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345 Meatpacking, 345 West 14th Street, #3D

$2,250,000 ($1,945 per ft2) | 1 bed, 2 baths | Approx. 1,157 ft2
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2 days on Market

Key Details

  • Listed: Apr 25, 2024
    Days on Market: 2
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 120 times
Monthly Common Charges: $1,662
Monthly Real Estate Taxes: $1,825
Total Taxes & Fees: $3,487 ($3.01/ft2)
Est. Monthly Mortgage: $12,426
Total Est. Monthly Carrying Cost: $15,913 ($13.75/ft2)
Note: the above is based on a down payment of 20% ($450,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Apr 28
By appointment only.

Description

Apartment 3D is a corner one-bedroom/two-bathroom residence measuring 1,157 square feet in an amenity-filled building and a premier location.

From an investment standpoint, it can achieve $11,000 in monthly rental income. Given the carrying costs are approx. $3,500, the net operating income comes to $90,000/year returning a 4% CAP rate at the asking price. The apartment is a sound investment in addition to an elevated residence.

The apartment offers exquisite design details and provides both north and east exposures.

The open living/dining room features custom milled paneling. The den is transformed as a second living room adding depth to the elegant living space. The artisan-crafted kitchen features custom oak millwork, bronze detailing, honed Absolute Black granite countertop/backsplash, Dornbracht fixtures, and fully integrated Sub-Zero, Wolf, and Bosch appliances.

The primary bedroom easily accommodates a king-size bed and features a walk-in closet.

The bathroom includes a glass-enclosed wet room with oversized slabs of Spanish Travertine Marble, solid brass vanity with granite countertop, and custom brass wall sconces. The second full bathroom is highlighted by beautiful handcrafted, Moroccan ceramic tile, Hansgrohe fixtures, and a deep soaking Duravit tub.

Located in one of the city’s most sought-after and premiere neighborhoods, the building offers white-glove concierge service, full-time doorman and staff, landscaped roof deck with unobstructed city and river views, a state-of-the-art fitness center, bike room, and private storage. Surrounded by extraordinary river and urban parks, top galleries and museums, shopping and top dining, West Chelsea is at the core of design and culture.

Nearby notable include newly formed Gansevoort Peninsula, Chelsea Market, Soho House, Restoration Hardware, Avenues, the World School, the famed Hudson River Park, Chelsea Piers, and Little Island, the Heatherwick designed floating Pier 55.

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 345 Meatpacking, 345 West 14th Street

85

345 Meatpacking, 345 West 14th Street has received a CityRealty Rating of 85, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
29
Out of 36
+
18
Out of 39
+
10
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Concierge
  • Some balconies
  • Some terraces
  • Keyed access
  • Prime location in Meatpacking District
  • Good public transportation
  • Unusual quoins
  • Large green entrance marquee
  • Storage space
  • Fitness center
  • Doorman
  • Close to Subway
Cons
  • Considerable traffic
  • No garage
  • No roof deck
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Subways

  1. C
  2. A
  3. E
  4. L
at 8th Ave and 14th 0.12 miles
  1. M
  2. 1
  3. 2
  4. 3
  5. F
at 7th Ave 0.31 miles

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