447 W 22ND Street Active Save Request In-Person Tour Request Virtual Tour
Manhattan,NY 10011
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,935 sqft
Price per Sqft $1,317
Subdivision Chelsea
MLS Listing ID RPLU-5123116507
Bedrooms 11
HOA Y/N No
Year Built 1900
Annual Tax Amount $69,036
Property Description
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
Location
State NY
County Newyork
Rooms
Basement Other
Interior
Cooling Other
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 5
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $5,753
Special Listing Condition Standard
Pets Allowed Building Yes,No