SOLD FOR $2,745,000
· Closed March 14, 2022
245 7TH Avenue #5B
MLS® #RLS10889239
Listing by Douglas Elliman Real Estate
3
Bedrooms
2.5
Baths
2,258
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Exposure: South,West facing
- Style: Prewar architecture
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 15, 2021 | $3,300,000 | - |
| Price Reduced | Mar 14, 2022 | $3,100,000 | -6.1% |
| Currently | May 4, 2026 | $2,745,000 | -11.5% |
Description
Spectacular, soaring space is wrapped by massive southern and western windows. The dream entry gallery is a place to transition home, welcome guests, display art, and is the fulcrum to separate entertaining areas, and the divided bedroom layout.
You will love the soaring sense of space, highlighted by 11' ceilings, as you move from foyer to the gracious living room, dining room, and open chef's kitchen surrounded by stone counter, drinks bar, wall of pantry and party size storage, and includes double ovens, two dishwashers, stove top, side by side refrigerator, and custom cabinets.
There are 2.5 bathrooms, washer and dryer, HVAC, tilt and turn windows. The massive primary suite is private from the rest of the home, huge closet space, and accommodates a sitting area or large home office. The secondary bedrooms off their own foyer, each large enough for queen size beds.
Included with this 2258 sq' loft is a private storage bin.
The Chelsea Atelier is a boutique prewar condominium with 33 residences, 3 per floor. Built in 1911. Full-time doorman, on-site superintendent. Pets are welcome. New bike room. One of NYC's hottest neighborhoods with destination restaurants, the best hotel bars, The Highline, Madison Square Park, Farmer's Market, Whole Foods is across the street, Eataly is 2 blocks away, fabulous shopping for home and fashion. Convenient to subways, buses, Penn Station.
Features & Amenities
Appliances
Building Information
Financial Details
About Chelsea
View All Chelsea ListingsChelsea 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 NeighborhoodActive 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 5/4/26, 4:34 AM EST
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Location
245 7TH Avenue #5B, Chelsea, New York County • Near WEST 24 STREET and WEST 25 STREET
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,173 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $38,808, or roughly $3,234 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 2,258 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 $2,745,000 for 2,258 sq ft, the asking price per square foot is approximately $1,216. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Joanne Douglas
Listing Contact: (917) 539-2800
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 Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 8:34 AM UTC