Description
336 West 19th Street is a 21-unit Chelsea apartment building offering immediate cash flow and significant upside. The property consists of 8 market-rate apartments and 13 SRO units, with 6 SRO units currently vacant, creating a clear lease-up opportunity for a value-add investor.
Built in 1910, the four-story walk-up building. The property encompasses approximately 6, 546 square feet on a 2, 300 square foot lot and features efficient layouts consistent with classic early 20th-century Manhattan multifamily construction.
Located on one of Chelsea’s most desirable tree-lined blocks, the building is steps from The High Line, Chelsea Market, Hudson River Park, and major subway lines. The property was previously appraised at $6.6 million, highlighting its long-term investment appeal.
Investment Highlights
– Four-story pre-war multifamily rental building in Chelsea
– 21 residential units consisting of 8 market-rate apartments and 13 SRO units
– 6 vacant SRO units offering immediate lease-up and value-add potential
-Ideal for multifamily operators, private investors, and family offices
– Proximity to major Chelsea destinations including the High Line, Chelsea Market, and Hudson River Park
– Opportunity to enhance revenue through unit improvements, operational efficiencies, and ancillary income opportunities, subject to applicable laws and approvals
This is an opportunity to acquire a well-located Manhattan asset with both current income and a clear path to increasing value through active management.
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Address
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Address: 336 W 19TH Street
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City: New York City
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State/county: NY
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Zip/Postal Code: 10011
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Area: Chelsea
Details
Updated on June 2, 2026 at 3:57 pm-
Property ID RLS20091642
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Price $5,500,000
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Bedrooms 21
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Rooms 21
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Bathrooms 14
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Garage Size x x
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Year Built 1910
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Type Residential
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Property Status Active, For Sale
Additional details
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County New York
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Property Type Residential
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Architectural Style Walk-Up
Features
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