345 Meatpacking, #3D

Chelsea, Manhattan, NY 10014

Apartment 3D is a corner one-bedroom/two-bathroom residence measuring 1,157 square feet in an amenity-filled building and a premier location.

From an investment standpoint, it can achieve $11,000 in monthly rental income. Given the carrying costs are approx. $3,500, the net operating income comes to $90,000/year returning a 4% CAP rate at the asking price. The apartment is a sound investment in addition to an elevated residence.

The apartment offers exquisite design details and provides both north and east exposures. The open living/dining room features custom milled paneling. The den is transformed as a second living room adding depth to the elegant living space. The artisan-crafted kitchen features custom oak millwork, bronze detailing, honed Absolute Black granite countertop/backsplash, Dornbracht fixtures, and fully integrated Sub-Zero, Wolf, and Bosch appliances.

The primary bedroom easily accommodates a king-size bed and features a walk-in closet. The bathroom includes a glass-enclosed wet room with oversized slabs of Spanish Travertine Marble, solid brass vanity with granite countertop, and custom brass wall sconces. The second full bathroom is highlighted by beautiful handcrafted, Moroccan ceramic tile, Hansgrohe fixtures, and a deep soaking Duravit tub.

Located in one of the city's most sought-after and premiere neighborhoods, the building offers white-glove concierge service, full-time doorman and staff, landscaped roof deck with unobstructed city and river views, a state-of-the-art fitness center, bike room, and private storage. Surrounded by extraordinary river and urban parks, top galleries and museums, shopping and top dining, West Chelsea is at the core of design and culture. Nearby notable include newly formed Gansevoort Peninsula, Chelsea Market, Soho House, Restoration Hardware, Avenues, the World School, the famed Hudson River Park, Chelsea Piers, and Little Island, the Heatherwick designed floating Pier 55.