---
title: "515 West 18th Street #701, New York City, NY 10011"
description: "515 West 18th Street #701, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $2,425,000. In contract 5/12/2025. 1 bed, 2 bath, 1,085 sqft Illustrative Buyer Commission Share of $36,375 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/515-west-18th-street-701-ny-10011"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 515 West 18th Street #701, New York City, NY 10011

Chelsea, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $2,425,000
- **Status**: In contract 5/12/2025
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Total Baths**: 2
- **Sqft**: 1,085
- **Common Charges**: $1,547 / mo
- **Monthly Taxes**: $1,890 / mo
- **Price per Sqft**: $2,235
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $2,425,000
- **Illustrative Buyer Commission Share**: -$36,375*
- **Illustrative Net Cost**: $2,388,625

*Illustrative Buyer Savings of $36,375 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![515 West 18th Street #701, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a5f9f14c-6f86-425c-90bd-0318ad88dfd3.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d7ec84a-0b81-4735-b8ed-d0cd9b985980.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/82449730-f0d1-43fb-a2bd-ca9c020a90dd.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3252510a-bff6-4ae6-9303-5a255c34a79a.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f944733-7e83-490b-a783-f14098e518c7.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d09ab08-6271-4cee-9c03-0583a12192fe.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5922b67d-97cf-484d-9931-3a1c99b7eff4.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b433c5a0-882d-4742-86d1-b4faecf5c74d.png)
![515 West 18th Street #701, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3f3f240-586c-4051-a1da-d64ae1376acc.jpg)
![515 West 18th Street #701, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d9880fe-6be9-4144-ab84-769b41e3563a.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Total Baths**: 2
- **Rooms**: 3
- **Sqft**: 1,085 sqft
- **Stories**: 22
- **Year Built**: 2020
- **Price per Sqft**: $2,235
- **Common Charges**: $1,547 / Monthly
- **Monthly Taxes**: $1,890 / mo
- **Listed On**: Apr 10, 2025
- **Days on Market**: 525 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Garage
- On Site
- Sauna

### Building Amenities

- Garage
- On Site

## Estimated Monthly Payment

**$15,699 / month**, assuming a 20% down payment ($485,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $12,262
- **Property Taxes**: $1,890
- **Common Charges**: $1,547

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

141 apartments at 515 West 18th Street have recorded sales since September 2021, the most recent for $1,995,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 308 (Apartment) | 1 | 868 | $1,995,000 | $2,298/ft² | April 16, 2026 | City record · MLS |
| 403 (Apartment) | 1 | 778 | $1,900,000 | $2,442/ft² | April 10, 2026 | City record · MLS |
| 503 (Apartment) | 1 | 778 | $1,940,000 | $2,494/ft² | February 10, 2026 | City record · MLS |
| 603 (Apartment) | 1 | 778 | $1,915,000 | $2,461/ft² | January 30, 2026 | City record · MLS |
| 210 (Apartment) | 2 | 1,403 | $2,950,000 | $2,103/ft² | October 9, 2025 | City record |
| 510 (Apartment) | 2 | 1,403 | $3,615,000 | $2,577/ft² | October 1, 2025 | City record · MLS |
| 1104 (Apartment) | 3 | 2,536 | $8,300,000 | $3,273/ft² | August 27, 2025 | City record · MLS |
| 1401 (Apartment) | 3 | 2,103 | $6,400,000 | $3,043/ft² | July 23, 2025 | City record · MLS |
| 701 (Apartment) | 1 | 1,085 | $2,350,000 | $2,166/ft² | July 23, 2025 | City record |
| 507 (Apartment) | 2 | 1,338 | $3,575,000 | $2,672/ft² | July 21, 2025 | City record · MLS |
| 517 (Apartment) | 1 | 1,098 | $2,750,000 | $2,505/ft² | July 15, 2025 | City record · MLS |
| 1102 (Apartment) | 2 | 1,654 | $4,700,000 | $2,842/ft² | June 18, 2025 | City record · MLS |
| 515 (Apartment) | 3 | 1,591 | $4,450,000 | $2,797/ft² | June 16, 2025 | City record · MLS |
| 802 (Apartment) | 3 | 1,941 | $5,200,000 | $2,679/ft² | March 26, 2025 | City record · MLS |
| 805 (Apartment) | 1 | 1,156 | $2,600,000 | $2,249/ft² | March 10, 2025 | City record · MLS |
| 217 (Apartment) | 2 | 1,091 | $2,500,000 | $2,291/ft² | November 27, 2024 | City record · MLS |
| P1015 (Apartment) | 3 | 2,153 | $6,750,000 | $3,135/ft² | November 22, 2024 | City record · MLS |
| 910 (Apartment) | 3 | 2,456 | $5,750,000 | $2,341/ft² | October 21, 2024 | City record · MLS |
| 2104 (Apartment) | 3 | 2,167 | $6,695,000 | $3,090/ft² | October 16, 2024 | City record · MLS |
| 1204 (Apartment) | 4 | 2,536 | $6,318,465 | $2,492/ft² | September 6, 2024 | City record · MLS |
| 708 (Apartment) | 1 | 868 | $2,175,000 | $2,506/ft² | August 6, 2024 | City record |
| 1505 (Apartment) | 1 | 1,254 | $2,930,000 | $2,337/ft² | August 2, 2024 | City record · MLS |
| 505 (Apartment) | 1 | 1,135 | $2,300,000 | $2,026/ft² | May 30, 2024 | City record · MLS |
| 315 (Apartment) | — | 1,543 | $4,081,724 | $2,645/ft² | May 28, 2024 | City record |
| 1804 (Apartment) | 3 | 2,167 | $6,500,000 | $3,000/ft² | May 3, 2024 | City record · MLS |
| 1703 (Apartment) | 4 | 2,737 | $6,850,000 | $2,503/ft² | April 30, 2024 | City record · MLS |
| 2003 (Apartment) | 4 | 2,737 | $6,995,000 | $2,556/ft² | April 26, 2024 | City record · MLS |
| 801 (Apartment) | 1 | 1,085 | $1,100,000 | $1,014/ft² | April 17, 2024 | City record |
| 1903 (Apartment) | 3 | 2,737 | $6,995,000 | $2,556/ft² | March 26, 2024 | City record · MLS |
| 1405 (Apartment) | 1 | 1,254 | $2,825,000 | $2,253/ft² | February 27, 2024 | City record · MLS |
| 1010 (Apartment) | 3 | 2,419 | $5,800,000 | $2,398/ft² | February 27, 2024 | City record · MLS |
| 1904 (Apartment) | 3 | 2,167 | $6,675,000 | $3,080/ft² | January 31, 2024 | City record · MLS |
| 1803 (Apartment) | 4 | 2,737 | $6,900,000 | $2,521/ft² | January 10, 2024 | City record · MLS |
| 1104 (Apartment) | 3 | 2,536 | $7,695,000 | $3,034/ft² | December 21, 2023 | City record · MLS |
| 901 (Apartment) | 1 | 1,085 | $2,000,000 | $1,843/ft² | December 5, 2023 | City record · MLS |
| 716 (Apartment) | 2 | 1,614 | $3,753,100 | $2,325/ft² | November 1, 2023 | City record · MLS |
| 810 (Apartment) | 3 | 2,456 | $6,650,000 | $2,708/ft² | October 20, 2023 | City record · MLS |
| 711 (Apartment) | 2 | 1,285 | $2,700,000 | $2,101/ft² | October 4, 2023 | City record |
| 1403 (Apartment) | 2 | 1,431 | $3,525,000 | $2,463/ft² | September 29, 2023 | City record · MLS |
| 806 (Apartment) | 3 | 2,091 | $5,695,000 | $2,724/ft² | August 18, 2023 | City record · MLS |

