The Reel

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A blog for breaking sales and neighborhood real estate news.

A renovated apartment building at 306 West 22nd Street, located between Eighth and Ninth Avenues in Manhattan’s Chelsea neighborhood, was sold in an all cash transaction valued at $3,450,000.

The four-story building, which was formally conjoined with the Hotel Allerton, has been fully renovated. There are twelve rented apartments with seven studios and five one-bedrooms. Two of the units feature outdoor space. The building is approximately 4,474 square feet and sits on a 20’ x 98.75’ lot. The sale price equates to $771 per square foot.

Click here for press release

Neighborhoods: Chelsea