SOLD FOR $6,250,000
· Closed November 12, 2021
245 7TH Avenue #PHBC
MLS® #RLS10740737
Listing by Douglas Elliman Real Estate
3
Bedrooms
2.5
Baths
3,900
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Exposure: North,South,West facing
- Outdoor Space: Terrace
- Style: Prewar architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 9, 2021 | $11,595,000 | - |
| Price Reduced | Nov 16, 2021 | $5,995,000 | -48.3% |
| Currently | May 4, 2026 | $6,250,000 | +4.3% |
Description
Masterfully renovated with extraordinary attention to all details, this magnificent penthouse duplex sun filled prewar loft home resides in the Chelsea Atelier, a full service condominium building located in the epicenter of the highly sought after Chelsea neighborhood. With nearly 5000SF of living space (3900SF inside / 1080SF outside), this polished home offers unparalleled elegant living featuring a gracious entrance gallery leading to all major rooms, 11'9" ceiling height, an expansive living/dining room with wide open south and west city views through 6 oversized windows, a gorgeous atrium ceiling kitchen with the best of everything including a separate breakfast area (with its own fridge drawers), a truly sumptuous mahogany paneled library with custom crafted lit display shelving & its own WBFP, and a master bedroom oasis with a sitting area, windowed closet & dressing room w/vanity, and a spa inspired limestone bathroom with a glass enclosed double steam shower, heated marble mosaic flooring & towel bars, and a Jacuzzi soaking tub. The bedroom wing includes two large bedrooms, a large hall bath, a fantastic guest sleeping area w/built-in queen sized Murphy bed (or great home / kid's office!), large WIC, and refrigeration drawers! An architectural floating staircase with a 15' ceiling height atrium takes you to the den/TV room and the spectacular architect designed and fully landscaped private multi leveled terrace, featuring rows of casement windowed French doors, IPE wood & stone flooring construction, a waterfall feature, separate dining and lounging areas, irrigation, and storage. A separate laundry room, custom sound system, doors, hardware and baseboard/ceiling moldings throughout, motorized Lutron window treatments, exquisite lighting (custom fixtures, recessed and art lighting w/ RadioRa technology), beautiful dark walnut stained solid oak flooring, 3 zone central AC, powder room, and custom millwork everywhere completes this exceptional home. BLD: 24 hour doorman, on-site superintendent, bike storage, private bin storage (this apt. has 2), pets are welcomed, new hallways and lobby! PLEASE NOTE: REAL ESTATE TAXES include the NYC TAX CONDOMINIUM TAX ABATEMENT for PRIMARY USE of the apt.
Features & Amenities
Exterior Features
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
310
Median Asking Price
$1.86M
Median $/Sqft
$1,834
Avg Days on Market
N/A
New This Week
31
Price Reduced
25%
Sold (30 Days)
35
Median Sale Price
$2.02M
Live data from RLS at REBNY • Updated 5/4/26, 5:08 PM EST
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Location
245 7TH Avenue #PHBC, 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 $3,461 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $99,192, or roughly $8,266 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 3,900 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 $6,250,000 for 3,900 sq ft, the asking price per square foot is approximately $1,603. 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 - RONALD LENSE
Listing Contact: (917) 848-8095
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 9:08 PM UTC