$6,895,000
Updated 3 years ago
Off Market

439 West 21st Street

Chelsea, Manhattan | Ninth Ave & Tenth Ave

7 Baths4,175 Square FeetMulti-Family

$6,895,000
floors / apts4 / 5
Lot Size18'9"x83'
Built Size18'9"x44'
Building TypeTownhouse
RE Taxes$62,715
Price Per SF
$1,651

Listing Features

  • High Ceilings
  • Oversized Windows
  • Spiral Staircase
  • Deco Fireplace
  • Central AC
  • Radiator

Outdoor space and views

  • Backyard [740 SF]
  • Terrace

Building Amenities

  • Voice Intercom

Property Description for 439 West 21st Street

Luxury multi-family townhouse for sale featuring 5 studios and one triplex 2 bedroom/1.5bathroom.
Considered as one of the most beautiful blocks in Chelsea, the property is peacefully surrounded by historic land-marked houses.

Trophy asset situated in a top location between Ninth and Tenth Avenue in one of the most coveted blocks in West Chelsea on a quiet tree-lined street.
The building is in close proximity to some of Chelsea’s highlights like Chelsea Piers, the Highline and the world-famous Chelsea Market.
The layout currently consists of 2 free market studios, 2 occupied rent stabilized units, 1 vacant rent stabilized studio possibly to be combined with 1 free market triplex.
The building also features a 35-foot-deep private rear yard.
The property presents a highly interesting opportunity both to an investor and a final user thanks to the strong in-place rental cash flow and the following value-add features:
- Development of the unused “air rights” to build 1.5 additional Stories.
- Excellent live plus income opportunity thanks to the high-end renovations in garden floor triplex.
- Potential future single family conversion.

Asking price: $6,895,000
6 Units (5 studios + 1 Triplex)
Total floor area: 4175 Sqft
Rear Yard: 740 Sqft
1,135 st available air rights
Lot dimensions: 19x83 - Building dimensions: 19x44

Building Details for 439 West 21st Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/5
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.28 miles
14 St
0.35 miles
8 Av
0.42 miles
23 St
0.42 miles
18 St
0.44 miles

Citi Bike

9 Ave & W 22 St
0.08 miles
W 20 St & 10 Ave
0.09 miles

Contact Agents

Contact Agents

Giampiero Rispo
Domus Realty

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: 38172TH