Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $785,000

· Closed December 16, 2024

315 7th Avenue #18B

$785,000

$987 per sq ft

315 7th Avenue #18B

Chelsea, Manhattan

MLS® #RLS10973679

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

795

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 795 sq ft
Year Built 1926
Ownership None
HOA/Common Charges $755/mo
Property Taxes $21,888/yr
Neighborhood Chelsea
Floor 18 of 21

Property Highlights

  • Exposure: West facing
  • Character: Pre-war building (1926)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 3
Baths 1 Full
Floor 18 of 21
Exposure West
Pets Yes, CatsOk, DogsOk
Year Built 1926
Living Area 795 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0803-1075
Block/Lot 00803/7501

Listing History

Event Date Price Change
Listed Mar 1, 2024 $1,049,000 -
Price Reduced Dec 17, 2024 $895,000 -14.7%
Currently Apr 23, 2026 $785,000 -12.3%

Description

BRIGHT WESTERN EXPOSURE LOFTY CHELSEA 1 BEDROOM CONDO Enjoy the sunsets! Entry foyer, large and bright living room facing west and open city views. Chef's modern kitchen, great closet space, and hardwood floors throughout. The Kneel Tower, formerly known as The Fur District landmark, 315 Seventh Avenue is a unique loft conversion in a historic art deco skyscraper built in 1926 at the nexus of several dynamic neighborhoods in Chelsea. The building is within walking distance of most subway lines, and close proximity to Penn Station. Lofts boast 11 foot ceilings and unobstructed Western views over FIT, allowing incredible amounts of light and amazing views of the sunset over the Hudson River and New Jersey. Several units have large terraces on the building's multiple architectural setbacks. In the decade plus since its conversion to condominiums, the building has been updated beautifully with major capital projects to modernize infrastructure and restore historic character, and extensive luxury renovations throughout the building including several combined units. The building has a thriving community in an area experiencing extensive investment and development, and stands out as a historic New York original. Gas included, Storage wait list.

Features & Amenities

Interior Features

Entrance Foyer High Ceilings Walk In Closets Common On Floor Common Area Flooring: Hardwood Double Pane Windows

Building Information

Total Units 91
Stories 21
Structure HighRise

Financial Details

Common Charges $755/mo
RE Taxes $21,888/yr ($1,824/mo)
Original Price $1,049,000
Sale Price $785,000
Previous Price $895,000

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

302

Median Asking Price

$1.70M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

16

Price Reduced

27%

Sold (30 Days)

40

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/23/26, 10:56 AM EST

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Location

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315 7th Avenue #18B, Chelsea, New York County

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
21
Floors
91
Residential Units
M1-8A/R11
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $14,220,000
Land Value: $874,352
Exemptions: $64,138

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

Lot Area: 4,481 SF
Building Area: 66,868 SF
Built FAR: 14.92
Allowed FAR: 12

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 $755 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $21,888, or roughly $1,824 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 795 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1926, making it approximately 100 years old.

This listing is None

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

At the current list price of $785,000 for 795 sq ft, the asking price per square foot is approximately $987. 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: RLS10973679
First Listed: 3/1/2024
On Market: 3/1/2024
Price Changed: 12/17/2024
Closed: 12/16/2024
Contract Date: 3/1/2024

Listing Courtesy of Compass - Nicholas Colombos

Listing Contact: (917) 453-9333

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 4/23/2026 at 2:56 PM UTC

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