The Chelsea Five
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The Chelsea Five
5 Residential Properties Offered at £11,736,750 in New York, NY
Investment Highlights
- 5 Buildings
- 26,000 Above Grade SF
- 46 Total Units
- 20,500 SF of Air Rights
Executive Summary
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.
Property Facts
| Price | £11,736,750 | Number of Properties | 5 |
| Price / SF | £455.32 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 25,777 SF |
| Status | Active | Total Land Area | 0.24 AC |
| Price | £11,736,750 |
| Price / SF | £455.32 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 25,777 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 174 7th Ave, New York, NY 10011 | Residential | 4,283 SF | 1901 | - |
| 170 7th Ave, New York, NY 10011 | Residential | 5,275 SF | 1890 | - |
| 205 W 20th St, New York, NY 10011 | Residential | 7,730 SF | 1901 | - |
| 203 W 20th St, New York, NY 10011 | Residential | 2,075 SF | 1890 | - |
| 172 7th Ave, New York, NY 10011 | Residential | 6,414 SF | 1890 | - |
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Contacts
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Andrew Berry -
Charles Gravina -
Michael Gembecki -
Robert Burton -
Bobby Carrozzo -
Evan Lush -
Cushman & Wakefield
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VIDEOS
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Presented by
The Chelsea Five
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