Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,695,000

· Closed September 27, 2022

245 7th Avenue #4-B
Closed For Sale Condo

$3,695,000

$1,636 per sq ft

245 7th Avenue #4-B

Chelsea, Manhattan

MLS® #RLS10798569

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

2,258

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,258 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $2,371/mo
Property Taxes $38,424/yr
Neighborhood Chelsea
Floor 4 of 12

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full
Floor 4 of 12
Exposure South,West
Heating Electric
Cooling Central Air
Pets Yes
Cross Street West 24th Street/West 25th Street
Year Built 1910
Living Area 2,258 sq ft
Architectural Style Prewar
Block/Lot 800/7501

Listing History

Event Date Price Change
Listed May 5, 2022 $3,695,000 -
Currently May 3, 2026 $3,695,000 -

Description

Residence 4B is a tastefully redesigned 3 BD / 3 BA corner loft with 11' beamed ceilings, terrific natural light and beautiful hardwood floors throughout. Enter this 2258 SF apartment through an impressive foyer with a designated walk-in coat closet and the first of three full baths (this one including a Miele W/D). Acting as the main corridor for this home, the formal entryway bisects the apartment, separating the vast living / dining area from the sequestered sleeping quarters on either side of this sprawling apartment. The massive primary suite faces West over Seventh Avenue and includes room for a sizable seating area, walk-in closet, dressing area and a recently renovated marble ensuite spa bathroom with soaking tub and steam shower. To the South of the grand foyer there is direct access to the private second bedroom, complete with an ensuite full bath. At the end of the hall, through a custom french door, the apartment opens up to a dramatic great room with a contemporary open-concept kitchen and a separate third bedroom / office. Grounded by an immaculate chef's kitchen, the exceptional living space can be configured to include separate seating / lounge and dining areas. The sleek white marble kitchen has ample counter space, stainless steel appliances (Subzero Fridge, Wolf Range, Bosch DW), and an incredible center island with built in wine fridge, excessive storage and convenient corner counter seating for four. With dual exposures across six oversized windows, sunlight streams into the great room from the South up Seventh Avenue and from the West along 24th street all day long. The Chelsea Atelier is a premier boutique condominium on Seventh Avenue between 24th and 25th streets in the heart of Chelsea. Built in 1911 with a decidedly Italian flair and a handsome terracotta cornice, 245 7th Ave originally housed an exclusive paper manufacturer and a handful of more traditional garment industry tenants. The building was converted to 33 condominiums in 1997, now complete with a chic minimalist lobby, 24 hour doorman, on-site super and basement storage. Nearby transit includes subway access via the 1/2, A/C/E, F/M, N/R/Q/W, The Path at 23rd Street and NJ Transit, Amtrak & LIRR at Penn Station. This location has easy access to Trader Joes and Whole Foods (directly across the street), many of the city's best bars and restaurants, countless fitness options, Madison Square Park and the High Line.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,371/mo
RE Taxes $38,424/yr ($3,202/mo)
Sale Price $3,695,000

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

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

1

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 5/3/26, 1:29 AM EST

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Location

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245 7th Avenue #4-B, 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 $2,371 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $38,424, or roughly $3,202 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,258 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 $3,695,000 for 2,258 sq ft, the asking price per square foot is approximately $1,636. 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: RLS10798569
First Listed: 5/5/2022
Price Changed: 5/5/2022
Closed: 9/27/2022
Contract Date: 5/5/2022

Listing Courtesy of Compass - Aaron Mazor

Listing Contact: (917) 696-8772

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 5/3/2026 at 5:29 AM UTC

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