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206 W 21st St
New York, NY 10011
Multifamily Property For Sale · 47 Units

Investment Highlights

  • Prime Chelsea Multifamily 47 Apartments

Executive Summary

Building Structure: The property is a 4-story building containing a total of 47 apartments
Renovation Status: A significant portion of the building has been updated, with 35 out of the 47 units having undergone gut renovations featuring high-end finishes

Property Facts

Price Per Unit $451,098 CAD
Sale Type Investment
Cap Rate 6.40%
No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.12 AC
Building Size 13,804 SF
No. Stories 4
Year Built/Renovated 1920/1987
Zoning R8B - R8B Zoning is considered “high density” residential zoning. It typically has multifamily buildings that are often 6 or 7 stories.

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 47 - 215

Property Taxes

Property Taxes

Parcel Number
0770-0045
Land Assessment
$543,795 CAD
Improvements Assessment
$2,989,937 CAD
Total Assessment
$3,533,732 CAD
  • Listing ID: 40243784

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 206 W 21st St, New York, NY 10011

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