Overview

  • Asking Price $8,350,000
  • Total Square Footage 5,810 SF
  • Neighborhood Chelsea
  • Total Units 6

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.

Highlights

Low Taxes with Tax Class Protection

Multiple Investment Strategies

Significant Value-Add Potential
Prime Chelsea Location

Available Air Rights

Team

Ryan McGuirl

Ryan McGuirl

Director
Avison Young - US - NY - New York
Brandon Polakoff

Brandon Polakoff

Principal, Head of NYC Investment Sales
Avison Young - US - NY - New York
David Shalom

David Shalom

Director
Avison Young - US - NY - New York
Mitchell Levine

Mitchell Levine

Director
Avison Young - US - NY - New York