--- title: "315 7th Avenue #16C, New York City, NY 10001" description: "315 7th Avenue #16C, New York City, NY 10001 — Chelsea, New York City, NY. Listing Price $815,000. Studio bed, 1 bath, 612 sqft Illustrative Buyer Commission Share of $12,225 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/315-7th-avenue-16c-ny-10001" source: "Real Estate Rebate Team" dateModified: "2026-09-08T01:56:49.139Z" status: "Active" --- # 315 7th Avenue #16C, New York City, NY 10001 Chelsea, New York City, NY Courtesy of Compass Last updated: September 7, 2026, 9:56 PM ## At a Glance - **Listing Price**: $815,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 612 - **Common Charges**: $653 / mo - **Monthly Taxes**: $1,027 / mo - **Price per Sqft**: $1,332 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $815,000 - **Illustrative Buyer Commission Share**: -$12,225* - **Illustrative Net Cost**: $802,775 *Illustrative Buyer Savings of $12,225 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![315 7th Avenue #16C, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4e56d7db-5369-4fd5-bf57-fdf57f255a0b.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb781bcc-64cc-4b18-8c25-873c80d534a5.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb044394-4dcb-44bd-9942-3df6a8d209a4.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a3d4dcbe-cf64-42b7-bf6d-562688f71e6f.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2449d209-5a0d-4472-ae23-4bca3ece4086.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f78864bb-fcae-42a1-a02d-b38abf4da42f.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2196d12f-92c4-46b4-b80f-c1b0dcf00974.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4dae3605-f3c0-42a5-b5df-24eabea875ce.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4377adf3-0c81-4732-b6d9-65ad3f40a290.jpg) ![315 7th Avenue #16C, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00dabcbf-cb53-4ac8-8cb6-da761003c9ce.jpg) ## Property Overview Residence 16C is a one of a kind renovated LOFT in a historic gothic style pre-war building. This great apartment features 11 ft. beamed ceilings with recessed lighting, stylish concrete flooring, a renovated open kitchen, marble bathroom with rain shower, great closets with tons of storage, and your own in unit washer/dryer. Enjoy beautiful sunsets and city views from your 3 oversized windows. The Kheel Tower is a well-maintained condominium with staff that will accept packages for residents. Conveniently located on the same block as the 1 subway line and is a short walk from the 2,3, E, B, D, F, M, N, Q, R and W lines. Neighborhood amenities include multiple supermarkets – Whole Foods, Trader Joe’s and Fairway, restaurants, and close proximity to Hudson Yards, Madison Square Garden and Penn Station. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 612 sqft - **Stories**: 21 - **Year Built**: 1926 - **Price per Sqft**: $1,332 - **Common Charges**: $653 / Monthly - **Monthly Taxes**: $1,027 / mo - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Wall Unit(s) - Central - Common On Floor - Common Area - In Unit - Granite Counters - High Ceilings - His and Hers Closets - Recessed Lighting - Dishwasher - Gas Cooktop - Gas Oven - Refrigerator - Stainless Steel Appliance(s) - Stone - City ## Sales Evidence ### Recent closed sales 19 apartments at Kheel Tower have recorded sales since September 2021, the most recent for $882,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3C (Apartment) | 1 | 736 | $882,000 | $1,198/ft² | June 24, 2026 | MLS | | 17A (Apartment) | 1 | 775 | $1,125,000 | $1,452/ft² | June 18, 2026 | City record · MLS | | 18D (Apartment) | Studio | 530 | $720,000 | $1,358/ft² | May 26, 2026 | City record | | 10E (Apartment) | Studio | 477 | $635,000 | $1,331/ft² | December 22, 2025 | City record · MLS | | 16-D (Apartment) | Studio | 540 | $735,000 | $1,361/ft² | July 31, 2025 | City record · MLS | | 2A (Apartment) | 1 | 770 | $1,035,000 | $1,344/ft² | June 23, 2025 | City record · MLS | | 18B (Single Family Residence) | 1 | 795 | $785,000 | $987/ft² | December 16, 2024 | City record · MLS | | 2C (Apartment) | 1 | 736 | $1,037,500 | $1,410/ft² | September 6, 2023 | City record · MLS | | 8C (Apartment) | Studio | 600 | $879,000 | $1,465/ft² | December 