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315 W 18th St
New York, NY 10011 Chelsea

$3,500,000 USD

Apartments For Sale  •  12,000 SF

Property Details

• Property Type Apartments
• Total Building Size 12,000 SF
• Lot Size 0.05 AC
• Building Class C
• Year Built 1900
• Cap Rate 1.64 %
• Zoning R7B

100 Transit Score

100 Walk Score

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

Strong Income-Producing Asset – 15-unit SRO configuration with 4 full bathrooms, offering consistent rental demand and attractive cash-flow potential

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

Cap Rate:

1.64 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
14 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	2 min	11 min	0.6 mi
23 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	2 min	12 min	0.6 mi
Transit/Subway	Drive	Walk	Distance
18 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
8 Avenue-14 Street (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway))	2 min	5 min	0.2 mi
23 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway))	2 min	9 min	0.4 mi
14 Street (1,2,3 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Airport	Drive	Walk	Distance
LaGuardia	22 min	-	10.2 mi
Newark Liberty International	22 min	-	13.1 mi
John F Kennedy International	32 min	-	18.1 mi