- Year built
- 2011
- Type
- Condominium
- Floors
- 12
- Landmark
- No
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
306 Eighth Avenue is a full-service contemporary condominium at the northeast corner of Eighth Avenue and West 26th Street, in the heart of Chelsea. Completed in 2011, it is a new-construction mid-rise with ground-floor retail and a full amenity program, sited at one of the neighborhood's most connected corners — steps from the Chelsea gallery district to the west, the Flatiron and NoMad corridors to the east, and the transit and dining density of Eighth Avenue.
The building's appeal is straightforward: modern construction, full building services, and a central Chelsea address inside a flexible condominium. It offers the transactional latitude of condo ownership — pieds-à-terre, investment use, and subletting all permitted — in a neighborhood where buyers prize both flexibility and access.
For-sale inventory at 306 Eighth Avenue tends to be thin, and a meaningful share of apartments is held by investors, so the building trades less frequently than some Chelsea condos. That relative scarcity is worth understanding on both sides of a transaction: buyers should be prepared to act when the right unit appears, and sellers benefit from limited comparable competition within the building.
Architecture and unit composition
The building rises approximately 12 stories in a contemporary new-construction envelope with ground-floor retail along Eighth Avenue. It occupies a corner parcel that also carries West 26th Street addresses.
Apartments are 2011-era new construction — modern kitchens and baths, efficient layouts, and good light on the avenue and corner exposures. Floor, exposure, outdoor space where present, and specific line are the primary pricing variables; corner and higher-floor units capture the best light and views.
Building operations
306 Eighth Avenue operates as a full-service condominium: a full-time doorman and concierge, a live-in resident manager, a fitness center, a resident lounge, a children's playroom, a bicycle room, on-site laundry, common outdoor space, and parking. Pets are permitted under building rules.
As a condominium, the building offers standard condo flexibility — pieds-à-terre, investment use, and subletting are permitted under the declaration. Common charges and property taxes should be modeled for the specific apartment; buyers should review the current financials, any assessments, and the reserve position during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $22,847/yr
- Per unit / month range
- $0 – $9
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
306 Eighth Avenue trades as a Chelsea condominium read on a price-per-square-foot basis. Because for-sale inventory is thin and a share of the building is investor-held, comparable sales within the building can be sparse, and apartment-level pricing should be triangulated against nearby Chelsea condos of similar vintage and service level. Floor, exposure, line, and renovation condition are the primary drivers.
The building's value proposition — modern construction, full amenities, and a central Chelsea corner inside a flexible condominium — supports demand when apartments become available, notwithstanding the building's lower trading velocity.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| May 20, 2011 | — | $614,459 |
| May 6, 2011 | — | $1,412,500 |
| May 20, 2011 | — | $614,459 |
| Apr 14, 2011 | — | $1,412,500 |
| Aug 20, 2007 | — | $2,500,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00775-7502) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What to know if you’re buying
Inventory is thin. The building trades less frequently than some Chelsea condos, and a share of units is investor-held. Be prepared to act when the right apartment appears.
Condo flexibility is real. Pieds-à-terre, investment use, and subletting are permitted under the declaration.
Amenities are full-service. Doorman, fitness center, lounge, playroom, and parking put the building at a high service tier for its size. Confirm what carrying costs support them.
Triangulate pricing. Because within-building comparables can be sparse, price against comparable nearby Chelsea condos of similar vintage and service level.
Model the full carry. Confirm common charges, property taxes, and any assessment for the specific apartment.
What to know if you’re selling
Limited competition is your leverage. Thin inventory within the building means fewer directly comparable units competing for buyers. Price and market to that advantage.
Lead with location and amenities. A central Chelsea corner, modern construction, and a full-service program are the marketing story. Foreground them.
Prepare for a triangulated valuation. With sparse within-building comparables, a clear analysis against nearby Chelsea condos supports pricing confidence for buyers.
Comparable buildings
If you're considering 306 Eighth Avenue, also evaluate:
- 100 West 18th Street — full-service Chelsea condominium
- 250 West 15th Street — Chelsea condominium nearby
- 245 Seventh Avenue — Chelsea condominium with full amenities
- Chelsea — the broader corridor
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
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