229 7 AVENUE
BBL 1007990003 · Class D8 · Built 1987 · 19 floors · 214 units · GS CHELSEA II PROPERTY OWNER, LLC
229 7 AVENUE is a property in New York City zoned C6-3X. The C6-3X classification is Commercial C6-3X. The structure was built in 1987. It has 19 floors. The building contains 212,134 square feet. Built FAR is 11.52 of 9 maximum allowed. Assessed value is $39,055,950. Last sold for $245,000,000 in July 2022. Located in Council District 3.
You can build 166K sf as-of-right. The lot uses 128% of it today.
Governing use: residential at FAR 9.00 on a 18,415 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
11 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jul 12, 2022 | DEED | $245,000,000 | GS CHELSEA PROPERTY OWNER, LLC→GS CHELSEA II PROPERTY OWNER, LLC |
| Mar 3, 2016 | DEED | $211,250,000 | CHELSEA COMMONWEALTH LLC→GS CHELSEA PROPERTY OWNER, LLC |
| May 31, 2006 | DEED | $117,400,000 | 160 WEST 24TH STREET PARTNERS LLC→CHELSEA COMMONWEALTH LLC |
| Nov 3, 2004 | DEED | $90,400,000 | THE CHELSEA LLC,→160 WEST 24TH STREET PARTNERS LLC, |
| Mar 28, 2003 | DEEDO | — | THE CHELSEA LLC→THE CHELSEA LLC |
| Jul 24, 2001 | DEED | — | SEVENTH CHELSEA ASSOCIATES LLC→CHELSEA LLC |
| Jul 26, 1990 | DEED | — | COMMISSIONER OF FINANCE→CITY OF NEW YORK |
| May 1, 1986 | DEED | — | PALO ALTO OPERATINGCORP→SEVENTH CHELSEA ASSOC |
| Jan 20, 1984 | DEED | — | BIRNANT, DANIEL A.→PALO ALTO OPERATINGCP |
| Jan 19, 1982 | DEED | — | 200 WEST 21 ST CORP.→BIRNANT, DANIEL A. |
| Nov 1, 1976 | DEED | — | JAFIN PROPERTIES INC→200 W 21ST ST CORP |