336 W 19th St, New York, NY, 10011

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Exceptional investment opportunity at 336 West 19th Street, a 21-unit income-producing property located on a prime tree-lined block in the heart of Chelsea Manhattan. This rare mixed rent-roll asset offers immediate cash flow with significant value-add potential through rent optimization, vacancy lease-up, and ancillary income opportunities. Located at 336 West 19th Street, this pre-war multifamily rental building presents a compelling opportunity to acquire a well-located asset in the heart of Chelsea. Built in 1910, the property is configured as a four-story walk-up comprising 21 residential units, 8 units market rate and the rest SR0 unit with 6 vacant and 7 occupied. The building is approximately 6,546 square feet, situated on a 2,300 square foot lot. The building reflects efficient unit layouts typical of early 20th-century construction, supporting consistent occupancy in a strong Manhattan rental market. Positioned between Eighth and Ninth Avenues on a quiet, tree-lined block, the property benefits from immediate access to a wide range of neighborhood amenities. Chelsea continues to be one of Manhattan’s most desirable residential submarkets, offering proximity to destinations such as the High Line, Chelsea Market, and Hudson River Park. The location is further supported by convenient access to multiple subway lines (A, C, E, and L), providing connectivity to Midtown, Downtown, and beyond. Investment Highlights - Four-story pre-war rental building located in the heart of Chelsea - 21 residential units comprised of 9 market-rate units and 12 SRO units, offering diversified income streams - Value-add opportunity with 6 units delivered vacant, allowing immediate repositioning and rent optimization - Approx. 6,546 SF building situated on a 2,300 SF lot, providing efficient scale for boutique investment - Prime location between Eighth and Ninth Avenues on a quiet, tree-lined residential block - Transit-oriented positioning with convenient access to the A, C, E, and L subway lines - Steps from major landmark destinations including: - The High Line - Chelsea Market - Hudson River Park - Located within a high-demand rental submarket with strong historical occupancy and tenant retention. - Significant operational upside through unit upgrades, reconfiguration, and improved management rent stabilization via the lease-up of currently unoccupied units. Enhancement of ancillary revenue streams, including laundry facilities. 336 West 19th Street presents a straightforward multifamily asset with in-place income and the potential for incremental upside through unit upgrades and operational improvements. Its scale, location, and unit count make it suitable for investors seeking exposure to a well-established rental corridor in Manhattan.