$12,495,000
Updated 2 years ago
Sold

245 West 18th Street

Chelsea, Manhattan | Eighth Ave & Seventh Ave

8 Rooms2 Beds2 Baths5,834 Square FeetMixed Use

$12,495,000
floors / apts2 / 1
Lot Size45'x90'
Built Size45'x90'
Building TypeLow-Rise
RE Taxes$84,456
Price Per SF
$2,142

This property was sold for $12,347,500 on 11/21/24.

Listing Features

  • Beamed Ceilings

Outdoor space and views

  • Garden [43'x49']

Building Amenities

  • Voice Intercom
  • Garden
  • Roof Deck

Property Description for 245 West 18th Street

Located on the north side of 18th Street between Seventh and Eighth Avenues, 245 West 18th Street is a 45.5' wide, 2-story tall building consisting of approximately 5,834 square feet of interior space (plus an additional basement) and approximately 18,235 square feet of additional development rights. Offering a curb cut and indoor parking, this is an incredible live/work or development opportunity on a prime Chelsea block. Built in 1915 and formerly the Chelsea Day School, 245 West 18th Street is currently configured as a ground floor open creative studio with two bathrooms, kitchen, and a parking spot. The second floor is a 1,826 sf two-bedroom, one-bathroom residential unit designed by Deborah Berke. A 32-by-21-foot great room with a skylight features two walls of built-in shelves, flanked by two bedrooms. The open kitchen features dark soapstone countertops and painted birch cabinetry with reclaimed Douglas Fir floors and beamed ceilings. This level opens onto a large private landscaped garden and roof deck. 245 West 18th Street offers an end-user the extremely rare opportunity to convert the existing building with sprawling footprint into a one-of-a-kind mansion, or allows a developer the opportunity to convert the building to high-end luxury rentals, condominiums, flagship office space and more, all in one of the most coveted neighborhoods and on one of the most desirable streets in New York City.

Building Details for 245 West 18th Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

18 St
0.12 miles
14 St
0.13 miles
8 Av
0.22 miles
23 St
0.26 miles
23 St
0.28 miles

Citi Bike

W 17 St & 8 Ave
0.09 miles
W 20 St & 8 Ave
0.1 miles

Contact Agents

Contact Agents

Raphael De Niro
Douglas Elliman
James Flowers
Douglas Elliman

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: 94410TH