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291 7th Avenue

291 7th Avenue, New York, NY 10001
Condo in Chelsea
1 Units For Sale
Unit for sale at 291 7TH Avenue, Manhattan, NY 10001

$2,950,000 In Contract

  • 2 Beds
  • 2 Baths
  • 3,370 ft²
291 7TH Avenue #3, Manhattan, NY 10001 Listing by Edward Tawil

291 7th Avenue is a condo located in Chelsea, New York. The building was first built in 1907 and is 117 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 commercial units. 291 7th Avenue has a total of 10 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. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 31 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 5, sold for $3,830,000 on Sep 06, 2023. 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.

Building Features

Facilities

Storage Available

Laundry

Washer / Dryer Allowed

Ownership & Occupancy

Pied-à-Terre Allowed

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed

Accessibility

Elevators

Services

Virtual Doorman Doorman
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230508 Unit 5FLR
05/08/2023
3 Bed
3 Bath
-
$4,100,000
bedrooms
3 Bed
bathrooms
3 Bath
$3,830,000 -6.59%
09/06/2023
-
Ellen Saland
Compass
20210401 Unit 8FL
04/01/2021
8FL
3 Bed
3 Bath
3370 ft²
$4,295,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
3370 ft²
$4,295,000
09/13/2021
-
Gardiner Lyon
Compass
20160923 Unit PH
09/23/2016
PH
4 Bed
3 Bath
4749 ft²
$9,250,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
4749 ft²
-
-
-
Joshua Judge
Sothebys International Realty
20150910 Unit PENTHOUSE
09/10/2015
4 Bed
3 Bath
4900 ft²
$12,850,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
4900 ft²
-
-
-
Philip McCarthy
Sothebys International Realty
20150618 Unit 4
06/18/2015
4
2 Bed
2 Bath
3370 ft²
$4,000,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
3370 ft²
$3,750,000 -6.25%
11/30/2015
Joshua Rubin
Douglas Elliman Real Estate
20140407 Unit 8
04/07/2014
8
3 Bed
2.5 Bath
3370 ft²
$4,750,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
3370 ft²
-
-
-
Susan Green
Compass
20130507 Unit PH10
05/07/2013
5 Bed
3 Bath
4900 ft²
$4,950,000
bedrooms
5 Bed
bathrooms
3 Bath
square feet
4900 ft²
$4,600,000 -7.07%
01/31/2014
-
Frances Katzen
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1907
  • First Altered Year: 2000
  • Building Count: 1
  • Floor Count: 10
  • Total Unit Count: 12
  • Residential Unit Count: 8
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 4,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 40
  • Gross Building Area: 36,420

    Building Floor Area

  • Residential Building Floor Area: 28,339
  • Commercial Building Floor Area: 8,081
  • Retail Building Floor Area: 3,398
  • Storage Building Floor Area: 4,683

    Floor Area Ratio

  • Built Floor Area Ratio: 9
  • Commercial Floor Area Ratio: 10
  • Facilities Floor Area Ratio: 10

Building

  • Building Type: RX
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: N

Neighborhood

  • Community District: 105
  • City Council District: 3
  • Police Precinct: 13
  • Fire Company: E001
  • Health Area: 5200
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1H
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: M1-6

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 802
  • Lot: 7502
  • Borough Block Lot: 1008027502

    Address

  • Full Address: 291 7 Avenue
  • Condominium Number: 1126
  • Zip Code: 10001

Valuation

    Assessments Valuation

  • Assessed Total Value: $5,193,450
  • Assessed Land Value: $464,399

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 291 7th Avenue located in?
The 291 7th Avenue is a condo located in the neighborhood of Chelsea in Midtown Manhattan, New York.
How many listings are currently for sale in 291 7th Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 291 7th Avenue?
The average sales price for units in 291 7th Avenue is $4,000,000 , or $1,187/sqft. currently.

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