$6,350,000
Updated 11 years ago
Sold

559 West 22nd Street

Chelsea, Manhattan | Tenth Ave & Eleventh Ave

7,408 Square FeetMixed Use

$6,350,000
floors4
Lot Size24'67"x75'
Built Size24'67"x75'
ZoneC6-3
Building TypeLow-Rise
RE Taxes$52,326
Price Per SF
$857

Listing Features

  • Original Details

Outdoor space and views

  • Park Views
  • Skyline Views
  • Townhouse Views
  • Treeline Views

Building Amenities

  • Voice Intercom

Property Description for 559 West 22nd Street

> ACCEPTED OFFER!! > WE ARE NOT ENTERTAINING OTHER OFFERS AT THIS TIME. > RARE INVESTMENT / DEVELOPMENT or USER PROPERTY FOR SALE ON PRIME WEST SIDE CHELSEA CORNER! > 559 West 22nd street is an approximately 7400 sqft mixed use property built full on a 25 by 75 foot lot. > The property zoned C6-3 with an R9 overlay lies in the special West Chelsea Highline District which permits total buildlable square footage of up to 13,500 square feet and allows for commercial or residential use. > This handsome four story building is ideally situated at the intersection of gallery lined West 22nd Street, Eleventh Avenue and the West Side Highway, steps from the Highline and across from the Chelsea Waterside Park , a new SkatePark, a dog park, children’s park and Pier 62. > The property has protected western views overlooking the Hudson River, parklands and beautiful sunsets. > The property has a fully fixtured, turnkey restaurant on the 1st floor, a renovated art gallery/ office space on the 2nd floor, a vacant 3rd floor loft, and 8 single occupancy rooms with 3 Rent regulated tenants remaining on the 4th floor. > A new owner can re lease out the building as is for an attractive return, reposition, develop or use the property. > The thousands of cars that drive by daily are excellent exposure for a user tenant or user owner - Hewlett Packard recently leased the building across the street for a new brand concept highway location. > The property is sold as is subject to existing tenancy. > Projected Gross income of approx $475,000. > Please Email for Full property setup. > HIGHLIGHTS: Amazing CORNER location on prime West Chelsea Highline block. Protected River and Park views. Excellent user opportunity. Strong income potential. Flexible zoning. Air Rights!

Building Details for 559 West 22nd Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1882
Floors4
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.45 miles

Citi Bike

W 22 St & 10 Ave
0.11 miles
Pier 61 at Chelsea Piers
0.12 miles

Contact Agents

Contact Agents

Ilan Rosenthal
Living New York
Kevin McWilliams
Living New York

Chelsea | Manhattan

Quick Profile

The row houses portray the world-class architecture of Greek Revival, Italianate and Georgian styles. The population is both ethnically and socially diverse, which is reflected in the restaurants and retail businesses in the neighborhood. 

Western Chelsea is the center of the NYC art world, where you will find more than 200 art galleries housed in rehabbed factories and warehouses, as well as in newly-constructed buildings.

While people of many different cultures call Chelsea home, it has been a mecca over the years for people in the LGBTQ community. One census reported that as many as 22% of its residents were gay couples. Eighth Avenue is a trendy area for LGBTQ-oriented dining and shopping. Although it no longer draws the LGBTQ population that it once did, Chelsea still has many popular alternative bars.  

Chelsea is primarily residential, consisting of a mixture of diverse complexes, low-rise apartment blocks, tenements, townhouses, renovated row houses, and luxury high-rises. 

Chelsea is an interesting and sought-after place to live, with unique clothing boutiques, restaurants, and delis representing cultures from around the world. In addition to its quirky establishments, Chelsea has fine dining restaurants and a vibrant, hip nightlife, which adds to its allure.

Chelsea is well-served by public transportation. At least six city bus routes traverse Chelsea. There are three NYC subway routes with stops on Seventh Avenue, three on Eighth Avenue, and two more on Sixth Avenue. The 34th Street - Hudson Yards Station opened in 2015 with its main entrance in Chelsea.  

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.
OLR ID: 28300TH