213 7th Ave, New York, NY 10011

213 7th Avenue is a newly renovated six-story mixed-use building straddling between 22nd and 23rd Streets. Located in the heart of the Chelsea district of Manhattan, its ve free-market residential units include two studios, a one-bedroom, and two duplexes. Units feature open views onto Seventh Avenue and the rear units feature outdoor space overlooking 22nd Street, while all have access to the art-cultured and ethnic dimension of the neighborhood.The propertys ground level pet shop and second oor live/work loft cater to an increasingly diverse population, and high foot and car trafc. A combination of a newbuilding facade, new kitchens, hardwood oors, a newly installed sprinkler system, and utility upgrades accentuate the investment made into the property. The property was renovated and its air rights used to maximize its potential and return of investment. The rental units produce ideal market rents and the ground retailspace has generated rents of maximal value.