331 West 19th Street, #TWNH, New York (Chelsea), NY, 10011 | $7,000,000

Welcome to a One of One opportunity to own a 25 foot wide, unique, four family, prewar townhouse on one of the most beautiful blocks in all of Chelsea.
Owned by the same family for over 50 years, this stunning home is replete with original details and fully leased with exceptional tenants across all 4 units. This home includes all the elements you are seeking as a landlord or the perfect canvas to make this your dream home as an end user. For landlords: tenants can enjoy unique and lofty prewar layouts, 3 different exposures (N, S, W) and original details including wedding cake ceilings and wood burning fireplaces. For end users, the sheer width of this home and prewar charm exudes endless potential. All four current tenants currently cover their own utilities including cooking stoves which have all been converted to electric and have washer/dryers and dishwashers in their units.
Our team has lovingly represented the rentals in this building for over 30 years and can attest to how special and one of a kind the space is. Easy access to A/C/E subways, the Joyce Theater, Chelsea Market, the HIGHLINE, and endless list of grocery stores and everything Downtown Manhattan has to offer. 19th Street between 8th and 9th Avenues is a stunning, quiet, tree lined street that speak of Manhattan's special history. CitiBins in the building's front yard allow for trash mitigation and a young roof and mechanicals means the next owner won't have to worry about immense capital improvements. With 1, 300ft2 of remaining FAR/Square Footage, only your dreams can limit what you can do and achieve with this beautiful space.
Please note all appliances including washer/dryer are electric and costs are covered by the tenant.
Currently 4 tenants in place. Lease rates and expirations available upon request.

Features

  • Town: New York
  • Rooms: 25
  • Bedrooms: 9
  • Baths: 4 full / 1 half
  • Laundry: None
  • Year Built: 1835
  • Cooling: Unknown Type
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Patio: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU33422913496
  • Days on Market: 207 days
  • Website: https://www.raveis.com
    /prop/RPLU33422913496/331west19thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

331 West 19th Street, #TWNH, New York (Chelsea), NY, 10011

$7,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,600,000 $5,600,000 $5,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,358 $34,026 $46,129
Total Monthly Payment $31,483 $34,151 $46,254

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.