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Alicia Martinez

Luxury town house for sale in Chelsea, Manhattan, New York, USA

8,750,000 $
7,437,314 €
6,328,634 £
8,053,867 CHF
| £ | $ | € |
8
6
RMG35E18150133

Chelsea, Manhattan, New York, USA

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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 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 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!
  • Furniture
  • Not included
  • Style and characteristics
  • Luxury
Energy Performance Certificate(EPC)
EPC: In progress
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