247 8 Avenue
Chelsea, Manhattan
Parcel ID (BBL): 1007460038
Owner: Slate Property Group
Acquired: July 26, 2022, $38.2 million
Debt: August 18, 2022, $51.6 million
Built: 1910
Renovated: 1989
SF: 38,802
Dwelling units: 44
No. of buildings: 1
Class: Over Six Families With Stores (C7)
Floors: 6
Transactions:
• Slate Property Group borrowed $51.6 million from Slate Asset Management for 301 West 22nd Street, 300 West 21st Street, and 229 West 20th Street, Chelsea, Manhattan on August 18, 2022.
• Zev Feldstein sold 301 West 22nd Street, Chelsea, Manhattan for $38.2 million to Slate Property Group on July 26, 2022.
Development:
• Martin Nussbaum filed major alteration job M00874227 for 35,538 sqft R-2 building with 42 apartments in Chelsea, Manhattan, on June 09, 2023.
• Xiaoling Chen filed alteration job M01361317 for 1,000 sqft COM building with 43 apartments in Chelsea, Manhattan, on March 24, 2026.
• Martin Nussbaum filed alteration job M01087941 for 760 sqft RES building with 43 apartments in Chelsea, Manhattan, on October 07, 2024.
• Martin Nussbaum filed alteration job M00897320 for 1,700 sqft R-2 building with 44 apartments in Manhattan, on August 31, 2023.
• Martin Nussbaum filed alteration job M00897239 for 2,772 sqft RES building with 43 apartments in Chelsea, Manhattan, on July 07, 2023.
• Martin Nussbaum filed alteration job M00848375 for 1,718 sqft RES building with 43 apartments in Chelsea, Manhattan, on April 19, 2023.
Violations:
According to city public data, the properties have received $1,250 in ECB penalties and $1,630 in OATH penalties in the last year.