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341 W 29TH ST |Chelsea
Time on market: 524 days
Taxes/Maintenance: $0
Property type: Townhouse
Courtesy of Brown Harris Stevens
341 West 29th Street is an historic 22' x 53' mid-nineteenth century townhouse currently set up as 2 condominium units; a garden duplex and upper triplex, which also offers a unique opportunity to convert it back to its original status as a gracious, well-proportioned single family home. Located in Lamartine Place Historic District, this five story mid-nineteenth century townhouse sits on a 22' x 98. 75' lot located at the nexus of Chelsea and Hudson Yards, a burgeoning neighborhood where art, culture, retail, and business meet. This sun-filled home is built in the Greek Revival Style and still maintains many of the characteristics of the period with its brownstone base, brick facade and raised stoop with iron handrails. The classic proportions and original interior details such as wide plank wood floors, exposed brick walls and wood burning fireplaces have been retained with the utmost care in the renovation of both units, which have open, updated floor plans. Bright, airy and spacious with north and south exposures, the house offers privacy and serenity upon entering the iron gate to the planted front yard. Garden Duplex: The 3 bedroom, 2. 5 bathroom garden duplex can be accessed through a private garden level entrance or the main entryway on the parlor floor. The large kitchen with bamboo cabinets, stainless steel appliances and Dune granite countertops opens out onto the living area. Bedrooms, bathrooms and laundry are located on the lower level. A planted brick terrace, your garden oasis, is accessible from both the garden and parlor floors. Upper Triplex: Currently set up as a 4 bedroom, 3. 5 bathroom home, the upper triplex offers space and light. A private terrace situated off of the main living area, overlooks the back garden and offers additional living space for dining and entertaining. The chef's kitchen with Viking range, granite countertops and stainless steel appliances opens onto a cozy dining area with a massive brick wood burning fireplace, and a separate pantry with W/D offers plenty of additional storage. An oversized master bedroom suite with wb fireplace, and 3 skylights could also serve as a fantastic media room/playroom,with direct access to the decked roof terrace offering Empire State Building and open southern views. This property is one of 12 houses that make up the Lamartine Place Historic District, a series of row houses built by William Torrey and Cyrus Mason and completed in 1847. 341 West 29th Street is located near the vibrant Chelsea art and gallery scene, fine restaurants, and Hudson Yards, where value and long-term growth exist. This exceptional townhouse offers the opportunity to create a gracious single family home, or provide the benefit of an income producing unit while enjoying the privacy of townhouse living. A great opportunity for either an investor or end user. House delivered vacant; rental income for garden duplex was $10,000 per month and $14,000 per month for upper triplex more

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Mortgage Payment:
Common Charges & Taxes: $0

Total Monthly Payment:
Mortgage Amount $4,900,000
30 Year Fixed