$8,300,000
Updated 7 years ago
Sold

110 West 15th Street

Chelsea, Manhattan | Ave of the Americas & Seventh Ave

17 Rooms8 Beds5.5 Baths5,200 Square FeetMulti-Family

$8,300,000
floors / apts5 / 4
Lot Size20'x83'
Built Size20'x50'
ZoneC6-2A
Building TypeTownhouse
RE Taxes$55,599
Price Per SF
$1,596

This property was sold for $8,300,000 on 02/27/19.

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom
  • Garden
  • Gated Entry
  • Stoop Entry

Property Description for 110 West 15th Street

Built in 1890, this lovingly maintained and superbly located Italianate style brownstone in Chelsea, was originally built as a single family and is now quite the investment! Comprised of renovated, FREE MARKET units (4 total, with 3 units that may be delivered vacant, if desired, and one with a short lease), and with approximately 4,828SF in air rights on a non-landmarked street, there is unlimited potential for an addition, conversion to condominium (or an even larger development when purchased with the building next door) or recreating a single family home. Close to Trader Joes, 6th Ave shopping district, PATH, Union Sq and multiple subways, this home is an incredible opportunity for appreciation.

Multi Family Townhouse
Apts- Owners duplex + 3 Apts ALL FM
Bldg Dimensions- 20ft x 52ft
Lot - 20ft x 83.25ft
Building class- Four family C6-2A
Built- 1890
Air Rights Available: 4,828 SF
Residential Square Footage: 5,200

Rent Roll:
Owners Duplex- $10,000 Projected
Apt 2- $5,475 Actual ; $5,850 projected
Apt 3- $4,820 Actual ; $5,500 projected
Apt 4 - $4,620 Actual ; $5,200 projected

Total Per Month: $24,915 Actual ; $26,550 Projected

Total Annual: $298,980 Actual ; $318,600 projected

Expenses:
Taxes- $55,599 Actual
Gas/ Electric- $4,500 Actual
Insurance- $4,000 Actual

Net Operating Income (NOI)- $234,881 Actual ; $254,501 Projected


Additional Details:
The owner's duplex features a gourmet custom chef's kitchen, gracious formal dining room, soaring ceilings over 11 feet tall, a sun-blasted great room overlooking lush gardens, two king-sized bedrooms, two and a half renovated bathrooms, stacked washer/dryer, two walk-in closets, exposed brick, two wood-burning fireplaces, and direct access to the garden and a full basement. Each of the three income producing units upstairs maintain two bedrooms, one renovated windowed bathroom and a modern kitchen with mainly stainless steel appliances and granite countertops, along with custom cabinetry. All have high ceilings, exposed brick, wood-burning fireplaces and washer/dryers in unit. The top floor has two skylights. The basement has over 6 foot ceilings, is well organized with all mechanicals and offers ample space for storage. Truly an incredible home!

Listing History for 110 West 15th Street

Now
02/27/2019
$8,300,000
Sold and Closed by Sabina "Lori" L. Feiler- Fluger
Brown Harris Stevens Residential Sales LLC
2019

Building Details for 110 West 15th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1890
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

14 St
0.04 miles
6 Av
0.06 miles
18 St
0.21 miles
14 St
0.31 miles
8 Av
0.32 miles

Citi Bike

W 15 St & 6 Ave
0.03 miles
W 13 St & 7 Ave
0.16 miles

Contact Agents

Contact Agents

Sabina "Lori" Feiler- Fluger
Brown Harris Stevens
Rex Gonsalves
Brown Harris Stevens

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: 21334TH