47 West 22nd Street is a 100% free-market, six-unit multifamily townhouse property located in the heart of the West Chelsea neighborhood of Manhattan. The 5-story, 20' wide multifamily building encompasses4, 935square feet with six (6) residential units. Of the six (6) units, there is one (1) three-bedroom, two bathroom garden duplex with a generous private backyard, two (2) three-bedroom units with private outdoor spaces, two (2) one-bedroom units, and one (1) studio unit. The building is fully occupied, offering strong in-place cash flow coupled with significant value- add upside through renovation strategy. 447 West 22nd Street is ideal for either an investor or an end-user seeking an irreplaceable asset in a prime Manhattan submarket, with in-place income from the units…
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The average household income in
New York, NY
grew
from
$60,879
to
$63,799
in the past year. This data is an estimate based upon
3,2M
households in
New York, NY. The chart below presents how household income is distributed in
New York, NY
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New York, NY
compared to median property taxes around the country. The prevalent amount of property taxes in
New York, NY
equals
$3k+
, which is
more
than the national average.