548 22nd St, Unit 554 New York, NY 10011-1293

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.