American Guild Of Musical Artists pays $7.5M to Sheltering Arms for commercial condo in Chelsea

The American Guild Of Musical Artists, Inc. paid Sheltering Arms Children And Family Services, Inc. $7.5 million for a commercial condo unit in 301 7th Avenue in Chelsea. The deal closed on September 25, 2020, and was recorded on October 14, 2020. The transaction consists of 1 parcel, including the tax class commercial condominium unit (R5). The property is 7,883 square feet. The parcel(s) have total development potential of 7,883 square feet.
The average sale price per square foot is $951.

This is a commercial condo.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on June 11, 2013.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link