Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 2/20/2025 for $5,900,000

447 W 22ND Street
Closed For Sale Multi Family

$5,900,000

$1,196 per sq ft

447 W 22ND Street

Chelsea, Manhattan

MLS® #RLS10995703

RLS at REBNY

Listing by Douglas Elliman Real Estate

11

Bedrooms

6

Baths

4,935

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 11
Bathrooms 6
Living Area 4,935 sq ft
Lot Size 1,980 sq ft
Year Built 1900
Ownership None
Property Taxes $69,036/yr
Neighborhood Chelsea
Floor 1 of 5

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1900)

Property Details

Type Multi Family
Ownership None
Total Rooms 20
Baths 6 Full
Floor 1 of 5
View Other
Cooling Other
Pets Yes
Year Built 1900
Living Area 4,935 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,980 sq ft
Parcel # 0720-0024
Block/Lot 00720/0024

Description

47 West 22nd Street is a 100% free-market, six-unit multifamily townhouse property located in the heart of the West Chelsea neighborhood of Manhattan. The 5-story, 20' wide multifamily building encompasses 4,935 square feet with six (6) residential units. Of the six (6) units, there is one (1) three-bedroom, two bathroom garden duplex with a generous private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, and one (1) studio unit.

The building is fully occupied, offering strong in-place cash flow coupled with significant value- add upside through renovation strategy.

447 West 22nd Street is ideal for either an investor or an end-user seeking an irreplaceable asset in a prime Manhattan submarket, with in-place income from the units and the future ability to renovate all 6 units to benefit from the fully free-market status of the property. The property benefits from a 44' private rear yard, which is currently accessible only to a garden duplex unit. Due to the 100% free-market status, there is the future ability to convert the property into an incredible single-family townhouse

Co-Exclusive with Avison Young

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Building Information

Total Units 6
Stories 5
Structure Townhouse

Financial Details

RE Taxes $69,036/yr ($5,753/mo)
Original Price $6,500,000
Sale Price $5,900,000
Previous Price $6,500,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood seamlessly blends industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

246

Median Asking Price

$2.29M

Median $/Sqft

$1,968

Avg Days on Market

N/A

New This Week

11

Price Reduced

31%

Sold (30 Days)

33

Median Sale Price

$2.15M

Live data from RLS at REBNY • Updated 2/16/26, 8:59 PM EST

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Location

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447 W 22ND Street, Chelsea, New York County

MLS® ID: RLS10995703
First Listed: 7/23/2024
On Market: 12/26/2024
Price Changed: 2/20/2025
Closed: 2/20/2025
Contract Date: 7/23/2024

Listing Courtesy of Douglas Elliman Real Estate - Ariel Cohen

Listing Contact: (646) 235-0075

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/17/2026 at 1:59 AM UTC

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