112 West 15th Street
- Low Taxes with Tax Class Protection
- Multiple Investment Strategies
- Significant Value-Add Potential
- Prime Chelsea Location
- Available Air Rights
Property Description
Avison Young, as exclusive agent, is pleased to present 112 West 15th Street (the “Property”), a 20’ wide five-story multifamily building positioned on the south side of West 15th Street between Sixth and Seventh Avenues in the heart of Chelsea and at the nexus of the heart of the West Village, Greenwich Village, Flatiron, and Union Square. The Property offers both investors and users a compelling value-add opportunity to acquire a 100% free market and tax-class 2B protected multifamily asset in a highly desirable location, with clear strategies for rental growth through renovation and mark-to-market, as a live-plus-invest strategy or as a potential single-family residential conversion.
Broker Details
Avison Young - US - NY - New York 908 392 0109
Broker Details
Avison Young - US - NY - New York 212 230 5998
Broker Details
Avison Young - US - NY - New York (212) 230-5948
Broker Details
Avison Young - US - NY - New York 646 554 5239
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $8,350,000 |
| Lot Size: | 5,810.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
500 Della Drive
North Versailles , Pennsylvania
400 11th St
New Kensington, Pennsylvania
2209 Philadelphia Avenue
Northern Cambria, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout