All images of Graydon Chelsea via Douglas Elliman
Graydon Chelsea
is a new centrally-located Manhattan condominium at 128 West 23rd Street between Sixth and Seventh Avenues. The mid-block building designed by Kutnicki Bernstein Architects provides residents easy access to Midtown South offices, the bars and restaurants of Chelsea, Ladies' Mile shopping, Hudson Yards, The High Line, Eataly, and Madison Square Park. Like its two-way sister 14th Street, 23rd Street has seen a flurry of new apartment buildings go up in recent years all aimed at well-heeled condo buyers. Graydon Chelsea fits neatly into this realm, having just launched sales on 30 one- to three-bedroom apartments priced from $995,000 to $3.4M.
Behind its modest, regimented facade of brick, metal, and large windows are apartments with sound-attenuated floor-to-ceiling windows (though traffic has been calmer with a new select bus service route), 6" wide European white oak flooring, open Italian kitchens with integrated Miele appliances, and contemporary baths with fine finishes. Several apartments have either a balcony or a private terrace, such as the two-bedroom #12B
priced at a breeze-easy $3.425M. All homes, however, have central heating and cooling and a Bosch washer and dryer.
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Homes at Graydon Chelsea blend to an average price per square foot of $1,931. One-bedrooms ask from $995K and two-bedrooms from $1.995M. The average selling price of a Chelsea condo has declined 16% since 2016 and is now below the Manhattan average of $1,768/ft2. Sales volume has also substantially decreased. Just 175 condos were sold in the neighborhood in 2020, down from 273 in 2019 and 308 in 2018.
Amenities include an attended double-height lobby, fitness center, and bike parking, and private storage. Communal spaces for relaxing include a roof deck with views of the skyline (and some unattractive new hotel buildings), and a second-floor lounge that has an adjoining outdoor kitchen, dining area, and fireplace.
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