$6,500,000
Updated 2 years ago
Sold

447 West 22nd Street

Chelsea, Manhattan | Ninth Ave & Tenth Ave

20 Rooms11 Beds6 Baths4,935 Square FeetIncome Property

$6,500,000
floors / apts5 / 6
Lot Size20'x98'8"
Built Size20' wide
ZoneR7B
Building TypeTownhouse
RE Taxes$69,036
Price Per SF
$1,317

This property was sold for $5,860,000 on 02/19/25.

Listing Features

  • Architectural Dtls
  • Beamed Ceilings
  • High Ceilings
  • Moldings
  • Original Details
  • Oversized Windows
  • Skylights

Outdoor space and views

  • Backyard
  • City Views

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 447 West 22nd Street

47 West 22nd Street is a 100% free-market, six-unit multifamily townhouse property located in the heart of the West Chelsea neighborhood of Manhattan. The 5-story, 20' wide multifamily building encompasses 4,935 square feet with six (6) residential units. Of the six (6) units, there is one (1) three-bedroom, two bathroom garden duplex with a generous private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, and one (1) studio unit.

The building is fully occupied, offering strong in-place cash flow coupled with significant value- add upside through renovation strategy.

447 West 22nd Street is ideal for either an investor or an end-user seeking an irreplaceable asset in a prime Manhattan submarket, with in-place income from the units and the future ability to renovate all 6 units to benefit from the fully free-market status of the property. The property benefits from a 44' private rear yard, which is currently accessible only to a garden duplex unit. Due to the 100% free-market status, there is the future ability to convert the property into an incredible single-family townhouse

Co-Exclusive with Avison Young


Listing History for 447 West 22nd Street

Now
02/20/2025
$5,860,000
Sold and Closed by Ariel Cohen
Douglas Elliman
01/14/2025
Contract Signed by Ariel Cohen
Douglas Elliman

Building Details for 447 West 22nd Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/6
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.27 miles
14 St
0.4 miles
23 St
0.42 miles
18 St
0.47 miles
8 Av
0.47 miles

Citi Bike

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

Contact Agent

Contact Agent

Ariel Cohen
Douglas Elliman

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: 91867TH