NOT LISTED FOR SALE

209 7th Ave New York, NY 10011

Chelsea Neighborhood

Estimated Value: $4,224,872

-- Bed
-- Bath
-- Sq Ft
958 Sq Ft Lot

Last Sold June 28, 2021

Last sale price $3,900,000

Est. 8% increase in value since last sale

Current estimated payment $29,392/month

186 Days on Market

About This Home

As of June 2021

A mixed-use building located on the northeast corner of Seventh Avenue and West 22nd Street in the prime center of the Chelsea neighborhood submarket. This opportunity provides future development potential or high traffic location for an owner-user.The property offers 60 feet of frontage along 22nd Street facing the desirable southwest orientation providing generous light and air along the windowed facade.This walk-up building consists of 5 free market apartments and the restaurant "Restivo Restaurant" which will be delivered vacant at closing.

Last Agent to Sell the Property

Louis Puopolo

Douglas Elliman Commercial LLC License #10301209876 Listed on: 11/24/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $83,899

Lot Details

  • Property is in good condition

Interior Spaces

  • 4-Story Property
  • Washer Dryer Allowed

Community Details

  • 5 Units
  • Chelsea Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$83,899

Lot Details

0

Listing Details

  • Delivered Vacant: No
  • Property SubType: Single Family Townhouse
  • Property Type: Residential
  • Neighborhood: Chelsea
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Bathrooms Total: 0

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: No

Building Info

  • Units: 5
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jun 29, 2021
Sold by
169 West 22 Street Inc
Bought by
209 7Th Ave Llc
Seller's Agent
Louis Puopolo
Douglas Elliman Commercial LLC
List Price
$5,750,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,850,000
-32.17%
Current Estimated Value
$4,224,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,872
Avg. Annual Appreciation
1.90%
Original Mortgage
$1,312,745
Outstanding Balance
$1,191,113
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,033,760

Purchase Details

Closed on
Dec 15, 1995
Sold by
Blanda Cosmo J
Bought by
169 West 22 Street Inc
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 Buyer Sale Price Title Company
209 7Th Ave Llc $3,900,000 --
209 7Th Ave Llc $3,900,000 --
169 West 22 Street Inc $815,000 --
169 West 22 Street Inc $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 209 7Th Ave Llc $1,312,745
Closed 209 7Th Ave Llc $1,312,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $3,900,000 -32.2% --
05/29/2021 05/29/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $5,750,000 -- --
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 $83,899 $631,800 $163,742 $468,058
2024 $83,899 $671,088 $330,750 $481,741
2023 $76,224 $621,378 $188,724 $432,654
2022 $78,860 $1,201,050 $330,750 $870,300
2021 $74,293 $1,306,800 $330,750 $976,050
2020 $69,946 $1,374,300 $330,750 $1,043,550
2019 $65,486 $1,356,300 $330,750 $1,025,550
2018 $63,502 $499,267 $117,315 $381,952
2017 $63,502 $499,267 $134,025 $365,242
2016 $60,060 $465,874 $137,905 $327,969
2015 $25,795 $431,367 $127,536 $303,831
2014 $25,795 $399,414 $141,684 $257,730
Source: Public Records

Agents Affiliated with this Home

  • Louis Puopolo

    Seller's Agent in 2021

    Louis Puopolo

    Douglas Elliman Commercial LLC

    (212) 776-4367

    1 in this area

    2 Total Sales

    Louis Puopolo
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10743665

Real Estate Board of New York (REBNY)

APN: 0798-0001

New York New York County New York 10011 Chelsea

209 7th Ave, New York, NY

This home is located at 209 7th Ave, New York, NY 10011 since 24 November 2020 and is currently estimated at $4,224,872. 209 7th Ave is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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