Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $24,000,000

· Sold at asking price · Closed January 22, 2025

SOLD: 217 W 21ST Street
SOLD $24,000,000
Sold Multi Family

$24,000,000

$1,333 per sq ft

217 W 21ST Street

Chelsea, Manhattan

MLS® #RLS10994535

RLS at REBNY

Listing by Corcoran Group

Studio

8

Baths

18,000

Sq. Ft.

1920

Year Built

Sale Details

Sale Price $24,000,000
Original List Price $24,000,000
First Listed At $34,000,000
Close Date January 22, 2025
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 8
Living Area 18,000 sq ft
Year Built 1920
Ownership None
Property Taxes $184,968/yr
Neighborhood Chelsea
Floor 1 of 3

Description

The Star Cinema Building Rare in every way possible, the Star Cinema Building represents a singular opportunity to live and work in a fully restored and modernized 1920s warehouse building with elevator perfectly situated on one of Chelseas prime tree lined residential blocks. This unique structure offers 18,000rsf on four levels and the potential of adding a new residential triplex to its top using available FAR. Characterized by its authentic textures, the building is NOT landmarked, and it is built to its full depth and width of 100 x 50 feet with two curb-cuts and a 2-car showroom-quality garage on the ground floor. Unbridled open space is lined with beautifully executed glass enclosed rooms constructed with original wood beams salvaged from the building's restoration. The second floor is a true loft with wide open space, high-ceilings, and a setback allowing for a 50-foot wide expanse of open-air outdoor space surrounded by townhouse gardens. Restored original casement windows flank the south side of the floor while custom made windows and doors designed to match the character of the building out look to the terrace and beyond. The third floor has been known as an artists space for decades and was the artistic home of a renowned painter. While restored, it still operates as an active studio for emerging artists with multiple artists in residence. The third floor has work spaces, storage, skylights and tremendous natural light through its oversized original windows and skylights. The basement is a fully functional space which has been restored and has accessory usage to the ground floor with two means of egress including high ceilings and elevator access. From the buildings 3,447sf roof one gets a sense of this auspicious location. It is ideal to expand upon or create a roof deck accessed by a proper staircase. Please inquire for more information about this special opportunity to create a unique presence in a prime a Chelsea location.

Property Details

Type Multi Family
Ownership None
Total Rooms 1
View Other
Cooling Central Air
Year Built 1920
Living Area 18,000 sq ft

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RLS at REBNY

Listing courtesy of Scott Stewart at Corcoran Group. 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. This 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.

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