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What's behind the green door? This one, located on arguably one of the most beautiful blocks in all of West Chelsea, stands in front of a five-story Italianate home in the Chelsea historic district that can trace its roots back directly to James Wells, the co-developer of this area. While only 14.25 feet wide, the proportions of the house-especially the high ceilings and the placement of the bannister--are such that you will be more than pleasantly surprised by the roomy feeling within its 3920 square feet. Without doubt, this house has character and loads of original details. It was renovated from top to bottom in 2014 and now contains 5 residential free market rental units. Because the renovation included high end condo finishes, including a washer/dryer and dishwasher in every unit-even TOTO toilets-this townhouse is certainly more architecturally appealing than a typical rental: Apartment 1 is a 3 bedroom duplex with 2 baths and its own backyard. The current lease expires on May 31st. Apartment 2 is laid out as a large 1 bedroom floor-thru. The front area is for living and entertaining and the large bedroom faces the quiet garden. The existing lease is through March 31st. Apartment 3 is the mirror image of the second floor except the tenant is in place through April 30th. Apartment 4R is a studio in the back of the building. It's such a commodious space that the current tenants have divided it into 2 parts--no doubt for pandemic privacy. Their lease runs through April 30th. Apartment4/5F is a dramatic duplex penthouse with a skylight. The ample living room is downstairs and the kitchen dining area and bedroom are all on the top floor. This lease runs through August 31st. Located steps away from the High Line, Hudson River, Chelsea Piers athletic complex, Chelsea Market and abundant first rate restaurants, as well as the New York art scene, this house has great upside potential. While it could work for an investor with the patience to wait for capital appreciation; it works even better for someone looking for a special city residence. In fact it offers many options for a variety of customers. These range from an out-of-town pied-a-terre owner who can pay for his or her trips and have a place to stay in NYC to a young family who can begin with a single unit and grow into the remainder of the townhouse as needed. In truth there are a dozen different scenarios for which it will work. Best of all, you can renovate if it suits your fancy; but you do not have to do so because the house already is so well maintained. How will you use this historic home? Ref: 36508-21533250
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