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Chelsea Atelier, 245 Seventh Avenue, #5A

$2,800,000 ($1,399 per ft2) | 2 beds, 2.5 baths | Approx. 2,002 ft2
Building Profile  | 
61 days on Market

Key Details

  • Listed: Jul 12, 2024
    Days on Market: 61
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,782
Monthly Real Estate Taxes: $3,031
Total Taxes & Fees: $5,813 ($2.90/ft2)
Est. Monthly Mortgage: $15,680
Total Est. Monthly Carrying Cost: $21,493 ($10.74/ft2)
Note: the above is based on a down payment of 10% ($280,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2,002 sq ft condominium loft is located in the desirable Chelsea neighborhood, offering easy access to Whole Foods, Trader Joe’s, Eataly, top restaurants, excellent shopping, numerous world-class art galleries, and multiple subway lines and the Path train at 23rd Street.
  • High-End Renovations: The loft has been beautifully renovated with high-end finishes such as wide, white oak floors, high-gloss European paint, and Venetian plaster, and features a Poggenpohl kitchen with stainless appliances including a Viking stove, Sub-Zero refrigerator, and dual Miele dishwashers.
  • Building Amenities and Security: The building offers a full-time doorman and live-in resident manager for added security and convenience, as well as an attended lobby, concierge, resident storage, central AC, intercom, elevator, in-unit washer/dryer, bike room, and live-in superintendent.
  • Additional Features: The loft includes a home office that can be converted into a small home gym, a 1000+ bottle wine room for wine enthusiasts, oversized windows that allow for plenty of natural light, and electric shades, washer/dryer, and central AC and heat for added comfort.
  • Pet-Friendly: The building is pet-friendly, making it a perfect choice for pet owners.
  • Building History: Built in 1911 and converted into a condominium in 1997, the building has a rich history and is well-maintained with a handsome pre-war design.

Description

Welcome to 5A, a beautifully renovated, expansive condominium loft with 11’ ceilings, 2 or 3 bedrooms, 2.5 baths, a home office, Poggenpohl kitchen, 1000+ bottle wine room, and oversized 7’1 x 4’7 windows. This home has unique features including beautiful wide, white oak floors, high-gloss European paint, Venetian plaster in the living room, marble window sills, electric shades, washer dryer, and central AC and heat. Enter to a proper foyer that leads to the vast south-facing entertaining space which offers multiple seating areas, a perfect spot for a substantial dining table, and a large south-facing media room separated by elegant opaque glass pocket doors.

This versatile and lovely room can function in a myriad of ways, including as a third bedroom, The Poggenpohl kitchen has attractive light wood cabinets, a plethora of storage space, and stainless appliances including a Viking stove, Sub-Zero refrigerator, built-in microwave and dual Miele dishwashers. A bedroom hallway, lined with closets enhanced by the perfect shade of blue gray lacquered doors, also houses the vented washer/dryer and across is a separate built-in office area, easily converted to a small home gym. The generously sized quiet but light, north-facing primary bedroom has a fully outfitted, windowed dressing area and a marble spa-like en-suite bathroom with large glass shower, clad in marble and separate WC.

The second bedroom is also spacious with an ensuite Bazzaza tiled bath and glass shower. The Chelsea Atelier, a boutique, pet friendly, prewar condominium with 24-hour doorman, live-in resident manager, bike and deeded basement storage (which trades with the loft),is conveniently located across from Whole Foods and near Trader Joe’s, Eataly, top restaurants and excellent shopping. Also close are the numerous world class art galleries that populate the area.

Transportation options are many: the 1, 2, A,C,E, F, M, and N/R/Q/W subway lines and the Path train at 23rd Street.

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Listing courtesy of Compass

Pricing History

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About Chelsea Atelier, 245 Seventh Avenue

72

Chelsea Atelier, 245 Seventh Avenue has received a CityRealty Rating of 72, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
23
Out of 36
+
15
Out of 39
+
9
=
72
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1997
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Intercom
  • Elevator
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Pros
  • Full-time doorman
  • Excellent public transportation
  • Prime Chelsea location
  • Exotic and very handsome cornice
  • Consistent fenestration
  • Rusticated base
  • Bank on ground floor
  • Across from Whole Foods
  • Storage
Cons
  • No sidewalk landscaping
  • Exposed rooftop water tank
  • No sundeck
  • No balconies
  • No garage
  • No fitness center
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Subways

  1. 1
at 7th Ave 0.07 miles
  1. M
  2. F
at 6th Ave 0.17 miles
  1. C
  2. E
at 8th Ave and 25th 0.19 miles
  1. N
  2. R
at Broadway 0.32 miles
  1. 2
  2. 3
at 7th Ave 0.43 miles
  1. A
  2. L
at 8th Ave and 16th 0.46 miles
  1. B
  2. D
  3. Q
at 6th Ave 0.48 miles

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