509 W 23rd Street
MLS® #RLS20050229
Listing by Keller Williams NYC
Studio
0
Bath
3,400
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Views: City, Neighborhood
- Character: Pre-war building (1910)
Property Details
Description
Entire Mixed-Use Building for Sale – Prime West Chelsea, Directly on the High Line A rare offering in the heart of West Chelsea’s 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 Overview Located 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 Space Ground floor: 700 square feet Private outdoor patio: 700 square feet Basement: 300 square feet Frontage: 15 feet The 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 Spaces The 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. Highlights Three 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. Transportation Close proximity to the C and E trains at 23rd Street offers convenient access to Midtown, Downtown, and the wider Manhattan transit network. Summary This is a rare opportunity to acquire a full mixed-use building in one of Manhattan’s 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
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Chelsea
View All Chelsea ListingsChelsea 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 seamlessly blends 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 NeighborhoodActive Listings
247
Median Asking Price
$2.29M
Median $/Sqft
$1,968
Avg Days on Market
N/A
New This Week
15
Price Reduced
31%
Sold (30 Days)
33
Median Sale Price
$2.15M
Live data from RLS at REBNY • Updated 2/16/26, 5:55 PM EST
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Location
509 W 23rd Street, Chelsea, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Keller Williams NYC - Andrew P Ziff
Listing Contact: (917) 468-7477
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RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 10:55 PM UTC