11 W 20TH Street #4FL

ALL PICTURES ARE RENDERINGS OF THE RESIDENTIAL POSSIBILITIES: The: 4th Floor at 11 West 20th Street is located in the NYC Chelsea/Flatiron area. The building of 11 West 20th Street is a nine story boutique building, located steps off 5th Avenue. The floor is currently a commercial space, and it carries with it the ability, under zoning law, to be converted to a residential unit. The floor will be sold as an empty commercial loft, ready for your Architect. The unit contains soaring 11'4-12' ceilings, no columns with windows in the front and back of the space with North and South exposures. The space may be developed with exposed brick arched ceilings and walls. All units in the building contain key-lock elevator access which opens directly into the units and have a video and security recording-system. The building has excellent financials, and the infrastructure has been upgraded, including a new roof. The Flatiron district is one of the most popular areas in the City with its residential conversions, fashionable retail stores, Trader Joes, Whole Foods, and excellent restaurants. There are two great parks, Madison and the Union Square Park, where you will also find the famous Green Market. The transportation is excellent with near-by subway lines that include: 4, 5, 6, N, R, Q, F and 1, 2, 3. Also the Path train to New Jersey. Sale Price: $2,000,000. CC: $1,159, Tax: $3,528.. .......................................................................................................................... HOT OFF THE PRESS; THE EXISTING TAXES ARE $3,528 PER MONTH. THE NEW TAXES OF $2,331, WILL BE DETERMINED FROM RECLASSIFICATION OF THE BUILDING TO CLASS 2-C. See offering plan for complete terms.