$8,500,000
SOLD DEC 22, 2015
-- Bed
-- Bath
-- Sq Ft
2,309 Sq Ft Lot

Recently Sold

64 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 23 Street (A,C,E Line)
  • 5-minute walk to Dr. Gertrude B. Kelly Playground
  • P.S. 11 Sarah J. Garnet School Rated A

About This Home

As of November 2021

OPPORTUNITY ABOUNDS...25' Wide Chelsea Townhouse located between 8th and 9th Avenue offers the perfect opportunity for an investor or end user. Currently configured as a five (5) unit building with two (2) studios on the Parlor and two (2) studios on the Garden Level and an owner's duplex on the second and third floors. The home has grand proportions and is currently built to 25' X 45' and sits on a lot that measures 25' X 92'. The FAR as built is 1.99 and has a maximum FAR of 3 (maximum buildable 6,948sf). The ceiling heights are as follows: Garden Level 8', Parlor Level 15'-2", Second Floor 10'-9", Third Floor 15'-6".

First time this home has been on the market and it is only one of two 25' townhouses located on West 20th Street. Will sell quickly, call today for a private appointment.

Last Agent to Sell the Property

Hunie Kwon

Compass License #30KW0967120 Listed on: 09/14/2015

Compass

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $89,336

Year Built

  • Built in 1900

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Community Details

  • 5 Units
  • Chelsea Subdivision

Listing and Financial Details

  • Tax Block 743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$89,336

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cross Street: 8Ave/9Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: CHELSEA
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet

Building Info

  • Units: 5
  • Total Stories: 3
  • Year Built: 1900

Tax Info

  • Tax Block: 743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Nov 8, 2021
Sold by
334 W 20 Llc
Bought by
Luis Von Ahn Trustee and The Lava Trust Under Agreement Dated 10/
Seller's Agent
Jim St. Andre
Compass
List Price
$22,500,000
Sold Price
$22,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.59%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Dec 17, 2015
Sold by
Karl Mann Revocable Trust
Bought by
334 W 20 Llc
Seller's Agent
Hunie Kwon
Compass
List Price
$8,500,000
Sold Price
$8,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Mann Karl
Bought by
Karl Mann Revocable Trust and Karl Mann, Trustee
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $22,500,000 --
Deed $8,500,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Unknown
Previous Owner $7,685,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,614,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $22,950,000 +170.0% $3,252 / Sq Ft
04/20/2022 04/20/22 Off Market $8,500,000 -- --
11/08/2021 11/08/21 Sold $22,500,000 0.0% $3,188 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $22,500,000 +164.7% $3,188 / Sq Ft
12/22/2015 12/22/15 Sold $8,500,000 0.0% --
11/22/2015 11/22/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $8,500,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $89,336 $471,476 $121,434 $350,042
2024 $89,336 $444,789 $208,440 $304,914
2023 $90,332 $444,789 $116,919 $327,870
2022 $88,793 $764,340 $208,440 $555,900
2021 $88,379 $821,340 $208,440 $612,900
2020 $79,235 $573,750 $208,440 $365,310
2019 $70,669 $337,824 $208,440 $129,384
2018 $58,723 $461,698 $243,264 $218,434
2017 $55,031 $432,671 $257,860 $174,811
2016 $51,648 $400,623 $263,329 $137,294
2015 $22,354 $400,623 $278,744 $121,879
2014 $22,354 $383,565 $219,223 $164,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10059621

Real Estate Board of New York (REBNY)

APN: 0743-0064