174 7Th Ave, New York, NY 10011

5 Multifamily Properties in New York, NY

Property Type
Multifamily

Listing Contacts

Property Overview

This portfolio is made up of five buildings across four tax lots with combined 25,777 gross square feet. The portfolio has a total of 46 units, 40 residential, 6 commercial, and 1 antenna. It has been in the same family ownership for over 120 years. In a preeminent Chelsea corner location, the investment has 162' of wraparound frontage in the heart of the esteemed residential neighborhood. The portfolio has excellent covered land opportunity with 46,334 of buildable square footage. This is a diverse income stream with excellent long-term upside. It is conveniently located near a wide array of public transportation options that provide access to the entire City.

Highlights

  • 5 Buildings
  • 46 Total Units
  • 26,000 Above Grade SF
  • 20,500 SF of Air Rights

FAQ

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