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358 W 23rd Street

New York, NY 10011
  • $2,195,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 503146
UPDATED: 61 min ago
$2,195,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,300
    SQFT
  • $665
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

Exceptional opportunity to own a premium commercial condominium in the heart of Prime Chelsea on Manhattan’s West Side. Offering approximately 3,300 SF of commercial space, this property enjoys outstanding visibility, heavy pedestrian and vehicle traffic, and an unbeatable location just moments from the High Line, West Side Highway, Chelsea Hotel, Flatiron District, The Standard Hotel, Gotham Comedy Club, and numerous world-renowned art galleries. Currently configured as a fully operational restaurant, the value lies in the real estate—not the restaurant business. All existing restaurant equipment, commercial kitchen infrastructure, walk-in cooler, bar, and related fixtures are included at no additional cost if desired. Alternatively, the space can be reconfigured for a wide variety of commercial uses, subject to applicable approvals. Property features include an expansive dining area, four-season enclosed rear garden/event space, fully equipped commercial kitchen, immaculate basement with private office, full bathroom, employee area, storage, multiple egresses, and an efficient layout suitable for retail, medical, office, showroom, gallery, wellness, hospitality, and many other commercial uses. Vacant possession at closing. Based on current market conditions, the property has an estimated rental potential of approximately $24,000 per month, making it an excellent opportunity for both owner-users and long-term investors. Rarely does a commercial condominium of this size, flexibility, and location become available in one of Manhattan’s most sought-after neighborhoods.

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© 2026 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2026-09-07T08:00:18.877.
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358 W 23rd Street New York, NY 10011

  • Price: $2,195,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 61 min ago
  • MLS #: 503146
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,300
SQFT
$665
$/SQFT
Neighborhood:
Manhattan
County:
New York (Manhattan)
Area:
Chelsea
Property Description
Exceptional opportunity to own a premium commercial condominium in the heart of Prime Chelsea on Manhattan’s West Side. Offering approximately 3,300 SF of commercial space, this property enjoys outstanding visibility, heavy pedestrian and vehicle traffic, and an unbeatable location just moments from the High Line, West Side Highway, Chelsea Hotel, Flatiron District, The Standard Hotel, Gotham Comedy Club, and numerous world-renowned art galleries. Currently configured as a fully operational restaurant, the value lies in the real estate—not the restaurant business. All existing restaurant equipment, commercial kitchen infrastructure, walk-in cooler, bar, and related fixtures are included at no additional cost if desired. Alternatively, the space can be reconfigured for a wide variety of commercial uses, subject to applicable approvals. Property features include an expansive dining area, four-season enclosed rear garden/event space, fully equipped commercial kitchen, immaculate basement with private office, full bathroom, employee area, storage, multiple egresses, and an efficient layout suitable for retail, medical, office, showroom, gallery, wellness, hospitality, and many other commercial uses. Vacant possession at closing. Based on current market conditions, the property has an estimated rental potential of approximately $24,000 per month, making it an excellent opportunity for both owner-users and long-term investors. Rarely does a commercial condominium of this size, flexibility, and location become available in one of Manhattan’s most sought-after neighborhoods.
Exterior Features

Building Length 88.00 Building Width 25.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 99 Lot Size Width 25 Parking Attributes None Parking Feature Street Roof Flat

Interior Features

Basement Amenities Separate EntranceStorage Building Footprint Sq Ft 2200 Ceiling Height Other Commercial Features Interior Fire - Smoke AlarmFire SprinklerKitchen Equipment Included All existing restaurant equipmentcommercial kitchen infrastructurewalk-in coolerbarand related fixtures are included at no additional cost if desired. Foundation Details Block Lavatories None Walls Other

Property Features

ACUnits 2 Commercial Condo 1 Construction Type Attached Cross Street Name 9TH AVE Cross Street Name2 WEST 23RD ST Current Use Restaurant Electric 220 V Financing 1031 ExchangeBank MortgageCash Fuel Expense 0.00 Gross Income 276000 Lot Size Irregular YN 0 Number Of Stores 1 Potential Use BarHealth CareOfficeRestaurantRetail Property Sub Type Commercial Property Type Commercial Rent Income 23000 Sale Type Arm's Length Tax Amount 61761.00 Transaction Type Sale Utility Expense 0.00 Zoning C16A

Listing information © 2026 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of E House Realty & Mgt. Inc.: (718) 680-2776.


© 2026 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2026-09-07T08:00:18.877.
 
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