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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10001
  6. 408 8th Avenue #8B
Property thumbnail
1 / 12
Condominium•Chelsea

408 8th Avenue #8B, New York City, NY 10001

Listing Courtesy of Compass

$525,000

Potential Rebate: $7,875

Condominium
Studio
1 Bath
2 Rooms
401 sqft
Built 1986
12 Stories
1,309/ft²
Listed on Aug 28, 2025
141 days on market
Book a Tour

Overview

Investors Only - Tenant in place through 04/30/2027 paying $3000

Sleek and Sophisticated Studio in the Heart of Midtown South
Experience the epitome of Manhattan living in this luminous studio at 408 8th Ave, Apartment 8B. Perched on the 8th floor, this refined residence offers a seamless blend of modern elegance, comfort, and prime location in one of the city’s most dynamic neighborhoods.

Residence Features:
Sun-Drenched Interiors: Bathed in natural light from Western-facing windows, the space glows with warmth and radiance, creating an inviting and serene ambiance.
Smart, Stylish Layout: Thoughtfully designed to maximize both functionality and style, this studio features a sleek kitchen equipped with dishwasher.

Building Amenities:
Full-Time Doorman: Enjoy 24/7 security and concierge service, providing both peace of mind and convenience.
On-Site Laundry: Effortless access to in-building laundry facilities, making daily living stress-free.

Exceptional Location:
Unparalleled Connectivity: Situated directly across from Moynihan Train Hall, you’ll have instant access to Amtrak, LIRR, and subway lines A, C, E, and 1, 2, 3—perfect for seamless city commuting.

Entertainment & Culture at Your Doorstep:
Madison Square Garden a stones throw away, offering world-class sports and entertainment.

Moments from Hudson Yards: Just two blocks from Hudson Yards and the scenic Hudson River esplanade, where you can indulge in upscale shopping, fine dining, and tranquil waterfront strolls.

Your Midtown Sanctuary Awaits
More than just a residence, this impeccably located studio offers an elevated lifestyle with unmatched access to Manhattan’s best. Whether you’re seeking a vibrant city base or a sophisticated pied-à-terre, this Midtown gem delivers on every level.

Home Features

  • •Building Washer Dryer Install Allowed
  • •Common On Floor
  • •Common Area
  • •Balcony
  • •Private Outdoor Space Under 60 Sqft
  • •Dishwasher
  • •Hardwood
  • •City

Estimated Monthly Payment

$3,733 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,594
Property Taxes
$596
Maintenance/Common Charges
$543

Estimated Rebate for this Home

One-time rebate at closing

$7,875

Monthly savings impact

$22/mo

Effective Purchase Price

$517,125

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20044768

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

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.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20044768

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 408 8th Avenue against the surrounding Chelsea market.

Based on 1 active unit in building vs 278 in area

Average List Price

Building$525.0K
Neighborhood$4.2M

Price Per SqFt

Building Avg$1,309/ft²
Neighborhood Avg$1,890/ft²
Value Opportunity

30.72% Lower

than the Chelsea price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Chelsea

Chelsea

Art Galleries & High Line Living

\n

Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.

\n

Real Estate & Housing Market

\n

A mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.

\n

Lifestyle & Community

\n

Vibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.

\n

Transportation & Accessibility

\n

C/E, 1, and F/M trains serve the area. Penn Station is at the northern border.

\n

Parks, Schools & Amenities

\n

The High Line is the crown jewel. Chelsea Piers offers massive sports facilities.

\n

Who This Neighborhood Is Best For

\n

Best for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

Chelsea GuideAll Neighborhoods
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