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Condominium · 1887
The O'Neill Building
655 Sixth Avenue, New York, NY 10010
Buildings·Chelsea·Condominium

655 Sixth Avenue (The O'Neill Building)

655 Sixth Avenue, New York, NY 10010

Chelsea

BBL 1007967504 · BIN 1087522

At a glance
Year built
1887
Type
Condominium
Floors
7
Amenities
Approximately 4,000-square-foot landscaped common roof deck with outdoor kitchen and dining areas, private storage, central laundry room; washer/dryers appear in residences per listing records
Landmark status
Not an individual landmark; in the Ladies' Mile Historic District
NYC Landmarks Preservation Commission records, updated February 2026
Pets
Pets permitted; species and limits not stated
Doorman
Full-time doorman

The O'Neill Building sales history: 114 recorded sales

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The Data Room

Every recorded sale at this building, 2006–2026

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

Median $/sf, 2026 to date
$1,747
floor-adjusted, 3 sales
Listing discount
2.9%
Recorded sales
114
On record
2006–2026
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The O'Neill Building 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.

As cited in The Wall Street Journal★ 92 reviews on Google

The O'Neill Building is one of the historic Ladies' Mile department stores — an 1887 cast-iron emporium built for the Belfast-born retailer Hugh O'Neill, whose name still reads in relief across the pediment. Mortimer C. Merritt's design, with its white-painted Corinthian orders and rounded corner towers, anchored the Sixth Avenue retail spine in the decades when the elevated train delivered the city's shoppers to its doors. The reviewed historical account describes the store’s subsequent changes: O'Neill merged with the Adams Dry Goods store on the block to the north in 1906, the merged company closed in 1907 as garment manufacturing displaced retail, and by the 1920s the great selling floors had become lofts — the corner domes demolished along the way.

The 2007 conversion is what makes the building a residential proposition, and it was done at an unusual level of ambition. Elad Properties acquired the building in 2003 and converted it to 49 condominium lofts to a CetraRuddy design, with the Landmarks Preservation Commission's approval conditioned on reinstating the long-lost domes — which now sit regilded above the corner towers. The two-story penthouse addition required a zoning-lot merger and easement agreement with the Congregation Shearith Israel, whose early-1800s cemetery sits behind the building on West 21st Street — a piece of deal architecture as distinctive as the building itself, and one that effectively borrowed the cemetery's unused development rights to create five duplex penthouses with terraces.

The result occupies a scarce position: true 19th-century loft volume — rounded turret rooms, oversized windows, near-3,000-square-foot floor plates — inside a full-service doorman condominium, in a historic district that protects the streetscape. Most cast-iron loft conversions downtown are boutique walk-up-scale buildings run lean; the O'Neill pairs the loft envelope with 24-hour staff and a 4,000-square-foot landscaped roof deck. That combination, plus the Ladies' Mile location between Chelsea and Flatiron, is the building's durable market thesis.

Architecture and unit composition

The facade is the asset the district protects: five stories of cast iron painted to read as stone, organized in Corinthian bays with taller, broader glazing on the lower three floors — the legible DNA of a department store designed to flood selling floors with light. The two penthouse levels sit back from the street wall, deliberately subordinate; the restored corner domes carry the silhouette.

Inside, the 49 residences run from one-bedrooms through three- and four-bedroom lofts approaching 3,000 square feet, with the five duplex penthouses above. The signature inventory is the corner lines, whose living spaces wrap the window-banded curve of the towers — and the penthouses, where the largest spans roughly 4,800 square feet inside with some 2,500 square feet of terraces, including a bonus room inside one of the domes itself. Ceiling heights, column spacing, and window scale are genuine 1887 loft fabric; the finishes are conversion-era and have been re-renovated in many units since.

Building operations

Full-service condominium: 24-hour doorman and concierge, live-in-superintendent-scale staffing, private storage, central laundry plus in-unit washer/dryers per listing records, and the landscaped roof deck with outdoor kitchen. The retail base is a separate commercial condominium unit — residents do not carry the retail space, but should understand the commercial unit's voting and cost-allocation framework in the by-laws. The offering-plan amendment set on file in The Roebling Research Library documents the conversion's certificate-of-occupancy history, early budgets, and unit changes; it is the right starting point for attorney diligence.

Pets and in-unit washer/dryer

Pets
Pets permitted; species and limits not statedSource: The Roebling Team's building profile
In-unit washer/dryer
Not verified

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

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The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Monthly carrying charges in recent sales

Common charges + taxes, per room
$968 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges + taxes, per square foot
$2.99 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges alone, per square foot
$1.45 per square foot a monthMedian of 8 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Real estate taxes alone, per square foot
$1.45 per square foot a monthMedian of 8 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: The Roebling Team's building profile
Concierge
YesSource: recent listing records
Elevator
YesSource: NYC Department of Buildings elevator records
Amenities noted
Roof deck, storage, laundry roomSource: 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

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$2,423/yr
2030–2034 annual penalty
$112,975/yr
Per unit / month range
$4 – $200
Modeled exposure split equally across 47 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 September 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2027
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.

See the full facade history →

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.

