PLEASE NOTE, MAJOR PRICE DROP; THIS IS NO LONGER A LAND LEASED BUILDING. THIS IS A CONDOP MEANING THIS BUILDING IS A COOP THAT OPERATES WITH CONDOMINIUM RULES. An exceptional opportunity presents itself to acquire a sprawling residence situated on the grounds of the General Theological Seminary. Overlooking "The Close" - a landmarked garden adorned with century-old trees and stunning neo-gothic architecture - this picturesque home is truly one of a kind. This sophisticated and timeless 4 bedroom, 4.5 bathroom home sits on the entirety of the western edge of the Chelsea Enclave, offering South, West, and North exposures, providing a haven in the heart of New York City's bustling West Chelsea. Upon entering, the grand windowed foyer leads to a well-appointed, eat-in kitchen with black absolute granite countertops, white oak cabinetry, Bosh Dishwasher, 36" Wolf oven with a Miele stainless steel fully vented hood, Sub-zero 36" refrigerator, and Sub-Zero stainless steel 46-bottle wine cooler with dual temperature control. The formal dining room and expansive living room showcase floor-to-ceiling windows, framing the picturesque surroundings. Spanning an approximate 950 SF alone, this living area is an entertainer's dream. Off of the kitchen, there is an additional 133 SF private terrace affording views of The Close. A den, or additional living room, separates the dining room, living room, and kitchen, from the bedrooms and laundry room. All four bedrooms, featuring en-suite marble baths, face South, with the primary bedroom featuring its own foyer, a corner nook with floor-to-ceiling windows, and an en-suite bathroom finished with Botticino Fiorio marble, a radiant heated floor, and a Kohler Tea-for-Two bath. The Enclave is truly a unique building, operating as a condop (a coop with condominium rules). The owners benefit from exclusive amenities, including direct access to a secluded, block-long, European-style secret garden that connects the gothic buildings of Chelsea’s General Theological Seminary and the Enclave, a 24-hour doorman, attached garage, live-in resident manager, fitness center, childrens playroom, valet package room, bike room, and a manicured roof deck. This property is a rare and exceptional opportunity to own a piece of history, a magnificent home, and a private oasis in one of the most desirable locations in New York City.