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

Property Details of 439 West 21St Street, Unit Building

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Listed by Veronique Lerebours and Giampiero Rispo of Domus Arbiter Realty Corp.

Based on information submitted to REBNY as of January 29, 2023 7:54 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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