Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
85 8th Avenue #5W
Closed For Sale Co-op

$610,000

85 8th Avenue #5W

Chelsea, Manhattan

MLS® #RLS11021305

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1973

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1973
Ownership Co-op
Maintenance $2,127/mo
Parking Garage
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Exposure: West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 6
Exposure West
Pets Yes, CatsOk, DogsOk
Year Built 1973
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00738/1003

Listing History

Event Date Price Change
Listed Nov 14, 2024 $650,000 -
Price Reduced Jul 24, 2025 $615,000 -5.4%
Currently Apr 26, 2026 $610,000 -0.8%

Description

Welcome to Apt. 5W at the Thomas Eddy, a full service co-operative perfectly located where the Meatpacking District, Chelsea and the West Village meet. Unusually spacious and very well laid out, this junior one bedroom enjoys glorious western sunlight from double oversized windows. The apartment also has a balcony that overlooks the private landscaped garden, a delightfully peaceful spot to unwind. The apartment is in mint condition, brand new kitchen and bathroom, recessed lighting, beautiful oak floors, crown and base moldings, custom built-ins, well-outfitted closets and a new through wall air-conditioning. The kitchen is fully equipped with attractive white cabinets, granite counter-tops and appliances including a dishwasher and is in excellent condition, as is the modern, spa-like bathroom. Step up to the private sleeping area that houses a queen size bed and is separated from the living room by a charming shoji screen. Guarantors, co-purchasing and pied a terre ownership welcome. Pets are permitted. There is a capital improvements assessment of $132.75 per month. With its twenty four hour doorman/concierge, resident superintendent, laundry on every floor, wonderful outdoor space, attached garage and fantastic location, this perfect starter home is a must see!

Features & Amenities

Interior Features

Built In Features Granite Counters Recessed Lighting Building Multiple Locations Common On Floor Common Area Flooring: Hardwood

Exterior Features

Balcony Private Outdoor Space Under60 Sqft Balcony

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 117
Stories 6
Structure MultiFamily

Financial Details

Maintenance $2,127/mo
Original Price $650,000
Sale Price $610,000
Previous Price $615,000

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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

22

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/26/26, 6:31 PM EST

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Location

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85 8th Avenue #5W, Chelsea, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1973
Year Built
53 years old
6
Floors
117
Residential Units
C1-6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $16,164,901
Land Value: $1,591,201
Exemptions: $185,066

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

Lot Area: 22,419 SF
Building Area: 101,034 SF
Built FAR: 4.51
Allowed FAR: 4

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 monthly maintenance are $2,127 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1973, making it approximately 53 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS11021305
First Listed: 11/14/2024
On Market: 11/14/2024
Price Changed: 7/24/2025
Closed: 7/16/2025
Contract Date: 8/6/2024

Listing Courtesy of Compass - Shari Matluck

Listing Contact: (305) 335-8060

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 4/26/2026 at 10:31 PM UTC

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