447 West 22nd Street
Chelsea, NYC
$6,500,000 Price
11 Bedrooms   6.0 Baths

447 West 22nd Street, Chelsea, NYC

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...

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

Courtesy of Douglas Elliman Real Estate

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Chelsea, NYC
Type: Townhouse
Price: $6,500,000
Re Tax: $69,036
Date Listed: 12/12/2024
Web ID: 1077950543

Info & Amenities

Type: Townhouse
Rooms: 20.0
Bedrooms: 11
Bathrooms: 6.0
Built: 1900
Pets allowed: Yes

Map of Area for 447 West 22ND Street

Get to Know Chelsea

Chelsea is a vibrant and trendy neighborhood located on the west side of Manhattan in New York City. It stretches roughly from 14th Street to 30th Street and is bordered by the Hudson River to the west and Sixth Avenue to the east. Chelsea is known for its artistic and creative community, with numerous art galleries, theaters, and lively nightlife options. It offers a mix of historic architecture and modern developments, making it a popular destination for residents and visitors alike.

More About Chelsea

Neighborhood Guide to Chelsea