509 W 23rd Street Manhattan, NY 10011

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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $2,941
Subdivision Chelsea
MLS Listing ID RLS20050229
Bedrooms 3
HOA Y/N Yes
Year Built 1910
Property Sub-Type Multi Family
Property Description
Asking Price: $10,000,000
A rare investment opportunity in prime West Chelsea's gallery district, this mixed-use property offers the perfect balance of residential, commercial, and lifestyle value. Positioned directly alongside the world-renowned High Line, the building delivers unmatched visibility, consistent foot traffic, and exceptional long-term growth potential.
Property Overview
Located in West Chelsea, directly adjacent to the High Line. The lot measures 20 feet by 74 feet with a total lot size of 1,480 square feet. The building encompasses 3,400 square feet and includes three residential units along with a large ground-floor retail and commercial space. Built in 1910, the structure combines historic character with modern potential. Building class: C0, Three Families with Commercial.
Outdoor Spaces
The property includes a roof deck set approximately 15 feet above the High Line with dramatic southern-facing views, as well as a private 33 by 19 foot rear garden.
Highlights
Three residential apartments provide stable income, while the expansive retail or commercial space offers prime visibility for galleries, boutiques, or hospitality concepts. Perfectly situated in West Chelsea, steps from world-class art galleries, luxury developments, the Whitney Museum, and the Meatpacking District. Outdoor amenities include both a High Line-facing roof deck and a private garden, rare features in this location. Strong rental demand, a premier retail corridor, and continued neighborhood growth make this property an exceptional investment.
Transportation
Convenient access to the C and E trains at 23rd Street ensures quick connections to Midtown and Downtown Manhattan.
Summary
This is a rare chance to own a full mixed-use building in one of Manhattan's most iconic cultural corridors. The property has undergone multiple upgrades, with full details available to interested clients. It is ideally suited for investors, developers, or end-users seeking long-term value in a prime High Line location.
Rent Roll upon Request
Location
State NY
County New York
Interior
Furnishings Unfurnished
Fireplace No
Laundry In Unit
Exterior
Private Pool No
Building
Dwelling Type Multi Family,Mixed Use
Story 4
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Special Listing Condition Standard
Pets Allowed Building Cats OK, Building Dogs OK, Cats OK, Dogs OK

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