- 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 (floor-adjusted)
- $1,801
- Listing discount
- 6.8%
- Recorded sales
- 20
- On record
- 2007–2023
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 515 West 29th 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.
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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).
Penalties shown are amounts DOB assessed against filings on record across 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
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, 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 16, 2023 | 7N | 3 BR · 3 BA · 2,326 sf | $5,278,000 | $2,269/sf | -20.6% |
| Aug 17, 2023 | 2NSponsor Sale | 3 BR · 3 BA · 2,151 sf | $3,395,000 | $1,578/sf | -15.0% |
| Jul 27, 2022 | 3NSponsor Sale | 2 BR · 3 BA · 2,133 sf | $3,925,000 | $1,840/sf | -7.6% |
| Jun 2, 2022 | 2SSponsor Sale | 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 | $6,073,462 | $2,685/sf | -1.2% |
| Oct 29, 2021 | 10Sponsor Sale | 2 BR · 3 BA · 2,419 sf | $5,614,125 | $2,321/sf | +2.1% |
| Sep 30, 2021 | 9Sponsor Sale | 2 BR · 1 BA · 2,419 sf | $5,345,812 | $2,210/sf | +1.8% |
Market read. Most recent trades (2023) cleared a median $1,801/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 6.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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). 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.
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 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
More Chelsea buildings
- 508 West 24th Street — 2014 condominium
- The Fitzroy (514 West 24th Street) — 2019 condominium by Gruzen Samton Steinglass
- 515 West 23rd Street (HL23) — 2011 condominium
- Lantern House at 515 West 18th Street — condominium by Heatherwick Studio
- 517 West 29th Street (HxH Residences) — 2022 condominium
- 519 West 23rd Street (The Highline 519) — 2005 condominium
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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