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 Listing
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Property Details
- Townhouse
Amenities
- Cooling: Other
- Pets: Unit No
- View: Other
The Neighborhood
Modern Innovation Meets Classic Elegance.
Hudson Yards Is NYC’s Newest Architectural Marvel With The Vessel As Its Crown Jewel. Adjacent Chelsea Boasts The Famous High Line, Art Galleries. Both Neighborhoods Blend Luxury Shopping, Dining, And Living With Authentic NYC Charm. This West Side Duo Celebrates The City's Past While Embracing The Future. Hot Spots Include: The Vessel, T ... read more
