Condominium · 1905
Inkwell
520 West 45th Street, New York, NY 10036
Buildings·Hudson Yards·Condominium

520 West 45th Street (Inkwell)

520 West 45th Street, New York, NY 10036

CorridorHudson Yards
At a glance
Year built
1905
Type
Condominium
Units
18
Floors
5
The Data Room

Every recorded sale at this building, 2017–2024

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,424
Listing discount
1.6%
Recorded sales
25
On record
2017–2024

Inkwell is an 18-unit boutique condominium carved from the former P.S. 51, the Elias Howe School — a 1905 Beaux-Arts public school reportedly among the first in New York to serve students lunch. Developed by the Gotham Organization and converted in 2016, the building leans into its schoolhouse provenance as its identity, with interiors by AvroKO, the design firm behind SoHo's Public restaurant and the nearby Gotham West food hall.

The conversion preserved the schoolhouse's grand proportions — roughly 13-foot ceilings and tall original-scale windows — while threading in playful nostalgia: chalkboards beside apartment entries, cubbies, rolling library ladders, and caged ceiling fans in the amenity spaces. The result is a distinctive low-rise address in Clinton rather than a standard-issue conversion.

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.

DateUnitApartmentPricePPSFvs. Ask
Aug 5, 20242A
2 BR · 2 BA · 1,401 sf
$1,995,000$1,424/sfoff-mkt
Aug 10, 20221A
3 BR · 3 BA · 1,901 sf
$2,712,500$1,427/sf-6.3%
Jul 27, 20223B
2 BR · 2 BA · 1,306 sf
$1,940,000$1,485/sf-2.8%
May 24, 20222C
2 BR · 2 BA · 1,309 sf
$1,965,000$1,501/sf-1.5%
Apr 20, 20223A
2 BR · 2 BA · 1,401 sf
$2,085,000$1,488/sf-5.0%
Apr 8, 2022PH5D
2 BR · 2 BA · 1,211 sf
$2,210,000$1,825/sfoff-mkt
May 27, 20211B
3 BR · 2.5 BA · 2,042 sf
$2,960,000$1,450/sf-1.3%
Mar 1, 20184D
2 BR · 1,211 sf
$1,850,000$1,528/sf-2.6%

Market read. Most recent trades (2024) cleared a median $1,424/sf across 1 sale. Median listing discount 1.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

2C · 1,309 sf+3%
$1,900,000 ($1,451/sf) 2018$1,965,000 ($1,501/sf) 2022
1B · 2,042 sf+2%
$2,900,000 ($1,425/sf) 2017$2,960,000 ($1,450/sf) 2021
1A · 1,901 sf+0%
$2,700,000 ($1,420/sf) 2017$2,712,500 ($1,427/sf) 2022
3A · 1,401 sf-3%
$2,150,000 ($1,535/sf) 2017$2,085,000 ($1,488/sf) 2022
3B · 1,306 sf-6%
$2,064,706 ($1,581/sf) 2017$1,940,000 ($1,485/sf) 2022
View all 25 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 1-01073-7504) 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.

Comparable buildings

The Roebling Team at Inkwell

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Hudson Yards — read The Roebling Team Guide to Hudson Yards.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com