Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,975,000

· Closed September 2, 2021

245 7th Avenue #3-A
Closed For Sale Condo

$2,975,000

$1,486 per sq ft

245 7th Avenue #3-A

Chelsea, Manhattan

MLS® #RLS10841491

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,002

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,002 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $1,900/mo
Property Taxes $29,592/yr
Neighborhood Chelsea
Floor 3 of 12

Property Highlights

  • Exposure: North,South facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full, 1 Half
Floor 3 of 12
Exposure North,South
Cooling Central Air
Pets Yes
Cross Street West 24th Street/West 25th Street
Year Built 1910
Living Area 2,002 sq ft
Architectural Style Prewar
Block/Lot 800/7501

Listing History

Event Date Price Change
Listed Apr 8, 2021 $2,975,000 -
Currently May 5, 2026 $2,975,000 -

Description

Welcome to Residence 3A at the Chelsea Atelier. This elegant, recently renovated, home features three bedrooms, a home office, and one of the largest living rooms that you will see. The flexible floorplan is ideal for entertaining, with space for expansive living, sitting and dining areas. High 11 foot ceilings and oversized windows give this residence a true downtown loft feel, while still smartly outfitted and configured for ease of living. No expense was spared on the new kitchen and baths. The open chef's kitchen features full-sized appliances, including two ovens, a wine fridge, a dishwasher, and a large double-door refrigerator. The island has plenty of space for additional seating and includes cabinet storage underneath. The primary bedroom features an ensuite bathroom with a double vanity and glassdoor walk-in shower. Residence 3A also features central air and an in-unit washer and dryer. The taxes reflected are for primary residents. If not a primary residence, the taxes will be $2,989 per month. Built in 1911, the Chelsea Atelier at 245 Seventh Avenue is a boutique prewar building with 33 residences on 12 stories. The building's enviable location in Chelsea between 24th and 25th Streets is close to restaurants, grocery stores (Whole Foods is across the street), and public transportation. Madison Square Park and the High-Line are nearby as well. Full-service amenities include a full-time doorman, elevator, on-site superintendent, bike storage, and resident storage. Pets are permitted.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,900/mo
RE Taxes $29,592/yr ($2,466/mo)
Sale Price $2,975,000

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

311

Median Asking Price

$1.89M

Median $/Sqft

$1,834

Avg Days on Market

N/A

New This Week

28

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/4/26, 10:08 PM EST

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Location

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245 7th Avenue #3-A, Chelsea, New York County • Near West 24th Street/West 25th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1911
Year Built
115 years old
12
Floors
33
Residential Units
C6-3X
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $15,194,708
Land Value: $1,598,406
Exemptions: $4,580

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

Lot Area: 6,883 SF
Building Area: 62,582 SF
Built FAR: 9.09
Allowed FAR: 9

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 $1,900 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $29,592, or roughly $2,466 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,002 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 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 $2,975,000 for 2,002 sq ft, the asking price per square foot is approximately $1,486. 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: RLS10841491
First Listed: 4/8/2021
Price Changed: 9/16/2021
Closed: 9/2/2021
Contract Date: 4/8/2021

Listing Courtesy of Compass - Boris Sharapan Fabrikant

Listing Contact: (917) 324-0906

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 5/5/2026 at 2:08 AM UTC

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