by RH Advisors

Check Availability
$34,000,000
Townhouse - For Sale

217 W 21ST Street

Manhattan, NY 10011
bedrooms
Studio
bathrooms
8 Baths
square feet
18000 Sqft
$182,360
Estimated Monthly
$0
HOA / Fees
-0.42%
Cap Rate

About This Property

The Star Cinema Building

Rare in every way possible, the Star Cinema Building represents a singular opportunity to live and work in a fully restored and modernized 1920s warehouse building with elevator perfectly situated on one of Chelseas prime tree lined residential blocks. This unique structure offers 18,000rsf on four levels and the potential of adding a new residential triplex to its top using available FAR.

Characterized by its authentic textures, the building is NOT landmarked, and it is built to its full depth and width of 100 x 50 feet with two curb-cuts and a 2-car showroom-quality garage on the ground floor. Unbridled open space is lined with beautifully executed glass enclosed rooms constructed with original wood beams salvaged from the building's restoration.

The second floor is a true loft with wide open space, high-ceilings, and a setback allowing for a 50-foot wide expanse of open-air outdoor space surrounded by townhouse gardens. Restored original casement windows flank the south side of the floor while custom made windows and doors designed to match the character of the building out look to the terrace and beyond.

The third floor has been known as an artists space for decades and was the artistic home of a renowned painter. While restored, it still operates as an active studio for emerging artists with multiple artists in residence. The third floor has work spaces, storage, skylights and tremendous natural light through its oversized original windows and skylights.

The basement is a fully functional space which has been restored and has accessory usage to the ground floor with two means of egress including high ceilings and elevator access. From the buildings 3,447sf roof one gets a sense of this auspicious location. It is ideal to expand upon or create a roof deck accessed by a proper staircase.

Please inquire for more information about this special opportunity to create a unique presence in a prime a Chelsea location.
Unit Size
18,000Ft²
Days on Market
152 days
Land Size
0.11 acres
Price per sqft
$1,889
Property Type
Townhouse
Property Taxes
$15,414
HOA Dues
-
Year Built
1920
Listed By
Last updated: 3 months ago (RLS #RPLU-33422777281)

Price History

Date / Event Date Event Price
Nov 27, 2023 Listed by Corcoran Group $34,000,000
Listed by Corcoran Group
Dec 15, 2016 Sold to Steven Tannenbaum $6,000,000
Sold to Steven Tannenbaum

Property Highlights

Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Garage
Garage Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 8

Interior Information

Living Area: 18000

Room Information

Laundry Features: Building Other
Rooms: 1

Basement Information

Has Basement

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
6 Baths
6,000 ft²
$4,667/ft²
$28,000,000 Dec 4, 2023
$28,000,000 Mar 20, 2024
$7,659/mo
Condo
5 Beds
6 Baths
6,515 ft²
$4,988/ft²
$32,500,000 May 1, 2014
$32,500,000 Sep 16, 2016
$8,106/mo
Condo
5 Beds
4 Baths
6,378 ft²
$5,002/ft²
$31,900,000 Jul 16, 2021
$31,900,000 Jan 6, 2022
$17,727/mo
Condo
4 Beds
4 Baths
5,091 ft²
$6,608/ft²
$33,641,696 Feb 25, 2015
$33,641,696 Sep 20, 2016
$22,878/mo
Condo
4 Beds
6 Baths
5,587 ft²
$7,166/ft²
$40,039,068 Mar 10, 2015
$40,039,068 Feb 3, 2017
$23,131/mo
Condo
4 Beds
5 Baths
4,748 ft²
$5,855/ft²
$27,800,000 Jun 23, 2020
$27,800,000 Feb 22, 2021
$13,429/mo
Townhouse
4 Beds
5 Baths
7,600 ft²
$4,474/ft²
$34,000,000 Dec 4, 2023
-
$7,897/mo
Townhouse
8 Beds
9 Baths
7,600 ft²
$4,474/ft²
$34,000,000 Oct 1, 2023
-
$7,763/mo
Condo
5 Beds
7 Baths
7,143 ft²
$5,390/ft²
$38,500,000 Apr 1, 2024
-
$32,990/mo
Condo
4 Beds
5 Baths
6,300 ft²
$5,794/ft²
$36,500,000 Sep 28, 2023
-
$27,268/mo
Condo
7 Beds
7 Baths
6,422 ft²
$4,671/ft²
$30,000,000 Feb 12, 2024
-
$11,996/mo
Condo
5 Beds
6 Baths
5,783 ft²
$5,188/ft²
$30,000,000 Jan 12, 2023
-
$10,313/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

217 West 21st Street 217 West 21st Street, New York, NY 10011
  • 3 Units
  • 1 Unit for Sale
More about this Building
217 West 21st Street
Want to find out who owns 217 West 21st Street, New York, NY 10011? Get detailed property transactions here .

About Midtown Manhattan


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