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FOR SALE
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$7,250,000

241 West 20th Street, New York, NY 10011

4,450 SF

Square Feet

$1,629

PPSF

Property Description

Avison Young has been engaged by ownership as exclusive agents to sell 241 West 20th Street (the “Property”), a mixed-use building located in the heart of Chelsea between 7th and 8th Avenues on the north side of West 20th Street. The four-story building spans a total of 4,450 square feet across three (3) residential apartments and one (1) ground floor retail space along with 23 feet of frontage. The building is fully occupied, offering strong inplace cash flows.

Property Details

Asset Type

MultiFamily

Neighborhood

Chelsea

Submarket

New York

ZIP

10011

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$412,424

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$34,369

Annual Debt Service

$412,424

View on Map

Address

241 West 20th Street

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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

David Shalom

David Shalom

Director

38 closed

Call
Edward "Ed" Nelson

Edward "Ed" Nelson

Associate

13 closed

Call

Send a Message

David Shalom

David Shalom

Director

38 closed

Call
Edward "Ed" Nelson

Edward "Ed" Nelson

Associate

13 closed

Call