$34,000,000
●
Townhouse -
For Sale
217 W 21ST Street
Manhattan, NY 10011
Studio
8 Baths
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.
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
Exterior Details
Property Information
Year Built: 1920
Building Information
Outdoor Living Structures: Terrace
Pets Allowed: Building Yes, No
Lot Information
Lot Size Dimensions: 99.00x50.00
Land Information
Tax Lot: 0029
Tax Block: 00771
Financial Details
Tax Annual Amount: $184,968
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Chelsea
Stories Total: 3
View: Other
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
Sold
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
Active
Townhouse
4
Beds
5
Baths
7,600 ft²
$4,474/ft²
$34,000,000
Dec 4, 2023
-
$7,897/mo
Active
Townhouse
8
Beds
9
Baths
7,600 ft²
$4,474/ft²
$34,000,000
Oct 1, 2023
-
$7,763/mo
Active
Condo
5
Beds
7
Baths
7,143 ft²
$5,390/ft²
$38,500,000
Apr 1, 2024
-
$32,990/mo
Active
Condo
4
Beds
5
Baths
6,300 ft²
$5,794/ft²
$36,500,000
Sep 28, 2023
-
$27,268/mo
Active
Condo
7
Beds
7
Baths
6,422 ft²
$4,671/ft²
$30,000,000
Feb 12, 2024
-
$11,996/mo
In Contract
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
About Midtown Manhattan
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