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Listing Courtesy of City Sphere
$ 4,995,000
Est. payment | /mo
21 Beds
14 Baths
6,546 SqFt
$ 4,995,000
Est. payment | /mo
21 Beds
14 Baths
6,546 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,546 sqft
Price per Sqft $763
Subdivision Chelsea
MLS Listing ID RLS20091642
Style Walk-Up
Bedrooms 21
Full Baths 14
HOA Y/N Yes
Year Built 1910
Property Description
336 West 19th Street is a 21-unit Chelsea apartment building offering immediate cash flow and significant upside. The property consists of 8 market-rate apartments and 13 SRO units, with 6 SRO units currently vacant, creating a clear lease-up opportunity for a value-add investor. Built in 1910, the four-story walk-up building. The property encompasses approximately 6,546 square feet on a 2,300 square foot lot and features efficient layouts consistent with classic early 20th-century Manhattan multifamily construction. Located on one of Chelsea's most desirable tree-lined blocks, the building is steps from The High Line, Chelsea Market, Hudson River Park, and major subway lines. The property was previously appraised at $6.6 million, highlighting its long-term investment appeal. Investment Highlights - Four-story pre-war multifamily rental building in Chelsea - 21 residential units consisting of 8 market-rate apartments and 13 SRO units - 6 vacant SRO units offering immediate lease-up and value-add potential -Ideal for multifamily operators, private investors, and family offices - Proximity to major Chelsea destinations including the High Line, Chelsea Market, and Hudson River Park - Opportunity to enhance revenue through unit improvements, operational efficiencies, and ancillary income opportunities, subject to applicable laws and approvals This is an opportunity to acquire a well-located Manhattan asset with both current income and a clear path to increasing value through active management. Hide full description
Location
Rooms
Basement Other
Interior
Fireplace No
Laundry Building None
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
Pool Building None
View Y/N No
Porch None
Private Pool Yes
Building
Story 1
New Construction No
Others
Tax ID 0742-0058
Ownership Rental Building
Special Listing Condition Standard
Pets Allowed Building No, No
RLS Data display by Real Estate Professionals
Nearby Locations
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Bradley Wisk
Associate Broker | Lic# MI- 6506048421 NY- 10401345439