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247 West 24th St., New York, NY 10011

$4,500,000
Active Listing
Listing Details:
$4,500,000 Price
Multi-Family Townhouse Property Type
Chelsea Neighborhood
3 Beds
3 Baths
3,820 Approx. Sq. Ft.
$2,943 RET
Key Features:
Prewar
Description:

Envision it. Buy It. Create It! You've been waiting for your dream home; here's the blank canvas that can become it. This unique, extraordinary opportunity to own and customize a fabulous single-family home is now available, right in the heart of Chelsea.

The handsome 20-foot-wide townhouse at 247 West 24th Street is as versatile as it is spectacular. The property is currently configured as an educational facility on the garden and parlor floors and an owner's apartment with 3 bedrooms, 2 full baths plus bonus rooms (den, office, etc.) on the 3rd and 4th floors, all in legacy condition. However you can seize the rare chance to convert it to a full house all your own, tailored to your taste and needs. Continue to receive monthly cash flow while putting your single-family plans in place, or retain it as a partial income-producing asset with a wonderful owner's duplex or triplex to live in.

Enjoy the incredible potential of the property, which sits in an R8A Residential zone, with permitted uses as a Residential and Community Facility, and additional FAR! As the building that currently occupies the lot is smaller than the maximum allowed by the FAR, it may be possible to add on with more floors or an extension (verify with your architect). There is also an additional contiguous 15' x 10.75' lot directly behind the townhome that is included in the purchase price making the lot an incredible 98.75' deep.

Nestled on a quiet, coveted tree-lined block in Chelsea between 7th and 8th Avenues, 247 West 24th enjoys a prime location surrounded by trendy restaurants, cafes, bars, and shops. It is just a half block away from Whole Foods Market, and close to the 1/C/E/F/M subway lines. Schedule a viewing today and imagine the possibilities!

Tours are by appointment only from: 5pm-7pm Monday-Friday and 10am-5pm Saturday-Sunday.

Listing courtesy of The Corcoran Group

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