Sales Market

Dreaming of extra space: How does a seven-story townhouse sound?

By Jennifer Laing  | March 12, 2015 - 4:30PM
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Feeling a little squashed in your studio apartment? There’s elbow room to spare in this luxe 3,300 square foot five-bedroom, three and a half bath townhouse renting in Chelsea for $30,000/month. (If it looks familiar that's because you may have spotted it on an episode of HGTV's Selling New York.)

For the monthly outlay, you’d expect some serious bang for your buck, and this five-story home doesn’t disappoint: There’s an 800+ bottle wine cellar in the basement; a garden-level entertainment room with a 60-inch flat screen TV, gas fireplace and access to the terrace; an open chefs kitchen and dining room sprawled out over the entire parlor level; two floors of bedrooms, plus a master suite that takes up the entire 5th floor; and at the very tippy top, a roof deck with a gas fireplace.

Every possible luxury brand -name amenity is present and accounted for: oversized Subzero fridge, Wolf dual oven, Miele dishwasher, Bose sound system, industrial-size Whirlpool washer/dryer, heated Toto toilet. What’s more, according to the listing, all bedrooms are wired for cable and internet and the bathrooms have multiple shower heads, heated marble floors, double sinks and deep soaking tubs. And while many townhouses can seem a bit light-deprived, the south-facing backside of this one is mostly glass, allowing for maximum natural light.

Despite all the good, there are certain drawbacks: First, 3,300 square feet of interior space split up over five floors (not including the basement or roof) works out to just 660 square feet per floor (about the size of a large studio or small one-bedroom apartment) and the layout is a bit quirky with the living/entertainment room situated below the state of the art kitchen/dining level. And don’t forget about all of those stairs (eight flights if you want to sunbathe on the roof between loads of laundry!).

At $30,000/month it’s slightly less than other similarly oversized 4+ bedroom homes in the neighborhood which rent for an average of $38,299, according to StreetEasy.com. Fortunately, it’s available furnished so you won’t have to deal with the annoying expense of moving. The good life, indeed.

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