222 West 16th Street is a four-story, 14-unit multi-family building located in the heart of Chelsea—one of Manhattan’s most vibrant and in-demand neighborhoods. This rare offering presents the opportunity to acquire a stable, income-generating asset with meaningful upside in one of New York City’s most resilient rental submarkets.
The property spans approximately 6,650 square feet on a 2,581 square foot lot and features a well-balanced unit mix of studios, one-bedrooms, and a two-bedroom apartment. With strong in-place income and the ability to add value over time, the building is well positioned for both immediate cash flow and long-term appreciation.
Situated just steps from the High Line, Chelsea Market, and Hudson River Park, residents enjoy easy access to some of Manhattan’s best dining, shopping, and cultural destinations. The building also offers excellent connectivity with nearby subway lines including the A/C/E/L at 14th Street–8th Ave, 1/2/3 at 14th Street–7th Ave, and F/M/L at 6th Ave, in addition to CitiBike stations and multiple bus lines.
This is a rare chance to own a high-performing, primarily free-market asset in a prime location with strong rental demand, long-term stability, and compelling growth potential.
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