$785,000
SOLD DEC 16, 2024
1 Bed
1 Bath
795 Sq Ft
1926 Built

Recently Sold

$987 Per Sq Ft

25% Below List Price

219 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 28 Street (1,2 Line)
  • Entrance Foyer
  • P.S. 33 Chelsea Prep Rated A
  • High Ceiling
  • 5-minute walk to Penn South Playground

About This Home

As of December 2024

BRIGHT WESTERN EXPOSURE LOFTY CHELSEA 1 BEDROOM CONDO Enjoy the sunsets! Entry foyer, large and bright living room facing west and open city views. Chef's modern kitchen, great closet space, and hardwood floors throughout. The Kneel Tower, formerly known as The Fur District landmark, 315 Seventh Avenue is a unique loft conversion in a historic art deco skyscraper built in 1926 at the nexus of several dynamic neighborhoods in Chelsea. The building is within walking distance of most subway lines, and close proximity to Penn Station.

Lofts boast 11 foot ceilings and unobstructed Western views over FIT, allowing incredible amounts of light and amazing views of the sunset over the Hudson River and New Jersey. Several units have large terraces on the building's multiple architectural setbacks.

In the decade plus since its conversion to condominiums, the building has been updated beautifully with major capital projects to modernize infrastructure and restore historic character, and extensive luxury renovations throughout the building including several combined units.

The building has a thriving community in an area experiencing extensive investment and development, and stands out as a historic New York original. Gas included, Storage wait list.

Last Agent to Sell the Property

Nicholas Colombos

Compass License #40CO0832604 Listed on: 03/01/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,888

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 78.210000x57.000000
  • West Facing Home

HOA Fees

  • $755 Monthly HOA Fees

Interior Spaces

  • 795 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 7501 / 00803

Community Details

Overview

  • High-Rise Condominium
  • Chelsea Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,888

Year Built

Built in 1926

Lot Details

0

HOA Fees

$755 per month

Listing Details

  • Exposures: West
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 18
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer, High Ceilings, Walk-In Closet(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 795.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 755.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 78.210000x57.000000

Building Info

  • New Construction: No
  • Units: 91
  • Total Stories: 21
  • Year Built: 1926

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00803
  • Tax Lot: 7501
  • Tax Annual: 21888.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Dec 16, 2024
Sold by
Deena Altman As Trustee Of and Natan Altman As Trustee Of
Bought by
Rhoad Bradley
Seller's Agent
Nicholas Colombos
Compass
List Price
$1,049,000
Sold Price
$785,000
Premium/Discount to List
-$264,000
-25.17%
Views
101
Current Estimated Value
$807,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,236
Avg. Annual Appreciation
4.93%
Original Mortgage
$706,500
Outstanding Balance
$702,827
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,409

Purchase Details

Closed on
Feb 11, 2019
Sold by
Altman Zipora
Bought by
Deena Altman As Trustee and Of The Zipora Altman Irrevocable Trust

Purchase Details

Closed on
Mar 30, 2011
Sold by
Carriage House Center On Global Issues F and Earth Pledge Foundation
Bought by
Altman Zipora

Purchase Details

Closed on
Jun 1, 2001
Sold by
Fashion Place Associates
Bought by
Earth Pledge Foundation
Source: Public Records

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Range of Values:

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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
Deed $785,000 --
Deed -- --
Deed -- --
Deed $768,060 --
Deed $768,060 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $706,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $785,000 -12.3% $987 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $895,000 -6.3% $1,126 / Sq Ft
05/08/2024 05/08/24 Price Changed $955,000 -4.3% $1,201 / Sq Ft
04/02/2024 04/02/24 Price Changed $998,000 -4.9% $1,255 / Sq Ft
03/01/2024 03/01/24 For Sale $1,049,000 -- $1,319 / Sq Ft
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 $21,246 $163,024 $9,713 $153,311
2024 $21,246 $169,944 $9,713 $160,231
2023 $21,891 $178,458 $9,713 $168,745
2022 $21,419 $185,633 $9,713 $175,920
2021 $20,629 $172,339 $9,713 $162,626
2020 $21,396 $190,880 $9,713 $181,167
2019 $16,502 $186,586 $9,713 $176,873
2018 $18,404 $185,475 $9,713 $175,762
2017 $17,063 $171,151 $9,713 $161,438
2016 $15,276 $159,595 $9,713 $149,882
2015 $9,496 $149,578 $9,713 $139,865
2014 $9,496 $144,778 $9,713 $135,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973679

Real Estate Board of New York (REBNY)

APN: 0803-1075