NOT LISTED FOR SALE

Estimated Value: $2,314,000 - $5,058,000

9 Beds
5 Baths
3,900 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $3,975,000 $1,019 Per Sq Ft

Current estimated payment $25,932/month

44,525 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Building Terrace
  • P.S. 33 Chelsea Prep Rated A
  • Intercom
  • 3-minute walk to The High Line

About This Home

As of March 2022

Sunny Chelsea 20-Footer with Owner's Duplex

Perfect Live-With-Income Opportunity

Located just a short walk from the High Line and Hudson Yards, this Chelsea multi-family townhouse is a unique find. Boasting twenty feet of width, it contains an owner's duplex with three gracious bedrooms and an amazing rear garden. The third and fourth stories host floor-through, free-market apartments. They are well-appointed and delightfully sunny.

During a 2017 renovation, the front facade and roof were replaced, and an extension was added to the parlour and garden floors. The owner's duplex was also completely refreshed with an open layout, new kitchen, and industrial architectural elements.

448 West 25th Street is rife with opportunity for those interested in living with income or single-family. There is potential to add more square footage onto the rear of the townhouse, and the price range is unbeatable for such a prime location.

Garden Floor:

A major highlight of the townhouse is the spectacular garden. It's a city oasis with a high privacy fence, two blooming trees, manicured flower beds, and stone surface. When it's finally time to come inside, a private staircase leads down into the sunken master bedroom of the owner's duplex. Bright and minimalist, the bedroom features large windows, custom closets, and a half bathroom.

Double doors open from the master bedroom to reveal the heart of the garden floor and showcase a restored stone wall and industrial-style staircase. Across from the stairs is a cozy den or home office, which is set-apart by a wall of glass and features a working fireplace and more custom shelving.

A long hallway containing five built-in closets leads past a laundry room and full bathroom, complete with double vanity and large walk-in shower. A third, nicely-sized bedroom is situated at the front of the garden floor. There is a discrete door within the room that leads to the townhouse's mechanicals, as well as a door that provides access to the street under the stoop.

Parlour Floor:

A tidy vestibule welcomes all residents home, and allows them to part ways either up the stairs to two apartments or into the owner's duplex. Once inside, the parlour floor embraces an open concept and creates the opportunity for every room to have a view of the rear garden. The front of the floor has two large windows and can be used as a bedroom or home office. It is separated from the kitchen by a glass wall. The kitchen itself makes an efficient use of space and features ceiling-height custom cabinets, a hidden pantry, a black granite countertop, and high-end appliances including a SubZero, gas range, and dishwasher.

A combined living room and dining room occupy the remainder of the floor, and take advantage of a rear extension with a wall of glass doors that open onto a terrace. Spacious and inviting, this space - both indoor and out - is ideal for entertaining. A centrally located full bathroom completes the floor.

Third and Fourth Floors:

The upper floors of the townhouse contain two sunny, floor-through apartments. Each apartment features a large living room with stone mantelpiece, central kitchen with modern appliances and pass-through counter, full bathroom with classic subway tile, and plenty of storage space. There are three spacious bedrooms in each apartment. One is located at the front of each floor and separated from the living room by lovely French doors. The other two are situated at the rear of the floor and each have a large window and closet.*SOME IMAGES HAVE BEEN RENDERED*

Last Agent to Sell the Property

Cathy Connolly

Vandenberg Inc License #40CO1054198 Listed on: 03/19/2019

Co-Listed By

Dexter Guerrieri

Vandenberg Inc License #31GU0753145

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,279

Year Built

  • Built in 1900

Lot Details

  • 1,917

Home Design

  • Pre War Building

Interior Spaces

  • 3,900 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 19.42 x 98.58

Listing and Financial Details

  • Legal Lot and Block 66 / 722

Community Details

Overview

  • Chelsea Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,279

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cross Street: Ninth Avenue/Tenth Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 22

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 9

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Fee Information

  • Annual Water Sewer Expense: 1250.0

Lot Info

  • Lot Size Dimensions: 19.42 x 98.58

Building Info

  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 722
  • Tax Lot: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Mar 10, 2022
Sold by
448 Holdings Llc
Bought by
Geoduck 25Th Llc
Seller's Agent
Cathy Connolly
Vandenberg Inc
List Price
$3,975,000
Sold Price
$3,975,000
Current Estimated Value
$3,955,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,433
Avg. Annual Appreciation
-0.14%

Purchase Details

Closed on
Oct 7, 2019
Sold by
Chou Glace and Rosner Cary
Bought by
448 Holdings Llc

Purchase Details

Closed on
Oct 6, 2004
Sold by
Watson David
Bought by
Chou Glace and Rosner Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
West 25Th Street Associates
Bought by
Watson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Geoduck 25Th Llc $3,975,000 --
448 Holdings Llc $4,800,000 --
Chou Glace $2,025,000 --
Watson David $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chou Glace $1,400,000
Previous Owner Watson David $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $3,975,000 0.0% $1,019 / Sq Ft
01/01/1900 01/01/00 For Sale $3,975,000 -- $1,019 / Sq Ft
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 $60,279 $318,127 $44,589 $273,538
2024 $60,279 $300,120 $45,000 $246,817
2023 $68,111 $335,374 $42,034 $293,340
2022 $63,161 $339,420 $45,000 $294,420
2021 $66,584 $364,740 $45,000 $319,740
2020 $66,469 $393,480 $45,000 $348,480
2019 $61,972 $384,120 $45,000 $339,120
2018 $56,972 $279,478 $19,665 $259,813
2017 $53,747 $263,659 $32,492 $231,167
2016 $30,862 $239,389 $156,942 $82,447
2015 $19,695 $223,726 $155,365 $68,361
2014 $19,695 $208,282 $118,792 $89,490
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10761947

Real Estate Board of New York (REBNY)

APN: 0722-0066