WEEKDAY SHOWINGS BETWEEN 12 AND 2 BY APPOINTMENT ONLY.As one of the historic, early Greek Revival Townhouses with brick facades on James Phelan Row, this beautiful circa 1843, 19 foot wide home with south garden, sits on a 19 foot wide by 93 foot deep lot. It is currently configured as three apartments, each with lovely, large outdoor space. The garden duplex, with 3 bedrooms and 3 baths has a large open kitchen with wide plank wood flooring and it faces a beautiful, planted south garden, the second floor apartment with 2 bedrooms has a huge south terrace, and the top floor duplex apartment with 3 bedrooms has a double height loft bedroom with a lovely north facing roof terrace. There are a total of eight wood burning fireplaces. The structure and mechanicals of this house are in excellent condition and have been well maintained over the years by its current owners. A rare opportunity to own a distinguished piece of New York City's notable past, this very special townhouse is ideal for the investor seeking a high quality multi-family house with three "market rate" rentals, and with projected gross rental income of $20,000 per month. Tenants currently in place, but the house can be delivered vacant by April 1st, 2016. Conducive to "Single Family" conversion as well, this townhouse lends itself to being recreated as a spacious and elegant home on one of West Chelsea's most desired blocks. Located between Ninth and Tenth Avenues, on a historic and beautiful tree-lined Townhouse block near Clement Clarke Moore Park, it is in the heart of West Chelsea. This home is only steps away from the famed High Line Park and New York's thriving art gallery district. The neighborhood also includes the Chelsea Piers sports complex, the Chelsea Market, the exclusive Avenues World School, the new Hudson River Park, and a wide variety of upscale restaurants and shops, plus excellent public transportation options.
8
Beds
5
Baths
4000
SF
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