Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,525,000

· Closed September 29, 2023

515 W 18TH Street #1403
Closed For Sale Condo

$3,525,000

$2,463 per sq ft

515 W 18TH Street #1403

Chelsea, Manhattan

LANTERN HOUSE

MLS® #RLS10904438

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2.5

Baths

1,431

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,431 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $2,048/mo
Property Taxes $36,708/yr
Parking Garage
Neighborhood Chelsea
Floor 14 of 21

Property Highlights

  • Exposure: South facing
  • Parking: Private garage
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full, 1 Half
Floor 14 of 21
Exposure South
Pets Yes
Cross Street HIGH LINE and 11 AVENUE
Year Built 2021 (New)
Living Area 1,431 sq ft
Parking Garage Available
Parcel # 0690-1349

Listing History

Event Date Price Change
Listed Jan 30, 2023 $3,950,000 -
Currently May 1, 2026 $3,525,000 -10.8%

Description

BEAUTIFUL LIGHT AND VIEWS FROM THIS SPLIT TWO-BEDROOM HOME WITH 60 FEET OF SOUTHERLY EXPOSURE.

LANTERN HOUSE, enlightened living by Related. Closings Underway.

Designed by Heatherwick Studio with interiors by March and White Design, the architecture is brilliantly crafted with materials to stand the test of time. Clad in handsome brick and warm bronze, this 22-story condominium flanks the High Line Park 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. Dramatic three-dimensional bay windows are featured in every room at Lantern House offering charm, character and enhanced light and views keeping residents and their sense of home at the center of its design ethos.

Residence 1403 is a grand two-bedroom, 2.5 bath home that offers south exposures with panoramic open city views. The gracious foyer and oversized great room lead to beautiful interiors that feature a generous kitchen custom designed by March & White and including custom bronze finished trim and hardware, Gaggenau appliances including wine refrigeration, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, Calacatta Venato marble slab countertops and backsplash, 5" wide plank French oak flooring, in-residence washer and dryer and ceiling heights of up to 10'9". The master bedroom includes a walk-in closet and the en-suite master bathroom features Nestos Beige marble slab flooring and walls, Polished Opal White marble countertops, a built-in mirror and medicine cabinet with custom-designed bronze-finished metal and specialty glass wall sconces and fluted mirror panels, custom vanity, wall-mounted Toto toilet and radiant floor heating. The secondary bedroom features an en-suite bathroom with Cristallo Pearl honed marble flooring and polished marble wet walls with custom vanities, oak cabinetry and Cristallo Pearl counters. The powder room features a Polished Black Onyx slab feature wall and Hone Black Onyx floors.

An unparalleled suite of amenities and Related's best-in-class services complement the architecture and interiors to provide an unrivaled experience. Health and well-being are central to the amenity program at Lantern House featuring 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 and meditation room overlooking the High Line Park. Additional resident amenities include an outdoor courtyard nestled underneath the High Line, playroom, co-working lounge, library, game room, private dining room, media lounge and rooftop terrace. Residents of Lantern House will also enjoy exclusive programming, community events and preferred access, tickets and other benefits to an elite segment of art, media, fashion, culinary, wellness and cultural experiences provided by Related Life. Parking and storage are available for additional fee.

Exclusive Sales & Marketing Agents: Related Sales LLC & Corcoran Sunshine Marketing Group. The complete offering terms are available from Sponsor, 18th Highline Associates L.L.C., c/o The Related Companies, L.P., 30 Hudson Yards, New York, NY 10001 File No. CD18-0278. Equal Housing Opportunity.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $2,048/mo
RE Taxes $36,708/yr ($3,059/mo)
Original Price $3,950,000
Sale Price $3,525,000
Previous Price $3,950,000

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

303

Median Asking Price

$1.89M

Median $/Sqft

$1,821

Avg Days on Market

N/A

New This Week

18

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.97M

Live data from RLS at REBNY • Updated 5/1/26, 10:01 AM EST

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Location

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515 W 18TH Street #1403, Chelsea, New York County • Near HIGH LINE and 11 AVENUE

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 $2,048 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $36,708, or roughly $3,059 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,431 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $3,525,000 for 1,431 sq ft, the asking price per square foot is approximately $2,463. 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: RLS10904438
First Listed: 1/30/2023
Price Changed: 10/25/2023
Closed: 9/29/2023
Contract Date: 1/30/2023

Listing Courtesy of Corcoran Group - Sales Office Lantern House

Listing Contact: (212) 796-0515

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 5/1/2026 at 2:01 PM UTC

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