Wonder Works Construction and Development, in partnership with Girona Ventures, listed a 11,000-square-foot Chelsea townhouse for $36.8 million, after extensively renovating the property.
The five-bedroom property on West 17th Street was once the studio of designer Karim Rashid, the Wall Street Journal reported. In 2014, developers Jeff Ravetz of Girona Ventures and Wonder Works bought the house for $9.35 million.
The property now features an elevator, an indoor gym, a glass-enclosed wine room and a home theater, according to the paper. The basement has an indoor swimming pool, sauna and steam room. The landscaped roof deck boasts a hot tub, as well as dining and lounging areas.
Alyssa Brody and Sabina Belkin of Compass have the listing.
Girona Ventures focuses on acquiring commercial properties, some of them in the Bronx, Queens and Westchester, according to its website. [WSJ] — Miriam Hall