Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,900,000

· Closed September 3, 2020

245 7th Avenue #8-B
Closed For Sale Condo

$3,900,000

$1,727 per sq ft

245 7th Avenue #8-B

Chelsea, Manhattan

MLS® #RLS10842972

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

2,258

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,258 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $2,241/mo
Property Taxes $35,832/yr
Neighborhood Chelsea
Floor 8 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, 1 Half
Floor 8 of 12
Exposure South,West
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 Jul 5, 2000 $3,900,000 -
Currently May 5, 2026 $3,900,000 -

Description

Sublime, spacious and sexy are a few thoughts that come to mind upon entering this dramatic loft. A formal gallery truly sets the tone for what's to come and it's absolutely guaranteed to take your breath away. This was a carefully thought out home. A meticulous renovation that took well over a year, it is the utmost in comfort and luxury with no expense or detail spared. The coveted B Line , a corner 3 bedroom, 3 bathroom loft, is well known for its grand proportions and sprawling space. You'll be wowed by the spectacular 35 foot width of the grand entertaining space as you enter off the gallery. It's bathed in beautiful southern and western sunlight, with open views from a surround of massive tilt and turn windows. There are 11Ft high ceilings, beautiful wide plank floors and amazing wall space throughout for the discerning art collector. Other features include Caesarstone window sills and baseboards, solar shades with blackouts, washer/dryer, HVAC with separate zones, a Nest and Lutron system. The kitchen is a chefs dream. Equipped with every high end appliance, Wolf, Miele and Subzero, custom cabinetry, pull out pantries, 105 bottle wine refrigerator, double dishwashers, double wall ovens, not to mention a pot filler over the stove. The slabs of Smokey Grey Travertine that adorn the feature wall are show stopping. The gallery separates the entertaining space from the sleeping quarters, making it so private and quiet. The expansive master suite is replete with a custom built in that houses a retractable flat screen TV and vast storage, a glamorous bathroom of stone slab walls, separate tub and shower, Dornbracht fixtures and abundant custom closets. The second bedroom is also sunny and large with an en suite bath and walk in closet. What is currently the den off the living area, readily converts to a large 3rd bedroom, also has a walk in closet and a custom built-in with retractable flat screen TV and storage. All closets are custom walnut throughout. The Chelsea Atelier is a boutique prewar building with only 3 residences per floor. Built in 1911, it is an elegant building that converted to condominium homes in the 1980's. There is a full time doorman and an on-site superintendent. Pets are welcome. At your doorstep is downtown's hottest neighborhood with Whole Foods directly across the street and Eataly just 2 blocks away with its prized restaurants and shopping. The Highline Park and Madison Sq. Park are other highlights within the neighborhood, as well as some of the finest destination restaurants, hotels, shopping and gyms, a list too long to publish here! This central locale in Chelsea is convenient to all transportation. I am pleased to present this special home in the sought after Chelsea Atelier, now ready for private showings. Seeing is believing!!

Features & Amenities

Interior Features

Dining Area Den Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,241/mo
RE Taxes $35,832/yr ($2,986/mo)
Sale Price $3,900,000

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

$1.80M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

32

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/5/26, 4:28 PM EST

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Location

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245 7th Avenue #8-B, Chelsea, New York County • Near West 24th Street/West 25th Street

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 $2,241 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $35,832, or roughly $2,986 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 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 $3,900,000 for 2,258 sq ft, the asking price per square foot is approximately $1,727. 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: RLS10842972
First Listed: 7/5/2000
Closed: 9/3/2020
Contract Date: 3/18/2019

Listing Courtesy of Compass - Vicki Musso

Listing Contact: (917) 885-6988

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 8:28 PM UTC

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