326 West 19th Street
Between Eighth Avenue and Ninth Avenue Chelsea/Hudson Yards
This home has been sold
We have 36 similar homes for sale.
Nearby Subway Stations
- Approx. Sq. Ft.4,200
PRICED TO SELL!!! ALL SERIOUS OFFERS CONSIDERED! Rarely does a prime, Chelsea, multi-family townhouse, of this calibre, become available. 326 West 19th Street’s beautifully restrained, mid-century modern, brownstone facade, sits on an elegant row of historic townhouses, and is located on lovely tree-lined street. It exudes the charm and class of it’s townhouse roots, while having been updated and meticulously maintained as an income producing apartment building. Invest in it as is; with a large owner’s garden unit and 4 apartments above; or use it’s additional build-able rights to expand the property into a large single family home, with a penthouse addition viable. One thing that’s certain is that this is an opportunity to own a building with room to grow and appreciate, in the heart of one of Manhattan’s hottest neighborhoods.
The subject property is a 22' X 50’ building on a 22' X 92’ lot. In addition to the existing 4200 SF building, it has over 1800 SF of additional build-able Air Rights, permitting expansion to a residence of over 6020 SF. It is zoned as quality housing R7B, and expansion is NOT restricted by any area Landmark Historic District designation. It contains three fair market, and two rent stabilized apartments. Current rental income exceeds $230,780 with much room for future upside. The large garden is secluded and elegantly landscaped, currently outfitted with a deck and Koi pond. It’s perfect Chelsea location affords residents easy access to the cafes, restaurants and shops of Eight Avenue; and are a minute's walk to the Chelsea Gallery District, Meatpacking, and West Village. It is served by the A, C, E, 1, 2, and 3 Subway lines. Call us for specific information and to book a viewing.
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Living in Chelsea
Historically, Chelsea has served up grit and glamour in equal measures. In this dynamic neighborhood, new luxury high-rises, a booming nightlife and sophisticated art galleries give way to modest townhouses and quiet residential streets. Chelsea’s former warehouses are now sleek galleries and its abandoned railway has made way for the High Line park, one of Manhattan’s newest and most visited attractions. Residents include a blend of old-timers, young artists and an international crowd. Michelin-starred restaurants sit next door to trendy taco stands, and traditional walk-ups are neighbors with glitzy high-rises. It’s all part of Chelsea's dynamic evolution.