The Louis Phillipe

The Louis Phillipe is a condo located 312 West 23rd Street, in Chelsea, New York. The building was first built in 1948 and is 76 years old. It was first renovated and altered in 1987. But was most recently renovated and altered in 2005. The lot that the building was built on is 109 feet wide and 99 feet long. The official lot area is listed as 10,800 square feet. The building itself is 109 feet wide and 98 feet long. In total, 312 West 23rd Street has a total floor area of 39,567 square feet. Of that, 26,681 square feet are used for residential purposes. About 12,886 square feet of the building are used for commercial purposes. There are a total of 82 units. Of those, 77 are residential units. There are 5 commercial units. 312 West 23rd Street has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. 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 94 closings on record, of which we have matching data for 14 listings. In the past 3 years, a listing in this building will typically remain on the market for about 144 days Meaning, listings tend to sell at a median of $1,629 price per square foot. The transaction that took the longest to complete was unit 4T, listed on May 28, 2016 for $578,000. This particular unit ultimately sold 249 days later for $525,000. The most recent transaction was for unit 1S, which was first advertised on Jun 06, 2023, sold for $500,000 on Jan 05, 2024. Fun fact, the oldest transaction we have on record took place on Sep 29, 1972. See the full transaction history for The Louis Phillipe below.

Chelsea, where 312 West 23rd Street is located, has a median asking price of $1,999,999 for condo buildings. Meanwhile, the building itself has a median asking price of $525,000. For interested buyers, that means the building's median asking price is around 0.74% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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 $625,000. It is a 350 sqft studio-bedroom and 1-bathroom unit.