Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $419,000

Listed at $1,050,000 · Sold 60.1% below asking · Closed August 22, 2016

140 7th Avenue #5-K
Closed For Sale Condo

$1,050,000

$1,685 per sq ft

140 7th Avenue #5-K

Chelsea, Manhattan

MLS® #RLS10047331

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

623

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 623 sq ft
Year Built 1963
Ownership Condo
HOA/Common Charges $717/mo
Property Taxes $7,512/yr
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Views: City
  • Exposure: East facing
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
View City
Exposure East
Cooling Wall Units
Pets Yes
Cross Street West 18th Street/West 19th Street
Year Built 1963
Living Area 623 sq ft
Parking Garage Available
Block/Lot 768/7502

Listing History

Event Date Price Change
Listed May 12, 2016 $1,050,000 -
Price Reduced Jun 9, 2016 $1,100,000 +4.8%

Description

Live in the heart of Chelsea! This oversized, sunny one bedroom condo offers all of the conveniences of city living. A beautifully renovated kitchen features custom wood cabinets, stainless steel appliances, cesarstone countertops and plenty of under the counter storage space. The open living/dining room is perfect for entertaining. The oversized master bedroom has large closet space and ample room for dressers. Two closets in the entry-way offer additional storage space. The building features 24 hour doorman, very low common charges and real estate taxes, storage, and laundry room. With convenient trains (1,2,3 ,F,A,C and E) in the neighborhood and Trader Joe's, Whole Foods, and The Chelsea market nearby, you may never want to leave home! Come see why people flock to this Chelsea neighborhood. Pets allowed!

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Courtyard

Building Information

Financial Details

Common Charges $717/mo
RE Taxes $7,512/yr ($626/mo)
Sale Price $419,000
Previous Price $1,100,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

318

Median Asking Price

$1.69M

Median $/Sqft

$1,734

Avg Days on Market

N/A

New This Week

19

Price Reduced

30%

Sold (30 Days)

30

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/14/26, 6:56 AM EST

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Location

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140 7th Avenue #5-K, Chelsea, New York County • Near West 18th Street/West 19th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
7
Floors
109
Residential Units
C6-3A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $17,176,639
Land Value: $2,143,815
Exemptions: $102,068

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 18,400 SF
Building Area: 87,047 SF
Built FAR: 4.73
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $717 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,512, or roughly $626 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 623 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,050,000 for 623 sq ft, the asking price per square foot is approximately $1,685. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10047331
First Listed: 5/12/2016
Price Changed: 6/9/2016
Closed: 8/22/2016
Contract Date: 5/12/2016

Listing Courtesy of Compass - Debra Bondy

Listing Contact: (917) 690-3981

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/14/2026 at 10:56 AM UTC

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