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Off market
  • $5,987,600

    241 W 20th St, New York, NY 10011

    6beds
    4,450sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $5,987,600 Zestimate®
    $1,346/sqft
    $6,571 Estimated rent

    Home value

    $5,987,600

    $5.03M - $7.13M

    $6,571/mo

    Zestimate® history
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    Owner options

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    $6,571/mo

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    $6,571/mo

    Rent Zestimate®

    Refinance and save

    $37,100/mo

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    $37,100/mo

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    What's special

    Price Adjustment - Prime Chelsea Building - Invest in NYC's most dynamic neighborhood On the market for the first time in over sixty years, this long-time home of artists who epitomized the character of one of New York City's most vibrant neighborhoods - Chelsea, provides a myriad of options for an end user or developer. This 4-story brick with bracketed cornice building is in a prime central neighborhood location close to all - Chelsea Market, High Line, Hudson River Park, subway access, and all that makes Chelsea one of the most coveted downtown neighborhoods. The soaring ground floor artist's studio and full basement are followed by three floor-through units, all of which will be delivered vacant / empty. Intact historic details include fireplace mantles, hard wood floors and tin ceilings. Zoned R8B and not landmarked / nor located in a historic district, which allows for additional development potential: Property: 241 West 20th Street (block 770 / lot 18) Lot Area: 1,679 SF (23.33' x 73.08') Zoning: R8B (no special / historic districts and not landmarked) Max Development: 4.00 FAR / 6,716 ZFA Existing Improvements: 2.65 FAR / 4,450 ZFA Available Development: 1.35 FAR / 2,266 ZFA (Note - all zoning information should be checked / verified by purchaser's attorney) Come see a unique opportunity to be part of a neighborhood that has helped to define New York City in the past and will continue to do so into the future. Shown by appointment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,450 sqft

    Property

    Lot
    • Size: 1,704 Square Feet
    Details
    • Parcel number: 007700018

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,346/sqft
    • Tax assessed value: $3,670,000
    • Annual tax amount: $76,472

    Price history

    DateEventPrice
    2/15/2024Listed for sale$7,250,000+51%$1,629/sqft
    Source: StreetEasy Report a problem
    11/10/2022Sold$4,800,000-19.9%$1,079/sqft
    Source: Public Record Report a problem
    7/23/2022Pending sale$5,995,000$1,347/sqft
    Source: StreetEasy Report a problem
    3/8/2022Price change$5,995,000-7.7%$1,347/sqft
    Source: StreetEasy Report a problem
    2/2/2022Listed for sale$6,495,000$1,460/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$76,472 +2.5%$1,651,500 +6.7%
    2024$74,571 +10.1%$1,548,180 +20%
    2023$67,749 $1,290,150 -9.3%
    2022-- $1,422,900 -8.1%
    2021-- $1,548,450 -4.9%
    2020-- $1,628,100 +1.3%
    2019$49,428 -7.7%$1,606,950 +278.3%
    2018$53,581 +7.1%$424,838 +8%
    2017$50,033 +118.8%$393,373 +8%
    2016$22,863 $364,236 +0.6%
    2015$22,863 +131.6%$361,998 +2.6%
    2014$9,872 $352,942
    Find assessor info on the county website

    Neighborhood: Chelsea

    Nearby schools

    GreatSchools rating