It’s no secret that New Yorkers love Chelsea. There’s always a new restaurant to try or an art gallery to explore, and it’s never a boring moment. It is also one of the most expensive neighborhoods in the city, for the same reasons. If you are aiming to gain some space in the toddler at a lower cost, you are in luck. Our Pact of the Week, 307 W. 20th St. # 3F, is a Chelsea 1BR with pre-war charm, a deadly kitchen, and even a built-in office space.
The Price: $ 549,990
The average asking price for a home in Chelsea was a whopping $ 2.1 million until August 2020, according to the Street Data Panel. That puts our Agreement of the Week about a quarter of the neighborhood average – a stellar deal!
Buyers who have submitted the 25% minimum down payment of $ 137,497 can expect monthly payments of $ 2,812. This includes a mortgage payment of $ 1,715 and maintenance of $ 1,097.
Why You Will Love It …
This unit has three large windows, all facing south for maximum sunlight throughout the day. The kitchen and living rooms are open to each other, separated by a breakfast bar, which gives a perfect space-saving solution for dining. An exposed brick and decorative fireplace adds to the pre-war charm you would expect from a building dating back to 1850.
The kitchen, however, is definitely modern. It features high-end stainless steel appliances, including a Bertazonni range, a Liebherr refrigerator, and, yes, a dishwasher. There is plenty of up and down storage, including chic open shelf to show your treasures. And the bathroom is similarly up to date, with glass shower doors and a custom tile.
Other impressive features include a spacious closet in the bedroom and a custom built-in desk in the living room. (This can also be used as a home bar, but for now, dedicated home office space is a hot commodity!) This Chelsea 1BR is also impressively located, close to numerous train lines and all the shopping, restaurants and performance of Eighth Avenue. Neighboring highlights such as the High Line and Chelsea Market is just a quick walk away as well.
… And Why You Can’t
This unit is on the second floor of an outbuilding, so there are some stairs involved here. And there are no laundries in the building, so you’ll need to find a reliable car wash – thankfully, there are a few options within a two-block walk. But if you’re aiming to achieve an affordable claim in the heart of a wonderful downtown neighborhood, this Chelsea 1BR is worth a look.
Take a look at the list at 307 W. 20th St. # 3F, and contact StreetEasy Expert in the list for more details.