$24,000,000
SOLD JAN 22, 2025
-- Bed
8 Baths
18,000 Sq Ft
4,950 Sq Ft Lot

Recently Sold

$1,333 Per Sq Ft

29% Below List Price

273 Days on Market

Highlights

  • Central Air
  • 3-minute walk to 23 Street (1,2 Line)
  • 3-minute walk to Chelsea Green
  • P.S. 11 Sarah J. Garnet School Rated A
  • 2 Car Garage

About This Home

As of January 2025

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.

Last Agent to Sell the Property

Scott Stewart

Corcoran Group License #30ST0849928 Listed on: 11/27/2023

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $184,968

Year Built

  • Built in 1920

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 99.00x50.00

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 8 Full Bathrooms
  • 18,000 Sq Ft Home
  • 3-Story Property
  • Basement

Utilities

  • Central Air

Community Details

  • 3 Units
  • Chelsea Subdivision

Listing and Financial Details

  • Legal Lot and Block 0029 / 00771

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$184,968

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Pets No Pets Comments: none,Building Pets Allowed Comments:none
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 18000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 8
  • Bathrooms Integer: 8

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s), Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 4950.0
  • Lot Size Dimensions: 99.00x50.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 00771
  • Tax Lot: 0029
  • Tax Annual: 184968.0

Multi Family

  • Building Area Units: Square Feet

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $24,000,000 -17.2% $1,333 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $29,000,000 -14.7% $1,611 / Sq Ft
11/27/2023 11/27/23 For Sale $34,000,000 -- $1,889 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10994535

Real Estate Board of New York (REBNY)