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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Halstead agent.

110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
110 West  15th Street, Chelsea, NYC, 10011, $7,750,000, Property For Sale, ID# 18150133, Halstead
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Multi-Family Townhouse in Chelsea

Built in 1890, this lovingly maintained Italianate style brownstone was originally built as a one family and is located in the heart of Chelsea. 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 units 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 SF- 20ft x 52ft
Lot - 20ft x 83.25ft
Building class- Four family C3
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
Apt4 - $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 dining room, soaring ceilings over 11 feet tall, a sunblasted 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 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!

Property Floorplan
Recent Sales in Area*

04/17/2017 218 West 20th St $7,750,000

02/14/2017 318 West 20th St $7,375,000

02/06/2017 348 West 22nd St $8,000,000

02/06/2017 318 West 20th St $7,375,000

02/02/2017 444 West 22nd St $8,300,000

01/18/2017 140 West 24th St $9,174,156

12/30/16 224 West 22nd St $7,425,000

12/16/16 192 Eighth Ave $8,250,000

11/04/16 132 Tenth Ave $8,818,182

08/31/16 349 West 22nd St $7,250,000

* Recent sales in area is compiled by properties having the same bedroom count or same bathroom count, property type, location, and a similar price range. Sales history may include properties with varied amenities and conditions (views, layout, market timing and other significant variables). Contact agent for more details regarding this information.

Contact Agent
Sabina (Lori) Feiler- Fluger
Lic. Assoc. R.E. Broker
Tel: (212) 381-6532
lfeiler@halstead.com

Contact Agent
Rex Gonsalves
Lic. Assoc. R.E. Broker
Tel: (212) 381-4245
Cell: (617) 240-6655
rg@halstead.com

Property Details

Web #: 18150133
Price: $7,750,000
Location: Chelsea, NYC
Real Estate Tax: $55,599.00
Property Type: Townhouse
Type: Multi-Family
Rooms: 17.0
Bedrooms: 8
Bathrooms: 5.5
Facade: Brownstone

Features

Garden 5 Wdbrn Fireplace

Building Information

Garden Basement

Nearby Subways

Nearby Citi Bike℠