Lender specialist buys Chadwin House condo

Larry Pontillo and Kathleen Pontillo bought a condo at 140 Seventh Ave. in Chelsea from Daniel Lanzillotti and Denyse Hilsby for $585,000 on Nov. 22.

The condo, Unit #6C, is part of the Chadwin House condo development, which was built in 1962.

Mr. Pontillo is a lender relation specialist in the finance division of SBA's New York office. Previously, he worked for the U.S. Small Business Administration for 31 years. He also served as a technical expert in Washington D.C. and as a consultant to federal agencies for the awarding of government contracts.

According to BlockShopper.com, there have been 226 condo sales in Chelsea during the past 12 months, with a median sales price of $788,750.

Address: 140 7th Avenue, Unit: 6c
Buyer(s): Pontillo, Larry, Pontillo and Kathleen
Seller(s): Lanzillotti, Daniel, Hilsby and Denyse
Sale date: Nov. 22, 2010