Updated 11 hours ago
In contract
188 Views
Chelsea, Manhattan | Eighth Ave & Ninth Ave
21 Rooms9 Beds11.5 Baths7,000 Square FeetIncome Property

$6,995,000
floors / apts5 / 7
Lot Size25'x92'
ZoneR7B
Building TypeLow-Rise
RE Taxes$47,592
Price Per SF
$999

Building Amenities

  • Voice Intercom
  • Garden

Property Description

Available for the first time in almost 45 years, 305 W 20 St is a handsome 25-foot-wide multi-family townhouse with a unique and charming carriage house in the back. The two buildings are separated by a serene garden and located on one of Chelsea's most coveted tree-lined blocks. Consisting of 7 free-market units, 4 of which are? in the main house and 3 in the carriage house, the possibilities for this property are endless. It can be used either as live plus income, live plus work, straight investment or be converted to single-family. The property is not landmarked and can be expanded by using the 1,300SF of available air rights. In addition, the property benefits from low real estate taxes. Perfectly located off 8th Avenue on a quiet brownstone block, it is just a short stroll to the famous High Line park and Chelsea Market and surrounded by all the best shopping, dining, galleries, and entertainment options that Chelsea and the Meatpacking District have to offer! It is also very convenient to all transportation, including the C, E, F, M, N, R and 1 line just a few blocks away. This is a co-exclusive with Douglas Elliman.

Listing History

Now
07/30/2022
Contract Signed by Steffen Kral
Compass
03/21/2022
Back on the Market by Steffen Kral
Compass

Building Details

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1850
Floors/Apts5/7
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.19 miles
14 St
0.21 miles
18 St
0.22 miles
23 St
0.24 miles
8 Av
0.3 miles

Citi Bike

W 20 St & 8 Ave
0.02 miles
W 22 St & 8 Ave
0.09 miles

Co-exclusive agents

Co-exclusive agents

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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.  

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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: 83680TH