Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,575,000

· Closed July 21, 2025

515 W 18TH Street #507
Closed For Sale Condo

$3,575,000

$2,672 per sq ft

515 W 18TH Street #507

Chelsea, Manhattan

Lantern House

MLS® #RLS20017525

RLS at REBNY

Listing by Reserve Partners

2

Bedrooms

2

Baths

1,338

Sq. Ft.

2020

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,338 sq ft
Year Built 2020
Ownership Condo
HOA/Common Charges $2,091/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Chelsea
Floor 5 of 22

Property Highlights

  • Views: City
  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 5 of 22
View City
Exposure South
Pets Yes
Year Built 2020 (New)
Living Area 1,338 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0690-1248
Block/Lot 00690/1248

Listing History

Event Date Price Change
Listed Apr 19, 2025 $3,495,000 -
Currently Apr 26, 2026 $3,575,000 +2.3%

Description

Residence 507 is a sunny, impeccably upgraded two-bedroom, two-bath home with

dynamic southern views over The High Line Park, tree-lined 18th Street, and the new

Faena New York. The expansive main living area is anchored by two dramatic signature

lantern bay windows and enhanced by a custom Modo chandelier by Jason Miller

Studios, a sleek floating media console, and a 65" Sony Frame TV - all included with

the sale. Walls throughout are finished in a sophisticated lime wash, adding warmth and

depth to the interiors.

A stunning custom kitchen by March & White offers both style and substance, with

fluted oak cabinetry, Calacatta Venato marble slab countertops and backsplash,

Gaggenau appliances including wine refrigeration, bronze-finished trim and hardware,

and a sculptural suspended bronze-and-glass light fixture. Soaring ceilings up to 10'9",

5" wide-plank French oak floors, and an in-residence washer/dryer complete the

luxurious setting. The coat closet includes a custom closet control system, and all

windows throughout the home are outfitted with electronic shades for effortless

ambiance.

The serene primary suite features added high-hat and cove lighting, electronic blackout

shades, a 55" Sony Frame TV, and dual custom closet control systems in both the walk-

in and linen closets. The en-suite bath is clad in Nestos Beige marble with radiant-

heated floors, Polished Opal White marble countertops, a custom vanity, fluted mirrored

panels, bronze-accented lighting, wall-mounted Toto toilet, and a built-in medicine

cabinet.

The guest bedroom offers custom lighting, electronic window shade with manual

blackout curtains, and a custom closet control system. The adjacent bath is appointed

with Cristallo Pearl marble floors, polished marble wet walls, oak cabinetry, Cristallo

Pearl counters, and a custom California-style glass door for the shower. All marble

countertops in the residence have been treated with a stainproof stone protectant film

for lasting beauty.

Lantern House provides a truly elevated lifestyle with a 75" swimming pool, hot tub, cold

plunge, infrared sauna, steam rooms, massage/treatment room, and a cutting-edge

Health Club managed by Equinox. A yoga and meditation studio overlooks the High

Line, while additional amenities include an outdoor courtyard, playroom, co-working

lounge, library, game room, private dining room, media lounge, and rooftop terrace.

Residents also enjoy curated programming, exclusive events, and cultural access

through Related Life.

Features & Amenities

Interior Features

Dining Area Building None Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Information

Building Lantern House
Building Data View Compliance & Permits
Total Units 180
Stories 22
Structure HighRise

Financial Details

Common Charges $2,091/mo
RE Taxes Contact for details
Original Price $3,495,000
Sale Price $3,575,000
Previous Price $3,495,000

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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

22

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/26/26, 5:09 PM EST

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Location

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515 W 18TH Street #507, Chelsea, New York County

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 $2,091 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,338 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 $3,575,000 for 1,338 sq ft, the asking price per square foot is approximately $2,672. 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: RLS20017525
First Listed: 4/19/2025
On Market: 4/19/2025
Price Changed: 8/5/2025
Closed: 7/21/2025
Contract Date: 4/19/2025

Listing Courtesy of Reserve Partners - Steven M Ganz

Listing Contact: (212) 487-5050

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 4/26/2026 at 9:09 PM UTC

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