DateUnitApartmentPricePPSFvs. Ask
Sep 23, 20262E
2 BR · 2.5 BA · 1,620 sf
$2,950,000$1,821/sf-1.6%
Sep 10, 20265D
2 BR · 2.5 BA · 1,517 sf
$2,650,000$1,747/sf-1.7%
Jan 13, 20262K
1,022 sf
$1,664,000$1,628/sf—
Aug 7, 20252E
2 BR · 2.5 BA · 1,620 sf
$2,765,000$1,707/sf-3.0%
Apr 29, 20255K
1 BR · 1.5 BA · 984 sf
$1,690,000$1,717/sf-0.3%
Apr 22, 20255F
2 BR · 2 BA · 1,231 sf
$2,050,000$1,665/sf+0.0%
Jul 2, 20244H
1 BR · 1.5 BA · 1,003 sf
$1,670,000$1,665/sf-1.5%
Jun 14, 20245E
2 BR · 2.5 BA · 2,345 sf
$3,000,000$1,279/sf-33.3%

Market read. Most recent trades (2026 to date) cleared a median $1,747/sf (floor-adjusted) across 3 sales. 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 2.9% 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.

3A · 970 sf+83%
$941,881 ($971/sf) 2006 → $1,600,000 ($1,649/sf) 2013 → $1,720,000 ($1,773/sf) 2016
4J · 984 sf+73%
$1,069,162 ($1,087/sf) 2007 → $1,845,000 ($1,875/sf) 2015
4C · 1,321 sf+69%
$1,568,105 ($1,187/sf) 2007 → $2,648,000 ($2,005/sf) 2015
5H · 2,168 sf+66%
$2,545,625 ($1,174/sf) 2007 → $4,000,000 ($1,845/sf) 2016 → $4,220,000 ($1,946/sf) 2018
2A · 1,366 sf+65%
$1,451,006 ($1,062/sf) 2006 → $1,390,000 ($1,018/sf) 2010 → $2,400,000 ($1,757/sf) 2017
View all 114 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 1-00796-7504; 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.

Rents · The Roebling Index

Closed rents at The O'Neill Building, last 36 months

$101median rent per sq ft per year
SizeLeasesMedian / month
1 bedroom2$7,950
2 bedroom2$11,487

4 closed leases, October 2023 to September 2026. Most recent lease January 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.

For owners

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 The O'Neill Building and nearby.

What would buying here cost?

At the recent median sale of $2.35M (6 sales in the past 24 months, since October 25, 2024), a buyer putting 25% down would pay about $97,888 to close, or 4.2% of the price.

  • Mansion tax: $29,375
  • Mortgage recording tax: $33,928
  • Title insurance: $10,575
  • Attorneys, lender, building fees, reserves and filings: $24,010

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.

The Roebling Report

Keep up with The O'Neill Building and its market

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Notable residents

  • Mariska Hargitay — the Law & Order: SVU star bought a duplex penthouse at the building in 2007 and sold it in 2008, a transaction covered by the real estate press; the unit's later listings drew coverage from Robb Report and Fox Business

What to know if you’re buying

You are buying protected fabric. The Ladies' Mile Historic District covers the facade, the domes, and the streetscape; exterior alterations run through Landmarks. Designation requires applicable preservation review but does not guarantee unchanged neighboring development or views; confirm permits for proposed window or envelope changes.

The corner lines are the building. Compare wrapped turret rooms and mid-block lines using their actual dimensions, exposure, condition and dated matched sales rather than assume exclusivity or a fixed price discount.

Condo mechanics differ from a co-op's. There is no co-op board interview; purchases run through the condominium's application and right-of-first-refusal process. Confirm trust, LLC and pied-à-terre rules in the current declaration, bylaws and house rules with the managing agent and your attorney.

Read the conversion documents, not just the listing. The amendment set on file documents the penthouse combination, the certificate-of-occupancy sequence, and the early budget reset (a 24 percent common-charge increase in the first resident-board year). Two decades on, the relevant question is the current budget and reserve posture — have your attorney review the latest financials alongside the historical record.

Mansion tax applies at nearly every price point here. Run the Mansion Tax Calculator at the intended price and understand the thresholds before you negotiate.

What to know if you’re selling

Market the narrative with precision. Hugh O'Neill, 1887, Merritt's cast iron, the demolished-and-regilded domes, the cemetery air-rights deal behind the penthouses — this is the best-documented story on the avenue, much of it carried in The New York Times. Buyers in this tier respond to verifiable history, not adjectives.

Position against both Chelsea and Flatiron. The building sits on the seam, and the buyer pool cross-shops loft conversions on both sides of Sixth Avenue plus the newer Flatiron towers. The pitch is singularity: full-service staffing and a roof deck inside an 1887 cast-iron landmark district building — a combination the comps cannot replicate.

Anchor to line-specific history. The spread between tower corners, penthouses, and mid-block lines is wide; building-average price per foot will misprice your unit in either direction. Same-line trades are the anchor.

Comparable buildings

If you're considering 655 Sixth Avenue, also evaluate:

  • The Cammeyer (650 Sixth Avenue) — the converted Ladies' Mile shoe emporium directly across the avenue; the closest like-for-like
  • Chelsea Mercantile (252 Seventh Avenue) — the neighborhood's large-scale loft conversion benchmark, one avenue west
  • 141 Fifth Avenue — domed pre-war conversion on the Flatiron side; similar crown-and-cupola character
  • 15 Union Square West — the former Tiffany & Co. cast-iron building reimagined as condos; the conceptual peer two squares east
  • 212 West 18th Street (Walker Tower) — Chelsea's top-tier pre-war conversion; the price-ceiling reference
  • 45 East 22nd Street — the new-construction Flatiron tower alternative for buyers weighing loft character against amenity depth
  • The Grand Madison (225 Fifth Avenue) — large-floor-plate pre-war conversion on Madison Square; the NoMad-side alternative

More Chelsea buildings

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.

Considering a move at The O'Neill Building?

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com