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291 Seventh Avenue #3
Condo in Chelsea •  building info
2bd • 2ba • 3,370ft² $816 per ft²
Sold price

$2,750,000

Key Details
Days on market
63
Last price change
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Estimated payment
$21,804
Taxes
$3,338
Monthly common charges
$2,413
Description
Experience true LOFT living in this expansive and stunning, full-floor, 3370 square foot live/work space in the heart of Chelsea! Welcome to 291 Seventh Avenue, #3 located in a boutique prewar condominium building and currently set up with 2-bedrooms and 2 full bathrooms with tons of closets and storage, and easily convertible to a 3 or 4-bedroom (see alternate floor plan). Enter through a private key-locked elevator into the foyer area and you'll immediately be taken in by the architectural beauty of the loft with its soaring 11-foot beamed ceilings and vast 66 31 foot common space featuring beautifully sculpted columns. The common space is currently set up with a large living room area around a working wood burning fireplace, an expandable dining area that can accommodate large gatherings comfortably, and an open kitchen with top-of-the-line Viking appliances, granite counter tops, breakfast bar with ample seating, and tons of smart storage space. To the right of the foyer area are 4 large west-facing windows that brighten the loft space throughout the day and highlight two additional living areas, currently set up as a den and home office. Closets line both the north and south sides of the space, including a large laundry closet with washer and dryer and a freight elevator. The serene, east-facing bedrooms are accessed off a private hallway just beyond the kitchen and dining areas. The king-sized primary bedroom with seating features 4 large windows, a 10 7 foot custom walk-in closet, and a spa-like 5-fixture bathroom with walk-in shower, whirlpool bathtub, and two pedestal sinks - all outfitted with Kohler fixtures. The 2nd king-sized bedroom features 2 large windows, a large closet, and plenty of space for a dresser and seating. Off the hallway is the second full bathroom as well as an additional interior room useful for storage, an office, or another sleeping area. Beautiful oak strip hardwood floors, central air conditioning, steam heat, closets galore (12 in total), a dedicated basement storage unit, and the ability to legitimately use this enormous, functioning live/work space in many different ways (see virtually staged office photo) make 291 Seventh Avenue, 3rd floor an excellent choice for your next home and/or business! 291 Seventh Avenue, #3 is in a 10-story boutique private elevator condominium building built in 1907 and located in Chelsea between West 26th-27th Streets. The pet-friendly building features a new video entry monitor with remote access, and full-floor, live/work loft apartments. Across from the Fashion Institute of Technology, it is close to many markets such as Whole Foods, Trader Joe's, and Eataly, as well as numerous fitness centers, art galleries, shops and transportation including 3 major subway lines and Penn Station. Nearby Madison Square Park, The Highline, and Hudson River Park. There's a monthly assessment of $409.95 in place to build up the condo's reserve fund. Real estate taxes indicated reflect the primary residence abatement; consult with your attorney or NYC DOF for confirmation of the RE taxes payable.

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Important Stuff
Elevator
Washer/Dryer in unit
Listing Amenities
City View
Fireplace
Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.75 %
Mortgage Amount
$2,475,000
Mortgage Payment
$16,053
Common Charges
$2,413
Taxes
$3,338
Estimated closing cost
$102,000
Total monthly cost $21,804
Listing Courtesy of Corcoran Group

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