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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.

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