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439 West 21st Street
Apartment #12345
$6,895,000 Price
10 Bedrooms   7.0 Baths
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Photo 1 of 439 West 21st Street 12345, Chelsea, NYC, $6,895,000, Web #: 1074943244Previous PhotoNext Photo1 of 14

439 West 21st Street, Chelsea, NYC

For sale is a luxury multi-family townhouse that includes five studios and a triplex with two bedrooms and one and a half bathrooms. This property is located on one of the most exquisite blocks in Chelsea, surrounded by charming historic landmark houses. Situated in a prime location...

For sale is a luxury multi-family townhouse that includes five studios and a triplex with two bedrooms and one and a half bathrooms. This property is located on one of the most exquisite blocks in Chelsea, surrounded by charming historic landmark houses. Situated in a prime location between Ninth and Tenth Avenue, this property is considered a prestigious asset in highly sought-after West Chelsea. Nestled on a serene tree-lined street, it offers a tranquil setting. The townhouse enjoys close proximity to several notable Chelsea attractions, including Chelsea Piers, the High Line, and the world-renowned Chelsea Market. Currently, the layout comprises two studios with market rates, two occupied rent-stabilized units, and one vacant rent-stabilized studio that could potentially be combined with the free market triplex. Additionally, the property boasts a 35-foot-deep private rear yard, providing a delightful outdoor space. This property presents a compelling opportunity for both investors and end-users due to its strong rental cash flow and various value-add features: Development potential utilizing the unused air rights to construct an additional 1.5 stories. A garden floor triplex with high-end renovations, offering an excellent live-in plus income opportunity. Potential for future conversion into a single-family residence. The asking price for this remarkable property is $6,895,000. It comprises a total floor area of 4,175 square feet and features six units in total, including five studios and one triplex. The rear yard spans 740 square feet, providing ample outdoor space. Moreover, the property has 1,135 square feet of available air rights for potential future development. The lot dimensions measure 1983, while the building dimensions are 1944.

Courtesy of UbiQ NY Ltd

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Chelsea, NYC
Type: Townhouse
Price: $6,895,000
Date Listed: 5/7/2024
Web ID: 1074943244

Info & Amenities

Type: Townhouse
Rooms: 7.0
Bedrooms: 10
Bathrooms: 7.0
Built: 1900

Map of Area for 439 West 21st Street 12345

Get to Know Chelsea

Chelsea is a vibrant and trendy neighborhood located on the west side of Manhattan in New York City. It stretches roughly from 14th Street to 30th Street and is bordered by the Hudson River to the west and Sixth Avenue to the east. Chelsea is known for its artistic and creative community, with numerous art galleries, theaters, and lively nightlife options. It offers a mix of historic architecture and modern developments, making it a popular destination for residents and visitors alike.

More About Chelsea

Neighborhood Guide to Chelsea

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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