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Investment Highlights

  • Prime Chelsea Location – Positioned in the heart of Chelsea, steps from Hudson River Park, major transit lines, and a vibrant mix of dining, retail, a
  • Value-Add & Long-Term Upside – Approximately 4,400 SF of building area on a 2,024 SF lot, presenting investors with long-term appreciation and operati
  • Strong Income-Producing Asset – 15-unit SRO configuration with 4 full bathrooms, offering consistent rental demand and attractive cash-flow potential

Property Facts

Price $5,491,200 CAD
Price Per Unit $366,080 CAD
Sale Type Investment
Cap Rate 1.44%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 12,000 SF
No. Stories 4
Year Built 1900
Zoning R7B - A medium-density, contextual residential zoning district in NYC (Manhattan, Bronx, Brooklyn, Queens) designed for 5-6 story apartment buildings.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 15 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
0742-0027
Land Assessment
$156,911 CAD
Improvements Assessment
$398,455 CAD
Total Assessment
$555,366 CAD
  • Listing ID: 39292297

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 315 W 18th St, New York, NY 10011

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