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341 West 29th Street - $6,950,000

Condo Ownership Townhouse Living

Condominium units 1 & 2, a garden duplex and upper triplex being sold as a combination at 341 West 29th Street, are located in a 22' wide mid nineteenth century townhouse. Located at the nexus of Chelsea and Hudson Yards, this unique opportunity offers a buyer many options. Create a gracious home in one condo and keep the second unit as an income producing property, or combine both units to create a gracious single family home. Live in one unit and create an office/work space downstairs or rent both units for income in a burgeoning neighborhood where art, culture, retail, and business meet and where long term growth and value exists.

Located in Lamartine Place Historic District, these two condominiums make up a five story townhouse which sits on a 22' x 98.75' lot. Originally built in the Greek Revival Style, the house still maintains many of the characteristics of the period with its brownstone base, brick facade and raised stoop with iron handrails. Renaissance revival cornices were added around the turn of the century and remain intact. Bright, airy and spacious with north and south exposures, this house offers a 21 ' deep set back from the sidewalk offering privacy and serenity upon entering the yard through the iron gate.

The classic proportions and some original interior details such as wide plank wood floors, exposed brick walls and wood burning fireplaces have been retained with the utmost care in the renovation of both units, which have open, updated floor plans.

Garden Condo Duplex #1

The 3 bedroom, 2.5 bathroom garden duplex can be accessed through a private garden level entrance or the main entryway on the parlor floor. The parlor level of the duplex has an open lofty feeling featuring a 700 sq ft great room with 12 ft ceilings and brick wood burning fireplace. The large kitchen with bamboo cabinets, stainless steel appliances and Dune granite countertops opens out onto the living area. Bedrooms, bathrooms and laundry are located on the lower level and a planted brick terrace, your garden oasis, is accessible from both the garden and parlor floors. Delivered vacant, 2016 rental income was $10,000 per month.

Upper Condo Triplex #2

Currently set up as a 4 bedroom, 3.5 bathroom home, this upper triplex offers space and light. A private terrace situated off the main living area, overlooks the back garden and offers additional living space for dining and entertaining. The open dining area with massive brick wood burning fireplace opens onto a chef's kitchen with Viking range, granite countertops and stainless steel appliances. Plenty of additional storage space exists in the separate pantry with W/D. The Bianca Dolomite marble bathrooms and spa-style master bathroom have all been outfitted with Kohler fixtures. An oversized master bedroom with brick fireplace and three skylights can also be converted to a large, open family room, with direct access to a decked roof terrace offering open southern views. Central AC. Delivered vacant, 2016 Rental income was $14,000 per month.

This property is one of 12 houses that make up the Lamartine Place Historic District, a series of row houses built by William Torrey and Cyrus Mason and completed in 1847.

341 West 29th Street is located near the vibrant Chelsea art and gallery scene, fine restaurants and The High Line. This exceptional townhouse offers the opportunity to create a gracious single family home, and also provides the benefit of an income producing unit while enjoying the privacy of townhouse living. A great opportunity for either an investor or end user.

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

View More Listings Like This One View Neighborhood and School Information

Chelsea, NYC Condominium
$6,950,000

Maintenance/CC: $1,858
Monthly real estate tax: $3,970
Last updated: 12/11/2017
ID: 16839238
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Residence Information

Type: Triplex
Rooms: 12.0
Bedrooms: 7
Bathrooms: 5.5
Outdoor space: Garden
Woodburning fireplaces: 1

Building Information

Period: Pre-War
Built: 1847
Building Type: Townhouse