Active For Sale
509 W 23rd Street, New York City, NY 10011
509 W 23rd Street, New York City, NY 10011
  • $10,000,000

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

  • Address 509 W 23rd Street
  • City New York City
  • Zip/Postal Code 10011
  • Area Chelsea

Details

Updated on September 23, 2025 at 5:52 pm
  • Property ID: RLS20050229
  • Price: $10,000,000
  • Property Size: 3400 Sqft
  • Rooms: 12
  • Year Built: 1910
  • Property Type: Multi Family, Residential
  • Property Status: Active, For Sale

Additional details

  • County: New York
  • Property Type: Residential

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

What's Nearby?

VALIDATION_ERROR: '' is too short

Contact Information

View Listings
Filipacchi Foussard

Enquire About This Property

Similar Listings

Compare listings

Compare
Filipacchi Foussard
  • Filipacchi Foussard