- Year built
- 2022
- Type
- Condominium
- Units
- 60
- Floors
- 10
- Landmark
- No
- Pets
- Not documented in the records we hold — confirm in the house rules
- Financing
- No board-imposed financing ceiling — this is a condominium. Lender project-eligibility review is the constraint that matters here; see below
Every recorded sale at this building, 2025–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,744
- Listing discount
- 0.0%
- Recorded sales
- 39
- On record
- 2025–2026
The blocks between Tenth and Eleventh Avenues in the West Twenties were, until recently, a working landscape of warehouses, garages and self-storage. The High Line rebuilt the demand curve and Hudson Yards rebuilt the skyline, and what has filled in between them is mostly glass. HxH Residences argues the other way. It is a ten-story dark-brick building with punched, multipane industrial windows on a block where its immediate neighbors include a converted 1926 warehouse and a pair of larger glass condominium towers, and the material choice is the positioning: it reads as the block's own history rather than as Hudson Yards spillover.
The site history is unusually legible in the public record. A six-story self-storage warehouse stood here and was demolished under a 2016 permit. An application to build twelve stories and 43 apartments was filed in March 2017 and never proceeded. The building that exists was filed in April 2018 as a ten-story, 60-unit residential building with accessory parking, and DOB issued its final certificate of occupancy on September 20, 2022. PLUTO's year-built field says 2020, and it is wrong by two years — a discrepancy worth knowing about, because year-built drives a great deal of automated valuation and lending logic.
The more consequential date is later. The condominium declaration is dated October 31, 2024 and was recorded on January 13, 2025, and the first unit closings followed in February 2025. That two-and-a-half-year gap between certificate of occupancy and condominium declaration is the fact a buyer should understand: this building was completed and occupied before it was a condominium, and the individual residences came to market as a sell-out that is still in progress. As of the most recent City Register records, roughly forty of the sixty units have closed to separate, unrelated purchasers — individuals, couples, trusts and single-purpose entities, none of them affiliated with each other. This is a real for-sale condominium in an active sponsor sell-out, not a rental building in a condominium wrapper.
The zoning tells the last part of the story. The lot sits in the Special West Chelsea District under C6-3, which permits a residential floor area ratio of 7.52. The building was built to 5.01. It did not buy floor area, it did not take the district's High Line improvement bonus, and ACRIS shows no development-rights transfer or easement of any kind recorded against the lot. That restraint is why the building is ten stories on a block where the zoning would have supported considerably more, and it is why the apartments have the ceiling heights and window proportions they do rather than the maximum unit count the envelope could have carried.
Architecture and unit composition
The building occupies a 100-foot-wide interior lot of roughly 9,875 square feet running about 99 feet deep, and it fills essentially the whole of it. The elevation is symmetrical, dark-brick, and organized as a grid of punched openings with industrial-profile multipane windows — a closed, masonry composition rather than a curtain wall. The architect of record describes the interiors as designed by Ben Hansen Architect, with each residence given a distinct contemporary treatment rather than a single repeated finish package.
Sixty residences across ten stories on a 9,875-square-foot lot produces a small-apartment building: roughly 825 square feet of residential floor area per unit before common-area deductions. The mix runs from studios through penthouses, with the larger and outdoor-space-carrying residences concentrated at the top of the stack. The recorded closings across the sell-out are consistent with a mix weighted toward studios and one-bedrooms, with a small number of substantially larger residences above. Published specification includes wide-plank white oak flooring, oversized windows, high ceilings and in-unit laundry.
Building operations
Boutique condominium services rather than a full-service staffed program: a fitness room, a bike room, private outdoor space, and accessory residential parking permitted under the new-building application and described in published project records as nine private outdoor spaces. On-site parking is genuinely scarce in West Chelsea and is a real differentiator at this scale, but the spaces are limited in number and their allocation and any separate purchase or licence terms should be confirmed in the declaration and by-laws.
The building is young, which cuts both ways. Building systems, roof, envelope and elevators are all under a decade old and none is near a replacement cycle, so near-term capital exposure should be low. Against that, the condominium has a short operating history and no long reserve record, and its budget has not yet been tested through a full cycle of insurance renewals and labor cost increases. Ask for the current budget, the reserve balance, and the sponsor's status on common charges for unsold units.
Policy framework
Tax posture is the headline. There is no abatement here of any kind. The condominium lot and all sixty unit lots show no exemption in DOF's records — no 421-a, no 485-x, nothing. Three other buildings on the same tax block carry 421-a exemptions; this one does not. Residences have been taxed at full assessment from the first closing, and there is no step-up ahead because there is no benefit to phase out. Buyers who have been shopping abated new-development inventory elsewhere in Manhattan will find the monthly carry here noticeably higher than the asking price alone implies, and the number does not get worse later — it starts where it stays.
