Updated 5 years ago
Off Market
426 West 22nd Street
Chelsea, Manhattan | Ninth Ave & Tenth Ave
8 Beds5 Baths4,090 Square FeetMulti-Family
$7,700,000
floors / apts4 / 3
Lot Size19'x93'
Built Size19'x43'
ZoneR7B
Building TypeTownhouse
RE Taxes$55,512
Price Per SF
$1,883
Listing Features
- Restored Details
- WBFP
Outdoor space and views
- Backyard
- Garden
- Patio
- Terrace
- Treeline Views
Building Amenities
- Voice Intercom
- Garden
- Roof Deck
- Second Entry
- Stoop Entry
Property Description for 426 West 22nd Street
As featured in the New York Post, Curbed NY, 6SqFt, and a finalist in the HGTV Ultimate House Hunt, Brown Harris Stevens is pleased to offer the following 3-family townhouse opportunity. Situated between Ninth and Tenth Avenue on one of the most coveted blocks in West Chelsea, this approximate 4,180 square foot, townhouse offers the ideal live plus income opportunity.
The recently-renovated ground floor duplex is optimal for a user, comprised of approximately 2,306 square feet. This pristine unit includes three bedrooms, three bathrooms, four wood burning fireplaces, a washer/dryer, and a host of high-end appliances. The beautifully landscaped 818 square foot private garden can be used as a personal refuge from the city or act as a spacious venue for hosting guests. The other two units each boast tremendous character with exposed brick, high ceilings, two working fireplaces in each and private outdoor spaces.
In addition to providing a live plus income opportunity, this turn-key historic townhouse encompasses three, free market apartments exempt from rent-stabilization laws. This affords a new buyer with a variety of immediate investment scenarios, including but not limited to live plus income, conversion to a single family mansion, boutique condominium conversion, or as a buy and hold rental with cash flow upside through additional property renovations.
This quiet, tree-lined block attracts high profile owners and renters who enjoy this exclusive neighborhood's charm and close proximity to the Hudson River, Chelsea Piers, The Highline, Chelsea Market, Avenues: The World School, the Meatpacking District, and the Path, 1, 2, A, C, E and L subway lines. An executive summary with additional property information, current rent rolls, and expenses can be provided upon request.
The recently-renovated ground floor duplex is optimal for a user, comprised of approximately 2,306 square feet. This pristine unit includes three bedrooms, three bathrooms, four wood burning fireplaces, a washer/dryer, and a host of high-end appliances. The beautifully landscaped 818 square foot private garden can be used as a personal refuge from the city or act as a spacious venue for hosting guests. The other two units each boast tremendous character with exposed brick, high ceilings, two working fireplaces in each and private outdoor spaces.
In addition to providing a live plus income opportunity, this turn-key historic townhouse encompasses three, free market apartments exempt from rent-stabilization laws. This affords a new buyer with a variety of immediate investment scenarios, including but not limited to live plus income, conversion to a single family mansion, boutique condominium conversion, or as a buy and hold rental with cash flow upside through additional property renovations.
This quiet, tree-lined block attracts high profile owners and renters who enjoy this exclusive neighborhood's charm and close proximity to the Hudson River, Chelsea Piers, The Highline, Chelsea Market, Avenues: The World School, the Meatpacking District, and the Path, 1, 2, A, C, E and L subway lines. An executive summary with additional property information, current rent rolls, and expenses can be provided upon request.
Building Details for 426 West 22nd Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1843
Floors/Apts4/3
Transit and Citi Bike
Subway
23 St
0.25 miles
14 St
0.36 miles
23 St
0.4 miles
18 St
0.43 miles
8 Av
0.44 miles
Citi Bike
9 Ave & W 22 St
0.06 miles
W 22 St & 10 Ave
0.11 miles
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: 58822TH
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