Set on one of the blocks where many of New York's 19th Century elite boarded their horses, 134 West 18th Street sits in between a row of historic carriage houses, is 23'-wide, commercially zoned and has the ability to be delivered vacant offering an end-user or investor endless opportunities. The street is notable for high-end retail such as West Elm and Michael Aram, furniture designers and the famed Metropolitan Pavilion. The ground floor is currently occupied until August 2022 by the renowned fixtures company Lefroy Brooks; the manufacturer of classic British bathroom and kitchen brassware recognized from the late Victorian era through today, paying $15,333 per month. Lofty ceilings, HVAC throughout, and glass frontage allow great street presence. The second and third levels are configured as a live/work three bedroom, three bathroom unit with a private terrace facing North, currently paying $11,000 per month. 134 West 18th Street is located just outside the Chelsea Historic District and has a total buildable of 12,738 square feet. Though the Sliver Law likely applies, the unused air rights may have future value to the most discerning purchaser. With the ability to deliver entirely vacant, this is a rare opportunity to owner occupy a commercial carriage house for live/work, retail, residential, with an existing curb-cut. Other ideal uses to be considered for the building are: art gallery and studio, community facility, office, hospitality, or a possible small development.

Property Details of 134 West 18th Street, Unit House

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Listed by Matthew Lesser and Ravi Kantha of Leslie J Garfield & Co Inc

Based on information submitted to REBNY as of August 8, 2022 11:49 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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