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313 West 20th Street

Townhouse located in Chelsea, between Eighth Avenue & Ninth Avenue

$10,995,000 ($1,629 per ft2) | 8 beds, 3.5 baths | Approx. 6,750 ft2
277 days on Market

Townhouse Facts

  • Year Built: 1900
    Minimum Down: 20%
    Total Floors: 4
    Listed: Feb 29, 2024
    Last Price Change: ($500,000) on Oct 26
    Days on Market: 277
    Building Type: Townhouse
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 948 times
Monthly Real Estate Taxes: $2,659
Total Taxes & Fees: $2,659 ($0.39/ft2)
Est. Monthly Mortgage: $58,284
Total Est. Monthly Carrying Cost: $60,943 ($9.03/ft2)
Note: the above is based on a down payment of 20% ($2,199,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Outdoor Spaces and Amenities: The property boasts multiple outdoor spaces including a private garden and a 575-square-foot private terrace. Building amenities include a garden, rooftop terrace, on-site parking, and a spa/therapy room.
  • Interior Features: The owner's residence features a great room with 16' ceilings, a gas fireplace, and a skylight. The oversized kitchen is perfect for chefs, and the primary bedroom features an ensuite windowed five-fixture bathroom.
  • Additional Spaces: The property offers flexibility with spaces that can be used for various needs, such as a media room or playroom. The cellar offers additional space for a gym, wine room, etc.
  • Income Potential: The property includes a top-floor 2-bedroom apartment with a separate entrance, which can generate rental income. The property is currently generating income from scaffolding.
  • Architectural Charm: The building is a pre-war townhouse with 4 floors and 2 apartments, built in 1900, adding a touch of historical charm. The property is 25 feet wide, offering a spacious living environment.
  • Location and Size: This spacious townhouse is located in the prestigious Chelsea neighborhood and offers approximately 6,750 sq ft of space, making it an ideal choice for those seeking a roomy living environment.

Description

Situated in one of Chelsea’s most prestigious residential blocks, this captivating carriage house is a rare gem. Sitting at an impressive 25 feet wide, this townhouse offers a rare and luxurious feature – a private garage large enough to accommodate an oversized SUV. This spacious property currently comprises a 6-bedroom, 2.5-bathroom owner’s residence and a top-floor 2-bedroom apartment, generating rental income through a separate entrance.

In addition to its unique features, the townhouse boasts multiple outdoor spaces, setting it apart from any other available properties and making it one of the very few of its kind. Upon entering the owner’s residence, you can choose to access it through a private street-side entrance or directly from the private garage into an inviting foyer. The foyer leads to a breathtaking great room with soaring 16’ ceilings, a cozy gas fireplace, exquisite architectural built-ins, and a luminous skylight. Glass French doors open to the private garden, an enchanting oasis reminiscent of a European courtyard.

Adjacent to the great room is an oversized kitchen with the space that most chefs dream of. The mezzanine level provides flexible spaces accommodating various needs, currently utilized as a media room and a playroom. Ascending to the second floor of the carriage house, you’ll discover the primary bedroom with an ensuite windowed five-fixture bathroom and an additional bedroom/study.

The primary bedroom opens onto a 575-square-foot private terrace, offering a serene and private escape. The third floor features four additional bedrooms, all bathed in natural light and accessible via a generous landing with original pine floors. The top floor of the carriage house is currently used as a two-bedroom rental apartment, accessible through its own street-side entry. It includes two bedrooms, one bathroom, an eat-in kitchen, and a private roof terrace.

It can continue to be utilized as an income generating apartment (inquire for current rent) or delivered vacant. Notably, this unit can also be accessed from the top floor of the owner’s residence, allowing for a seamless transformation into a potential single-family carriage house. The cellar boasts updated mechanical systems and an abundance of space with endless opportunities (IE gym, wine room, etc).

There is scaffolding currently on the home generating income upwards of $200,000 annually. Please inquire for additional information.

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Building Amenities

  • Pre War
  • Walk Up
  • Garden
  • Rooftop Terrace
  • On-Site Parking
  • Spa / Therapy Room
Listing courtesy of Compass
Off Market
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Pricing History

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Subways

  1. C
  2. E
at 8th Ave and 25th 0.18 miles
  1. A
  2. L
at 8th Ave and 16th 0.23 miles
  1. 1
at 7th Ave 0.26 miles
  1. M
  2. F
at 6th Ave 0.42 miles
  1. 2
  2. 3
at 7th Ave 0.44 miles

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