Kheel Tower

Kheel Tower is a condo located 315 7th Avenue, in Chelsea, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1976. The lot that the building was built on is 78 feet wide and 57 feet long. The official lot area is listed as 4,481 square feet. In total, 315 7th Avenue has a total floor area of 66,868 square feet. Of that, 61,685 square feet are used for residential purposes. About 5,183 square feet of the building are used for commercial purposes. There are a total of 94 units. Of those, 91 are residential units. There are 3 commercial units. 315 7th Avenue has a total of 21 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located 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 262 closings on record, of which we have matching data for 41 listings. In the past 3 years, a listing in this building will typically remain on the market for about 156 days Meaning, listings tend to sell at a median of $1,419 price per square foot. The transaction that took the longest to complete was unit 4D, listed on Sep 22, 2020 for $1,495,000. This particular unit ultimately sold 358 days later for $1,360,000. The most recent transaction was for unit 2C, which was first advertised on May 16, 2023, sold for $1,037,500 on Sep 06, 2023. Fun fact, the oldest transaction we have on record took place on Jun 14, 1991. See the full transaction history for Kheel Tower below.

Chelsea, where 315 7th Avenue is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $943,000. For interested buyers, that means the building's median asking price is around 0.53% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,100,000. It is a 775 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $998,000. It is a 800 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,049,000. Collectively, the median square footage of these active units for sale is 788 sqft. Active units for sale at 315 7th Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.