Updated 9 days ago
362 West 30th Street
Chelsea, Manhattan | Eighth Ave & Ninth Ave
15 Rooms6 Beds4 Baths3,200 Square FeetMulti-Family
$5,995,000
floors / apts4 / 4
Lot Size20'x98'
Built Size20'x40'
ZoneR8B
Building TypeTownhouse
RE Taxes$46,164
Price Per SF
$1,873
Listing Features
- Original Details
Outdoor space and views
- Garden
- Terrace
- City Views
- Garden Views
Building Amenities
- Garden
- Gated Entry
- Second Entry
- Stoop Entry
Property Description for 362 West 30th Street
100% Free-Market Chelsea Townhouse with Significant Value-Add and Development Potential
Positioned on one of Northwest Chelsea's most desirable blocks, this 20-foot-wide multifamily townhouse presents a rare opportunity to acquire a well-maintained income-producing property in one of Manhattan's most supply-constrained and rapidly evolving neighborhoods.
The property is currently configured as four residential units, including a garden-level apartment with direct access to a deep rear garden, a parlor-level floor-through residence, and two upper floor-through two-bedroom apartments. All units enjoy both northern and southern exposures, providing exceptional natural light throughout the day and serene garden views to the rear. Original details, exposed brick, decorative fireplaces, high ceilings, and a skylight on the top floor contribute to the property's enduring character.
The building offers multiple avenues for value creation, including certain unit renovations, expansion, redevelopment, and the utilization or sale of the 5500SF of unused air rights. The existing structure occupies only a portion of its allowable zoning envelope, creating substantial upside for investors, developers, and end-users alike.
Major office campuses occupied by Meta, Amazon, Apple, BlackRock, and numerous technology, finance, and media firms are all within a few minutes' walk and have transformed the surrounding neighborhood into one of Manhattan's most important live-work districts.
Highlights include:
- 100% free-market building
- Four residential units
- 20' x 98.75' lot
- 5500 SF of unused FAR
- North and south exposures
- 60' deep rear garden with expansion potential
- One block from Penn Station and Moynihan Train Hall
- Few minutes' walk from Hudson Yards, Whole Foods, the High Line, and Chelsea's world-famous gallery and dining scene
As demand for housing continues to grow in the area, opportunities to acquire a fully free-market townhouse with this level of meaningful upside have become increasingly scarce. 362 West 30th Street offers a unique combination of location, flexibility, income potential, and long-term value creation in one of Manhattan's most dynamic neighborhoods.
Listing History for 362 West 30th Street
Now
06/12/2026
$5,995,000
Initial Price by David Rosen
Serhant LLC
2026
Building Details for 362 West 30th Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1848
Floors/Apts4/4
Transit and Citi Bike
Subway
34 St-Penn Station
0.26 miles
23 St
0.32 miles
28 St
0.32 miles
34 St-Penn Station
0.35 miles
34 St-Hudson Yards
0.43 miles
Railroad
Penn StationLong Island Rail Road
0.22 miles
Citi Bike
W 29 St & 9 Ave
0.05 miles
9 Ave & W 33 St
0.15 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: 69630TH
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