- Year built
- 1900
- Type
- Cooperative
- Units
- 16
- Floors
- 9
- Landmark
- No
- Pets
- Pet-friendly under cooperative rules; dogs subject to board approval
- Subletting
- Permitted under cooperative rules, typically after an owner-occupancy period; confirm current terms with the board
Every recorded sale at this building, 2006–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,506
- Listing discount
- 0.0%
- Recorded sales
- 13
- On record
- 2006–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 575 Avenue of the Americas 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.
575 Avenue of the Americas — 575 Sixth Avenue — is a boutique loft cooperative at the corner of West 16th Street, on the Chelsea stretch of Sixth Avenue where Chelsea, Flatiron, and Union Square meet. Built in 1900, it is a nine-story masonry loft building of the type that lined Sixth Avenue during its commercial heyday, converted to a 16-unit cooperative. The location is one of the most connected in the neighborhood: steps from Union Square, the Flatiron District, and the transit that converges there.
What buyers respond to here is the pairing of true loft character with a boutique co-op's scale and price basis. The residences carry the proportions of a turn-of-the-century loft building — high ceilings, large windows, and deep floor plates — in a small, low-density building on a prime corner. As a cooperative, it offers loft living at a co-op's ownership structure and a room-based price basis, a distinct value proposition against the neighborhood's newer condominiums.
The building is for buyers who want an authentic Chelsea loft in a boutique co-op on one of the neighborhood's best-connected corners.
Architecture and unit composition
575 Sixth Avenue is a 1900 masonry loft building — brick and stone, nine stories, built for the commercial life of Sixth Avenue at the turn of the century and later converted to residential cooperative use. The building reads as a solid, well-proportioned loft structure on its corner, a survivor of the avenue's earlier era.
Inside, the 16 cooperative residences carry the character of the original loft floors: high ceilings, large windows, and open, flexible layouts. The corner position gives many residences strong light and multiple exposures. With so few apartments in the building, the specific floor, exposure, and layout of each residence drive value, and the loft geometry gives the better units a genuine sense of scale rare among the neighborhood's cooperatives.
Building operations
575 Avenue of the Americas operates as a boutique loft cooperative with an elevator and the practical services appropriate to a 16-unit building. That is a sensible scale — the essentials of a well-run co-op without the overhead of a full-service tower. Maintenance reflects the modest services and the realities of a turn-of-the-century masonry building; buyers should model the full monthly carry and review reserves and any capital or façade history during due diligence, as is prudent for a converted loft building of this age.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $7,521/yr
- Per unit / month range
- $0 – $39
- Modeled exposure split equally across 16 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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
As a cooperative, 575 Avenue of the Americas prices on a price-per-room basis, with floor, light, loft proportions, exposure, and the specific layout of each residence driving value. Turnover is light in a 16-unit building, and pricing is genuinely apartment-specific — the character and configuration of the individual loft matter more than any building average. The corner location and the authentic loft character support pricing for homes that present their scale and light well.
Recent transfers 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 |
|---|---|---|---|---|---|
| Jul 29, 2025 | 6B | 2 BR · 1,000 sf | $1,700,000 | $1,700/sf | -9.3% |
| Nov 7, 2024 | 7B | 2 BR · 2 BA | $2,175,000 | -5.4% | |
| Nov 15, 2017 | 9B | 1 BR · 2 BA · 1,300 sf | $2,275,000 | $1,750/sf | +3.4% |
| Mar 22, 2017 | 4A | 2 BR · 1,350 sf | $2,075,000 | $1,537/sf | -9.6% |
| Dec 3, 2015 | 9A | 2 BR · 1.5 BA · 1,432 sf | $1,700,000 | $1,187/sf | +3.0% |
| Aug 18, 2014 | 5B | 1 BR · 700 sf | $950,000 | $1,357/sf | +5.6% |
| Nov 9, 2012 | 9B | 1 BR · 2 BA · 1,300 sf | $1,695,000 | $1,304/sf | +6.3% |
| Jun 10, 2009 | 5B | 1 BR · 700 sf | $700,000 | $1,000/sf | +0.0% |
Market read. Most recent trades (2025) cleared a median $1,506/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Dec 10, 2009 | 8B | $925,000 |
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 1-00792-0033). 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 on co-ops is not officially recorded, figures shown are approximate.
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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Authentic loft character is the draw. High ceilings, large windows, and open layouts in a real 1900 loft building — the proportions are the differentiator.
It's a boutique co-op, priced by the room. As a cooperative, the price basis and ownership structure differ from the neighborhood's condominiums — often a value proposition for genuine loft space.
The corner and the location are assets. At Sixth Avenue and 16th Street, steps from Union Square and Flatiron, the site is among the best-connected in Chelsea.
Board approval and coop rules apply. Purchase requires board approval; pied-à-terre and subletting are case-by-case under the cooperative's rules — confirm current terms before you commit.
Mansion tax thresholds apply. At this building's pricing, the $1M and higher cliffs can be in play. Run pricing through the Mansion Tax Calculator.
Variable board financial policy — confirm at offer stage. Financing limits, sublet terms, and any flip tax should be confirmed in writing before you commit.
What to know if you’re selling
Lead with the loft and the corner. Authentic turn-of-the-century loft space on a prime Chelsea corner is a specific, marketable story.
Pricing is apartment-specific. With 16 residences, floor, light, exposure, and layout all move the number; comps must be read carefully.
Present the scale and the light. Photography that reads the ceiling heights, the windows, and the corner exposures supports price.
Comparable buildings
If you're considering 575 Avenue of the Americas, also evaluate these Chelsea and Flatiron-border buildings:
- 130 West 16th Street — nearby Chelsea building
- 131 West 16th Street — nearby Chelsea building
- 253 West 16th Street — nearby Chelsea building
- 121 West 17th Street — nearby Chelsea building
- 154 West 18th Street — nearby Chelsea building
More Chelsea buildings
- 550 West 29th Street — condominium by Hill West Architects
- 551 West 21st Street — 2015 condominium by Foster + Partners
- 555 West 23rd Street (555W23) — 2005 condominium by Stephen B. Jacobs Group
- 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.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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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