The building sits directly on the High Line, giving residences elevated-park views on two sides, and SCDA's design — the glass fins, the wave form, the base treated as a canvas for art — makes it a genuine design object rather than a generic new development. With only 15 residences in a neighborhood defined by gallery culture, the High Line, and Hudson Yards, it is a boutique building in a setting few others can match.
The building is for buyers who want an architect-designed, boutique West Chelsea condominium directly on the High Line.
Architecture and unit composition
515 West 29th Street pairs a 1926 warehouse base with a contemporary addition by SCDA's Soo K. Chan. The original structure — built windowless for the Manhattan Refrigerating Company — provides the solidity of the lower floors, while the new construction above introduces a glass-fin façade and a wave-like upper form that give the building its signature silhouette on the High Line. The base is conceived as a canvas for emerging artists, tying the building to the neighborhood's gallery identity.
Inside, the 15 residences are custom-designed two- and three-bedroom homes, capped by five penthouses. The High Line frontage on two sides means many residences enjoy elevated-park views and strong light, and the boutique unit count means the specific floor, exposure, and — especially — penthouse status drive value. This is a building where the architecture and the individual residence, not any building average, define the number.
Building operations
515 West 29th Street operates as a boutique condominium with services appropriate to a 15-residence building. That is a sensible scale for a design-led building — the essentials of a well-run condominium without the overhead of a large tower. Common charges reflect the staffing and the building's bespoke envelope; buyers should model the full monthly carry and review reserves and any capital history — including the interface of the historic warehouse base and the contemporary addition — during due diligence, as is prudent for an architecturally ambitious condominium of recent vintage.
Recent sales
As a condominium, 515 West 29th Street prices on a price-per-square-foot basis, with floor, exposure, High Line views, penthouse status, outdoor space, and condition supporting value. Turnover is light for a boutique building of this size; both resale and owner-rental activity occur, but it is an ownership condominium, not a rental building. Apartment-level context — and the significant premium for the penthouses and High Line-facing residences — drives pricing more than any building average, and the SCDA design and the location support pricing for residences that present well.
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 |
|---|---|---|---|---|---|
| Nov 16, 2023 | 7N | 3 BR · 3 BA · 2,326 sf | $5,278,000 | $2,269/sf | -20.6% |
| Aug 17, 2023 | 2N | 3 BR · 3 BA · 2,151 sf | $3,395,000 | $1,578/sf | -15.0% |
| Jul 27, 2022 | 3N | 2 BR · 3 BA · 2,133 sf | $3,925,000 | $1,840/sf | -7.6% |
| Jun 2, 2022 | 2S | 2 BR · 3 BA · 1,895 sf | $3,677,900 | $1,941/sf | -4.5% |
| May 27, 2022 | 6N | 3 BR · 3 BA · 2,133 sf | $4,700,000 | $2,203/sf | -6.0% |
| Mar 2, 2022 | 7S | 3 BR · 3 BA · 2,262 sf | $6,073,463 | $2,685/sf | -1.2% |
| Oct 29, 2021 | 10 | 2 BR · 3 BA · 2,419 sf | $5,614,125 | $2,321/sf | +2.1% |
| Sep 30, 2021 | 9 | 2 BR · 1 BA · 2,419 sf | $5,345,813 | $2,210/sf | +1.8% |
Market read. Most recent trades (2023) cleared a median $1,801/sf across 2 sales. Median listing discount 12.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jun 13, 2007 | 5 | $2,875,000 |
| Jun 13, 2007 | 4 | $2,575,000 |
| Jun 13, 2007 | 3 | $2,475,000 |
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 1-00701-7503) 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
The architecture and the architect are the assets. SCDA's Soo K. Chan designed a genuine design object here; the glass-fin form and the warehouse base are the differentiators.
The High Line is the location. Directly flanking the park on two sides, with elevated-park views — the setting is among the best in West Chelsea.
Penthouses and views drive value. Five penthouses and the High Line-facing residences command clear premiums; know which tier you are buying.
This is a boutique building. Just 15 custom residences — low-density and design-led, with condominium services on a human scale.
Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.
Mansion tax thresholds apply. At this building's pricing, the $2M and higher cliffs are typically in play. Run pricing through the Mansion Tax Calculator.
Variable board financial policy — confirm at offer stage. Financing percentages and any sublet terms specific to your situation should be confirmed in writing before you commit.
What to know if you’re selling
Lead with the design and the High Line. The SCDA architecture and the elevated-park frontage are the story; marketing should foreground them.
Pricing requires apartment-level comps. With 15 residences and five penthouses, floor, views, outdoor space, and condition all move the number significantly.
Present the architecture and the views. Photography that reads the glass-fin façade, the light, and the High Line views supports price.
Comparable buildings
If you're considering 515 West 29th Street, also evaluate these West Chelsea condominiums:
- 522 West 29th Street — nearby West Chelsea building
- 550 West 29th Street — nearby West Chelsea building
- 249 West 29th Street — nearby Chelsea building
- 502 Ninth Avenue — nearby West Side building
- 212 Ninth Avenue — nearby Chelsea building
The Roebling Team at 515 West 29th Street
The Roebling Team at Compass works the full Chelsea, West Chelsea, and downtown market, including its architect-designed boutique condominiums. We publish this profile because buyers and sellers of architecturally specific buildings deserve building-level intelligence — architecture, amenity reality, and apartment-level pricing context — rather than generic market commentary.
If you're considering a purchase or sale at 515 West 29th Street, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
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.