The Thomas Eddy

The Thomas Eddy is a Co-op located 85 8th Avenue, in Chelsea, New York. The building was first built in 1973 and is 51 years old. The official lot area is listed as 22,419 square feet. In total, 85 8th Avenue has a total floor area of 101,034 square feet. Of that, 86,620 square feet are used for residential purposes. About 14,414 square feet of the building are used for commercial purposes. Additionally, the building has a 14,414 square feet garage. There are a total of 119 units. Of those, 117 are residential units. There are two commercial units. 85 8th Avenue has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 85 8th Avenue.

Interested in learning more about the building? 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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! 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 148 closings on record, of which we have matching data for 66 listings. In the past 3 years, a listing in this building will typically remain on the market for about 146 days and tend to sell below the original asking price of $575,000 by 1.68%. Meaning, listings tend to sell at a median of $978 price per square foot. The transaction that took the longest to complete was unit 5G, listed on Oct 04, 2017 for $665,000. This particular unit ultimately sold 337 days later for $682,000. The most recent transaction was for unit 6B, which was first advertised on Sep 05, 2023, sold for $593,000 on Jan 31, 2024. Fun fact, the oldest transaction we have on record took place on Mar 31, 1982. See the full transaction history for The Thomas Eddy below.

Chelsea, where 85 8th Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $575,000. For interested buyers, that means the building's median asking price is around 0.23% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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 $695,000. It is a 750 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $600,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $647,500. Collectively, the median square footage of these active units for sale is 375 sqft. Active units for sale at 85 8th Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.