402 W 20th Street, New York, NY 10011

Chelsea, New York, New York 10011

$9,250,000  

Listing ID Number

25331

Property Description

• Built as a tribute to Don Alonzo Cushman in 1897, this Neo-colonial style building currently features a tremendous amount of original detail and light wells.
• Ideal for investment, condominium conversion or live plus investment purposes.
• Neighborhood market commanding residential rents of over $90/SF and condominium sales of over $3,000/SF.
• 5-story walk-up configured mostly of floor-through units, across from the General Theological Seminary.
• Located on one of Manhattan's most charming streets in the heart of the Chelsea Historic District.

Overview

Building Type:Apartment Buildings, Live Plus Income Buildings, Townhouses
Location:402 West 20th Street
Block/Lot:717/45
Lot Dimensions:25 x 78.87
Lot Sq Ft:1,814
Stories:5
Units:6
Zoning:R7B
FAR:3
Year Built:1910
Assessment Value:$262,663
Taxes:$33,863
Building Sq Ft:6,452
Building Dimensions:23 x 65

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Brock Emmetsberger
Senior Managing Director
(212) 660 7776
brock.e@cushwake.com

Billy Simons
Director
(212) 660 7794
billy.simons@cushwake.com

Rachel Aschendorf
Associate
2125895174
Rachel.Aschendorf@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.