Förena
540 Sixth Avenue, New York, NY 10011
BBL 1008167504 · BIN 1091642
- Year built
- 2020
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted with conditions
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Doorman
- Full-time doorman
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, 2026 to date
- $2,900
- 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 53
- On record
- 2022–2026
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.
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, there is no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process. Pied-à-terre use is permitted and leasing is permitted with conditions; confirm financing, investor and LLC ownership rules in the current declaration, bylaws and house rules. Common charges, transfer provisions, and house rules follow the building's offering plan, which we help buyers read.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $20 per person | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Move Out Fee | Paid by Seller | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Refundable |
Rental or lease
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Landlord | When With the application | Amount $500 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $20 per Applicant | Refundable Non-refundable |
| Move In Fee | Paid by Tenant | When With the application | Amount $500 | Refundable Non-refundable |
| Processing Fee | Paid by Tenant | When With the application | Amount $700 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,000 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,000 | Refundable Refundable |
Alteration
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Processing Fee | Paid by Resident | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Security Deposit | Paid by Resident | When Upon approval | Amount $15,000 (The Board reserves the right to request additional deposit based on scope of work). | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Guarantors
- PermittedSource: building management's published schedule, as of September 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for an employed child
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for a student child
- PermittedSource: building management's published schedule, as of September 2026
- Purchase or lease by a corporation
- PermittedSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Permitted with conditionsWith ApprovalSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of September 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of September 2026
- In-unit washer/dryer
- PermittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $892 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.75 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.82 per square foot a monthMedian of 6 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $2.08 per square foot a monthMedian of 6 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Amenities noted
- Fitness room, residents' lounge, roof deckSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $8,510/yr
- Per unit / month range
- $0 – $14
- Modeled exposure split equally across 50 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
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 |
|---|---|---|---|---|---|
| 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 to date) cleared a median $2,900/sf (recorded) 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; each condominium apartment is its own tax lot). 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.
Closed rents at Förena, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 2 | $8,450 |
| 2 bedroom | 2 | $12,750 |
5 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Förena and nearby.
At the recent median sale of $4.65M (3 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $190,099 to close, or 4.1% of the price.
- Mansion tax: $69,750
- Mortgage recording tax: $67,134
- Title insurance: $20,925
- Attorneys, lender, building fees, reserves and filings: $32,290
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Förena and its market
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What to know if you’re buying
This is new construction with condominium terms. There is no co-op board package — purchases run through the condominium's right-of-first-refusal process — and pied-à-terre use is permitted; confirm financing and investor-purchase rules in the declaration and bylaws. 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 — confirm the actual approval and waiver deadlines in the governing documents — and outdoor space and light should be assessed against dated matched sales, 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 building 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
More Flatiron buildings
- 254 Park Avenue South — 1913 condominium
- 260 Park Avenue South — 1911 condominium
- 278 Park Avenue South (Gramercy Place) — 1894 condominium by Philip Birnbaum & Associates
- 568 Avenue of the Americas — co-op
- The Cammeyer, 650 Avenue of the Americas — 1892 condominium
- 874 Broadway (The McIntyre Building) — 1890 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
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.
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.
646.939.7375 · c.cohen@compass.com