by RH Advisors

See Home Value
$2,485,000
Co-op - Off Market

48 W 22nd Street #RETAIL

Manhattan, NY 10010
bedrooms
Studio
bathrooms
2 Baths
square feet
2300 Sqft
$4,254,134
RealtyHop Estimate
63.94%
Since Jun 1, 2015
NY-New York
Primary Model

About This Property

Investment property, commercial co-op for sale in the heart of Chelsea/ "Ladies Mile" just east of 6th Avenue. Retail/Ground Floor, improved space. NOI= $124,344. Approximately 5 years remaining on current lease; tenant responsible for 3% annual rent increase. Dry uses only. Asking price $2,595,000

Shown by appointment only.
Unit Size
2,300Ft²
Days on Market
197 days
Land Size
-
Price per sqft
$1,128
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,908
Year Built
1904
Last updated: 4 months ago (RLS #PDES-1948980)

Price History

Date / Event Date Event Price
May 7, 2015 Sold $2,485,000
Sold
Oct 22, 2014 Listed by Douglas Elliman Real Estate $2,595,000
Listed by Douglas Elliman Real Estate
Nov 27, 2013 Listed $2,600,000
Listed
I'm pleased to offer this retail storefront right off Sixth Avenue in Chelsea/Flatiron. We are currently offering a 4.6% cap rate; and it's high traffic location makes this a solid commercial investment asset, with terrific future upside potential. The retail tenant is a well known residential real estate company that has five years left on their lease. The space was fully renovated about a year ago. It has a private entrance from the street, and includes a large basement storage room…

Property Highlights

Interior Details

Interior Information

Living Area: 2300
Exterior Details

Property Information

Year Built: 1902

Building Information

Building Name: 22 St Owners Inc.


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
2 Baths
1,231 ft²
$1,767/ft²
$2,175,000 Feb 28, 2022
$2,175,000 May 9, 2022
$3,195/mo
Condo
2 Beds
2.5 Baths
2,350 ft²
$1,189/ft²
$2,795,000 Jan 10, 2007
- Feb 5, 2021
$4,110/mo
Condo
1 Bed
2 Baths
1,118 ft²
$2,200/ft²
$2,460,000 Apr 27, 2022
$2,460,000 Feb 10, 2023
$3,358/mo
Condo
1 Bed
2 Baths
1,118 ft²
$2,111/ft²
$2,360,000 Mar 8, 2023
$2,360,000 Jul 14, 2023
$3,535/mo
Condo
1 Bed
2 Baths
1,118 ft²
$2,156/ft²
$2,410,000 Apr 27, 2022
$2,410,000 Feb 8, 2023
$3,341/mo
Condo
2 Beds
3 Baths
2,345 ft²
$1,322/ft²
$3,100,000 Aug 19, 2019
$3,100,000 Dec 9, 2019
$6,201/mo
Condo
1 Bed
2 Baths
1,048 ft²
$2,180/ft²
$2,285,000 Feb 13, 2024
-
$3,655/mo
Condo
2 Beds
2 Baths
2,161 ft²
$1,388/ft²
$3,000,000 Feb 2, 2024
-
$1,545/mo
Condo
2 Beds
3 Baths
2,584 ft²
$1,159/ft²
$2,995,000 May 23, 2023
-
$5,434/mo
Condo
2 Beds
2 Baths
1,920 ft²
$1,560/ft²
$2,995,000 Apr 22, 2024
-
$1,965/mo
Condo
2 Beds
2 Baths
1,750 ft²
$1,426/ft²
$2,495,000 Feb 29, 2024
-
$1,318/mo
Coop
2 Beds
2 Baths
1,750 ft²
$1,597/ft²
$2,795,000 Apr 1, 2024
-
$3,917/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20141022 Unit RETAIL
10/22/2014
Studio
2 Bath
2300 ft²
$2,595,000
bedrooms
Studio
bathrooms
2 Bath
square feet
2300 ft²
$2,485,000 -4.24%
05/07/2015
-
NEAL SROKA
Douglas Elliman Real Estate

Building Info

22 St Owners Inc. 48 West 22nd Street, New York, NY 10010
  • 6 Units
More about this Building
48 West 22nd Street
Want to find out who owns 48 West 22nd Street, New York, NY 10010? Get detailed property transactions here .

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