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206 W 21st St & 228 W 18th St
Featured Listings
206 W 21st St & 228 W 18th St
Prime Chelsea Portfolio Multifamily Package
$34,000,000
Sales price
$1,303/SF
Price per Ft
6.0%
Cap Rate
65%
Free-Market
- Prime Chelsea mixed-use package comprising 26,084 Total SF across two distinct buildings
- Portfolio consists of 71 Units (69 Residential, 2 Commercial) with effcient layouts
- 65% Free-Market Residential Units offering immediate rental growth potential
- 53/69 units have been Gut Renovated with high-end fnishes, superior to standard local stock
- Significant Unused Development Rights available for future value-add strategies
- Located in the heart of Chelsea near Google's headquarters, the High Line, and major transit hubs
