555 West 23rd Street (555W23)
555 West 23rd Street, New York, NY 10011
Chelsea
BBL 1006957503 · BIN 1012345
- Year built
- 2005
- Type
- Condominium
- Units
- 336
- Floors
- 14
- Landmark
- No
- Amenities
- Full-time doorman and concierge, an on-site parking garage, a health club, a residents' lounge and club lounge, a landscaped interior courtyard with a water fountain, a large sundeck, bike storage, and a laundry room — confirm the current amenity roster and any usage fees with the managing agent
- Pets
- Generally pet-friendly — confirm current terms with the managing agent
- Flip tax
- None documented — verify against the by-laws at offer stage
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,636
- Listing discount
- 2.1%
- Recorded sales
- 699
- On record
- 2005–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 555W23 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.
555W23 is one of the larger for-sale condominiums in West Chelsea, and it delivered new-construction condominium product to the neighborhood in the mid-2000s — before the High Line reopened as a park and before the surrounding gallery district filled in with the boutique glass towers that now define the corridor. Occupying a full block from West 23rd through to West 24th Street near the West Side Highway and the Hudson, the building sits at the western edge of Chelsea's art district, within a short walk of the High Line, Hudson River Park, and the galleries that line the low West Twenties.
The building's thesis is scale and amenity depth at a West Chelsea address. With roughly 336 residences across two connected red-brick buildings, 555W23 offers a breadth of inventory — from studios through larger family layouts — that the smaller, architecturally driven condominiums nearby cannot match. The landscaped interior courtyard, health club, and full staffing give it the operational profile of a full-service building rather than a boutique conversion, and the per-foot generally sits below the trophy glass towers that later rose along the High Line a block or two south.
Architecture and unit composition
Stephen B. Jacobs Group's design departs from the all-glass idiom that came to dominate West Chelsea. Two connected red-brick buildings — 14 stories facing West 23rd Street and 13 stories facing West 24th Street — frame a landscaped interior courtyard, giving many residences a quieter, garden-facing outlook rather than direct street exposure. Andi Pepper oversaw the interiors. The residences run from studios through larger multi-bedroom layouts; higher floors and the west-facing lines carry open city and Hudson-direction exposures. As with any 2000s condominium of this size, renovation quality and finish level vary line to line.
Building operations
555W23 runs as a full-service condominium: a full-time doorman and concierge, an on-site parking garage, a health club, a residents' lounge and club lounge, a landscaped interior courtyard with a water fountain, a large sundeck, bike storage, and a laundry room. Common charges reflect the staffing and amenity depth; the offering plan and current house rules are on file in The Roebling Research Library.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $214,843/yr
- Per unit / month range
- $0 – $53
- Modeled exposure split equally across 336 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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 FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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 2010–15 to 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
555W23 trades in the middle band of the West Chelsea condominium market. Recent closings have clustered below the per-square-foot levels of the newer trophy glass towers near the High Line, with a wide spread by line, floor, exposure, and renovation level given the building's size and unit variety. The scale of inventory means more frequent turnover and a broader entry point than the boutique buildings nearby. Apartment-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Aug 25, 2026 | S9P | 1 BA · 462 sf | $766,150 | $1,658/sf | off-mkt |
| Jun 18, 2026 | N5C | 1 BA · 465 sf | $750,000 | $1,613/sf | -3.2% |
| May 15, 2026 | S10L | 2 BR · 2 BA · 1,079 sf | $1,880,000 | $1,742/sf | -0.8% |
| May 8, 2026 | N4R | 1 BR · 1 BA · 499 sf | $780,000 | $1,563/sf | off-mkt |
| Dec 12, 2025 | S6D | 1 BR · 1 BA · 755 sf | $1,045,000 | $1,384/sf | -4.1% |
| Sep 29, 2025 | S10R | 852 sf | $1,175,000 | $1,379/sf | off-mkt |
| Aug 28, 2025 | S3Q | 1 BR · 1 BA · 634 sf | $1,042,500 | $1,644/sf | -4.8% |
| Aug 28, 2025 | N7H | 1 BR · 1 BA · 670 sf | $1,030,000 | $1,537/sf | -3.6% |
Market read. Most recent trades (2026) cleared a median $1,636/sf (recorded) across 4 sales. Median listing discount 2.1% 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.
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 1-00695-7503). 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.
At the recent median sale of $1.03M (12 sales since 2024), a buyer putting 25% down would pay about $46,926 to close, or 4.6% of the price.
- Mansion tax: $10,300
- Mortgage recording tax: $14,871
- Title insurance: $4,635
- Attorneys, lender, building fees, reserves and filings: $17,121
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Underwrite the exposure. With a courtyard configuration and a full-block footprint, outlook varies dramatically — a garden-facing line and a Hudson-facing high floor are different products. Confirm the specific line's light and view.
Weigh the amenity value. The full-service staffing, garage, health club, and courtyard are a genuine differentiator in a neighborhood of smaller buildings. If you will use the package, the carry buys more here than the monthly number suggests.
Condo flexibility is real. Pied-à-terre and investment use are accommodated under the declaration; subletting is permitted subject to the by-laws; closings run on a condominium timeline of roughly 30 to 45 days.
Model the full carry. Common charges plus property taxes plus utilities and insurance — run the complete monthly number, and confirm the tax picture given the building's vintage.
What to know if you’re selling
Lead with location and amenity depth. Full-service operations, a garage, and a landscaped courtyard steps from the High Line and Hudson River Park widen the buyer pool relative to smaller neighbors.
Position against the West Chelsea condominium set. Your comparable set is the surrounding Chelsea condominiums, not the trophy glass towers on the High Line.
Exposure and floor drive the spread. Hudson-direction views, higher floors, and renovated interiors carry the premium; garden-facing lines trade on quiet.
Closing timelines are condo-fast. 30 to 45 days from contract to closing.
Comparable buildings
- 515 West 23rd Street — nearby West Chelsea condominium on the same block
- 519 West 23rd Street — nearby West Chelsea condominium on the same block
- 525 West 22nd Street — nearby West Chelsea gallery-district condominium
- 456 West 19th Street — West Chelsea condominium to the south
- 447 West 18th Street — West Chelsea condominium near the High Line
- One High Line (500 West 18th Street) — the newer trophy condominium at the corridor's southern end
More Chelsea buildings
- 545 West 48th Street — 2015 condominium
- 550 West 29th Street — condominium by Hill West Architects
- 551 West 21st Street — 2015 condominium by Foster + Partners
- The Cortland, 555 West 22nd Street — 2022 condominium
- Five Sixty, 560 West 24th Street — 2013 condominium
- 655 Sixth Avenue (The O'Neill Building) — 1887 condominium by CetraRuddy Architects
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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