The Chainworks Building

The Chainworks Building is a condo located 144 West 18th Street, in Chelsea, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 2002. But was most recently renovated and altered in 2002. The lot that the building was built on is 90 feet wide and 92 feet long. The official lot area is listed as 8,280 square feet. The building itself is 90 feet wide and 85 feet long. In total, 144 West 18th Street has a total floor area of 47,287 square feet. Of that, 38,357 square feet are used for residential purposes. About 8,930 square feet of the building are used for commercial purposes. There are a total of 21 units. Of those, 18 are residential units. There are 3 commercial units. 144 West 18th Street has a total of 9 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 144 West 18th Street.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 62 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 159 days Meaning, listings tend to sell at a median of $1,540 price per square foot. The transaction that took the longest to complete was unit PHE, listed on May 01, 2020 for $4,095,000. This particular unit ultimately sold 207 days later for $2,800,000. The most recent transaction was for unit 700E, sold for $3,500,000 on May 26, 2023. Fun fact, the oldest transaction we have on record took place on Sep 03, 2003. See the full transaction history for The Chainworks Building below.

Chelsea, where 144 West 18th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,547,500. For interested buyers, that means the building's median asking price is around 2.40% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $3,550,000. It is a 2,693 sqft 3-bedroom and 3-bathroom unit.