- Year built
- 1963
- Type
- Cooperative
- Units
- 186
- Floors
- 22
- Landmark
- No
- Subletting
- Generally restricted (board discretion)
313 Eighth Avenue is a postwar high-rise cooperative on one of Chelsea's primary north-south avenues. Completed in 1963, it belongs to the early-1960s era of red-brick elevator apartment houses that rose across Chelsea and the western blocks as the neighborhood densified — the same family of postwar buildings represented nearby on Ninth Avenue at 212 Ninth Avenue and 263 Ninth Avenue. At 22 stories and roughly 186 residences, it is a building of real scale, and that scale tends to produce a deeper, more liquid resale market than smaller boutique co-ops while spreading the building's operating costs across more units.
The building's appeal is the appeal of central Chelsea: a position on Eighth Avenue in the heart of one of Manhattan's most walkable neighborhoods, with the corridor's transit, retail, the High Line to the west, and the Chelsea gallery district all within easy reach. For buyers who want a stake in the neighborhood at a more accessible entry point than Chelsea's trophy condominiums, a postwar co-op like 313 Eighth Avenue is often the answer — co-op pricing, on a per-room basis, generally sits below condominium pricing for comparable space, in exchange for the board-governance framework co-ops carry.
What distinguishes the cooperative form here is exactly that framework. Buyers purchase shares in a corporation rather than real property, and every purchase is subject to board approval. That structure self-selects for an owner-occupant community and produces a different ownership experience than the condominiums nearby. It also shapes how the building behaves on resale, which we address in the sales context below.
Architecture and unit composition
313 Eighth Avenue presents as a postwar red-brick high-rise of the early-1960s type — a 22-story elevator building organized as efficient, light-filled apartments rather than the room-heavy layouts of the prewar era. Buildings of this vintage typically feature simpler detailing than their prewar counterparts, larger window openings, and floor plans that emphasize practical, well-proportioned rooms. Exposures and light improve with height; the upper floors carry open western and city outlooks across the lower-rise blocks around them. Apartment-level layout, light, and condition are best assessed in person.
Because this is a cooperative, the apartment you are evaluating is described and priced by its room count, not by square footage. The room count — foyer or entry, living room, kitchen, and bedrooms — is the working unit of value here, and renovations over the decades may have reconfigured rooms relative to the original plan. The roughly 186-unit scale implies a range of line types and exposures across the building; a building of this size will have meaningful variation between lines.
Building operations
313 Eighth Avenue operates as a postwar cooperative. Day-to-day operations include the elevator and attended lobby coverage, a live-in or on-site superintendent, central laundry, and building storage typical of the postwar full-service profile.
Maintenance at a co-op is quoted on a per-room basis and covers the building's operating costs, the underlying mortgage (if any), and the shareholder's pro-rata portion of real estate taxes — a key structural difference from condominium common charges, which are quoted separately from taxes. Buyers should review the building's financial statements, reserve position, any underlying mortgage and its terms, and recent and planned capital projects during due diligence. For a postwar building, the relevant items are façade and Local Law 11 work, elevator modernization, roof and mechanical systems, window and balcony conditions where applicable, and the reserve fund's adequacy relative to the capital plan.
Local Law 97
- 2024–2029 annual penalty
- $3,788,123/yr
- 2030–2034 annual penalty
- $3,955,324/yr
- Per unit / month range
- $1,697 – $1,772
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
As a cooperative, 313 Eighth Avenue prices on a per-room basis rather than per square foot, and its resale market behaves accordingly. Postwar Chelsea co-ops of this scale tend to trade within a per-room band that the building establishes over time across its lines and apartment sizes; larger, renovated apartments with better light and higher floors sit at the top of that band, while units needing work or with weaker exposures sit below it. The monthly maintenance — also expressed per room — is part of what buyers underwrite, because a lower asking price paired with a higher per-room maintenance can net to a similar total cost of ownership.
The building's prevailing per-room range is best read against current recorded transfers and the building's own financials. We do not publish specific transaction prices, addresses, or names here. (Source: NYC DOF recorded transfers for apartment-level history.)
Two factors specific to the co-op form shape resale velocity. First, board approval introduces a screening step that condos do not have, which can lengthen the path from accepted offer to closing. Second, the building's financing cap and minimum down payment — which vary by building and are confirmed at offer stage — define the buyer pool. Both are normal features of co-op ownership and are manageable with preparation.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00749-0024) 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
You are buying shares, and the board must approve you. A co-op purchase requires a board package and an in-person interview, and the board's approval is required to close. Build the package thoroughly and present it well; this is the single most consequential step in a co-op purchase.
Price the apartment on a per-room basis. Confirm the room count and the per-room maintenance, and underwrite the total monthly carry — maintenance plus any assessments — alongside the purchase price.
Financing and down-payment minimums vary. Co-op boards set their own financing caps and minimum down payments, and these define what offers are viable. Confirm the building's current financing cap and minimum down payment at offer stage.
Higher floors carry the light and the views. In a 22-story postwar building, floor height materially changes exposure and outlook; evaluate the specific line in person.
Subletting and pied-à-terre use are typically restricted. Both are generally subject to board discretion. If your plan involves anything other than primary-residence occupancy, confirm the building's current policy before you commit.
Run the diligence a postwar building requires. Review financials, the reserve study, any underlying mortgage, and the capital plan — façade/Local Law 11, elevators, roof, and mechanicals are the items that matter most.
What to know if you’re selling
Position the apartment on its room count, floor, and condition. The per-room frame is how the co-op market reads value here; a clean, well-presented apartment with a clear room count, good light, and a competitive per-room maintenance shows best.
Lead with location and value. A central-Chelsea address at co-op pricing is the building's core story; pair it with the apartment's specific exposure and outlook.
Prepare your buyer for the board. The most common reason a co-op sale stalls is a buyer who is not ready for the package and interview. Screening for board-readiness — financials, down payment, and use plans consistent with house rules — protects your timeline.
Plan for a longer closing. Co-op timelines include board review; price your own next move around that reality.
Comparable buildings
If you're considering 313 Eighth Avenue, also evaluate these nearby Chelsea buildings. Several are condominiums rather than co-ops; we note them as corridor comparables, and your decision between co-op and condo ownership is itself part of the analysis:
- 212 Ninth Avenue — sibling-era postwar Chelsea cooperative nearby
- 263 Ninth Avenue — nearby postwar Chelsea building
- 100 Seventh Avenue — large prewar Chelsea cooperative
- 252 Seventh Avenue (The Chelsea Mercantile) — large prewar conversion on Seventh Avenue
- 219 West 25th Street — nearby Chelsea cooperative
- 245 Tenth Avenue — West Chelsea condominium for a tenure comparison
For buyers specifically weighing co-op versus condo ownership, the comparison is less about the buildings themselves and more about governance, carrying-cost structure (per-room maintenance inclusive of taxes versus separate common charges and taxes), and use flexibility.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 313 Eighth Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 313 Eighth Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.