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359 West 20th Street
Townhouse in Chelsea •  building info
6bd • 7ba • 4,925ft² $1,117 per ft²
Sold price

$5,500,000

Key Details
Days on market
317
Last price change
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Estimated payment
$36,734
Taxes
$5,447
Monthly maintenance
N/A
Description
DEAL FELL THROUGH BACK ON MARKET! Stately 21.5' brownstone located on prime, tree-lined, landmarked block. This lovingly maintained Italianate style brownstone is full of prewar charm and is currently configured as 5 full-floor FREE MARKET rentals. The building is well-maintained and features well-preserved prewar architectural details throughout including original intricate woodwork, ornate marble fireplaces with beautiful cast iron cover doors (one fireplace on each of the 6 floors), antique French shutters, and soaring ceilings. The building's mechanicals and the individual units have been regularly updated and serviced by a live-in owner/landlord who took immense pride in the building. Keep this brownstone as an income producing asset with an attractive CAP rate or convert to a grand single-family home on one of Chelsea's finest blocks! Layout Garden Floor: Separate street-level entrance. 1 Bedroom and 1 full bath with large living room and open kitchen. Direct access to verdant and lush gardens. Parlor Floor: Dramatic ~12' ceilings with beautiful prewar moldings and woodwork throughout. Recently updated kitchen and bath, XL king-sized bedroom, and nearly floor-to-ceiling French doors that open to Juliette balconies overlooking the tranquil garden. Third and Fourth Floors: Large south facing living rooms with distinct dining areas and open kitchens. 1 king-sized bedroom and 1 full-sized bedroom (or home office). Bedrooms face north over quiet gardens. Fifth Floor: Vaulted beamed ceilings up to nearly 13' high. 2 bedrooms and 2 full baths. Large set back south-facing terrace. Exposed brick walls. Basement: The basement is fully finished with large den, kitchenette, and bathroom. There is a coin operated laundry room for tenants. Mechanical areas are clean and well-maintained. There is ample storage space.

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Listing Amenities
Storage Available
Building Amenities
Parking Available
Outdoor Space
Garden
History
What it'll cost
Purchase price
$5,500,000
Asking Price: $5,500,000
Term
30 Years
Down Payment
$550,000 (10%)
Min: 10% (550,000)
Rate
6.5 %
Mortgage Amount
$4,950,000
Mortgage Payment
$31,287
Taxes
$5,447
Estimated closing cost
$248,000
Total monthly cost $36,734
Listing Courtesy of Sotheby's

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