13, 2022 | City record · MLS | | 6-C (Apartment) | Studio | 612 | $875,000 | $1,430/ft² | October 12, 2022 | City record · MLS | | 7-D (Apartment) | Studio | 530 | $720,000 | $1,358/ft² | July 29, 2022 | City record · MLS | | 12D (Apartment) | Studio | 530 | $805,000 | $1,519/ft² | June 27, 2022 | City record · MLS | | 11C (Apartment) | Studio | 612 | $825,000 | $1,348/ft² | May 18, 2022 | City record · MLS | | 4A (Apartment) | 1 | 775 | $1,050,000 | $1,355/ft² | February 10, 2022 | City record · MLS | | 18D (Apartment) | Studio | 530 | $770,000 | $1,453/ft² | February 1, 2022 | City record · MLS | | 2-B (Apartment) | 1 | 750 | $815,000 | $1,087/ft² | January 14, 2022 | City record · MLS | | 5C (Apartment) | 1 | — | $928,000 | — | November 23, 2021 | City record · MLS | | 2D (Apartment) | — | 956 | $999,000 | $1,045/ft² | October 29, 2021 | City record | | 4D (Apartment) | 1 | 953 | $1,360,000 | $1,427/ft² | September 16, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable studio sales at Kheel Tower is $770,000, based on 9 sales between February 2022 and May 2026. This home is asking $815,000, $45,000 above that median. The middle half of those sales closed between $720,000 and $825,000. - **Median closed price**: $770,000 - **Middle half**: $720,000 – $825,000 - **Based on**: 9 studio sales at Kheel Tower - **Period**: February 2022 – May 2026 - **Median $/ft²**: $1,361/ft² Across the 5 of these sales with a published asking price, the median closed at 99.3% of what it originally asked. 60% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 99.3% of the original ask - **Closed below ask**: 60% of 5 sales - **Listed → in contract**: 65 days (about 9 weeks) - **In contract → closed**: 72 days (about 10 weeks) Across the 5 of these sales with a published asking price, the median closed at 99.3% of what it originally asked. 60% of them closed below the original ask. Half of these homes were in contract within 65 days (about 9 weeks) of coming to market, based on the 6 with a recorded listing date. Once a deal was agreed, closing took a further 72 days (about 10 weeks), based on the 6 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 9 studio sales at Kheel Tower, February 2022 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at Kheel Tower, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,464/ft² | 4 (thin) | | 2018 | $1,518/ft² | 5 | | 2019 | $1,342/ft² | 3 (thin) | | 2020 | $1,283/ft² | 5 | | 2021 | $1,327/ft² | 7 | | 2022 | $1,394/ft² | 8 | | 2025 | $1,344/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Kheel Tower](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/kheel-tower) ## About The Building ### Kheel Tower Chelsea · Condominium 315 7th Avenue, New York, NY 10001 A building in Chelsea, currently featuring 4 active listings. - **Year Built**: 1926 - **Total Units**: 4 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/kheel-tower) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [16C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/315-7th-avenue-16c-ny-10001) | Studio | 1 | 612 sqft | $1,332 | $815,000 | Compass | Sep 8, 2026 | 0 days | | [3D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/315-7th-avenue-d-3D-ny-10001) | 2 | 2 | 1,000 sqft | $1,450 | $1,450,000 | Brown Harris Stevens Residential Sales LLC | Apr 8, 2026 | 153 days | | [17D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/315-7th-avenue-d-17D-ny-10001) | Studio | 1 | 530 sqft | $1,613 | $855,000 (-0.5%) | Compass | Apr 27, 2026 | 134 days | | [17C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/315-7th-avenue-c-17C-ny-10001) | Studio | 1 | — | — | $859,000 (-1.2%) | Keller Williams NYC | Jun 8, 2026 | 92 days | ## Estimated Monthly Payment **$5,801 / month**, assuming a 20% down payment ($163,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,121 - **Property Taxes**: $1,027 - **Common Charges**: $653 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Chelsea Art Galleries & High Line Living [Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Chelsea - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) ## Related Links - [Kheel Tower — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/kheel-tower) - [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.