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245 W 18TH Street Manhattan, NY 10011
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Key Details
Sold Price $12,347,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,834 sqft
Price per Sqft $2,116
Subdivision Chelsea
MLS Listing ID RPLU-5122749474
Sold Date 11/21/24
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1915
Annual Tax Amount $84,456
Property Description
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.
Location
State NY
County Newyork
Rooms
Basement Other
Interior
Cooling Central Air
Fireplace No
Laundry Building Other
Exterior
Parking Features Assigned, Garage
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
View Other
Porch None
Private Pool No
Building
Story 2
New Construction No
Others
Ownership None
Monthly Total Fees $7, 038
Special Listing Condition Standard
Pets Description Building Yes, No
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RLS Data display by Coastal Property Advisors