245 West 18th Street

$14,995,000
Price
2
Beds
2
Baths
5,834 Sq. Ft.
$2,570 / Sq. Ft.
5,834
Sq. Ft.
$2,570
per Sq. Ft.

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...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.

Property Details for 245 West 18th Street

Zoning
C6-2A
View
Other

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute
LISTING UPDATED: 04/18/2024 08:50 PM

Property Details for 245 West 18th Street

StatusActive
MLS IDRPLU-5122749474
Days on Market75
Taxes$6,823 / month
Maintenance-
Min. Down Pymt-
Total Rooms8.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1915
Lot Size4,110 SF / 90' x 45'
CountyNew York County

Building

245 W 18th St

2 Units2 StoriesBuilt in 1915

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Building Information for 245 West 18th Street

Stories2Residences2Year Built1915Lot Size4,110 SF / 90' x 45'Building Age-Building Type-

Payment Calculator

$88,657 per month

30 year fixed, 7.25% Interest

Principal and Interest

$81,834

Property Taxes

$6,823

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 245 West 18th Street

Summary
Location and General Information
  • Subdivision Name: Chelsea
  • Stories Total: 2
  • Garage Spaces: 1.0
  • View: No
Taxes and HOA
  • Tax Lot: 0012
  • Tax Block: 00768
  • Flip Tax: $0
  • Building Tax Lot: 0012
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: true
Property
Lot Information
  • Living Area: 5834.0
  • Building Area Total: 5834.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 90.33x45.50
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: MixedUse
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 90.00x45.50
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 245 West 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 245 West 18th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 11 William T Harris
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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245 West 18th Street is a townhouse for sale in Chelsea. This property was listed for sale on February 13, 2024 by Douglas Elliman Real Estate, it's currently listed at $14,995,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 11 William T Harris, Middle 297 and Lower Manhattan Community Middle School. 245 West 18th Street is a 2-bed, 2-bath, 5,834 sqft townhouse built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.