Nov 08, 2012
Carter's Review
This former stable was erected in 1901 and then used as an automobile garage until it was converted to a 24-unit condominium residence in 2008 known as Carriage House Condominiums at 159 West 24th Street.
Michael Schmidt was the architect for the conversion and Gustave Martinez designed the interiors.
The conversion was developed by Broad Mill Development Group of which Joshua Sachs, Eric Gray and Eamon Roche are principals.
Bottom Line
This very pleasant mid-block former stable and garage was converted into 24 condominium apartments in 2008 in a very central location in Chelsea.
Description
The mid-block building has a cornice and window flowerboxes and its light-colored façade has quoins.
Amenities
The building has a doorman, a landscaped roof deck with outdoor kitchen and grill and private parking available for purchase.
Apartments
Apartments have 7-inch-wide plank solid white oak floors, cast-iron columns, tall, multi-paned windows, and exposed brick walls.
Kitchens have SubZero refrigerators, Wolf gas cook tops and convection wall ovens, Italian wood cabinetry, and Bosch dishwashers.
Bathrooms have Zuma soaking tubs, marble accents, and radiant heated floors.
Townhouse 2 is a loft duplex with a 38-square-foot garden, a 17-foot-long recreation room, an 11-foot-long study and a 21-foot-long living/dining room with an open kitchen.
Residence C on floors 2 through 6 has an entry gallery that leads to a 12-foot-long study and an 11-foot-long open kitchen next to a 18-foot-square living/dining room.
History
The developers acquired the property in 2006 for $8,750,000.
With $14.6 million in loans from MidFirst Bank, which is based in Oklahoma City, the developers had completed about 85 percent of the project by Labor Day, 2008, according to a Wall Street Journal article, adding that they “added another two stories on the roof for two penthouses with views” and turned the ground floor and basement into a garage for eight cars with a hydraulic life, in keeping with the carriage house theme.”
- Condo built in 1901
- Converted in 2008
- 2 apartments currently for sale ($1.399M to $1.5M)
- 2 apartments currently for rent ($7.2K to $7.3K)
- Located in Chelsea
- 24 total apartments 24 total apartments
- 10 recent sales ($312.5K to $1.7M)