5 months on rocket

447 W 22nd St, New York City, NY, 10011

$6,500,000

11 Bedrooms
6 Full Baths
4,935 SqFt
$1,317/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1900
CoolingOther
ViewOther
MLS #RPLU-5123116507
StatusActive

About 447 W 22nd St

<p>47 West 22nd Street is 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 generous private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, and one (1) studio unit.</p> <p>The building is fully occupied, offering strong in-place cash flow coupled with significant value- add upside through renovation strategy.</p> <p>447 West 22nd Street is ideal for either an investor or an end-user seeking an irreplaceable asset in a prime Manhattan submarket, with in-place income from the units and the future ability to renovate all 6 units to benefit from the fully free-market status of the property. The property benefits from a 44' private rear yard, which is currently accessible only to a garden duplex unit. Due to the 100% free-market status, there is the future ability to convert the property into an incredible single-family townhouse</p> <p>Co-Exclusive with Avison Young</p>

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,935 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Ariel Cohen
  • Agent Phone: (646) 235-0075

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: Other

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $1,317/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

447 W 22nd St vs New York

152 DAYS ON ROCKET

+67 Days

$6,500,000

+$5.6M More

$1,317/SqFt

+$649 More

KEY TAKEAWAY

This property is $5.6M more than the Median Sold Price and $649/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5123116507

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Ariel Cohen
  • Agent Phone: (646) 235-0075

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/23/2024, 2:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1130809
6
/10
  • P.S. 11 William T. Harris School

  • 320 W 21st St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-1130810
5
/10
  • P.S. 33 Chelsea Prep School

  • 281 9th Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-1130811
7
/10
  • Sixth Avenue Elementary School

  • 64 W 17th St

  • 0.68 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,917. Typical income of New York, NY residents is $200k+ annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 447 W 22nd St

What is the listing price of this property?

The listing price of 447 W 22nd St property is $6,500,000.

What type of property is this?

The property 447 W 22nd St is a townhouse located in New York City, New York, 10011.

Is this property for sale now?

Active Listing: 447 W 22nd St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 447 W 22nd St has 11 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 447 W 22nd St is 4,935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 447 W 22nd St is 1900.
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Rocket HomesNew YorkNew York10011447 W 22nd St

This home is located at 447 W 22nd St in New York City, NY and zip code 10011 in the Chelsea neighborhood. This 4,935 square foot home was built in 1900. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $6,500,000.

In November 2024 more than 220 listings in New York, NY were sold above the asking price. During the same period more than 769 listings were sold at asking price, while more than 758 were sold below. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. In November 2024 median list price was $850,115 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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