$17,500,000
Updated 8 years ago
Off Market

The Chelsea Mansion

436 West 20th Street

Chelsea, Manhattan | Ninth Ave & Tenth Ave

2 Rooms9 Beds11.5 Baths9,000 Square FeetRental Property

$17,500,000
floors / apts5 / 5
Lot Size25'x104'
Built Size25'x78'
ZoneR7B
Building TypeTownhouse
RE Taxes$43,680
Price Per SF
$1,944

Listing Features

  • WBFP
  • Central AC
  • Gas Heat

Outdoor space and views

  • Backyard
  • Balcony
  • Patio
  • Terrace

Building Amenities

  • Voice Intercom
  • Elevator
  • Garden
  • Gated Entry
  • Roof Deck
  • Stoop Entry

Property Description for 436 West 20th Street

This 25’ wide elevator Greek Revival townhouse is built 85 feet deep on an oversized 104 foot lot and includes over 9,000 SF of interior space with multiple outdoor terraces, a garden and 10 wood-burning fireplaces spread over its five floors. Currently configured as five units, the property can be delivered vacant and ready for conversion to a single-family home. Otherwise, a buyer has many options including use as a strictly investment property (gross income nearly $600k per annum) or a live plus income scenario. The property has a very low annual property tax.

Less than 10 years ago, great effort and capital was spent to preserve and rebuild every element of this home which was originally built in 1835. The home contains many of original moldings and salvaged historical details like mahogany doors, original mantles and wide plank pine floors. Ceiling heights throughout range from nearly 10 feet to over 15 feet on the top floor. Modern features include a large hydraulic elevator, central air conditioning, oversized skylight and fully upgraded electrical and plumbing systems.

This home is located on the south side of West 20th Street immediately across the street from the landscaped gardens of the General Theological Seminary. A special attribute to this particular block was an agreement reached in 1835 for all of the homes on the south side of 20th Street to be set back 10' off of their front lot line. This setback and the opposite Seminary gardens give the block a special feeling that is unlike any other in the city.

From this location, one is moments away from the Highline Park and West Chelsea Gallery District as well as in close proximity to The Hudson River Park, Chelsea Piers, Chelsea Market, and many upscale shopping and restaurant destinations.

Listing History for 436 West 20th Street

Now
08/12/2018
POM by Josh Doyle
Compass
05/14/2018
TOM by Josh Doyle
Compass

Building Details for 436 West 20th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1835
Floors/Apts5/5
Learn More About the Building

Transit and Citi Bike

Subway

14 St
0.31 miles
23 St
0.31 miles
8 Av
0.37 miles
18 St
0.42 miles
23 St
0.44 miles

Citi Bike

W 20 St & 10 Ave
0.08 miles
W 18 St & 9 Ave
0.1 miles

Contact Agents

Contact Agents

Josh Doyle
Compass
Nick Gavin
Compass

Chelsea | Manhattan

Quick Profile

The row houses portray the world-class architecture of Greek Revival, Italianate and Georgian styles. The population is both ethnically and socially diverse, which is reflected in the restaurants and retail businesses in the neighborhood. 

Western Chelsea is the center of the NYC art world, where you will find more than 200 art galleries housed in rehabbed factories and warehouses, as well as in newly-constructed buildings.

While people of many different cultures call Chelsea home, it has been a mecca over the years for people in the LGBTQ community. One census reported that as many as 22% of its residents were gay couples. Eighth Avenue is a trendy area for LGBTQ-oriented dining and shopping. Although it no longer draws the LGBTQ population that it once did, Chelsea still has many popular alternative bars.  

Chelsea is primarily residential, consisting of a mixture of diverse complexes, low-rise apartment blocks, tenements, townhouses, renovated row houses, and luxury high-rises. 

Chelsea is an interesting and sought-after place to live, with unique clothing boutiques, restaurants, and delis representing cultures from around the world. In addition to its quirky establishments, Chelsea has fine dining restaurants and a vibrant, hip nightlife, which adds to its allure.

Chelsea is well-served by public transportation. At least six city bus routes traverse Chelsea. There are three NYC subway routes with stops on Seventh Avenue, three on Eighth Avenue, and two more on Sixth Avenue. The 34th Street - Hudson Yards Station opened in 2015 with its main entrance in Chelsea.  

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 30300TH