- Year built
- 1905
- Type
- Cooperative
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 80% of the purchase price
The Street & Smith Building sales history: 66 recorded sales
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,253
- floor-adjusted, 2 sales
- Listing discount
- 3.5%
- Recorded sales
- 66
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Street & Smith Building 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.
79 Seventh Avenue is a genuine piece of New York publishing history. The seven-story red-brick loft was completed in 1905 as the home of Street & Smith, the prolific publisher of dime novels and pulp magazines, which planned the plant in 1904 to move from its downtown quarters on William Street. It is a substantial, broad-shouldered building — a broad corner presence on Seventh Avenue at 15th Street — built for the heavy floor loads and big windows of an early-1900s manufacturing and publishing operation.
Its second life is as a residential cooperative, converted around 1980 in the first wave of downtown loft conversions. That early conversion gave the building something later projects often lack: the true wide-open floor plates and column rhythm of an industrial loft, rather than apartments engineered to evoke one. The result is a co-op of loft-scaled homes in one of the most connected locations in Chelsea — at the seam of Chelsea, the West Village, and the Flatiron, with the West 14th Street and Union Square transit hubs a short walk away.
For buyers, 79 Seventh offers authentic loft volume and provenance in a low-key, full-elevator cooperative — the kind of building where the architecture, not a marketing package, is the draw.
Architecture and unit composition
The 1905 structure is a classic Chelsea loft: a red-brick façade organized by large industrial window openings, with the deep, regular floor plates that publishing and light manufacturing required. The roughly 1980 conversion preserved that character, carving 64 residential homes from the building's broad floors while leaving ground-floor retail in place along the avenue.
Inside, the homes carry loft DNA — open or loft-style layouts, generous proportions, big windows, and the ceiling height of a turn-of-the-century industrial building. Floor plates this wide allow for flexible, light-filled living space, and the larger homes read as substantial lofts. As with any early conversion, individual residences vary in layout, light, and the degree to which owners have updated them over the decades — part of the character of an authentic loft co-op.
Building operations
79 Seventh Avenue runs as a cooperative with full-time elevator service, a superintendent, and central laundry, with retail tenancy at the base helping support the building's economics. A purchase proceeds through the standard cooperative application and board review, with financing available within the building's guidelines. The building's appeal is rooted in its loft authenticity and its location rather than a deep amenity package — this is a substance-over-flash co-op, well suited to buyers who prize space, light, and provenance.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
11 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Disbursement Fee | Paid by Buyer | When With the application | Amount To be determined | Refundable Non-refundable |
| Financing Fee | Paid by Buyer | When With the application | Amount $450 | Refundable Not stated |
| Package Reproduction Fee | Paid by Buyer | When With the application | Amount $195 | Refundable Not stated |
| Disbursement Fee | Paid by Buyer | When At closing | Amount To be determined | Refundable Non-refundable |
| Administrative Fee | Paid by Seller | When At closing | Amount $400 | Refundable Not stated |
| Closing Fee | Paid by Seller | When At closing | Amount $750 | Refundable Not stated |
| Disbursement Fee | Paid by Seller | When At closing | Amount To be determined | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $462.00 per person | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Sublet
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Administrative Processing Fee | Paid by Shareholder | When With the application | Amount $250 | Refundable Not stated |
| Processing Fee | Paid by Subtenant | When With the application | Amount $500 | Refundable Non-refundable |
| Annual Sublet FeeRecurring | Paid by Shareholder | When Upon approval | Amount 10% of the annual maintenance payable to West 15 Townhouse Corp. in the first year, 12.5% in the second and third lease years, and 15% in the fourth lease year. The sublet fee shall be payable each month and will appear on the Shareholders maintenance bill for the duration of the sublet. | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Deposit | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
| Security Deposit | Paid by Shareholder | When With the application | Amount $2,000 | Refundable Not stated |
| Move-In Deposit | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Not verified
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of October 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $804 per room a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $1.90 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $5,932/yr
- Per unit / month range
- $0 – $8
- Modeled exposure split equally across 64 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 15, 2026 | 3A | 1 BR · 2 BA | $1,556,000 | +3.8% | |
| Mar 27, 2026 | 4C | 2 BR · 1 BA · 1,515 sf | $1,725,000 | $1,139/sf | +0.0% |
| Jan 28, 2026 | 6B | 1 BR · 1 BA · 1,170 sf | $1,565,000 | $1,338/sf | -3.7% |
| Dec 2, 2025 | 3C | 2 BR · 1 BA · 1,515 sf | $1,600,000 | $1,056/sf | -11.1% |
| May 29, 2025 | 4E | 1 BR · 1 BA · 1,200 sf | $1,530,000 | $1,275/sf | -5.8% |
| May 8, 2025 | PH7F | 1 BR · 2 BA · 1,700 sf | $2,400,000 | $1,412/sf | -4.0% |
| Mar 26, 2025 | 6C | 2 BR · 2 BA | $2,220,000 | -5.5% | |
| Sep 25, 2024 | PHA | 3 BR · 2 BA | $3,125,000 | -2.3% |
Market read. Most recent trades (2026 to date) cleared a median $1,253/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.5% 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.
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 1-00791-0001). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Street & Smith Building and nearby.
At the recent median sale of $1.6M (7 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $30,550 to close, or 1.9% of the price.
- Mansion tax: $16,000
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
You're buying authentic loft scale and real provenance. Wide 1905 floor plates, big industrial windows, and the history of the Street & Smith publishing house are character a new building cannot manufacture.
This is a cooperative, so plan for co-op diligence. Expect a board application and review, financing within the building's parameters, and a careful look at the cooperative's financials, reserves, and the condition of systems updated at conversion — appropriate due diligence for a building of this age.
Home-to-home variation is real. In an early loft conversion, layout, light, and finish quality differ meaningfully between residences. Evaluate the specific home — its floor plate, exposures, and updates — rather than a building-wide generalization.
What to know if you’re selling
Lead with the lofts and the story. Genuine 1905 loft volume, big windows, and the Street & Smith provenance are the building's differentiators — they distinguish a home here from a conventional Chelsea apartment.
Benchmark to converted-loft co-ops, not new condominiums. The right comparison set is Chelsea's authentic loft cooperatives, where buyers pay for space, light, and character rather than amenity menus.
Sell the location. The Chelsea–West Village–Flatiron seam and the nearby 14th Street and Union Square transit are concrete, everyday advantages; a specific, livable picture outperforms generic loft language.
Comparable buildings
If you're considering 79 Seventh Avenue, also evaluate Chelsea's loft and full-service cooperatives:
- 252 Seventh Avenue — Chelsea loft building nearby
- 100 West 15th Street — boutique Chelsea building
- 16 West 16th Street — Chelsea Lane, Philip Birnbaum's 489-unit two-building co-op
- 15 West 20th Street — converted Chelsea loft
- 148 West 23rd Street — Chelsea loft conversion
- 250 West 15th Street — a 1930 elevator co-op
More Chelsea buildings
- The Joyce (35 West 14th Street) — condominium
- The Vermeer (61 Seventh Avenue) — 1963 co-op
- 85 Eighth Avenue (The Thomas Eddy) — 1973 condop
- 100 Eleventh Avenue — 2010 condominium by Jean Nouvel
- 100 Seventh Avenue — 1930 co-op
- 100 West 15th Street — 1920 co-op
The neighborhood
For the full corridor — architecture, 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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Street & Smith Building?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com