509 West 23rd Street
New York, NY 10011
Cross street:Eleventh Avenue

Building

Type:Low-rise
Era:Post-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 12
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price:$10,000,000
Real estate tax:$19,749
594 Broadway, New York, NY 10012, USA
Listing Courtesy of Keller Williams NYC

Description

Entire Mixed-Use Building for Sale – Prime West Chelsea, Directly on the High Line 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

Amenities

Garage; Garden; Roof Deck;
  • Garage
  • Garden
  • Roof Deck
  • Voice Intercom

Neighborhood

More listings:

Entire Mixed Use Building for Sale Prime West Chelsea, Directly on the High Line Asking Price 10, 000, 000 A rare investment opportunity in prime West Chelsea s gallery district, ...


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