$589,000
SOLD JUL 31, 2025
-- Bed
1 Bath
438 Sq Ft
$746/mo HOA Fee

Recently Sold

$1,345 Per Sq Ft

2% Below List Price

85 Days on Market

Highlights

  • Balcony
  • 1-minute walk to 23 Street (1,2 Line)
  • Garage
  • P.S. 11 Sarah J. Garnet School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Chelsea Green

About This Home

As of July 2025

Live in the heart of Chelsea in this spacious studio with balcony and parquet wood flooring. Unit 5T enjoys the warmth of the afternoon sun through its west-facing windows, which have been upgraded to city-quiet windows with custom blackout drapes, creating an extra layer between you and the bustle of the neighborhood while also enjoying skyline views of West Chelsea. The large open living area allows for flexibility when arranging the space, with ample room for separating lounging, sleeping, and office spaces.

The kitchen, renovated in 2021, is tastefully separated from the main living area and has new appliances including a gas range, dishwasher, and built-in microwave. Beautiful white subway tile lines the bathroom, complete with its very own window. It was also renovated in 2021, with full vanity storage and a medicine cabinet. The home has lots of storage with three separate closets located throughout.

Chelsea 7th, located on the corner of 23rd Street and 7th Avenue, is a pet-friendly elevator building with a full-time doorman and live-in super. Amenities include a bike room, laundry in the building, and a third-party parking garage below.

This corner of Chelsea is prime for the culture and city sites expected from such a coveted neighborhood in Manhattan. Nearby are the new Little Island, the Highline, Madison Square Park, and endless shopping. In addition, you are nearby to Whole Foods, Trader Joe’s Fairway Supermarket, and many local restaurants and lounges. Public transportation points include access to the 1/C/E/F/M subway lines and New Jersey Transit PATH.

Last Agent to Sell the Property

Mukul Lalchandani

UNDIVIDED INC License #10311210018 Listed on: 03/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,544

Year Built

  • Built in 1970

HOA Fees

  • $746 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 438 Sq Ft Home
  • Laundry in Basement

Additional Features

  • Balcony
  • West Facing Home
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 120 Units
  • Chelsea 7Th Condo
  • Chelsea Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 798

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,544

Year Built

Built in 1970

Lot Details

0

HOA Fees

$746 per month

Listing Details

  • Cross Street: Avenue of the Americas/Seventh Avenue
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Fireplace: No
  • Living Area: 438.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No
  • Exterior Features: Building Storage, Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building In Basement, In Basement
  • Green Building Features: Elevator(s)
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 746.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 148.13 x 175.0

Building Info

  • New Construction: No
  • Building Name: Chelsea 7th Condo
  • Units: 120
  • Spa: No
  • Total Stories: 6
  • Year Built: 1970

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 798
  • Tax Lot: 7502
  • Tax Annual: 8544.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jul 31, 2025
Sold by
Holden Gina Marie
Bought by
Holden Jennifer and Holden Miles
Seller's Agent
Mukul Lalchandani
UNDIVIDED INC
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%
Views
34
Current Estimated Value
$654,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,893
Avg. Annual Appreciation
80.24%
Original Mortgage
$441,750
Outstanding Balance
$441,371
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,522

Purchase Details

Listed on
Sep 14, 2020
Closed on
Mar 3, 2021
Sold by
Bruck Michael Francis
Bought by
Holden Gina Marie
Seller's Agent
Dylan Hoffman
Compass
List Price
$505,000
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$454,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $589,000 --
Deed $505,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,750 Purchase Money Mortgage
Closed $454,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $589,000 0.0% $1,345 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $589,000 -1.7% $1,345 / Sq Ft
03/18/2025 03/18/25 For Sale $599,000 0.0% $1,368 / Sq Ft
07/01/2024 07/01/24 Rented $3,400 0.0% --
06/21/2024 06/21/24 Under Contract -- -- --
06/10/2024 06/10/24 For Rent $3,400 0.0% --
03/03/2021 03/03/21 Sold $505,000 0.0% -- View Prior Sale
12/23/2020 12/23/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $505,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,363 $84,970 $8,390 $76,580
2024 $10,363 $82,889 $8,390 $74,499
2023 $8,868 $87,622 $8,390 $79,232
2022 $8,673 $99,287 $8,390 $90,897
2021 $9,915 $89,314 $8,390 $80,924
2020 $3,893 $99,542 $8,390 $91,152
2019 $4,001 $100,281 $8,390 $91,891
2018 $9,330 $100,688 $8,390 $92,298
2017 $8,777 $90,756 $8,389 $82,367
2016 $8,151 $83,107 $8,389 $74,718
2015 $4,214 $89,623 $8,389 $81,234
2014 $4,214 $78,676 $8,390 $70,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20009909

Real Estate Board of New York (REBNY)

APN: 0798-1101