Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

515 W 18th Street #701

Pending · Listing by Compass

515 W 18th Street #701

Chelsea, Manhattan

$2,425,000

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Pending For Sale Condo

$2,425,000

$2,235 per sq ft

515 W 18th Street #701

Chelsea, Manhattan

MLS® #RLS20015700

RLS at REBNY

Listing by Compass

1
Bedroom
1.5
Baths
1,085
Sq. Ft.
2020
Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 1,085 sq ft
Year Built 2020
Ownership Condo
HOA/Common Charges $1,547/mo
Property Taxes $22,680/yr
Parking Garage
Neighborhood Chelsea
Floor 7 of 22

Property Highlights

  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 7 of 22
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2020
Living Area 1,085 sq ft
Parking Garage Available
Parking Features Garage, On Site
Structure Type HighRise
Furnished Unfurnished
Parcel # 0690-1276
Block/Lot 00690/1276

Listing History

Event Date Price Change
Listed Apr 10, 2025 $2,425,000 -
Currently Jul 25, 2026 $2,425,000 -

Description

Welcome to Lantern House, developed and managed by Related, designed by Heatherwick Studio, and with interiors by March and White Design. This 22-story condominium features three-dimensional windows with bronze detail and two towers that split the Highline. Residence 701 at Lantern House is a sophisticated one-bedroom, one-and-a-half-bath home that combines bold architecture with refined interior design. This west-facing residence in the west tower is pin-drop quiet and bathes in afternoon light. A gracious foyer with custom closets leads into an open concept living and dining area, where the details create a warm, elevated and clean aesthetic. The open kitchen is outfitted with Gaggenau appliances, Waterworks fixtures, Calacatta Venato marble slab countertops and backsplash, fluted cabinetry, a pantry, wine fridge and bespoke bronze trim—equal parts functional and stylish. The serene king-sized primary suite is packed with storage featuring custom built-in oak dresser and a walk-in closet with natural oak built-ins by California Closet. Here you will also find hardwired privacy and blackout shades by The Shade Store. The luxurious en-suite bath is wrapped in Nestos Beige marble slab, with radiant heated floors, polished opal white marble double vanity and bronzed Waterworks fixtures. You will also find a wall-mounted toilet by Toto, separate deep soaking tub and stall shower. The powder room is adorned with Black Onyx accent walls and floors, a Toto toilet and Waterworks fixtures. Additional features include wide-plank French oak flooring, a full-sized washer and dryer, temperature control by Nest and a smart home system by Lutron. Lantern House offers a suite of best-in-class amenities: a 75-foot pool beside the High Line, infrared sauna, cold plunge, hot tub, steam and massage rooms, and a fitness center curated by Equinox. A yoga and meditation room with park views, co-working lounge, library, playroom, private dining, and a rooftop terrace complete this unmatched offering. Located in the most desirable part of West Chelsea, Lantern House offers effortless access to Hudson River Park, Hudson Yards, the Meatpacking District, the Gallery District, and the West Village.

Features & Amenities

Interior Features

Sauna Building Washer Dryer Install Allowed Common On Floor Common Area

Building Amenities

Elevators

Building Information

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

Financial Details

Common Charges $1,547/mo
RE Taxes $22,680/yr ($1,890/mo)

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

282

Median Asking Price

$1.66M

Median $/Sqft

$1,867

Avg Days on Market

N/A

New This Week

7

Price Reduced

37%

Sold (30 Days)

42

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 7/24/26, 10:51 PM EST

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Location

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515 W 18th Street #701, Chelsea, New York County

Virtual Tour

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 $1,547 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $22,680, or roughly $1,890 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,085 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $2,425,000 for 1,085 sq ft, the asking price per square foot is approximately $2,235. 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 milton@miltoncoste.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: RLS20015700
First Listed: 4/10/2025
On Market: 4/10/2025
Price Changed: 4/10/2025
Pending Since: 5/12/2025
Contract Date: 3/12/2025

Listing Courtesy of Compass - Ryan Garson

Listing Contact: (561) 405-0945

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 7/25/2026 at 2:51 AM UTC

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Chelsea Market Update

42 sales last 30 days · $1.66M median · 6.7 months supply

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Quick Facts

Status Pending Type Condo Neighborhood Chelsea Borough Manhattan
County New York
Floor 7 of 22
Year Built 2020
First Listed 4/10/2025
Parking Garage
Living Area 1,085 sqft
Common Charges $1,547/mo
Annual Tax $22,680

Monthly Costs Estimate

Down Payment 20%

$485,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,547
Est. Taxes $1,890
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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