228 W 17th Street, Unit 2B – Chelsea, Manhattan

Own a piece of Chelsea in this bright and beautifully maintained one-bedroom co-op, located in a well-kept HDFC building on one of the neighborhood’s most desirable blocks. Perfectly situated between 7th and 8th Avenue, this home offers both affordability and convenience in one of Manhattan’s most vibrant neighborhoods.

The apartment is in great condition, featuring a comfortable layout with a spacious living area, separate bedroom, and plenty of natural light throughout. With very low monthly maintenance, this home presents an incredible opportunity for both first-time buyers and long-term owners alike.

Building Details & Highlights:

HDFC cooperative with income restrictions

Apartment in excellent move-in condition

Exceptionally low maintenance fees

Flip tax schedule applies (details below)

Close to the A/C/E, 1/2/3, and L trains for easy commuting

Surrounded by Chelsea’s best restaurants, boutiques, art galleries, and nightlife

Pet-friendly

Flip Tax Structure:

1–5 years ownership: 70% HDFC / 30% shareholder profit

6–10 years ownership: 55% HDFC / 45% shareholder profit

11–15 years ownership: 40% HDFC / 60% shareholder profit

16–25 years ownership: 25% HDFC / 75% shareholder profit

This is a rare chance to purchase in a prime Manhattan neighborhood at an affordable price point. With its great condition, unbeatable location, and low carrying costs, 228 W 17th Street, Unit 2B is an excellent opportunity to call Chelsea home. © 2025 OneKey™ MLS, LLC