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452 W 19th St, 2C

West Chelsea

  • $1,199,000
  • 1bed
  • 1bath
  • 1,006 sqft

Welcome to 452 W 19th

Incredible value condo in West Chelsea! Don? t buy someone else? s renovation. Bring your architect and design your own dream pad in this former horse stable in the heart of West Chelsea! With over 1000 square feet of space and an efficient floor plan, this over-sized 1 bedroom can easily be redesigned to include a den or home office, or build out an enormous walk-in-closet to go along with your spacious bedroom. Expose the wood and iron within the original beams of this 19th century building. It will be difficult to find a better investment play in such a prime location. The after renovation value can exceed $1.5M and the rental yield will be a 3% cap rate. Formerly a horse stable, 452 West 19th Street is a boutique condominium that has everything you need and nothing you don? t need, keeping monthlies extremely low for condos in this area. You are steps from strolling along The Highline, shopping/dining at Chelsea Market, and playing at Chelsea Piers. There is currently an assessment of $105.81 per month through 11/30/18. No board package required -- Sponsor Sale.

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