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342 West 21st Street is a pre-war co-op building in Chelsea, Manhattan, built in 1940. The 6-story walk-up building contains 31 units and offers amenities such as basement storage, intercom, and a bike room.
The New Chelsea, located at 342 West 21st Street, is a pre-war co-op building completed in 1940, featuring 31 units across six stories. This walk-up building is situated in the vibrant Chelsea neighborhood, known for its rich arts and dining scene. Residents benefit from amenities such as basement storage, a bike room, and a modern intercom system that integrates with mobile devices.
Each apartment in The New Chelsea showcases high-end finishes and thoughtful design. Common features include spacious layouts, hardwood oak flooring, and well-appointed kitchens with top-of-the-line appliances like Bosch and Blomberg. Many units also offer in-unit washers and dryers, ample closet space, and large windows that provide abundant natural light. Notably, the building allows for unlimited subletting from day one, making it particularly attractive for investors.
Located just moments from the High Line and Chelsea Market, The New Chelsea is well-connected to major subway lines, including the C, E, 1, F, and M trains. The cooperative is flexible with its policies, welcoming parents buying for children, pieds-à-terre, and pets on a case-by-case basis. This combination of location, amenities, and investor-friendly rules makes The New Chelsea a desirable option for both residents and investors alike.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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