447 W 22ND Street, New York City, NY 10011

  • $6,500,000
Active
447 W 22ND Street, New York City, NY 10011
  • $6,500,000

Overview

Property ID: RPLU-5123116507
  • Townhouse, Residential
  • Property Type
  • 11
  • Bedrooms
  • 6
  • Bathrooms
  • 4935
  • Square Feet
  • 1900
  • Year Built

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

Details

Updated on October 31, 2024 at 7:11 pm
  • Property ID: RPLU-5123116507
  • Price: $6,500,000
  • Property Size: 4935 Square Feet
  • Bedrooms: 11
  • Rooms: 20
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1900
  • Property Type: Townhouse, Residential
  • Property Status: Active

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Jerry Wang
  • Jerry Wang