Listed by BKREA
$7,250,000
159 West 23rd Street
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 8,948
Units 7
Tenancy Multi
Stories 5
Lot Size (SqFt) 2,452
Investment Type Stabilized
Multifamily | 7 Units
Marketing description
BKREA has been exclusively retained to arrange the sale of 159 West 23rd Street ("The Property"). Five-story mixed-use building located in Manhattan's Chelsea neighborhood. Positioned on the north side of West 23rd Street between Sixth and Seventh Avenues.
Investment highlights
- Located in a high–barrier-to-entry Manhattan submarket.
- Long-term retail income stability with 2034 lease expiration.
- Residential upside through vacant rent-stabilized units.
- Positioned within one of Manhattan’s strongest and most enduring demand corridors.
- Compelling opportunity for investors seeking stable cash flow and long-term appreciation.
Listing Contacts
Listed by BKREA
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