245 W 18TH Street Pending

Manhattan,NY 10011

$ 12495000

2 Beds

2 Baths

5834 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 5,834 sqft

Price per Sqft $2,141

Subdivision Chelsea

MLS Listing ID RPLU-5122749474

Bedrooms 2

Year Built 1915

Annual Tax Amount $84,456

Property Description

Located on the north side of 18th Street between Seventh and Eighth Avenues, 245 West 18th Street is a 45.5' wide, 2-story tall building consisting of approximately 5,834 square feet of interior space (plus an additional basement) and approximately 18,235 square feet of additional development rights. Offering a curb cut and indoor parking, this is an incredible live/work or development opportunity on a prime Chelsea block. Built in 1915 and formerly the Chelsea Day School, 245 West 18th Street is currently configured as a ground floor open creative studio with two bathrooms, kitchen, and a parking spot. The second floor is a 1,826 sf two-bedroom, one-bathroom residential unit designed by Deborah Berke. A 32-by-21-foot great room with a skylight features two walls of built-in shelves, flanked by two bedrooms. The open kitchen features dark soapstone countertops and painted birch cabinetry with reclaimed Douglas Fir floors and beamed ceilings. This level opens onto a large private landscaped garden and roof deck. 245 West 18th Street offers an end-user the extremely rare opportunity to convert the existing building with sprawling footprint into a one-of-a-kind mansion, or allows a developer the opportunity to convert the building to high-end luxury rentals, condominiums, flagship office space and more, all in one of the most coveted neighborhoods and on one of the most desirable streets in New York City.

Location

State NY

County Newyork

Rooms

Ensuite Laundry Building Other

Interior

Laundry Location Building Other

Cooling Central Air

Laundry Building Other

Exterior

Garage Assigned,Garage

Garage Spaces 1.0

Garage Description 1.0

View Y/N No

View Other

Building

Dwelling Type Mixed Use

Story 2

New Construction No

Others

Monthly Total Fees $7,038

Special Listing Condition Standard

Pets Description Building Yes,No

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