Active

447 West 22nd Street

New York City NY, 10011

$6,500,000


$1,317.12 per sqft

Active

11 Beds

6 Baths

4,935 sqft

Townhomes

Built in 1900

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

RPLU-5123116507

MLS ID

December 12, 2024

Listed

December 12, 2024

Updated

Map

447 West 22nd Street
New York City NY, 10011

Interior Features

Total Stories

5


Bedrooms

11


Total Bathrooms

6


Full Bathrooms

6


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Taxes

$69,036


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

NewYork


Pool

No

Listed by Ariel Cohen with Douglas Elliman Real Estate
Listing Contact: (646) 235-0075 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/12/2024 at 6:12 PM UTC

 

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