After a tumultuous few years on and off the market, the Greek Revival townhouse at 436 West 20th Street is back, this time asking $19.75 million. The landmarked Chelsea home is perhaps best known for its former celebrity residents, among them Courtney Love, Olivier Sarkozy, Andrew Garfield and Emma Stone, and Glenn Close (though not all at the same time, obviously).
But the celeb imprimatur hasn’t been enough to generate interest thus far, leading to some pricing gymnastics: It first hit the market in 2010 for $21 million, returned in 2012 for $19 million, and returned yet again in 2015 for $22.5 million.
Part of the problem: the place is currently configured as five rental units, and while there’s the potential to convert to one huge single-family home (the building covers about 9,000 square feet), that’s a lot of work. (One of the units is also still up for grabs for $10,000/month, according to StreetEasy.)
Other amenities include 13 (!) fireplaces, two balconies, an outdoor patio, a roof deck, and the knowledge that you’ll be sleeping where Courtney Love once partied. (And really, can you put a price on that?)
- Listing: 436 West 20th Street [Cushman & Wakefield]