Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,300,000

· Closed May 30, 2024

515 W 18TH Street #505
Closed For Sale Condo

$2,300,000

$2,026 per sq ft

515 W 18TH Street #505

Chelsea, Manhattan

LANTERN HOUSE

MLS® #RLS10963413

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

2

Baths

1,135

Sq. Ft.

2020

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 1,135 sq ft
Year Built 2020
Ownership Condo
HOA/Common Charges $1,607/mo
Property Taxes $30,636/yr
Parking Garage
Neighborhood Chelsea
Floor 5 of 22

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 5 of 22
View Park Greenbelt
Exposure East
Cooling Central Air
Pets Yes
Year Built 2020 (New)
Living Area 1,135 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0690-1246
Block/Lot 00690/0000

Listing History

Event Date Price Change
Listed Feb 1, 2024 $2,600,000 -
Price Reduced May 31, 2024 $2,399,000 -7.7%
Currently Apr 30, 2026 $2,300,000 -4.1%

Description

Oversized 1-bed, 2 bath condo overlooking the High Line Park! This highly desirable, turnkey apartment is the largest 1-bed layout in the building. The unique home offers a separate dining/study alcove and sunny eastern exposures with High Line and city views. The gracious foyer and oversized great room lead to beautiful interiors that feature a generous kitchen custom designed by March & White, Gaggenau appliances including wine refrigeration, Waterworks fixtures, custom fluted oak cabinetry and Calacatta Venato marble slab countertops and backsplash. The bedroom easily fits a king-sized bed and features a large walk-in closet, customized by California Closets. The 5-fixture primary bathroom features marble slab flooring and walls, marble countertops, Waterworks fixtures, a built-in mirror and medicine cabinet, custom vanity, wall-mounted Toto toilet and radiant floor heating. The home has a second full bathroom, 5" wide plank oak flooring, oversized in-unit W/D, electric shades and upgraded Lutron lighting system with recessed lighting throughout. Pets welcome!

Lantern House is a full-service condominium with 24-hour doorman, live-in super and concierge. The building features a 75' swimming pool, infrared sauna, cold plunge, hot tub, massage/treatment room, steam rooms, a state-of-the-art Health Club programmed and managed by Equinox and a yoga room overlooking the High Line Park. Additional resident amenities include an outdoor courtyard, playroom, co-working lounge, library, game room, private dining room, media lounge, garage and rooftop terrace. Located in the most desirable part of West Chelsea and just moments from Hudson River Park, Hudson Yards, Meatpacking District, the Gallery District and the West Village.

Features & Amenities

Interior Features

Smoke Free Building Washer Dryer Install Allowed Building Other In Unit

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Common Playroom Concierge Elevators Game Room Green Building Indoor Pool Sauna Screening Room Steam Room Sauna

Appliances

Washer Dryer Allowed

Building Information

Building LANTERN HOUSE
Building Data View Compliance & Permits
Total Units 181
Stories 22
Structure HighRise

Financial Details

Common Charges $1,607/mo
RE Taxes $30,636/yr ($2,553/mo)
Original Price $2,600,000
Sale Price $2,300,000
Previous Price $2,399,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

307

Median Asking Price

$1.95M

Median $/Sqft

$1,806

Avg Days on Market

N/A

New This Week

15

Price Reduced

31%

Sold (30 Days)

37

Median Sale Price

$1.97M

Live data from RLS at REBNY • Updated 4/30/26, 4:08 AM EST

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Location

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515 W 18TH Street #505, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
23
Residential Units
R5B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,570,402
Land Value: $43,679
Exemptions: $6,920

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 13,002 SF
Building Area: 29,177 SF
Built FAR: 2.24
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,607 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $30,636, or roughly $2,553 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 1,135 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2020, making it approximately 6 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,300,000 for 1,135 sq ft, the asking price per square foot is approximately $2,026. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10963413
First Listed: 6/23/2023
On Market: 2/1/2024
Price Changed: 5/31/2024
Closed: 5/30/2024
Contract Date: 6/23/2023

Listing Courtesy of Douglas Elliman Real Estate - Justin Figari

Listing Contact: (917) 828-5335

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/30/2026 at 8:08 AM UTC

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