- Year built
- 1963
- Type
- Cooperative
- Units
- 354
- Floors
- 21
- Landmark
- No
- Pets
- Pets permitted under the cooperative's house rules
- Subletting
- Permitted with board approval; terms confirm at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $975K
- Recent range
- $449K – $1.8M
- Listing discount
- 0.4%
- Recorded transfers
- 333
The Vermeer is a 1963 postwar cooperative that occupies the entire Seventh Avenue blockfront between West 14th and West 15th Streets — the seam where Chelsea, Greenwich Village, and the Flatiron/Union Square markets meet. The given address, 61 Seventh Avenue, is one of the building's frontages; the cooperative is most often marketed as 77 Seventh Avenue. At 21 stories and roughly 354 residences, it is one of the larger full-service co-ops on the lower west side, and its appeal is straightforward: postwar full service — door staff, concierge, live-in resident manager, roof deck, on-site garage — at a price point and in a location that put Chelsea, the Village, the 14th Street transit hub, and Union Square within a few minutes' walk.
The location is the building's defining asset. Few addresses in Manhattan sit at the convergence of as many strong neighborhoods, and the Seventh Avenue / 14th Street transit access — multiple subway lines within a block — is among the best in the city. The Vermeer offers that location with the operational reliability of a large, well-staffed postwar cooperative.
As a 354-residence building, it is also liquid by co-op standards: a deep stack of repeating lines produces a steady flow of comparable sales, which makes pricing more legible than at the boutique buildings nearby and gives buyers and sellers a clear comparable framework.
Architecture and unit composition
The Vermeer is a postwar full-service high-rise in the 1963 idiom — efficient layouts, good light from the tall massing, and the practical room logic of the period. The residence mix runs from studios through three-bedrooms across repeating lines, and renovation quality varies across the building, so condition is a meaningful pricing variable line to line. Higher floors capture open city light across the lower-rise surroundings.
The 21-story scale and large unit count support a full staff and a broad, legible comparable set.
Building operations
The Vermeer operates as a large full-service postwar cooperative: full-time door staff and concierge, a live-in resident manager, porters, elevators, a central laundry room, a landscaped furnished roof deck, a bicycle room, and an on-site parking garage. Maintenance reflects a large, fully staffed building with a garage and roof amenity. As with any cooperative, financing limits, sublet policy, pied-à-terre rules, and any flip tax are set by the board and can change; the building is operated as a primary-residence cooperative, and buyers should confirm the current financial and occupancy framework in writing during the application process.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $214,360/yr
- Per unit / month range
- $0 – $50
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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, The Vermeer prices on a price-per-room basis, with floor, light, exposure, layout, and renovation condition driving the number within each line. The building's depth — roughly 354 residences across repeating lines — produces a steady flow of comparable sales, which makes pricing more legible than at the boutique buildings on the corridor. Recorded transfers establish the trend; the per-room read, set against the specific line and condition, is the right framing for both buyers and sellers. Renovated residences in the better-lit lines and higher floors command the building's premiums.
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 6, 2026 | 7U | 1 BA | $550,000 | +0.0% | |
| Mar 17, 2026 | 14L | 1 BR · 1 BA | $830,000 | -1.8% | |
| Jan 21, 2026 | 19M | 1 BR · 1 BA | $875,000 | +0.0% | |
| Jan 14, 2026 | 9T | 1 BA | $657,500 | -2.6% | |
| Aug 20, 2025 | 7KK | 1 BR · 1 BA | $975,000 | +0.0% | |
| Aug 20, 2025 | 10P | 1 BR · 1 BA | $945,000 | -5.4% | |
| Jul 30, 2025 | 10L | 1 BA · 600 sf | $699,000 | $1,165/sf | +0.0% |
| Jul 23, 2025 | 14S | 1 BR · 1 BA | $1,275,000 | -1.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,245/sf across 3 sales. The building has traded as recently as 2026. Median listing discount 1.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Nov 14, 2003 | 4B | $349,000 |
| Oct 20, 2003 | 8B | $339,000 |
| Oct 15, 2003 | 4N | $449,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00790-0001) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
Location is the asset. The convergence of Chelsea, the Village, Union Square, and the 14th Street transit hub is the core of the value here.
This is a primary-residence cooperative. Pied-à-terre use is not permitted; confirm the current occupancy and financial framework before you commit.
Co-op rules govern flexibility. Financing limits, sublet policy, and any flip tax are board-set; confirm the current terms in writing.
Condition drives the comp. With varied renovation across the building, the quality of the specific residence weighs heavily on price.
Board approval is part of the process. Build the cooperative application timeline into your plan; the board package and interview are required steps.
What to know if you’re selling
Price to the line and the condition. The deep, repeating stack gives buyers clear comparables; position against the right line.
Lead with location and full service. The neighborhood convergence, the transit access, and the full-service operation are the building's pitch.
Prepare the buyer for the board process. A well-qualified, primary-residence buyer and a clean board package protect the timeline.
Comparable buildings
If you're considering The Vermeer, also evaluate:
- 100 Seventh Avenue — nearby Chelsea cooperative
- 111 West 16th Street — nearby Chelsea cooperative
- 252 Seventh Avenue (Chelsea Mercantile) — large-format Chelsea condominium
- 245 Seventh Avenue — nearby Chelsea full-service building
- 222 West 14th Street — nearby 14th Street building
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 The Vermeer?
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 The Vermeer 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.