245 West 18th Street

Building For Sale  • 
Chelsea
Web ID # 1257596 RLS

$ 14,995,000

5,834 ft2  
Tax (Monthly): $6,823
Located on the north side of 18th Street between Seventh and Eighth Avenues, 245 West 18th Street is a 45.5' wide, 2-story tall building consisting of approximately 5,834 square feet of interior space (plus an additional basement) and approximately 18,235 square feet of additional development rights. Offering a curb cut and indoor parking, this is an incredible live/work or development opportunity on a prime Chelsea block. Built in 1915 and formerly the Chelsea Day School, 245 West 18th Street is currently configured as a ground floor open creative studio with two bathrooms, kitchen, and a parking spot. The second floor is a 1,826 sf two-bedroom, one-bathroom residential unit designed by Deborah Berke. A 32-by-21-foot great room with a skylight features two walls of built-in shelves, flanked by two bedrooms. The open kitchen features dark soapstone countertops and painted birch cabinetry with reclaimed Douglas Fir floors and beamed ceilings. This level opens onto a large private landscaped garden and roof deck. 245 West 18th Street offers an end-user the extremely rare opportunity to convert the existing building with sprawling footprint into a one-of-a-kind mansion, or allows a developer the opportunity to convert the building to high-end luxury rentals, condominiums, flagship office space and more, all in one of the most coveted neighborhoods and on one of the most desirable streets in New York City.
Floor: 1
Stories: 2
Units: 2
Total Rooms: 8

Courtesy Of Douglas Elliman Real Estate

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Estimated Monthly Costs


$75,823
Est. Mortgage
$6,823
Real Estate Tax
$82,646
Monthly Total*
* The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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Nearby Subways

  • A C E L 8th Ave & 16th St (~0.10 mile)
  • 1 7th Ave & 18th St (~0.11 mile)
  • F L M 1 2 3 7th Ave & 14th St (~0.22 mile)
  • C E 8th Ave & 23rd St (~0.23 mile)
  • F M 6th Ave & 23rd St (~0.35 mile)


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