154 Ninth Avenue
In Contract

Building For Sale  • 
Chelsea
Web ID # 1117646 RLS

$ 6,200,000

4,424 ft2  
Tax (Monthly): $2,481

Building & Unit Features

  • Laundry In Unit
  • 154 Ninth Avenue is a quaint, four-story, 22' wide, 4,424 square foot mixed-use townhouse with low real estate taxes, located on a quintessential block in the Chelsea landmark district. Approximately 49 feet deep, and on a lot that is 62 feet deep, 154 Ninth Avenue consists of a first-floor commercial storefront leased to Royal Care Pharmacy (through Feb. 2025) and three floor-through 2-bedroom / 1-bathroom apartments above it, with 2 out of 3 vacant and the third owner-occupied. A 308 square foot garden is accessed from the common area's ground floor, and there's a full basement with good working systems in place. Built in 1852 and owner-occupied for the last 45+ years, the building has good bones, very low real estate taxes, is well-maintained with updated systems (new boiler, water pipes replaced with copper pipes, sound proofing and insulation in units 3 and 4, and a renovated commercial space), and is in very good condition. To recap:

    Lot Size: 22.1' x 62'

    Building Size: 22' x 49'

    Floors: 4 (1st floor commercial, three floor-through apartments above, full basement, and garden).

    Int. Sq. Footage: 4424 sf

    Ext. Sq. Footage: 308 sf

    Annual Property Taxes: $29,764

    Year Built: "Nos. 150-158 were built in the local vernacular, in 1852, for James M. Edgar. These buildings were constructed with shops on the ground floors and dwellings above, to meet the daily needs of the shopkeepers and to serve the growing population in the neighborhood" (quoted in the 1970 Chelsea Historic District Designation Report).

    Location: Chelsea Landmarked Historic District block, on a coveted stretch of Ninth Avenue near countless art galleries, the High Line park, Chelsea Market, and many excellent restaurants and shops the Chelsea neighborhood has to offer.
    Floor: 1
    Stories: 4
    Units: 3
    Total Rooms: 16

    Courtesy Of Corcoran Group

    Contact Agent


    Estimated Monthly Costs


    $31,351
    Est. Mortgage
    $2,481
    Real Estate Tax
    $33,832
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
    Reset


    Loading Map...

    Nearby Subways

    • A C E L 8th Ave & 16th St (~0.21 mile)
    • C E 8th Ave & 23rd St (~0.22 mile)
    • 1 7th Ave & 18th St (~0.32 mile)
    • F L M 1 2 3 7th Ave & 14th St (~0.41 mile)


    This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Brownstone Real Estate LLC.. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.