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A blog from CityRealty (Links below will take you to the 6sqft site)

426 West 22nd Street

Listing no longer available on CityRealty as of Oct 1, 2021
It previously was on the market for a total of 66 days.
66 days on Market

Pricing History

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Key Details

  • Listed Jul 27, 2021
    Days on Market 66
    Building Type Townhouse
    Neighborhood Chelsea
    Listing viewed 310 times
Est. Monthly Mortgage -
Total Est. Monthly Carrying Cost $25,971

Description

As featured in the New York Post, Curbed NY, 6SqFt, and a finalist in the HGTV Ultimate House Hunt, Brown Harris Stevens is pleased to offer the following 3-family townhouse opportunity. Situated between Ninth and Tenth Avenue on one of the most coveted blocks in West Chelsea, this approximate 4,180 square foot, townhouse offers the ideal live plus income opportunity.

The recently-renovated ground floor duplex is optimal for a user, comprised of approximately 2,306 square feet. This pristine unit includes three bedrooms, three bathrooms, four wood burning fireplaces, a washer/dryer, and a host of high-end appliances.

The beautifully landscaped 818 square foot private garden can be used as a personal refuge from the city or act as a spacious venue for hosting guests. The other two units each boast tremendous character with exposed brick, high ceilings, two working fireplaces in each and private outdoor spaces.

In addition to providing a live plus income opportunity, this turn-key historic townhouse encompasses three, free market apartments exempt from rent-stabilization laws. This affords a new buyer with a variety of immediate investment scenarios, including but not limited to live plus income, conversion to a single family mansion, boutique condominium conversion, or as a buy and hold rental with cash flow upside through additional property renovations.

This quiet, tree-lined block attracts high profile owners and renters who enjoy this exclusive neighborhood's charm and close proximity to the Hudson River, Chelsea Piers, The Highline, Chelsea Market, Avenues: The World School, the Meatpacking District, and the Path, 1, 2, A, C, E and L subway lines.

An executive summary with additional property information, current rent rolls, and expenses can be provided upon request.

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