May 23, 2018
Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, is pleased to present exclusively for sale 349 West 22nd Street, a four-story townhouse in the Chelsea neighborhood of Manhattan. Senior Executive Managing Director, David Schechtman, Managing Directors, Lipa Lieberman and Abie Kassin, and Senior Associate, Michael Feldman, are representing the seller in this transaction.
Located between Eighth and Ninth Avenues in the heart of Chelsea, 349 West 22nd Street is a four-story townhouse building currently configured as three apartments. The property recently underwent an immaculate multi-million-dollar renovation to feature high-end finishes and amenities and is ideally configured for a luxurious ground floor duplex, optimal for a user with the ability to generate rental income from the two apartments above. Delivered vacant, the property can also serve as an excellent townhouse conversion on a quaint, tree-lined block in Prime Chelsea.
Situated on one of the most picturesque blocks in all of New York City, residents of the property enjoy immediate access to the renowned High Line, which attracts five million visitors annually; world-class dining options, including Momofuku, Foragers Table, and Blossom all within a one-block radius of the property; and numerous transportation options, including the C, E, 1, F, and M trains and the PATH Station at West 23rd Street and Sixth Avenue.
Founded in 1991, Meridian Capital Group is America’s most active deal maker and one of the nation’s leading commercial real estate finance and investment sales firms. In 2017, Meridian closed over 3,000 debt transactions across more than 200 unique lenders and sold nearly $1 billion in commercial property. Since inception, the company has closed more than $300 billion in financing with the full complement of capital providers, encompassing local, regional and national banks, CMBS lenders, agency lenders, mortgage REITs, life insurance companies, credit unions and private equity funds. Meridian represents many of the world’s leading real estate investors and developers and the company’s expansive platform has specialized practices for a broad array of property types including office, retail, multifamily, hotel, mixed-use, industrial, healthcare, student housing and self-storage properties. Meridian is headquartered in New York City with offices in New Jersey, Maryland, Illinois, Ohio, Florida and California. www.meridiancapital.com