Updated 4 years ago
Off Market
404 West 22nd Street
Chelsea, Manhattan | Ninth Ave & Tenth Ave
12 Rooms6 Beds6.5 Baths3,920 Square FeetMulti-Family
$5,450,000
floors / apts5 / 5
Lot Size14'3"x72'
Built Size14'3"x52'
ZoneR7B
Building TypeTownhouse
RE Taxes$67,422
Price Per SF
$1,390
Listing Features
- Architectural Dtls
- Original Details
- Restored Details
Outdoor space and views
- Backyard [15'x25']
- Patio [16'x17']
Building Amenities
- Virtual Doorman
- Garden
- Stoop Entry
Property Description for 404 West 22nd Street
NEWER NEWEST NEWS!
Drum Roll for a SIGNIFICANT $500,000 PRICE REDUCTION to a new ask of $5,450,000!
This makes us the best priced Income-producing house in Chelsea and trumpets that the seller is REAL!
NEW Year
NEW Rents
NEW Income
NEW Price
and an Improved Cap Rate.
Located on arguably one of the most beautiful blocks in all of West Chelsea, this townhouse is mere steps away from the High Line, Hudson River, Chelsea Piers athletic complex, Chelsea Market, abundant first rate restaurants and the stimulating NYC art scene. Moreover, the property offers infinite possibilities. While the building still might work a tad better for a user, the newest numbers make it more attractive to investors. Quite frankly, the property offers infinite possibilities, ranging from an out-of-town pied-a-terre owner who can pay for his or her trips and have a place to stay in NYC to a first time home buyer wanting to live in an A+ area. The latter can begin with a single unit and grow into the remainder of the townhouse as needed-all the while collecting income to help defray expenses. The building is set-up with 5 residential free market rentals. It was renovated from top to bottom in 2014 and many original details were retained. The finishes are similar to what one expects in a high end condo. Each unit contains a washer/dryer, dishwasher and even a TOTO toilet. Once you are inside this building, despite the 14ft width, the proportions of the house--especially the high ceilings and the placement of the bannister--are such that you will be most pleasantly surprised how roomy these 3920 square feet feels. For your convenience updated figures follow.
Be sure to call for an appointment today!
Drum Roll for a SIGNIFICANT $500,000 PRICE REDUCTION to a new ask of $5,450,000!
This makes us the best priced Income-producing house in Chelsea and trumpets that the seller is REAL!
NEW Year
NEW Rents
NEW Income
NEW Price
and an Improved Cap Rate.
Located on arguably one of the most beautiful blocks in all of West Chelsea, this townhouse is mere steps away from the High Line, Hudson River, Chelsea Piers athletic complex, Chelsea Market, abundant first rate restaurants and the stimulating NYC art scene. Moreover, the property offers infinite possibilities. While the building still might work a tad better for a user, the newest numbers make it more attractive to investors. Quite frankly, the property offers infinite possibilities, ranging from an out-of-town pied-a-terre owner who can pay for his or her trips and have a place to stay in NYC to a first time home buyer wanting to live in an A+ area. The latter can begin with a single unit and grow into the remainder of the townhouse as needed-all the while collecting income to help defray expenses. The building is set-up with 5 residential free market rentals. It was renovated from top to bottom in 2014 and many original details were retained. The finishes are similar to what one expects in a high end condo. Each unit contains a washer/dryer, dishwasher and even a TOTO toilet. Once you are inside this building, despite the 14ft width, the proportions of the house--especially the high ceilings and the placement of the bannister--are such that you will be most pleasantly surprised how roomy these 3920 square feet feels. For your convenience updated figures follow.
Be sure to call for an appointment today!
Listing History for 404 West 22nd Street
Now
12/12/2022
Expired by Eileen Robert
Brown Harris Stevens
10/21/2022
$5,450,000 [-$300,000] [5.2%]
Price Drop by Eileen Robert
Brown Harris Stevens
Building Details for 404 West 22nd Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVirtual Doorman
AgePre-War
AccessWalk-up
Year Built1840
Floors/Apts5/5
Transit and Citi Bike
Subway
23 St
0.22 miles
14 St
0.35 miles
23 St
0.37 miles
18 St
0.41 miles
8 Av
0.42 miles
Citi Bike
9 Ave & W 22 St
0.03 miles
W 22 St & 10 Ave
0.14 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: 26086TH
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