203 West 22nd Street
203 West 22nd Street
Permanently Off Market
Permanently Off Market
Description
NEWLY RENOVATED MODERNIST TOWNHOUSE: 100% Free Market Rate Tenants In Place - Strong In-Place Cash Flow & Future Upside!
FAR Available — Can Be Built Up — Ideal Income Earner or Single Family Conversion w/Build-Up Potential
Gut Renovated, Prime Chelsea Townhouse: Redone Pre-war Facade & New Designer Construction Throughout
Supremely located in one of Manhattan’s most vibrant and coveted downtown neighborhoods — with close proximity to the Chelsea Gallery District and most every area hot spot (including...
NEWLY RENOVATED MODERNIST TOWNHOUSE: 100% Free Market Rate Tenants In Place - Strong In-Place Cash Flow & Future Upside!
FAR Available — Can Be Built Up — Ideal Income Earner or Single Family Conversion w/Build-Up Potential
Gut Renovated, Prime Chelsea Townhouse: Redone Pre-war Facade & New Designer Construction Throughout
Supremely located in one of Manhattan’s most vibrant and coveted downtown neighborhoods — with close proximity to the Chelsea Gallery District and most every area hot spot (including Hudson Yards) — this fully redone, four-story multifamily property has tremendous upside potential.
With a strong in-place rent roll and proven high demand for units in this home and area, this rare property can be a smart long-term hold — even for an overseas or hands-off investor. The pristine building is also well suited for a condominium conversion or a single family conversion. The property is not landmarked, and there are approximately 2400 square feet of air rights included.
Currently configured as 4 free-market, market-rate tenants-in-place, all apartments are bright, attractive, modern, and pristine. This feel-good building has been artfully reinvented and reimagined as stylish and popular apartments — homes that have consistently proven to be magnets for qualified, market-rate tenants seeking a high-quality home in a stellar location.
On coveted West 22nd Street — a stone’s throw from every prime Chelsea transportation, shopping, dining, fitness, and cultural destination, the entire home has been lovingly re-built anew – offering a fresh beginning for a 21st Century life in a classic shell. Each home in the building is energy-independent, with its own hot water heater and its own central HVAC and washer/dryer units. There is no building boiler or infrastructure to concern a landlord, and there is a terrific building Super (lives nearby) in place.
This brand-spanking-new, stellar construction lays out as follows:
Floor One & Garden Level: Duplexed, dual-entry, floor-through residence with two bedrooms, two baths, open eat-in kitchen with dishwasher, washer/dryer, a large living room with private backyard garden access, high ceilings, wide-planked wood floors, both Southern and Northern exposures, and virtual doorman service.
Floors Two Through Four: Floors two, three, and four each offers a floor through one bedroom, one bathroom residence with top-shelf, stainless appliances (including dishwasher and washer/dryer), high ceilings, wide-planked wood floors, both Southern and Northern exposures, and virtual doorman service.
NOTE: FAR exists that allows owner to build atop floor four — one could explore creation of a duplexed top-floor penthouse with outdoor space. This addition would also serve as upside for a condo conversion or for a single-family home conversion.
Impressive market rate rent roll available upon request, depicting rent comparable to full service building rates.
Here is in-place income in a building that practically runs itself — in one of prime Chelsea’s freshest, smartest new modernist homes. Here is your unique opportunity to acquire an entirely free market investment property with multiple options for future use.
Listing Agent
![Brian K. Lewis]()
blewis@compass.comP: 646.228.7241
Amenities
- Street Scape
- Remote Doorman
- City Views
- Exposed Brick
- Built-Ins
- Hardwood Floors
- High Ceilings
- Walk Up
Location
Property Details for 203 West 22nd Street
| Status | Permanently Off Market |
|---|---|
| Days on Market | 162 |
| Taxes | $3,000 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 7.0 |
| Compass Type | Townhouse |
| MLS Type | Single Family |
| Year Built | 1901 |
| Lot Size | - |
| County | New York County |
Building
203 W 22nd St
Location
Building Information for 203 West 22nd Street
Payment Calculator
$38,446 per month
30 year fixed, 7.25% Interest
$35,446
$3,000
$0
Property History for 203 West 22nd Street
| Date | Event & Source | Price | Appreciation | Link |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 203 West 22nd Street
Schools near 203 West 22nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 11 William T Harris PublicPK to 5 | ||
Middle 297 Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Chelsea
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.