Entire Mixed-Use Building for Sale ? Prime West Chelsea, Directly on the High LineA rare offering in the heart of West Chelseas gallery district, this mixed-use building presents an exceptional opportunity combining residential stability, commercial visibility, and long-term investment potential. Positioned directly alongside the High Line, the property benefits from constant foot traffic, strong demand, and unparalleled neighborhood amenities.Property OverviewLocated 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 contains approximately 3,400 square feet and features three residential units and a sizeable ground-floor retail and commercial space. Built in 1910, the property blends historic character with adaptability for modern use. Building class: Certificate of Occupancy, Three Families with Commercial Space.Commercial SpaceGround floor: 700 square feetPrivate outdoor patio: 700 square feetBasement: 300 square feetFrontage: 15 feetThe commercial space is a clean vanilla box configuration located directly below the 23rd Street entrance to the High Line. Features include a private rear patio and garden, HVAC and MEPs in good working condition, a restroom in place, and suitability for any dry-use operator.Outdoor SpacesThe property includes a roof deck positioned approximately 15 feet above the High Line with strong southern views, as well as a private rear garden measuring roughly 33 feet by 19 feet.HighlightsThree residential apartments provide consistent income, while the expansive retail space delivers prime exposure for galleries, boutiques, or hospitality concepts. The building is steps from major cultural anchors including the Whitney Museum, the High Line, world-class galleries, luxury developments, and the Meatpacking District. Both the High Line-facing roof deck and the private rear garden are exceptionally rare amenities in this corridor. Strong retail demand and continued neighborhood growth further elevate the investment profile.TransportationClose proximity to the C and E trains at 23rd Street offers convenient access to Midtown, Downtown, and the wider Manhattan transit network.SummaryThis is a rare opportunity to acquire a full mixed-use building in one of Manhattans most desirable and culturally significant neighborhoods. The property has received multiple upgrades, with full details available upon request. It is ideal for investors, developers, or end-users seeking long-term value in a premier High Line location.Rent roll available upon request
Listed By
Agency Name: Keller Williams NYC
Agency Phone: 212-301-1140
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 19,255.11 per month $15,576.74 Principal & Interest $1,637.00 Property Tax $2,041.38 Homeowner's InsuranceSend an email with a link to
509 W 23rd Street, Manhattan, NY 10011.
509 W 23rd Street | MLS# RLS20050229
This home located at 509 W 23rd Street, Manhattan, NY 10011 is currently listed for sale with an asking price of $6,999,000. This property was built in 1910 and with 3400 sq. ft. W 23rd Street is located in the Chelsea subdivision. Search Chelsea real estate on www.joycerealty.com today.