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Restaurant Condominium with Event Garden
For Sale
$2,195,000

358 W 23rd Street, New York, NY 10011

Commercial, New York, NY

Property Size3,300 SF
Lot Size0.06 Acres
Price / SF$665.15
Days on Market50

Property Features for 358 W 23rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C16A
Subdivision Chelsea
Standard status Active
Size 3,300 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 61761

Amenities

enclosed rear garden/event space
private office
full bathroom
employee area
storage

Building Details

Number of units 1
Building materials Brick
Roof type Flat
Listing Agency: E House Realty & Mgt. Inc.
Listed By: MeiJuan (Mandy) Jiang
Added: Jul 20 Changed: Sep 5 Last Checked: Sep 7 at 1:06PM
MLS# 503146

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,300-square-foot commercial condominium at 358 W 23rd Street is configured as a restaurant with an expansive dining room and a four-season enclosed rear garden suited to events. The premises include a commercial kitchen, walk-in cooler, bar, and related fixtures, along with a basement containing a private office, full bathroom, employee area, and storage. Multiple egresses support the existing layout, while restaurant equipment and infrastructure may remain for a future operator.

The property occupies a 0.0567-acre site in Manhattan’s Chelsea area, near the High Line, West Side Highway, Chelsea Hotel, Flatiron District, The Standard Hotel, Gotham Comedy Club, and surrounding art galleries. Zoning is C16A. Vacant possession is available at closing, and alternate commercial configurations may be pursued subject to applicable approvals.

Key Highlights

  • 3,300 SF commercial condominium configured as a restaurant
  • Four‑season enclosed rear garden/event space
  • Commercial kitchen with walk‑in cooler, bar, and related fixtures

Property Analytics

Current Use

Tequila Chito's Mexican ... Restaurant Thermador Group Home Appliance Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,157
Businesses Nearby
236k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 39% Groceries 29% Dining 15% Shops & Services 12%
Food Bazaar Supermarket Groceries
58,994 visits/mo 0.3 miles
Old Navy Apparel
34,998 visits/mo 0.3 miles
Burlington Apparel
21,398 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,690 visits/mo 0.4 miles
PLS Financial Services Shops & Services
9,884 visits/mo 0.5 miles

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant possession includes an equipped kitchen, walk-in cooler, bar, and flexible ancillary space.
Where is this conventional restaurant located?
The property is located at 358 W 23rd Street New York, NY.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 3,300 SF commercial condominium configured as a restaurant; Four‑season enclosed rear garden/event space; Commercial kitchen with walk‑in cooler, bar, and related fixtures
More about this property
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