NOT LISTED FOR SALE

291 7th Ave Unit 5 New York, NY 10001

NoMad Neighborhood

Estimated Value: $2,636,000 - $4,397,977

3 Beds
2.5 Baths
3,370 Sq Ft
$2,111/mo HOA Fee

Last Sold September 06, 2023

Last sale price $3,830,000 $1,136 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $26,053/month

64 Days on Market

Highlights

  • City View
  • 1-minute walk to 28 Street (1,2 Line)
  • Central Air
  • P.S. 33 Chelsea Prep Rated A
  • Pre War Building
  • 3-minute walk to Penn South Playground

About This Home

As of September 2023

Stunning and expansive 3370 square foot full floor, 3 bedroom, 2.5 bathroom, authentic loft has it all! Loft number 5 has so many attributes: soaring 11 foot high ceilings, four exposures from 17 windows, columns, and a wood burning fireplace, just to name a few. The high quality renovation in move-in condition is perfect as a primary residence or a proven investment property with a great rental history.

Enter directly from the keyed elevator into the massive great room and you will notice the space lends itself to multiple options for gracious dining and living areas. Here is where you can entertain numerous guests to your heart's content. The western end of the loft is graced by four large windows and would be an ideal location for live/work, home office and/or media area.

Throughout the loft are exquisitely crafted closet doors with custom interiors. They are the handiwork of a premier furniture and cabinet maker. They obviate the need for storage furniture allowing for a less cluttered lifestyle.

The vast windowed kitchen exemplifies simplicity, form and function with high end appliances, Corian countertops, ample counter space and a custom breakfast bar with seating for at least four. The adjoining pantry provides even more storage.

The bedroom wing is a delight..no interior bedrooms. All three bedrooms have multiple windows and wonderful custom closets. The corner primary bedroom has a generous walk-in closet and a spacious ensuite windowed bathroom, complete with a freestanding soaking tub, double pedestal sinks and large stall shower. The secondary bathroom in the bedroom wing is also large.There is a sweet half bathroom placed discreetly off of the living space for your guests.

In unit laundry room with a washer/dryer and utility sink.

291 Seventh Avenue, is an 8 unit loft condominium, built in 1907. Across the street from the Fashion Institute of Technology, the convenient location is near subways, buses and the newly expanded Pennsylvania Station. Food shopping is a breeze with Whole Foods, Trader Joe's, Eataly and Chelsea Market close by, as are many art galleries and shops. Madison Square Park, the High Line, and Hudson River Park are minutes away.

There is an ongoing capital reserve fund monthly fee of $430.45.

Last Agent to Sell the Property

Ellen Saland

Compass License #30SA0826375 Listed on: 05/08/2023

Compass

Co-Listed By

Nina Hennessey

Compass License #30HE1003693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,520

Year Built

  • Built in 1907

Lot Details

  • 4,008

HOA Fees

  • $2,111 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 3,370 Sq Ft Home
  • Wood Burning Fireplace
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Chelsea Subdivision
  • 12-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 802

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,520

Year Built

Built in 1907

Lot Details

0

HOA Fees

$2,111 per month

Listing Details

  • Cross Street: West 26th Street/West 27th Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Dining Area, Pantry
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3370.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2111.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 12
  • Year Built: 1907

Tax Info

  • Tax Block: 802
  • Tax Lot: 7502
  • Tax Annual: 41520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Sep 6, 2023
Sold by
291 Fifth Floor Llc
Bought by
Wang Emma Charlotte Lim Chiann and Wang Michelle
Seller's Agent
Ellen Saland
Compass
List Price
$4,100,000
Sold Price
$3,830,000
Premium/Discount to List
-$270,000
-6.59%
Views
183
Current Estimated Value
$3,733,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,506
Avg. Annual Appreciation
-1.22%
Original Mortgage
$2,330,000
Outstanding Balance
$2,280,583
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,452,911

Purchase Details

Closed on
Jan 31, 2008
Sold by
Gurfein Gregory and Gurfein Pauletta Brooks
Bought by
291 Fifth Floor Llc

Purchase Details

Closed on
May 8, 2000
Sold by
291 Seventh Avenue Realt
Bought by
Gurfein Gregory and Gurfein Pauletta Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
7.13%
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 Buyer Sale Price Title Company
Wang Emma Charlotte Lim Chiann $3,830,000 --
291 Fifth Floor Llc -- --
Gurfein Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Emma Charlotte Lim Chiann $2,330,000
Previous Owner Gurfein Gregory $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $3,830,000 -6.6% $1,136 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $4,100,000 0.0% $1,217 / Sq Ft
04/01/2021 04/01/21 Rented -- -- --
05/05/2020 05/05/20 For Rent $11,995 -- --
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 $49,771 $399,370 $35,024 $364,346
2024 $49,771 $398,107 $35,024 $363,083
2023 $39,364 $414,619 $35,024 $379,595
2022 $41,397 $411,685 $35,024 $376,661
2021 $50,796 $414,083 $35,024 $379,059
2020 $42,846 $458,654 $35,024 $423,630
2019 $39,920 $448,337 $35,024 $413,313
2018 $46,382 $432,680 $35,024 $397,656
2017 $35,480 $391,458 $35,024 $356,434
2016 $26,846 $372,589 $35,024 $337,565
2015 -- $322,723 $35,024 $287,699
2014 -- $303,899 $35,024 $268,875
Source: Public Records

Agents Affiliated with this Home

  • Ellen Saland

    Seller's Agent in 2023

    Ellen Saland

    Compass

    (917) 951-9522

    1 in this area

    34 Total Sales

    Ellen Saland
    Section Image
  • Nina Hennessey

    Seller Co-Listing Agent in 2023

    Nina Hennessey

    Compass

    (646) 644-3341

    1 in this area

    37 Total Sales

    Nina Hennessey
    Section Image
  • Todd Lewin

    Seller's Agent in 2021

    Todd Lewin

    Compass

    (917) 675-9054

    113 Total Sales

    Todd Lewin
    Section Image
  • Michael Rubin

    Seller Co-Listing Agent in 2021

    Michael Rubin

    Compass

    (347) 880-0349

    99 Total Sales

    Michael Rubin
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10890995

Real Estate Board of New York (REBNY)

APN: 0802-1107

New York New York County New York 10001 NoMad

291 7th Ave Unit 5, New York, NY

This home is located at 291 7th Ave Unit 5, New York, NY 10001 since 08 May 2023 and is currently estimated at $3,733,494, approximately $1,107 per square foot. This property was built in 1907. 291 7th Ave Unit 5 is a home located in New York County with nearby schools including P.S. 33 Chelsea Prep, Clinton School, and Middle School 297.

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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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