291 7th Avenue 291 7th Avenue, New York, NY 10001

291 7th Avenue is a condo located in Chelsea, New York. The building was first built in 1907 and is 116 years old. It was first renovated and altered in 2000. The lot that the building was built on is 40 feet wide and 100 feet long. The official lot area is listed as 4,000 square feet. In total, 291 7th Avenue has a total floor area of 36,420 square feet. Of that, 28,339 square feet are used for residential purposes. About 8,081 square feet of the building are used for commercial purposes. There are a total of 12 units. Of those, 8 are residential units. There are 4 commerical units. 291 7th Avenue has a total of 10.00000000000 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 30 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days Meaning, listings tend to sell at a median of $1,187 price per square foot. The transaction that took the longest to complete was unit 4, listed on Jun 18, 2015 for $4,000,000. This particular unit ultimately sold 165 days later for $3,750,000. The most recent transaction was for unit 7, sold for $3,650,000 on Nov 04, 2022. Fun fact, the oldest transaction we have on record took place on Nov 03, 1975. See the full transaction history for 291 7th Avenue below.

Chelsea, where 291 7th Avenue is located, has a median asking price of $1,995,000 for condo buildings. Meanwhile, the building itself has a median asking price of $4,000,000. For interested buyers, that means the building's median asking price is around 4.33% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,950,000. It is a 3,370 sqft 2-bedroom and 2-bathroom unit.