Lender project eligibility, not a board financing cap. As a condominium there is no board-imposed maximum financing percentage. What can constrain financing in a building at this stage is agency project review: with a sell-out still in progress and a meaningful block of unsold units held by the sponsor, sponsor and investor concentration are questions your lender will ask about the project as a whole, separate from your own credit. Get a project-eligibility answer from your lender early rather than at underwriting, and ask the managing agent whether the condominium has a current lender questionnaire on hand.
Condominium framework. Pied-à-terre use, subletting, and purchases through trusts and limited liability companies are permitted in the ordinary condominium structure, subject to the declaration and by-laws and to the board's right of first refusal rather than to cooperative-style approval. Pet rules and any resale capital contribution are not documented in the records we hold. Because no offering plan for this building was located in either library, the declaration and by-laws recorded with the City Register are the governing documents to read.
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 →Recent sales
West Chelsea condominium pricing is quoted per square foot, and this building sits below the trophy tier — it is a boutique masonry building with a modest amenity program on a block that also contains larger, more heavily amenitized towers, and it prices accordingly. Its distinguishing arguments are apartment quality per dollar, on-site parking at a scale almost nothing else on the block offers, and a High Line and gallery-district address without Hudson Yards pricing. Its distinguishing burden is the tax line: full unabated real estate taxes materially raise the monthly carry against abated comparables, and any per-square-foot comparison that ignores that is misleading.
A sell-out in progress also shapes the market. While the sponsor holds unsold inventory, resale sellers are competing against new-construction pricing and sponsor concessions in their own building. That normally compresses resale pricing until the sell-out closes out, and it is the single most important timing consideration for anyone buying here with a short hold in mind. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Aug 18, 2026 | 6E | 2 BR · 1 BA · 914 sf | $1,595,000 | $1,745/sf | -3.3% |
| Jul 6, 2026 | 7D | 1 BR · 1 BA · 855 sf | $1,550,000 | $1,813/sf | off-mkt |
| Jun 15, 2026 | 3DSponsor Sale | 1 BR · 1 BA · 855 sf | $1,325,000 | $1,550/sf | -5.4% |
| Jun 15, 2026 | 3DSponsor Sale | 1 BR · 1 BA · 855 sf | $1,330,300 | $1,556/sf | -6.6% |
| Apr 15, 2026 | PHD | 2 BR · 2 BA · 1,667 sf | $3,300,000 | $1,980/sf | -5.6% |
| Mar 26, 2026 | 2E | 1 BR · 1 BA · 708 sf | $1,140,000 | $1,610/sf | -4.6% |
| Dec 29, 2025 | 7HSponsor Sale | 2 BR · 1 BA · 933 sf | $1,950,000 | $2,090/sf | off-mkt |
| Dec 9, 2025 | 2F | 1 BR · 1 BA · 679 sf | $1,195,000 | $1,760/sf | -4.4% |
Market read. Most recent trades (2026) cleared a median $1,744/sf across 5 sales. Median listing discount 0.0% from the last 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 1-00701-7504) 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
Model the taxes before you model anything else. There is no abatement. Pull the actual tax bill for the specific unit lot, not an estimate, and run the True Monthly Carrying Cost Calculator with that number.
Get a lender project-eligibility answer up front. A condominium in an active sell-out is a project-review question as much as a personal-credit question. Ask your lender to clear the project before you go to contract.
Read the declaration and by-laws. No offering plan for this building was found in either library. The recorded declaration, the by-laws and the unit-lot schedule are the governing documents, and your attorney should read them for the parking allocation, any resale capital contribution, sublet restrictions and pet rules.
Do not rely on the PLUTO year built. City data carries 2020; the certificate of occupancy issued in September 2022. Correct the record in your appraisal and insurance conversations.
Confirm what the sponsor still holds. Ask the managing agent how many units remain unsold, whether the sponsor is current on common charges, and whether any unsold units are tenanted. Those three answers shape both your financing and your resale timing.
Comparable buildings
If you're considering 517 West 29th Street, also evaluate:
- 515 West 29th Street — the immediate neighbor on the same blockfront; a converted 1926 warehouse with a boutique unit count, the design-led alternative
- 522 West 29th Street — across the street; another West Chelsea condominium
- 550 West 29th Street — the larger new-development option a block west
- 520 West 28th Street — the Zaha Hadid building on the High Line; the trophy tier of the same micro-market
- 245 Tenth Avenue — boutique High Line condominium a few blocks south
- 100 Eleventh Avenue — Jean Nouvel on the Hudson; the architectural alternative
- 200 Eleventh Avenue — the en-suite-parking condominium on the avenue
- 551 West 21st Street — the West Chelsea large-format alternative to the south
The neighborhood
For the full corridor — architecture, schools, 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.
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