$6,325,000
Updated 6 years ago
Off Market

248 West 22nd Street

Chelsea, Manhattan | Seventh Ave & Eighth Ave

17.5 Rooms8 Beds6.5 Baths4,600 Square FeetMulti-Family

$6,325,000
floors / apts4 / 3
Lot Size24'x98'
Built Size20'x60'
ZoneR8B
Building TypeHouse
RE Taxes$43,044
Price Per SF
$1,375

Outdoor space and views

  • Deck

Building Amenities

  • Garden

Property Description for 248 West 22nd Street

Non-landmarked 25' wide property in prime Chelsea. Currently a renovated three family townhome. Will be delivered vacant. 4,600 SF existing. 9,776 SF buildable.

Perfect as a turnkey rental property, non-landmarked development opportunity, or primary residence with strong additional income.

Located on 22nd Street between Seventh and Eighth Avenues amidst architecturally significant single family homes, on a bucolic tree-lined street, moments from highly acclaimed schools, and one half block from a multitude of shopping and dining options, 248 West 22nd Street is a lovely three family property with 40 foot deep planted, private garden- offering tremendous untapped potential for expansion. This property is non-landmarked on a non-landmarked block. The new owner will be able to construct the 9,776 square foot mansion of their dreams that is 25' wide. In contrast to most townhouse lots this width in Chelsea, you can create any style of home that you would like from traditional to very modern.

Current set-up:
Unfinished Basement with building mechanicals and storage.

Ground Level/Second Level:
The ground and second floors contain an income producing three bedroom, two full bath and powder room duplex apartment with access to the glorious 25x40 foot private garden, formal living and dining rooms, eat-in kitchen, laundry and a private deck accessed from the master bedroom.

Third Floor:
Two bedroom, two full bathroom income producing rental apartment with laundry, home office, and galley kitchen.

Fourth and Fifth Floors:
Three bedroom, two full bathroom plus powder room owner's duplex with large deck accessed off the master bedroom, vast great room with dining and open kitchen, laundry, and stairs to a private 20x35 foot roof garden.

Located within the R8B Zoning District with a maximum Floor Area Ratio of 4.0- a non-landmarked building on a non-landmarked block-the maximum permitted square footage for this unique offering is 9,776 square feet. With approximately 4,600 existing square feet existing on the lot, there is the possibility of an additional 5,176 for a building enlargement-in addition to a 30 foot deep garden. The possibility to build 25 feet wide and approximately 70 feet deep; a sublime opportunity for a single family estate, or an owner's four bedroom triplex with a two to three bedroom duplex with garden income producing property. The opportunities are endless. Contact us for an exclusive look at this truly rare offering.

Listing History for 248 West 22nd Street

Now
02/18/2021
Expired by Mike Lubin
Brown Harris Stevens
01/26/2021
$6,325,000 [-$175,000] [2.7%]
Price Drop by Mike Lubin
Brown Harris Stevens

Building Details for 248 West 22nd Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.12 miles
23 St
0.14 miles
18 St
0.2 miles
23 St
0.28 miles
14 St
0.29 miles

Citi Bike

W 22 St & 8 Ave
0.08 miles
W 20 St & 8 Ave
0.11 miles

Contact Agent

Contact Agent

Mike Lubin
Brown Harris Stevens

Chelsea | Manhattan

Quick Profile

The row houses portray the world-class architecture of Greek Revival, Italianate and Georgian styles. The population is both ethnically and socially diverse, which is reflected in the restaurants and retail businesses in the neighborhood. 

Western Chelsea is the center of the NYC art world, where you will find more than 200 art galleries housed in rehabbed factories and warehouses, as well as in newly-constructed buildings.

While people of many different cultures call Chelsea home, it has been a mecca over the years for people in the LGBTQ community. One census reported that as many as 22% of its residents were gay couples. Eighth Avenue is a trendy area for LGBTQ-oriented dining and shopping. Although it no longer draws the LGBTQ population that it once did, Chelsea still has many popular alternative bars.  

Chelsea is primarily residential, consisting of a mixture of diverse complexes, low-rise apartment blocks, tenements, townhouses, renovated row houses, and luxury high-rises. 

Chelsea is an interesting and sought-after place to live, with unique clothing boutiques, restaurants, and delis representing cultures from around the world. In addition to its quirky establishments, Chelsea has fine dining restaurants and a vibrant, hip nightlife, which adds to its allure.

Chelsea is well-served by public transportation. At least six city bus routes traverse Chelsea. There are three NYC subway routes with stops on Seventh Avenue, three on Eighth Avenue, and two more on Sixth Avenue. The 34th Street - Hudson Yards Station opened in 2015 with its main entrance in Chelsea.  

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 79558TH