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Investment Highlights
- 100% Free Market
- Thoughtfully Designed
- Prime Chelsea Location
- Strong Transit Access
Executive Summary
Avison Young, as the exclusive agent, is pleased to present a compelling acquisition opportunity at 231 West 20th Street (the “Property”), a newly repositioned six-story multifamily elevator building with 25 feet of frontage on the north blockfront of West 20th Street between 7th and 8th Avenues, in the heart of Chelsea, one of Manhattan’s most sought-after residential submarkets.
The Property spans approximately ±9,660 square feet and consists of six (6) total floor-through units, each including a balcony. Of the residential units, all are free-market (FM), with layouts featuring spacious four-bedroom, three-bathroom configurations. The penthouse unit features a private roof deck, and the first floor is a duplex with a private backyard.
The Property spans approximately ±9,660 square feet and consists of six (6) total floor-through units, each including a balcony. Of the residential units, all are free-market (FM), with layouts featuring spacious four-bedroom, three-bathroom configurations. The penthouse unit features a private roof deck, and the first floor is a duplex with a private backyard.
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Property Facts
| Price | $15,000,000 | Building Class | C |
| Price Per Unit | $2,500,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Construction Status | Under Renovation |
| No. Units | 6 | Building Size | 9,660 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2026 |
| Apartment Style | Mid-Rise | ||
| Zoning | R8B - R8B Zoning is considered “high density” residential zoning. It typically has multifamily buildings that are often 6 or 7 stories. | ||
| Price | $15,000,000 |
| Price Per Unit | $2,500,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Construction Status | Under Renovation |
| Building Size | 9,660 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1910/2026 |
| Zoning | R8B - R8B Zoning is considered “high density” residential zoning. It typically has multifamily buildings that are often 6 or 7 stories. |
Amenities
Unit Amenities
- Disposal
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0770-0023 | Improvements Assessment | $411,591 |
| Land Assessment | $44,125 | Total Assessment | $455,716 |
Property Taxes
Parcel Number
0770-0023
Land Assessment
$44,125
Improvements Assessment
$411,591
Total Assessment
$455,716
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231 W 20th St
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