Förena
540 Sixth Avenue, New York, NY 10011
Flatiron
BBL 1008167504 · BIN 1091642
- Year built
- 2020
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2022–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,900
- Listing discount
- 0.0%
- Recorded sales
- 58
- On record
- 2022–2026
Förena is a ground-up condominium at one of downtown's most strategic corners — Sixth Avenue and 14th Street, where Chelsea, the Flatiron District, and Greenwich Village converge. Designed by Morris Adjmi Architects, an office known for contemporary buildings that speak the language of New York's masonry tradition, it offers 50 residences across 12 stories in a quiet, design-led register that distinguishes it from the glass towers of the surrounding avenues.
The building's pitch is "domestic tranquility with urban energy" — a Scandinavian-inspired design ethos applied to homes that prize natural light, calm material palettes, and usable outdoor space. Many residences have private terraces or balconies, and the interiors carry custom kitchens, Italian marble, and the soaring ceilings and oversized windows new construction makes possible.
For buyers, the appeal is a new condominium with real architectural intent at a crossroads address — walkable to the restaurants and retail of three distinct neighborhoods, with the 14th Street transit corridor and Union Square a few minutes away.
Architecture and unit composition
Morris Adjmi's facade for Förena trades the curtain wall for warm brick and a disciplined window grid — a contemporary building that reads as native to the masonry context of Chelsea and the Village rather than imposed on it. The result is a 12-story building with a textured, tactile presence on the avenue.
The 50 residences run from one to three bedrooms, with many offering private outdoor space. Interiors are finished to a high specification: custom kitchens with state-of-the-art appliances, Italian marble throughout, and the expansive windows and tall ceilings that define the Scandinavian-light design intent. Pricing at launch began in the high-$1-million range for the smaller homes, scaling up through the larger layouts and the building's penthouses.
Building operations
Förena runs as a full-service new condominium. A 24-hour attended lobby anchors the staffing, and the amenity program is scaled to the building: a fitness center, a residents' lounge opening to an outdoor Zen garden, and a rooftop terrace — a wellness-and-social set tuned to the design-conscious downtown buyer.
As a condominium, ownership is flexible. Purchases clear through a condominium right-of-first-refusal rather than a co-op board interview, financing is not capped the way it is at co-ops, and pied-à-terre, investor, and LLC purchases are customary. Common charges, transfer provisions, and house rules follow the building's offering plan, which we help buyers read.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 1, 2026 | PHB | 3 BR · 3.5 BA · 2,052 sf | $5,950,000 | $2,900/sf | -4.8% |
| Dec 29, 2025 | 11A | 3 BR · 2.5 BA · 1,648 sf | $4,650,000 | $2,822/sf | -2.1% |
| Dec 6, 2024 | 5D | 2 BR · 2 BA · 1,298 sf | $3,100,000 | $2,388/sf | -11.4% |
| Apr 1, 2024 | 10ASponsor Sale | 3 BR · 3.5 BA · 1,808 sf | $4,475,000 | $2,475/sf | -14.8% |
| Nov 30, 2023 | 6B | 1 BR · 1 BA · 665 sf | $1,598,000 | $2,403/sf | +0.0% |
| Jan 17, 2023 | 9DSponsor Sale | 1 BR · 1 BA · 796 sf | $1,649,000 | $2,072/sf | -3.0% |
| Dec 14, 2022 | 10CSponsor Sale | 3 BR · 3 BA · 1,659 sf | $4,620,000 | $2,785/sf | -8.5% |
| Nov 15, 2022 | 8BSponsor Sale | 3 BR · 3 BA · 1,958 sf | $5,400,000 | $2,758/sf | -8.1% |
Market read. Most recent trades (2026) cleared a median $2,900/sf across 1 sale. 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 1-00816-7504) 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
This is new construction with the flexibility that implies. Financing is not capped the way it is at co-ops, the purchase process is condominium-standard — a right-of-first-refusal rather than a board package — and pied-à-terre and investor purchases are customary. Buyers should evaluate floor and exposure carefully given the building's corner siting, weigh which homes carry private outdoor space, and read the offering plan for common charges, the tax picture, and house rules. The architectural quality and the three-neighborhood location are the durable value here.
What to know if you’re selling
Lead with the design and the corner. A Morris Adjmi building at the Chelsea–Flatiron–Village seam is a genuine differentiator in a market crowded with anonymous glass. Benchmark to design-driven downtown condominiums, not to commodity new construction. The condominium structure is a selling point — a faster, more predictable closing than a co-op resale — and outdoor space and light command a premium in this segment, so position those homes accordingly. The 14th Street transit access and walkability to three neighborhoods round out the pitch.
Comparable buildings
If you're considering Förena, also evaluate these nearby downtown condominiums:
- 100 West 15th Street — Chelsea condominium nearby
- 121 West 19th Street — Chelsea boutique condominium
- 2 Fifth Avenue — Greenwich Village cooperative at Washington Square
- 24 Fifth Avenue — Emery Roth's 1926 Greenwich Village cooperative
- 141 Fifth Avenue — Flatiron condominium conversion
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
Considering a move at Förena?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Förena 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.