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  • 509 West 23rd Street
  • $ 10,000,000
509 West 23rd Street Chelsea New York NY 10011
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509 West 23rd Street

Chelsea   |   Eleventh Avenue & Tenth Avenue
Listing ID: 77089TH

  • $ 10,000,000
  • Bedrooms
  • Bathrooms
  • Low-RiseBuilding Type
  • 3,400/316 Approx. SF/SM

  • Details
    • Multi-FamilyOwnership
    • $ 19,749Anual RE Taxes
    • 20'x37'Building Size
    • 20'x74'Lot Size
    • 1910Year Built
    • ActiveStatus

509 West 23rd Street Chelsea New York NY 10011
  • 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

    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

    Listing Courtesy of Keller Williams NYC
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    M: 917-494-7209
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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© 2025 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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31 East 12th Street, New York, NY 10003
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