Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,350,000

· Closed October 14, 2012

559 W 22nd Street
Closed For Sale Mixed Use

$6,350,000

559 W 22nd Street

Chelsea, Manhattan

MLS® #RLS10409016

RLS at REBNY

Listing by Living Real Estate Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1882

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1882
Neighborhood Chelsea

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1882)

Property Details

Type Mixed Use
Baths null Full
Cross Street Tenth Avenue/Eleventh Avenue
Year Built 1882
Architectural Style Prewar
Block/Lot 694/1

Description

ACCEPTED OFFER!! - WE ARE NOT ENTERTAINING OTHER OFFERS AT THIS TIME RARE INVESTMENT / DEVELOPMENT or USER PROPERTY FOR SALE ON PRIME WEST SIDE CHELSEA CORNER! 559 West 22nd street is an approximately 7400 sqft mixed use property built full on a 25 by 75 foot lot. The property zoned C6-3 with an R9 overlay lies in the special West Chelsea Highline District which permits total buildlable square footage of up to 13,500 square feet and allows for commercial or residential use. This handsome four story building is ideally situated at the intersection of gallery lined West 22nd Street, Eleventh Avenue and the West Side Highway, steps from the Highline and across from the Chelsea Waterside Park , a new SkatePark, a dog park, children?s park and Pier 62. The property has protected western views overlooking the Hudson River, parklands and beautiful sunsets. The property has a fully fixtured, turnkey restaurant on the 1st floor, a renovated art gallery/ office space on the 2nd floor, a vacant 3rd floor loft, and 8 single occupancy rooms with 3 Rent regulated tenants remaining on the 4th floor. A new owner can re lease out the building as is for an attractive return, reposition, develop or use the property. The thousands of cars that drive by daily are excellent exposure for a user tenant or user owner - Hewlett Packard recently leased the building across the street for a new brand concept highway location. The property is sold as is subject to existing tenancy. Projected Gross income of approx $475,000. Please Email for Full property setup HIGHLIGHTS: ? Amazing CORNER location on prime West Chelsea Highline block. ? Protected River and Park views ? Excellent user opportunity ? Strong income potential ? Flexible zoning ? Air Rights!

Building Information

Total Units 3
Stories 4
Style Prewar

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

278

Median Asking Price

$1.85M

Median $/Sqft

$1,772

Avg Days on Market

N/A

New This Week

16

Price Reduced

25%

Sold (30 Days)

37

Median Sale Price

$1.86M

Live data from RLS at REBNY • Updated 4/8/26, 1:08 AM EST

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Location

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559 W 22nd Street, Chelsea, New York County • Near Tenth Avenue/Eleventh Avenue

MLS® ID: RLS10409016
First Listed: 9/24/2012
Closed: 10/14/2012
Contract Date: 4/16/2012

Listing Courtesy of Living Real Estate Group - Ilan Rosenthal

Listing Contact: (212) 760-2690 x

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/8/2026 at 5:08 AM UTC

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