Sterling Equities Sells Chelsea SFR On West 20th Street For $22.5M

Located in Chelsea, the recently closed property transaction involved the sale of a single-family residence at 334 West 20th Street. The property, spanning 7,058 square feet, was listed for an asking price of $25,000,000. The sale price was negotiated and finalized at $22,500,000, resulting in a price per square foot of $3,187. The transaction was completed on 11/17/2021.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $22,500,000
• Market: Chelsea
• Square Footage: 7,058
• Address: 334 West 20th Street

Sterling Equities served as the seller in this record-breaking townhouse sale. The property caught the attention of buyers Jim St. Andre and Robert McCain, represented in the deal by the t.AndreTeam from an undisclosed agency. This transaction marks the highest sale price ever recorded for a townhouse in Chelsea, surpassing the previous record by 40%.