241 W 20th St | New York, NY 10011
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241 W 20th St
New York, NY 10011
Multifamily Property For Sale · 4 Units
Investment Highlights
- Newly renovated units with high-end finishes
- Immediate access to immense dining, entertainment, and shopping destinations
- Protected Tax Class: Tax Class 2A
- Centrally located in the heart of Chelsea
- Surrounded by numerous transportation lines: A, C, E and L lines
Executive Summary
Avison Young has been engaged by ownership as exclusive agents to sell 241 West 20th Street (the “Property”), a mixed-use building located in the heart of Chelsea between 7th and 8th Avenues on the north side of West 20th Street. The four-story building spans a total of 4,450 square feet across three (3) residential apartments and one (1) ground floor retail space along with 23 feet of frontage. The building is fully occupied, offering strong inplace cash flows.
PROPERTY FACTS
| Price Per Unit | $1,812,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 4 | Building Size | 4,450 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid Rise |
| Price Per Unit | $1,812,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,450 SF |
| No. Stories | 4 |
| Year Built | 1920 |
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 0770-0018 | Improvements Assessment | $358,951 |
| Land Assessment | $616,500 | Total Assessment | $596,471 |
PROPERTY TAXES
Parcel Number
0770-0018
Land Assessment
$616,500
Improvements Assessment
$358,951
Total Assessment
$596,471
zoning
| Zoning Code | R8B (Mixed Residential and Commercial Buildings) |
| R8B (Mixed Residential and Commercial Buildings) |
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