Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
348 W 20th Street
Closed For Sale Multi Family

$5,850,000

$1,170 per sq ft

348 W 20th Street

Chelsea, Manhattan

MLS® #RLS20054745

RLS at REBNY

Listing by Compass

5

Bedrooms

3.5

Baths

5,000

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 2 half
Living Area 5,000 sq ft
Lot Size 1,533 sq ft
Year Built 1910
Ownership None
Property Taxes $38,136/yr
Neighborhood Chelsea
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 3 Full, 2 Half
Floor 1 of 4
Exposure North,South
Pets Yes
Year Built 1910
Living Area 5,000 sq ft
Structure Type Townhouse
Flooring Hardwood
Furnished Unfurnished
Lot Size 1,533 sq ft
Parcel # 0743-0073
Block/Lot 00743/0073

Listing History

Event Date Price Change
Listed Nov 13, 2025 $5,850,000 -
Price Reduced May 9, 2026 $5,995,000 +2.5%

Description

A turn-of-the-century townhouse located on an idyllic Chelsea block, 348 West 20th Street is a 5-story home that offers high ceilings, historic details, and a lush south-facing garden. Flourishes like corinthian columns, 11' - 12' ceilings with graceful archways, French doors, restored railings and banisters, and ornate detailing imbue a soft timelessness. The many fireplaces and their marble mantels; the carefully restored window frames and wooden shutters; and most notably, the vaulted Parlor floor foyer ceiling, do the same. Configured as a two-family with a separate office level, the home is smartly laid out, creating an accessible canvas for a modern renovation that preserves these hard-to-replicate details. The principal residence is comprised of the top three floors of the house, plus the ground level. The main floor consists of an open, south-facing kitchen that overlooks the garden; a central gallery space, and the living room. With 11-foot ceilings, and French doors that open to create an easy flow between rooms, it's a flexible space that works easily for hosting. Large exposures to the north and south let light cascade across the whole level. The island kitchen with counter seating offers ample room for cooking and casual dining. Or, sit in the dining area, where tall windowed doors open graciously to the outdoors. Take the stairs from the parlor level directly to the rear garden. Mature plantings create a serene and private environment with plenty of room for multiple seating areas. The back yard can also be accessed from the ground level, a versatile floor currently laid out with two large offices plus a powder room and multiple closets. The bedroom levels begin on the fourth floor, which has 10-foot ceilings and two additional fireplaces. The primary bedroom faces south, and includes two large closets. The second, a pass-through closet, leads to the primary bathroom, where chic floor and wall tiling add a touch of modernity. On the other end of the floor, a large library or den as large as the formal living room serves either as a standalone room, or a spacious annex to the primary suite. The top floor has two oversized bedrooms, one over 21 feet in length, and the other nearly 20. Bright and quiet, each of these rooms includes pine floors, multiple closets, and plenty of room for seating areas or work-from-home stations. They share a full bathroom, and a full laundry room is located on this level as well. The triplex is complete with central air conditioning and is serviced by a new gas boiler. The home has been immaculately maintained by the same owner for the past nearly 40 years. The second unit comprises the entirety of the garden level. With a well appointed kitchen, fireplace, and laundry facilities, it functions easily as a one-bedroom rental unit, or a mother-in-law apartment. Alternatively, it could be easily incorporated with the other floors to create a majestic single-family home. 348 West 20th Street is on a special stretch of Chelsea, part of a unique enclave known for its historic townhouses, gracious seminaries, and green canopy of trees. The home itself is surrounded by 42 landmarked townhouses, guaranteeing the next owner decades of low scale sun and air. It is moments from the vibrant galleries of West Chelsea, yet also within easy proximity to major public transit. It's a short journey to Chelsea Market, the High Line, and the West Village without the din of tourists. And adjacent to many restaurants and art institutions - indeed, Atlantic Theater Company is only a few doors down - it's also close to the Google campus and major grocery stores.

Features & Amenities

Interior Features

Crown Molding High Ceilings Kitchen Island Walk In Closets In Unit See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 4
Structure Townhouse

Financial Details

RE Taxes $38,136/yr ($3,178/mo)
Sale Price $5,850,000
Previous Price $5,995,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

318

Median Asking Price

$2.00M

Median $/Sqft

$1,881

Avg Days on Market

N/A

New This Week

17

Price Reduced

32%

Sold (30 Days)

19

Median Sale Price

$1.63M

Live data from RLS at REBNY • Updated 5/29/26, 10:49 AM EST

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Location

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348 W 20th Street, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $98,640
Land Value: $20,940
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,504 SF
Building Area: 1,520 SF
Built FAR: 0.61
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $38,136, or roughly $3,178 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 2 half bathrooms.

The listed interior living area is 5,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $5,850,000 for 5,000 sq ft, the asking price per square foot is approximately $1,170. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20054745
First Listed: 10/15/2025
On Market: 11/13/2025
Price Changed: 5/9/2026
Closed: 5/5/2026
Contract Date: 10/13/2025

Listing Courtesy of Compass - Nicholas H Gavin

Listing Contact: (646) 610-3055

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 2:49 PM UTC

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