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0 Beds
0 Baths
3,400 sqft

$8,700,000

509 W 23rd Street, New York City NY, 10011

Price per sqft$2,558.82
Built in1910
Property size3,400 sqft
Property typeMulti-family

Policies

Pets Allowed
Yes

Overview

Active

Listed Sep 22, 2025

Updated 2 days ago

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

$57,881/mo

Est. mortgage payment based on a $8,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

HOA Frequency
Monthly
View
Yes
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Listing Courtesy of Keller Williams NYC -  Andrew P Ziff

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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This 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

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