Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $997,000

· Closed August 9, 2024

140 7th Avenue #5K
Closed For Sale Condo

$997,000

$1,600 per sq ft

140 7th Avenue #5K

Chelsea, Manhattan

MLS® #RLS10971151

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

623

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 623 sq ft
Year Built 1962
Ownership Condo
HOA/Common Charges $1,126/mo
Property Taxes $12,000/yr
Parking Garage
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 7
Pets Yes, CatsOk, DogsOk
Year Built 1962
Living Area 623 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0768-1166
Block/Lot 00768/1166

Listing History

Event Date Price Change
Listed May 1, 2024 $1,075,000 -
Currently Apr 28, 2026 $997,000 -7.3%

Description

Welcome to Chadwin House, a contemporary condo gem in Chelsea. Situated on the fifth floor, Unit 5K offers sleek urban living. Bright and airy, the living area is perfect for relaxing or entertaining. The open kitchen boasts stainless steel appliances, granite countertops and ample storage. The bedroom is oversized with a great closet and room to add more. The Chadwin is a full service condo with 24 hour doorman, super, garage, storage, central laundry and low monthlies. 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.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 109
Stories 7
Structure MixedUse

Financial Details

Common Charges $1,126/mo
RE Taxes $12,000/yr ($1,000/mo)
Original Price $1,075,000
Sale Price $997,000
Previous Price $1,075,000

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

306

Median Asking Price

$1.90M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

20

Price Reduced

34%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 4/28/26, 12:22 AM EST

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Location

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140 7th Avenue #5K, Chelsea, New York County

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 $1,126 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,000, or roughly $1,000 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 1962, making it approximately 64 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 $997,000 for 623 sq ft, the asking price per square foot is approximately $1,600. 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: RLS10971151
First Listed: 5/1/2024
On Market: 5/1/2024
Price Changed: 8/16/2024
Closed: 8/9/2024
Contract Date: 4/30/2024

Listing Courtesy of Compass - Jaime Davis

Listing Contact: (917) 776-0348

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 4/28/2026 at 4:22 AM UTC

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