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$28,516,667
List Price: $29,000,000
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217 West 21st Street
Condo in Chelsea •  building info
studio • 8ba • 18,000ft² $1,611 per ft²
Buy with Yoreevo

$28,516,667

List Price

$29,000,000

Key Details
Days on market
242
Last price change
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Estimated payment
$184,698
Taxes
$15,414
Monthly common charges
$0
Description
The Star Cinema Building Rare in every way possible, the Star Cinema Building represents a singular opportunity to live and work in a fully restored and modernized 1920s warehouse building with elevator perfectly situated on one of Chelseas prime tree lined residential blocks. This unique structure offers 18,000rsf on four levels and the potential of adding a new residential triplex to its top using available FAR. Characterized by its authentic textures, the building is NOT landmarked, and it is built to its full depth and width of 100 x 50 feet with two curb-cuts and a 2-car showroom-quality garage on the ground floor. Unbridled open space is lined with beautifully executed glass enclosed rooms constructed with original wood beams salvaged from the building's restoration. The second floor is a true loft with wide open space, high-ceilings, and a setback allowing for a 50-foot wide expanse of open-air outdoor space surrounded by townhouse gardens. Restored original casement windows flank the south side of the floor while custom made windows and doors designed to match the character of the building out look to the terrace and beyond. The third floor has been known as an artists space for decades and was the artistic home of a renowned painter. While restored, it still operates as an active studio for emerging artists with multiple artists in residence. The third floor has work spaces, storage, skylights and tremendous natural light through its oversized original windows and skylights. The basement is a fully functional space which has been restored and has accessory usage to the ground floor with two means of egress including high ceilings and elevator access. From the buildings 3,447sf roof one gets a sense of this auspicious location. It is ideal to expand upon or create a roof deck accessed by a proper staircase. Please inquire for more information about this special opportunity to create a unique presence in a prime a Chelsea location.

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Important Stuff
Elevator
Outdoor Space
Terrace
Building info

History
What it'll cost
Purchase price
$29,000,000
Asking Price: $29,000,000
Term
30 Years
Down Payment
$2,900,000 (10%)
Min: 10% (2,900,000)
Rate
6.75 %
Mortgage Amount
$26,100,000
Mortgage Payment
$169,284
Common Charges
$0
Taxes
$15,414
Estimated Yoreevo rebate
$483,333
Estimated closing cost
$1,756,000
Total monthly cost $184,698
Buy your dream home with us and get an estimated
$483,333 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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