439 West 21st Street

Chelsea   |   Ninth Avenue & Tenth Avenue

Building For Sale
$ 6,495,000
Ownership Multi-Family
Lot Size 18'9"x83'
Floors/Apts 4/7
Status Active
Real Estate Taxes [Per Annum] $ 73,873
Building Type Townhouse
Year Built 1910
ASF/ASM 4,175/388
Listing ID: 38172TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

For sale is a luxury multi-family townhouse that includes five studios and a triplex with two bedrooms and one and a half bathrooms. This property is located on one of the most exquisite blocks in Chelsea, surrounded by charming historic landmark houses.

Situated in a prime location between Ninth and Tenth Avenue, this property is considered a prestigious asset in highly sought-after West Chelsea. Nestled on a serene tree-lined street, it offers a tranquil setting. The townhouse enjoys close proximity to several notable Chelsea attractions, including Chelsea Piers, the High Line, and the world-renowned Chelsea Market.

Currently, the layout comprises two studios with market rates, two occupied rent-stabilized units, and one vacant rent-stabilized studio that could potentially be combined with the free market triplex. Additionally, the property boasts a 35-foot-deep private rear yard, providing a delightful outdoor space.

This property presents a compelling opportunity for both investors and end-users due to its strong rental cash flow and various value-add features:

Development potential utilizing the unused air rights to construct an additional 1.5 stories.

A garden floor triplex with high-end renovations, offering an excellent live-in plus income opportunity.

Potential for future conversion into a single-family residence. The advertised floor plan is a proposed floor plan

It comprises a total floor area of 4,175 square feet and features six units in total, including five studios and one triplex. The rear yard spans 740 square feet, providing ample outdoor space. Moreover, the property has 1,135 square feet of available air rights for potential future development. The lot dimensions measure 1983, while the building dimensions are 1944.





For sale is a luxury multi-family townhouse that includes five studios and a triplex with two bedrooms and one and a half bathrooms. This property is located on one of the most exquisite blocks in Chelsea, surrounded by charming historic landmark houses.

Situated in a prime location between Ninth and Tenth Avenue, this property is considered a prestigious asset in highly sought-after West Chelsea. Nestled on a serene tree-lined street, it offers a tranquil setting. The townhouse enjoys close proximity to several notable Chelsea attractions, including Chelsea Piers, the High Line, and the world-renowned Chelsea Market.

Currently, the layout comprises two studios with market rates, two occupied rent-stabilized units, and one vacant rent-stabilized studio that could potentially be combined with the free market triplex. Additionally, the property boasts a 35-foot-deep private rear yard, providing a delightful outdoor space.

This property presents a compelling opportunity for both investors and end-users due to its strong rental cash flow and various value-add features:

Development potential utilizing the unused air rights to construct an additional 1.5 stories.

A garden floor triplex with high-end renovations, offering an excellent live-in plus income opportunity.

Potential for future conversion into a single-family residence. The advertised floor plan is a proposed floor plan

It comprises a total floor area of 4,175 square feet and features six units in total, including five studios and one triplex. The rear yard spans 740 square feet, providing ample outdoor space. Moreover, the property has 1,135 square feet of available air rights for potential future development. The lot dimensions measure 1983, while the building dimensions are 1944.






Listing Courtesy of UBIQ

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Apartment Features

A/C [Central]

View / Exposure

North, South Exposures
439 West 21st Street Chelsea New York NY 10011

Building Details [439 West 21st Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 719/19
Building Type Townhouse
Year Built 1910
Floors/Apts 4/7
Lot Size 18'9"x83'

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.