315 W 18th Street, New York (Manhattan), NY 10011
New York (Manhattan) County
Key Facts
Description
Prime Chelsea investment opportunity! This 15-unit SRO offers 4 full bathrooms and is situated on a generous 2,024 sq ft lot with approximately 4,400 sq ft of building space. Perfect for investors seeking steady rental income or long-term value growth in one of Manhattan’s most vibrant neighborhoods. Centrally located with easy access to the Hudson River, public transit, shops, and restaurants, this property combines strong income potential with excellent location. Don’t miss the chance to own a well-positioned multi-unit SRO in the heart of Chelsea, New York, NY 10011.
Property Information
Property Type
Commercial Sale
Year Built
1900
Living Area
4,400 sq ft
Lot Size
2,024 sq ft
Days on Market
65
MLS® Listing#
955656
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$50,569
Parcel Number
0742-0027
Affordability Calculator
$700,000
Estimated monthly payment
$18,628/mo
Principal $2,800,000 · Est. interest $3,906,249 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New York, NY
- $712,879
- Median Listing Price
- 62
- Median Days on Market
- 1,400
- Median Sq Ft
- $477
- Median Price / Sq Ft
- 815
- Active Listings
- This home’s price is 391% above the area median.
- Its price per sq ft is 67% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New York, NY.
Location
Points of Interest in New York (Manhattan), NY
Showing the New York (Manhattan) area map.
Nearby Schools
Landmark High School
Secondary · 0.1 mi away
Manhattan Business Academy
School · 0.1 mi away
Bayard Rustin Educational Complex
Secondary · 0.1 mi away
Humanities Preparatory Academy
School · 0.1 mi away
Quest To Learn
Secondary · 0.1 mi away
NYC Lab School for Collaborative Studies
Secondary · 0.1 mi away
Manhattan Korean School
Secondary · 0.1 mi away
Liberty High School Academy
Secondary · 0.1 mi away
PS 11 Sarah J. Garnet School
Elementary · 0.1 mi away
Buckle My Shoe
Elementary · 0.2 mi away
Village Kids Nursery School
Elementary · 0.2 mi away
The General Theological Seminary
School · 0.3 mi away
Notre Dame School
Secondary · 0.3 mi away
High School of Fashion Industries
Secondary · 0.3 mi away
Keswell School
School · 0.3 mi away
City and Country School
Secondary · 0.4 mi away
West Village Nursery School
Elementary · 0.4 mi away
P.S. 340
Elementary · 0.4 mi away
PS 33 Chelsea Prep
Elementary · 0.4 mi away
Marie Pense Center
School · 0.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 740 Davenport Avenue 1, New Rochelle, NY | $2,450,000 | 3 | 3 | 2,480 |
| 591 3rd Avenue 17A, New York (Manhattan), NY | $2,490,000 | 3 | 2 | 1,457 |
| 10 Jumel Terrace, New York (Manhattan), NY | $2,495,000 | 5 | 4 | 3,728 |
| 95 Bill Larkin Drive, New Windsor, NY | $2,499,000 | — | — | 10,910 |
| 2117 5 Avenue, New York (Manhattan), NY | $2,500,000 | — | — | 3,735 |
| 685 1st Avenue 31F, New York (Manhattan), NY | $2,530,000 | 2 | 3 | 1,668 |
Moving Cost Estimate
EXIT Agents in New York (Manhattan)
Listing Courtesy: EXP Realty - 8882760630
Fair Housing Notice