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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.

Data Room Click Here to Access

Property Facts

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 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
0770-0023
Land Assessment
$44,125
Improvements Assessment
$411,591
Total Assessment
$455,716
  • Listing ID: 41474769

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 231 W 20th St, New York, NY 10011

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