Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $576,000

· Closed January 15, 2025

140 7th Avenue #5A
Closed For Sale Condo

$576,000

$1,152 per sq ft

140 7th Avenue #5A

Chelsea, Manhattan

MLS® #RLS10982654

RLS at REBNY

Listing by Compass

Studio

1

Bath

500

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1962
Ownership Condo
HOA/Common Charges $774/mo
Property Taxes $10,332/yr
Parking Garage
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 7
Heating Wall Furnace
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1962
Living Area 500 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0768-1106
Block/Lot 00768/1106

Listing History

Event Date Price Change
Listed Jun 6, 2024 $695,000 -
Price Reduced Jan 21, 2025 $625,000 -10.1%
Currently Apr 27, 2026 $576,000 -7.8%

Description

LOCATION LOCATION LOCATION!!! This super-sized studio condo in prime Chelsea has it all: a separate alcove that fits a queen-sized bed, spacious living space, and abundant closet space. The apartment is bright with two large windows, making it a perfect home or pied-a-terre in the city. The Chadwin House has a full-time doorman, live-in Super, and laundry facilities. Nearby, you can find Trader Joe’s, Whole Foods, The Chelsea Market, Eataly, Barney’s, and many more shopping destinations, fine dining, and bars. Close to the many transportation options, with the Subway 1 line just around the corner.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 109
Stories 7
Structure MixedUse

Financial Details

Common Charges $774/mo
RE Taxes $10,332/yr ($861/mo)
Original Price $695,000
Sale Price $576,000
Previous Price $625,000

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

309

Median Asking Price

$1.93M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

21

Price Reduced

33%

Sold (30 Days)

34

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 12:35 PM EST

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Location

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140 7th Avenue #5A, Chelsea, New York County

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
7
Floors
109
Residential Units
C6-3A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $17,176,639
Land Value: $2,143,815
Exemptions: $102,068

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

Lot Area: 18,400 SF
Building Area: 87,047 SF
Built FAR: 4.73
Allowed FAR: 7.52

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 $774 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,332, or roughly $861 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1962, making it approximately 64 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 $576,000 for 500 sq ft, the asking price per square foot is approximately $1,152. 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: RLS10982654
First Listed: 6/6/2024
On Market: 6/6/2024
Price Changed: 1/21/2025
Closed: 1/15/2025
Contract Date: 5/23/2024

Listing Courtesy of Compass - Nir Weinstock

Listing Contact: (212) 913-9058

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 4/27/2026 at 4:35 PM UTC

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