Property
Ownership: | income-property |
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Type: | Residential Income |
Area: | 6649 sq ft |
Lot Size: | 2581 sq ft |
FinancialsPrice: $7,800,000 Annual Taxes: $102,068
Price: | $7,800,000 |
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Annual Taxes: | $102,068 |
Westside Licensed Associate Broker
DescriptionThe subject property is a four-story building consisting of a total of fourteen (14) units and a three-story carriage house located in the heart of Chelsea. The front building is entirely free market and has eight (8) residential units, consisting of two (2) studios, five (5) one bedrooms, and one (1) two-bedroom. The carriage house consists of six (6) studio units, of which one (1) is vacant. All leases in the front building expire in less than a year, providing an opportunity for a single-family conversion. There are also additional air rights attributed to the site to maximize the potential. The location and potential for the property provide a developer, user or investor with an ideal purchase.
A good portion can be delivered vacant, making it ideal for investors and end users alike.
Financials and rent roll available upon request.
Amenities- A/C units
- Courtyard
- Exposed Brick
- Garage
- Hardwood Floors
- Investment Property
- Laundry Room
- Roof Deck
Exposures- North
- South
Neighborhood
The subject property is a four-story building consisting of a total of fourteen (14) units and a three-story carriage house located in the heart of Chelsea. The front building is entirely free market and has eight (8) residential units, consisting of two (2) studios, five (5) one bedrooms, and one (1) two-bedroom. The carriage house consists of six (6) studio units, of which one (1) is vacant. All leases in the front building expire in less than a year, providing an opportunity for a single-family conversion. There are also additional air rights attributed to the site to maximize the potential. The location and potential for the property provide a developer, user or investor with an ideal purchase.
A good portion can be delivered vacant, making it ideal for investors and end users alike.
Financials and rent roll available upon request.
- A/C units
- Courtyard
- Exposed Brick
- Garage
- Hardwood Floors
- Investment Property
- Laundry Room
- Roof Deck
Exposures- North
- South
Neighborhood
- North
- South
14 UNIT BUILDING FOR SALE IN HEART OF CHELSEA!
DescriptionThe subject property is a four-story building consisting of a total of fourteen (14) units and a three-story carriage house located in the heart of Chelsea. The front building is entirely free market and has eight (8) residential units, consisting of two (2) studios, five (5) one bedrooms, and one (1) two-bedroom. The carriage house consists of six (6) studio units, of which one (1) is vacant. All leases in the front building expire in less than a year, providing an opportunity for a single-family conversion. There are also additional air rights attributed to the site to maximize the potential. The location and potential for the property provide a developer, user or investor with an ideal purchase.
A good portion can be delivered vacant, making it ideal for investors and end users alike.
Financials and rent roll available upon request.
Amenities- A/C units
- Courtyard
- Exposed Brick
- Garage
- Hardwood Floors
- Investment Property
- Laundry Room
- Roof Deck
Exposures
- North
- South
Neighborhood
The subject property is a four-story building consisting of a total of fourteen (14) units and a three-story carriage house located in the heart of Chelsea. The front building is entirely free market and has eight (8) residential units, consisting of two (2) studios, five (5) one bedrooms, and one (1) two-bedroom. The carriage house consists of six (6) studio units, of which one (1) is vacant. All leases in the front building expire in less than a year, providing an opportunity for a single-family conversion. There are also additional air rights attributed to the site to maximize the potential. The location and potential for the property provide a developer, user or investor with an ideal purchase.
A good portion can be delivered vacant, making it ideal for investors and end users alike.
Financials and rent roll available upon request.
- A/C units
- Courtyard
- Exposed Brick
- Garage
- Hardwood Floors
- Investment Property
- Laundry Room
- Roof Deck
Exposures
- North
- South
Neighborhood
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.