REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,195,000
Est. payment /mo
Active
358 West 23rd ST New York, NY 10011
3,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $665
MLS Listing ID 503146
Annual Tax Amount $61,761
Property Sub-Type Commercial
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.
Location
State NY
County New York (manhattan)
Area Chelsea
Zoning C16A
Rooms
Basement Separate Entrance, Storage
Interior
Interior Features Fire - Smoke Alarm, Fire Sprinkler, Kitchen
Equipment All existing restaurant equipment, commercial kitchen infrastructure, walk-in cooler, bar, and related fixtures are included at no additional cost if desired.
Exterior
Exterior Feature Brick
Roof Type Flat
Present Use Restaurant
Building
Foundation Block
Others
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by E House Realty & Mgt. Inc.