548 22nd St, Unit 554 New York, NY 10011-1293
Property profile & analytics
548 22nd St, Unit 554 New York, NY 10011-1293
- Investment properties
- 38,100 SF
- 0.23 lot acres
Property ID
US63-1677232
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Shah Garg Foundation / Art Gallery
- Empire Limousine / Limousine Service
- NY Art Book Fair / (Bike/Boat/Book/etc) Store
- NADA New York / Theater & Performing Art Venue
- SELECT NYC / Theater & Performing Art Venue
Property Details for 548 22nd St
- Year built
- 1920
- Lot size
- 0.23 lot acres
- Property size
- 38,100 SF
- Zone code
- C6-3
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 00693-0059
- APU
- 6930059
Description
This exceptional 45,000 square foot mixed-use building at 548 West 22nd Street in Manhattan presents a unique development opportunity. Built in 1920, this four-story, redbrick structure boasts dramatic floor plates exceeding 11,000 square feet each, with ceiling heights ranging from 15.5 to nearly 18 feet. The building features abundant natural light from original wrought iron windows and a convenient car-port elevator servicing all levels, including a fully finished and landscaped roof offering stunning Hudson River and Chelsea skyline views. The property includes 62,000 square feet of air rights, significantly expanding development potential. The building is equipped with 4,000 AMP power, suitable for high-capacity use, including electric vehicle charging. Its prime Chelsea location, between the High Line and Hudson River Park, offers unparalleled access to trendy dining, nightlife, art galleries, and major transportation. The C6-3, M1-5, and West Chelsea Special District zoning allows for flexible use as residential, office, gallery, retail, or a combination thereof, with West Chelsea Special District requirements overriding C6-3 or R9 residential equivalents. The asking price is $58,500,000, translating to $1,300 per square foot. This is a rare chance to acquire a landmark property in one of Manhattan's most desirable neighborhoods. The lot size is between 10,000 and 11,000 square feet.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.007
- Latitude
- 40.7478
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$975,549
$526,500
$8,683,740
$9,210,240
-
$1,170,000
$20,696,000
$21,866,000
