HIGHLIGHTS
- Extensive Renovations: Completed in January 2018, the property underwent a comprehensive renovation, both inside and out.
- Investment Opportunity: With its fully occupied units and leases extending through 2025, this property offers immediate income
- Accessibility: The property is easily accessible by private and public transportation. It’s just a short walk to the 1, 2, and 3 subway lines
- Prime Chelsea Location: Located at 203 West 22nd Street, this property is in the heart of Chelsea, a vibrant and highly sought-after neighborhood
- No Historic District Constraints: As the property is located outside a historic district, the new owner has flexibility for renovation
FOR SALE DETAILS
PRICE
$5,495,000 USD
PRICE/SF
$1,665 USD /SF
# OF UNITS
4
PRICE/UNIT
$1,373,750
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1901
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.02 AC
LAND SF
871 SF
ZONING
R8A
APN/PARCEL ID
0772-0043
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646-868-0013
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646-868-0013
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