447 West 22nd Street

Avison Young has been engaged by the ownership as exclusive agents to sell 447 West 22nd Street (the “Property”), 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 large, garden-use private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, one of which has an outdoor deck, and one (1) studio unit. The building is fully occupied, offering strong in-place cash flow coupled with significant value-add upside through a renovation strategy.