- For Sale $11,500,000
- Property Type Other
- Property Size 12,820 SF
- Date Updated May 12, 2026
Description
Avison Young, as exclusive agent, is pleased to present 317-319 West 22nd Street (the “Properties”), two adjacent five-story multifamily buildings positioned on the north side of West 22nd Street between Eighth and Ninth Avenues in the heart of West Chelsea. The Property offers investors a compelling value-add opportunity to acquire a multifamily asset in a highly desirable location, with clear strategies for rental growth through renovation and mark-to-market.
Highlights
- 44 Feet of Frontage
- Over 30% Upside in the Rent Roll through the renovation of free market units and marking rent stabilized units to legal rents upon vacancy
- Significant Value Add Potential
- The Opportunity features 44 feet of frontage situated on West 22nd Street between Eighth and Ninth Avenues, surrounded by premier dining and cultural institutions
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Contacts
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young - US - NY - New York