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241 West 20th St., New York, NY 10011

$5,995,000
Active Listing
Listing Details:
$5,995,000 Price
Mixed-Use Townhouse Property Type
Chelsea Neighborhood
6 Beds
3.5 Baths
4,450 Approx. Sq. Ft.
$4,031 RET
Key Features:
Prewar
Allows Pets
Description:

Prime Chelsea Building

On the market for the first time in over sixty years, this long-time home of artists who epitomized the character of one of New York City's most vibrant neighborhoods Chelsea, provides a myriad of options for an end user or developer.

This 4-story brick with bracketed cornice building is in a prime central neighborhood location close to all Chelsea Market, High Line, Hudson River Park, subway access, and all that makes Chelsea one of the most coveted downtown neighborhoods.

The soaring ground floor artist's studio and full basement are followed by three floor-through units, all of which will be delivered vacant / empty.

Zoned R8B and not landmarked / nor located in a historic district, which allows for additional development potential:

Property: 241 West 20th Street (block 770 / lot 18)
Lot Area: 1,679 SF (23.33' x 73.08')
Zoning: R8B (no special / historic districts and not landmarked)
Max Development: 4.00 FAR / 6,716 ZFA
Existing Improvements: 2.65 FAR / 4,450 ZFA
Available Development: 1.35 FAR / 2,266 ZFA

(Note all zoning information should be checked / verified by purchaser's attorney)

Come see a unique opportunity to be part of a neighborhood that has helped to define New York City in the past and will continue to do so into the future.

Shown by appointment.

Listing courtesy of Compass

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