Showing the 40 most recent of 141 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $2,425,000
- **Median sold price**: $2,170,000
- **Difference**: +$255,000 (+11.8%)
- **This home, $/ft²**: $2,235
- **Median $/ft²**: $2,204
- **Comparable sales**: 43
- **Sales from**: September 2021 – April 2026
- **Middle half of those sales**: $1,932,500 – $2,439,375

Based on one-bedroom sales at 515 West 18th Street.

### How these sales were negotiated

- **Sale-to-list price**: 90.9% (41 sales)
- **Sold below asking**: 90% (41 sales)
- **Typical time to find a buyer**: 69 days (34 sales)
- **Typical time to close**: 76 days (33 sales)

Based on one-bedroom sales at 515 West 18th Street with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at 515 West 18th Street

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2021 | $2,180/ft² | 100 |
| 2022 | $2,547/ft² | 35 |
| 2023 | $2,490/ft² | 18 |
| 2024 | $2,504/ft² | 18 |
| 2025 | $2,672/ft² | 11 |
| 2026 YTD | $2,452/ft² | 4 (thin) |

Based on recorded sales at 515 West 18th Street. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through April 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 515 West 18th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-west-18th-street)

## Price and Property History for 515 West 18th Street, Unit 701

Review the recorded listing activity for 515 West 18th Street, Unit 701, including asking-price changes and prior market dates.

- **Entered contract**: May 12, 2025
- **Last sold (recorded)**: $1,800,000 on March 29, 2021

| Date | Price | Listing event |
| --- | --- | --- |
| May 12, 2025 | $2,425,000 | Entered contract |
| March 12, 2025 | $2,425,000 | Listed for sale by Compass |
| March 29, 2021 | $1,800,000 | Sold — recorded sale price |
| November 3, 2020 | $1,925,000 | Listed for sale by The Corcoran Group |
| October 29, 2020 | $1,925,000 | Entered contract |

## Property Tax History

Taxes at 515 West 18th Street #701 were $28,669 in 2026, up 2.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $247,313 | $18,785 | $228,528 | $229,355 | $28,669 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $237,623 | $18,785 | $218,838 | $223,726 | $27,966 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $223,508 | $18,785 | $204,723 | $220,035 | $27,504 | 12.5% |
| 2023 (FY 2023/24) | $233,442 | $18,785 | $214,657 | $233,442 | $19,163 after $10,022 abatement | 12.502% |
| 2022 (FY 2022/23) | $198,136 | $18,785 | $179,351 | $198,134 | $11,557 after $12,748 abatement | 12.267% |
| 2021 (FY 2021/22) | $198,135 | $18,785 | $179,350 | $196,590 | $24,053 | 12.235% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1006901276. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 515 West 18th Street

Chelsea · Condominium

515 West 18th Street, New York, NY 10011

A building in Chelsea, currently featuring 1 active listing.

- **Year Built**: 2020
- **Active Units**: 1
- **Floors**: 22

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-west-18th-street)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [816](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/515-west-18th-street-816-ny-10011) | 2 | 3 | 1,614 sqft | $2,819 | $4,550,000 | Compass | Sep 11, 2026 | 6 days |
| [701](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/515-west-18th-street-701-ny-10011) | 1 | 2 | 1,085 sqft | $2,235 | $2,425,000 — In contract | Compass | Apr 10, 2025 | 525 days |
| [708](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/515-west-18th-street-708-ny-10011) | 1 | 2 | 868 sqft | $2,823 | $2,450,000 — In contract | Compass | Jun 3, 2024 | 836 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Chelsea

Art Galleries & High Line Living

[Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Chelsea

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)

## Related Links

- [515 West 18th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-west-18th-street)
- [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.