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In Contract

The Chainworks Building, 144 West 18th Street, #3E

$3,550,000 ($1,318 per ft2) -5.3% | 3 beds, 3 baths | Approx. 2,693 ft2
153 days on Market

Key Details

  • Listed: Sep 26, 2023
    Last Price Change: -5.3% ($200,000) on Nov 14
    Days on Market: 153
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: PT Doorman
    Listing viewed 92 times
Monthly Common Charges: $2,344
Monthly Real Estate Taxes: $4,546
Total Taxes & Fees: $6,890 ($2.56/ft2)
Est. Monthly Mortgage: $21,947
Total Est. Monthly Carrying Cost: $28,837 ($10.71/ft2)
Note: the above is based on a down payment of 10% ($355,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Situated in the Chelsea neighborhood at 144 West 18th Street, this condominium is conveniently located near retail shopping, farm-to-table dining options, and public transportation. The building was originally built in 1910 and converted to condominiums in 2002.
  • Space and Design: This large scale loft offers approximately 2,693 ft2 of living space with high ceilings, restored maple flooring, and an Italian-designed Arclinea integrated kitchen. The condo features three generously sized bedrooms with ample closet space, and a primary suite with a built-in desk, expansive closet space, and a lavish 5-fixture limestone bath.
  • Price and Fees: The condo is listed for $3,550,000, which equates to $1,318 per ft2. The monthly common charges are $2,344, and the real estate taxes are $4,546, bringing the total taxes and fees to $6,890 or $2.56/ft2.
  • Amenities: The building offers a part-time doorman and superintendent services, a bike room, a designated basement storage room, key-locked elevator entry, and video intercom security. There are also two common roof decks with an outdoor grill, dining table, basketball hoop, and stunning views.
  • Laundry: The condo comes with a full-size side-by-side vented LG washer/dryer.
  • Building Policies: The building is pet-friendly and allows pied-à-terre and subletting. It consists of 18 apartments across 8 floors.

Description

NEW LOOK: BEST VALUE IN CHELSEA.... Experience Large Scale Loft Living in Chelsea in this expansive three-bedroom loft featuring palatial living and dining area, a top-of-the-line chef’s kitchen with a breakfast bar and closets galore. The welcoming foyer opens into a 40.2" x 20.5" entertaining space bathed in natural light from north-facing windows offering charming tree-top street views and art and display opportunity walls.

Entertaining guests is a delight in the Italian-designed Arclinea integrated kitchen, featuring modern amenities such as double Miele ovens, a 5-burner Miele gas cooktop, a stainless steel double sink with a garbage disposal, Sub-Zero refrigerator, elegant marble countertops, pantry storage, and seating for four. The historic loft seamlessly integrates architectural columns in the gallery hallway leading to the private quarters. The three generously sized bedrooms provide ample space and comfort, while a separate hallway leads to the powder room and laundry area.

The primary suite offers a built-in desk, expansive closet space, and a lavish 5-fixture limestone bath with a soaking tub, glass-enclosed shower, and a double-sink vanity. The second south-facing bedroom features a custom walk-in closet, and the third east-facing bedroom includes a large closet and a second full bath with a soaking tub. Convenience meets luxury with a full-size side-by-side vented LG washer/dryer, a spacious linen closet, and a generously sized powder room.

Additional features of this remarkable loft include high ceilings, central air, and recently restored maple flooring throughout. With only three units on the floor, you’ll enjoy a sense of exclusivity and privacy. Situated in the historic Chainworks Condo Circa 1888, this boutique condominium offers two common roof decks - one equipped with an outdoor grill, a large dining table, and a basketball hoop for outdoor entertainment. The top floor terrace provides a perfect setting for lounging with stunning views of Flatiron’s historic Ladies’ Mile and its iconic buildings. In addition to its luxurious amenities, this prime Chelsea loft residence is conveniently located near retail shopping, farm-to-table dining options such as ABC Kitchen, Union Square Farmer’s Market, and Eataly, providing an array of culinary experiences.

Building amenities encompass doorman and superintendent services, a bike room, a designated basement storage room, key-locked elevator entry, and video intercom security. Pied-à-terre, subletting, and pets are welcome, making this the perfect residence for modern urban living. With excellent transportation options, this grand-scale loft offers exceptional value and is ready for new ownership. Live, work, entertain, and indulge in the epitome of upscale living!

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About The Chainworks Building, 144 West 18th Street

62

The Chainworks Building, 144 West 18th Street has received a CityRealty Rating of 62, 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

17
Out of 44
+
20
Out of 36
+
17
Out of 39
+
8
=
62
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 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:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Exposed 0 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:
None 0 out of 2 points
Fenestration:
Consistent 1 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 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:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 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:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2002
  • PT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Video Intercom
  • Elevator
  • Bike Room

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Pros
  • Elegant- modern lobby
  • Bicycle/pram room
  • Storage rooms
  • Doorman
  • Six-foot soaking tubs
  • Pre-wired for phone- cable and high speed internet access
  • Beech wood strip floors
  • Central Chelsea location
  • Kitchens feature granite countertops- Subzero refrigerators and Miele stoves
  • Sundeck
  • High ceilings
  • Close to Subway
Cons
  • No garage
  • Some traffic
  • No health club
  • No sidewalk landscaping
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Subways

  1. 1
at 7th Ave 0.06 miles
  1. M
  2. 2
  3. 3
  4. F
  5. L
at 6th Ave and 16th 0.16 miles
  1. A
  2. C
  3. E
at 8th Ave and 16th 0.24 miles
  1. N
  2. R
at Broadway 0.41 miles
  1. Q
  2. 4
  3. 5
  4. 6
at Broadway and 16th 0.47 miles

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