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Residential Income Property with Terraces
New
For Sale
$7,475,000

500 W 22nd Street PHA, New York City, NY 10011

Brand-new duplex residence with three bedroom suites, designer finishes, private outdoor space, and attended lobby service.

Property Size3,005 SF
Price / SF$2,487
Days on Market4

Property Features for 500 W 22nd Street PHA

General Information

Standard status Active
Size 3,005 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR/3.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $99,094

Amenities

attended lobby
doorman
private storage

Building Details

Building Size 3,005 SF
Year Built 2021
Listing Agency: Compass
Listed By: Leonard Steinberg · License #10301222382
Source: Carlinwright
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 16 at 9:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 2021-built duplex penthouse offers 3,005 square feet of interior living space across two levels, with three bedrooms and three-and-a-half bathrooms. The residence includes a living room with gas fireplace, dining area, chef’s kitchen with Bulthaup cabinetry and Gaggenau appliances, white oak flooring, ducted central air conditioning, and oversized aluminum casement windows. Two private terraces provide outdoor space, including a 252-square-foot terrace connected to the living and dining areas and an 833-square-foot roof terrace with an outdoor fireplace and gas grill.

Located at 500 W 22nd Street in West Chelsea, the property has western and northern exposures with views toward the High Line Park. Park House Chelsea provides an attended lobby, doorman service, private storage, elevator access, and available parking. The residence is near West Chelsea galleries, Clement Clarke Moore Park, Hudson Yards, and the Meatpacking District.

Key Highlights

  • 3,005 SF duplex penthouse with three bedrooms and 3.5 bathrooms
  • Two private terraces, including a 252sf terrace and an 833sf roof terrace
  • 2021‑built residence designed by Annabelle Selldorf

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

14,032
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Brand-new duplex residence with three bedroom suites, designer finishes, private outdoor space, and attended lobby service.
Where is this residential income property located?
The property is located at 500 W 22nd Street PHA New York City, NY.
What is the asking price?
The asking price for this property is $7,475,000.
What are key features of this property?
This property features: 3,005 SF duplex penthouse with three bedrooms and 3.5 bathrooms; Two private terraces, including a 252sf terrace and an 833sf roof terrace; 2021‑built residence designed by Annabelle Selldorf
More about this property
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