$6,500,000 ($1,317.12 per sqft)

Est. Mortgage $32,868/mo *

Quick Pre-Approval

Listing courtesy of Douglas Elliman Real Estate Phone: (212) 891-7000


447 W 22ND Street, New York, (Chelsea), NY, 10011

447 W 22ND Street, New York, (Chelsea), NY, 10011

20 rooms

11 beds

6 Full baths

1900

4,935 sqft

47 West 22nd Street is a 100% free-market, six-unit multifamily townhouse property located in the heart of the West Chelsea neighborhood of Manhattan. The 5-story, 20' wide multifamily building encompasses 4,935 square feet with six (6) residential units. Of the six (6) units, there is one (1) three-bedroom, two bathroom garden duplex with a generous private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, and one (1) studio unit.

The building is fully occupied, offering strong in-place cash flow coupled with significant value- add upside through renovation strategy.

447 West 22nd Street is ideal for either an investor or an end-user seeking an irreplaceable asset in a prime Manhattan submarket, with in-place income from the units and the future ability to renovate all 6 units to benefit from the fully free-market status of the property. The property benefits from a 44' private rear yard, which is currently accessible only to a garden duplex unit. Due to the 100% free-market status, there is the future ability to convert the property into an incredible single-family townhouse

Co-Exclusive with Avison Young


Status:

Active

Town:

New York

Type:

Townhouse

Laundry Remarks:

In Unit

Units:

6

Cooling:

Other

Basement:

Other

Levels:

5

Lot Size:

99.00x20.00

Est. Taxes:

$69,036

View Description:

Other

Pet Policy:

Building Yes, No

MLS #:

RLS10995703


Community Info

School Info


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