by RH Advisors

See Home Value
$9,950,000
Multifamily - Off Market

318 W 22ND Street #HOUSE

Manhattan, NY 10011
bedrooms
22 Beds
bathrooms
15 Baths, 1 Half Bath
square feet
7315 Sqft
$10,572,908
RealtyHop Estimate
6.26%
Since Jun 1, 2022
NY-New York
Primary Model

About This Property

Situated mid-block on a beautiful tree-lined street in the heart of historic Chelsea sits 318 West 22nd Street, a stately 25'-wide, five-story red brick and brownstone clad property of approximately 7,300 square feet.

Since 1985, this property has operated as the well-known Colonial House Inn, a unique part of Chelsea's gay history with a commemorative plaque on the building's facade. The late Mel Cheren, a well-known music entrepreneur at that time, purchased the brownstone and offered it as the first home of the Gay Men's Health Crisis. Once the organization outgrew the space, Cheren transitioned the property to an intimate bed and breakfast with a clothing-optional sundeck on the roof that offered reasonably priced guest rooms and suites to domestic and international travelers. Today it continues to operate as a highly-rated inn configured with twenty-two (22) single rooms including two (2) spacious private suites, one with access to the large, two-tiered landscaped garden; eleven (11) private and three and a half (3.5) public bathrooms. Additionally, at the parlor level entry, there is a small lounge with an office, and breakfast is served there daily.

The stately facade has two entrances. A high stoop entry that leads to the grand parlor floor with approximately 12' ceilings, and the English basement entry beyond the large forecourt. The building has been well maintained throughout its history and features historic details throughout with preserved period moldings, fireplace mantles, and banister railings. Additionally, there is an existing roof garden with bulkhead and open skyline views namely to the East and North of the iconic New York skyline.

With a Certificate of Non-Harassment in place, this historic property provides the unique opportunity for an end-user or investor to use as an existing hotel with a luxurious owner's apartment, convert to a multi-family income-producing property, or convert into a stately single-family mansion.

Set between Eighth and Ninth Avenues, in the heart of Chelsea, and on a street replete with other private homes, 318 West 22nd Street is surrounded by the best New York City has to offer. Only steps away are the trendy High Line Park, New York's chic art gallery district, Hudson Yards, the Chelsea Market, The Avenues School, Chelsea Piers, the Hudson River Park, and a wide variety of upscale restaurants and shops. This charming townhome is truly a piece of New York City's real estate history.
Unit Size
7,315Ft²
Days on Market
149 days
Land Size
-
Price per sqft
$1,360
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1848
Last updated: 8 months ago (RLS #PRCH-3709767)

Price History

Date / Event Date Event Price
May 13, 2022 Sold $9,950,000
Sold
Apr 12, 2022 In contract -
In contract
Dec 15, 2021 Listed by Leslie J Garfield & Co Inc $9,950,000
Listed by Leslie J Garfield & Co Inc

Property Highlights

With View
Interior Details

Bedroom Information

Bedrooms: 22

Bathroom Information

Full Bathrooms: 14
Half Bathrooms: 1

Room Information

Rooms: 22
Exterior Details

Property Information

Year Built: 1848

Lot Information

Lot Size Dimensions: 25.0 x 98.75


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
7 Baths
6,000 ft²
$1,583/ft²
$9,500,000 Oct 28, 2014
$9,500,000 May 21, 2015
-
Condo
5 Beds
4 Baths
5,040 ft²
$1,983/ft²
$9,995,000 Jun 18, 2013
- Feb 5, 2021
$10,641/mo
House
4 Beds
4 Baths
5,000 ft²
$2,120/ft²
$10,600,000 Jun 10, 2021
$10,600,000 Nov 12, 2021
-
Townhouse
7 Beds
4 Baths
5,000 ft²
$1,660/ft²
$8,300,000 Aug 25, 2016
$8,300,000 Feb 3, 2017
-
Townhouse
6 Beds
6 Baths
4,800 ft²
$1,749/ft²
$8,395,000 Oct 7, 2019
$8,395,000 Nov 20, 2020
-
Condo
4 Beds
4 Baths
4,042 ft²
$2,128/ft²
$8,600,000 Mar 18, 2013
$8,600,000 Apr 2, 2014
$7,469/mo
Co-op
4 Beds
3 Baths
4,800 ft²
$2,082/ft²
$9,995,000 Jan 9, 2024
-
$9,353/mo
Townhouse
5 Beds
3 Baths
4,404 ft²
$2,270/ft²
$9,995,000 Jan 30, 2024
-
$2,696/mo
Co-op
4 Beds
4 Baths
3,452 ft²
$3,187/ft²
$11,000,000 Apr 13, 2023
-
$17,210/mo
Condo
3 Beds
3 Baths
3,756 ft²
$2,130/ft²
$8,000,000 Aug 1, 2022
-
$6,469/mo
Townhouse
4 Beds
6 Baths
3,365 ft²
$2,526/ft²
$8,500,000 Mar 13, 2024
-
$4,141/mo
Condo
3 Beds
4 Baths
3,005 ft²
$3,078/ft²
$9,250,000 Jan 30, 2024
-
$13,663/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211215 Unit HOUSE
12/15/2021
22 Bed
15 Bath
7315 ft²
$9,950,000
bedrooms
22 Bed
bathrooms
15 Bath
square feet
7315 ft²
$9,950,000
05/13/2022
-
Matthew Lesser
Garfield, Leslie J. & Co., Inc.

Building Info

318 West 22nd Street 318 West 22nd Street, New York, NY 10011
  • 1 Units
More about this Building
318 West 22nd Street
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About Midtown Manhattan


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