331 West 19th Street, #TWNH
$7,000,000
($1,228 per ft2)
| 9 beds, 4.5 baths | Approx. 5,700 ft2
207 days on Market
Key Details
-
Listed: Apr 29, 2024Days on Market: 207Building Type: RentalNeighborhood: Chelsea (Manhattan)
Monthly Real Estate Taxes:
$5,451
Total Taxes & Fees:
$5,451
($0.96/ft2)
Est. Monthly Mortgage:
$37,295
Mortgage calculator
Total Est. Monthly Carrying Cost:
$42,746
($7.50/ft2)
Note: the above is based on a down payment of 20% ($1,400,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Spacious Prewar Townhouse: A rare 25-foot wide, four-family townhouse offering approximately 5,700 ft² of living space, exuding timeless charm.
- Exceptional Rental Income: Fully leased with reliable tenants, providing immediate cash flow and unique prewar layouts with original details.
- Prime Chelsea Location: Nestled on a picturesque, tree-lined street, with easy access to the A/C/E subways and vibrant local attractions like Chelsea Market and the High Line.
- Original Architectural Details: Features stunning wedding cake ceilings and wood-burning fireplaces, showcasing the elegance of prewar design.
- Modern Amenities: Each unit equipped with electric cooking stoves, washer/dryers, and dishwashers, ensuring convenience for tenants.
- Future Development Potential: Includes 1,300 ft² of remaining FAR, offering endless possibilities for customization or expansion.
Description
Welcome to a One of One opportunity to own a 25 foot wide, unique, four family, prewar townhouse on one of the most beautiful blocks in all of Chelsea.
Owned by the same family for over 50 years, this stunning home is replete with original details and fully leased with exceptional tenants across all 4 units. This home includes all the elements you are seeking as a landlord or the perfect canvas to make this your dream home as an end user. For landlords: tenants can enjoy unique and lofty prewar layouts, 3 different exposures (N,S, W) and original details including wedding cake ceilings and wood burning fireplaces.
For end users, the sheer width of this home and prewar charm exudes endless potential. All four current tenants currently cover their own utilities including cooking stoves which have all been converted to electric and have washer/dryers and dishwashers in their units.
Our team has lovingly represented the rentals in this building for over 30 years and can attest to how special and one of a kind the space is. Easy access to A/C/E subways, the Joyce Theater, Chelsea Market, the HIGHLINE, and endless list of grocery stores and everything Downtown Manhattan has to offer.
19th Street between 8th and 9th Avenues is a stunning, quiet, tree lined street that speak of Manhattan’s special history. CitiBins in the building’s front yard allow for trash mitigation and a young roof and mechanicals means the next owner won’t have to worry about immense capital improvements. With 1,300ft2 of remaining FAR/Square Footage, only your dreams can limit what you can do and achieve with this beautiful space.
Please note all appliances including washer/dryer are electric and costs are covered by the tenant.
Currently 4 tenants in place.
Lease rates and expirations available upon request.
Owned by the same family for over 50 years, this stunning home is replete with original details and fully leased with exceptional tenants across all 4 units. This home includes all the elements you are seeking as a landlord or the perfect canvas to make this your dream home as an end user. For landlords: tenants can enjoy unique and lofty prewar layouts, 3 different exposures (N,S, W) and original details including wedding cake ceilings and wood burning fireplaces.
For end users, the sheer width of this home and prewar charm exudes endless potential. All four current tenants currently cover their own utilities including cooking stoves which have all been converted to electric and have washer/dryers and dishwashers in their units.
Our team has lovingly represented the rentals in this building for over 30 years and can attest to how special and one of a kind the space is. Easy access to A/C/E subways, the Joyce Theater, Chelsea Market, the HIGHLINE, and endless list of grocery stores and everything Downtown Manhattan has to offer.
19th Street between 8th and 9th Avenues is a stunning, quiet, tree lined street that speak of Manhattan’s special history. CitiBins in the building’s front yard allow for trash mitigation and a young roof and mechanicals means the next owner won’t have to worry about immense capital improvements. With 1,300ft2 of remaining FAR/Square Footage, only your dreams can limit what you can do and achieve with this beautiful space.
Please note all appliances including washer/dryer are electric and costs are covered by the tenant.
Currently 4 tenants in place.
Lease rates and expirations available upon request.
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Apartment Amenities
- City View
Listing courtesy of
Corcoran Group
Pricing History
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