Meridian Investment Sales is Exclusively Retained to Sell a Pristine 27-Unit Multifamily Property Located in Chelsea

Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has been exclusively retained to sell a multifamily property located in the Chelsea area of New York City. Meridian Senior Executive Managing Director, David Schechtman, Managing Director, Lipa Lieberman, and Director, Abie Kassin, are marketing the property.

The Clarke, located at 222-224 West 21st Street is composed of two contiguous multifamily walk-up buildings, consisting of 27 apartments and totaling 20,120 square feet. Located in the heart of Chelsea, between Seventh and Eighth Avenues, the property is in close proximity to public transportation, which includes the 1, C, E, F, and M subway lines, as well as the Path Train. The property was completely renovated and each unit is of exceptional quality with high-end fixtures and finishes used across all facets of the building.

Chelsea remains a popular neighborhood known for its residential character and rich cultural history. Tenants enjoy access to parks, a wide variety of restaurants, and distinguished museums including The Whitney.

“Everyone boasts about pristine, turnkey condition multifamily assets but very few support those lofty adjectives,” Mr. Schechtman explained. “Properties like The Clarke are rarely available and offer investors stable in-place net operating income in an area that continues to perform with no signs of slowing down.”

Additional information is available from exclusive agent, David Schechtman at (212) 468-5907 or dschechtman@meridiancapital.com.

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