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261 West 22nd Street 23New York, NY 10011

For Sale

$429,000

Investment Opportunity in Prime Chelsea
Split 2BR with Rent-Stabilized Tenant In Place
CASH BUYER NEEDED.

Customize this one and make it your own!
Exceptional value awaits with this OCCUPIED estate-condition two-bedroom in one of Chelsea’s most desirable prewar cooperatives. Featuring a classic split-bedroom layout and solid prewar bones, this apartment offers a rare opportunity for a savvy buyer. The unit is being sold with a rent-stabilized tenant in place—please inquire for additional details.

Similar apartments in the building, fully renovated, have recently sold between $780,000 and $950,000, highlighting the upside potential here for future value creation.

Built in 1917, this impeccably maintained walk-up co-op on tree-lined West 22nd Street boasts strong financials and timeless charm. The building permits pieds-à-terre, gifting, and co-purchasing, with subletting allowed upon board approval. It’s also pet-friendly. Washer and dryers in the apartment are permitted and some owners have added split units to their apartments as well.

Just one flight up from the apartment, residents enjoy access to a beautifully landscaped common roof deck with panoramic skyline views, an outdoor kitchen with BBQ, and stylish lounge seating—a true urban retreat.

Ideally located in the heart of Chelsea near the High Line, Hudson Yards, Chelsea Market, and the Meatpacking District. World-class dining, shopping, galleries, Trader Joe’s, and Whole Foods are just moments away.

Listed by Janine A Young

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Compass

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(504) 710-6413

Listed by Aline Scott

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Compass

Last updated July 26, 2026

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Source: REBNY #RLS20055714

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodChelsea
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu284
  • HOA/Maint. Fees$1,682/month

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

07/26/2026
Price Decreased
$429,000
07/22/2026
Status changed to Active
$479,000
07/21/2026
Status changed to Removed from Feed
$479,000
10/21/2025
Listed by Compass
$479,000

Estimated Closing Costs

Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Total
$9,500

Estimated closing costs are based on the list price of $429,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 261 West 22nd Street 23

Association

Amenities

  • Pets Allowed: Building Yes

Fees

  • Association Fee: $1,682.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: 2%. Payable By Seller.

Exterior

Construction

  • Number Of Units Total: 36
  • Stories Total: 6
  • Year Built: 1917
  • Entry Level: 1

Measurements

  • Lot Size Area: 5,554
  • Lot Size Dimensions: 56
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0772-0012-00261-000-0000023

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Chelsea
  • Tax Block: 00772
  • Tax Lot: 0012

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 2 bedrooms and 1 bathroom in this co-op at 261 West 22nd Street 23.

Are pets allowed at 261 West 22nd Street?

Yes, 261 West 22nd Street allows pets. Check the Property Details for any relevant restrictions.

How does 261 West 22nd Street 23 compare to other co-ops in Chelsea?

This co-op is listed 72% below the average price for co-ops in Chelsea and has been on the market for 152 more days than the typical home in this area.

261 West 22nd Street 23 is a 2-bedroom, 1-bath co-op for sale in New York NY 10011. Available on Prevu for 284 days at $429,000. This includes a recent price decrease of $50,000. This residence is located in Chelsea. The median listing price for co-ops in this area is $1,850,000. The home offers pets allowed. View other co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.