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245 West 18th Street

Listing no longer available on CityRealty as of Nov 22, 2024
It previously was on the market for a total of 77 days.
77 days on Market

Pricing History

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Townhouse Facts

  • Minimum Down: 20%
    Listed: Sep 6, 2024
    Last Price Change: ($147,500) on Nov 22
    Days on Market: 77
    Building Type: Townhouse
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 356 times
Monthly Real Estate Taxes: $7,038
Total Taxes & Fees: $7,038 ($1.21/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $72,624 ($12.45/ft2)
Note: the above is based on a down payment of 20% ($2,469,500), which is the minimum amount permitted by the building.

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.

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Building Amenities

  • Pre War
  • Rooftop Terrace
  • On-Site Parking