509 W 23rd Street UNIT

Entire Mixed‐Usе Buіlding fοr Ѕаle – Prime Weѕt Chеlѕеa, Dіrectly 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 continuous 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. 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. The commercial space is a clean vanilla box configuration located directly below the 23rd Street entrance to the High Line, offering immediate exposure to one of Manhattan’s busiest elevated parks. Outdoor Spaces The property includes a roof deck positioned approximately 15 feet above the High Line with strong sightlines and future development potential from the mezzanine, making this a flexible asset for retail, residential, commercial, or creative uses. Highlights Three residential apartments provide consistent income, while the expansive retail space delivers prominent exposure along the High Line. Additionally, built-in mezzanine space allows for increased usable area on the ground floor as well as the following features such as full bathrooms, full-length windows, and terracotta flooring throughout, which is also offered in the commercial space. Transportation Close proximity to the C and E trains at 23rd Street offers convenient access to Midtown, Downtown, and Brooklyn, further enhancing its appeal as a prime location for commercial and residential tenants. Summary This is a rare opportunity to acquire a full mixed-use building in one of Manhattan’s most desirable neighborhoods. The combination of high foot traffic, a prime waterfront location, and strong rental income makes this an exceptional investment opportunity. Rent roll available upon request