436 WEST 20TH STREET

$17,500,000

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2

Families

ID #: 686469
Property Type: Multi-Family Townhouse
Approx. Size: 9,000 SqFt
Taxes: $3,640
Stories: 5
Total Rooms: 2
Beds: 9
Baths: 11.5
Pet Policy: Unknown


Building & Unit Features

  • Elevator
  • Roof Deck
  • Balcony
  • Fireplace
  • Outdoor Space
  • Patio
  • Terrace

  • Courtesy Of Compass

    This 25 wide elevator Greek Revival townhouse is built 85 feet deep on an oversized 104 foot lot and includes over 9,000 SF of interior space with multiple outdoor terraces, a garden and 10 wood-burning fireplaces spread over its five floors. Currently configured as five units, the property can be delivered vacant and ready for conversion to a single-family home. Otherwise, a buyer has many options including use as a strictly investment property (gross income nearly $600k per annum) or a live plus income scenario. The property has a very low annual property tax.

    Less than 10 years ago, great effort and capital was spent to preserve and rebuild every element of this home which was originally built in 1835. The home contains many of original moldings and salvaged historical details like mahogany doors, original mantles and wide plank pine floors. Ceiling heights throughout range from nearly 10 feet to over 15 feet on the top floor. Modern features include a large hydraulic elevator, central air conditioning, oversized skylight and fully upgraded electrical and plumbing systems.

    This home is located on the south side of West 20th Street immediately across the street from the landscaped gardens of the General Theological Seminary. A special attribute to this particular block was an agreement reached in 1835 for all of the homes on the south side of 20th Street to be set back 10' off of their front lot line. This setback and the opposite Seminary gardens give the block a special feeling that is unlike any other in the city.

    From this location, one is moments away from the Highline Park and West Chelsea Gallery District as well as in close proximity to The Hudson River Park, Chelsea Piers, Chelsea Market, and many upscale shopping and restaurant destinations.

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    Nearby Subways

    • A C E ~0.30 mi. to 8th Ave & 23rd St
    • A C E L ~0.31 mi. to 8th Ave & 16th St
    • 1 2 ~0.43 mi. to 7th Ave & 18th St
    • 1 2 3 L F M ~0.51 mi. to 7th Ave & 14th St
    • F M ~0.61 mi. to 6th Ave & 23rd St

    This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2017 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Peter Ashe Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.