Rudder Property Group sells 20,464 s/f commercial condo at 207 West 25th St.

Manhattan, NY Rudder Property Group has closed the sale of the ground and second floor commercial condominium units located at 207 West 25^th St. in Chelsea.

The property comprises 20,464 rentable sq/f and traded for $14.95 million, or $731 per rentable s/f.

The seller was represented by Michael Rudder and Justin Harris of Rudder Property Group. The purchaser was represented by Geoffrey Newman of Savills.

The Community Church of New York acquired the space for owner-occupancy following an extensive search for a long-term solution. Newman had previously represented the organization in the 2024 sale of its development site on East 35^th St. to Continuum. After that transaction, the church remained active in the market before selecting 207 West 25^th St. as its permanent location.

Newman is also a recipient of REBNY’s Most Ingenious Deal of the Year award, hosted by Michael Rudder, founder and president of Rudder Property Group.

“Demand from owner-users remains strong, particularly for well-located, high-quality spaces that can accommodate institutional and non-profit users,” said Rudder,  “This transaction demonstrates how organizations are capitalizing on current market conditions to acquire space at a compelling basis while securing long-term occupancy stability.”

Rudder said, “The scale, layout, and accessibility of the ground and second floors made this an especially attractive opportunity for a user seeking a longterm home in a prime Chelsea location.”

Sale Details
Property: 207 West 25^th St. – Ground and second floor commercial condominium
Size: 20,464 s/f
Sale Price: $14.95 million ($731 per s/f)
Sale Date: March 25, 2026
Seller: Stickley Audi & Company
Purchaser: The Community Church of New York.