203 W22 Street - Arana
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Turn-Key<br />
Townhouse<br />
Indulge in the epitome of urban living with this impeccably<br />
renovated townhouse nestled in the heart of Chelsea.<br />
Offering a coveted address on West 22nd <strong>Street</strong>, this<br />
four-story multifamily gem presents a rare opportunity for<br />
investors and homeowners alike, boasting a prime location,<br />
strong cash flow, and endless potential.<br />
Prime Location: Positioned moments away from the<br />
vibrant Chelsea Gallery District and Hudson Yards, this<br />
townhouse provides easy access to Manhattan’s finest<br />
cultural, dining, and transportation amenities. Experience<br />
the convenience of central living at its best.<br />
Versatile Investment Opportunity: The Townhouse is<br />
approximately 3,300 square feet, comprising both the<br />
above and lower garden part of the Duplex. With all<br />
tenants at market rate, this property guarantees a stable<br />
revenue flow and significant growth prospects. Whether<br />
you’re pursuing a lasting investment, a condo conversion<br />
venture, or a lavish single-family residence, this townhouse<br />
accommodates a range of aspirations.<br />
Future Potential: With approximately 2,400sf of unused<br />
FAR, there’s an opportunity to build up and explore<br />
the creation of a duplexed top-floor penthouse with<br />
outdoor space. This addition not only adds value but also<br />
enhances the potential for condo conversion or singlefamily<br />
home conversion.<br />
Modern Luxury: The townhouse seamlessly merges<br />
pre-war charm with contemporary design. Each unit<br />
boasts luminous interiors, premium finishes, open kitchens<br />
equipped with stainless steel Whirlpool appliances,<br />
designer lacquered cabinets, Caesar stone countertops and<br />
eat-in breakfast bars. Beautiful Wide plank wood floors,<br />
washer/dryers, and a virtual doorman service, promising<br />
comfort and convenience.<br />
Flexible Layout: Presently configured with a duplexed,<br />
dual-entry residence on the first and garden unit with a<br />
large private backyard garden, along with three additional<br />
floor-thorough one-bedroom units on the upper floors, this<br />
property offers versatile living arrangements.<br />
Income Generating Opportunity: A robust market rate<br />
rent roll underscores the property’s investment potential,<br />
with rents comparable to full-service buildings. Energyindependent<br />
units and a dedicated building Super ensure<br />
hassle-free management, making this an attractive<br />
investment proposition. Tenants pay for their own a/c, heat,<br />
hot water & electricity maximizing your profits.<br />
Don’t Miss Out: Seize the opportunity to own a<br />
distinctive investment property in prime Chelsea,<br />
blending modern luxury, strong cash flow, and promising<br />
future prospects. Don’t let this exceptional townhouse<br />
slip through your fingers.