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West Chelsea Mixed-Use Asset

525 West 29th Street 29th St, New York, NY 10001

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For Sale

$8,500,000

Mixed-use property with High Line frontage and air rights.

Type:Commercial

HighLights

21,000 SF of Air Rights (Market Valuation: $300/SF) offering significant equity harvest potential.
Direct High Line Frontage in Manhattan's premier West Chelsea Art District.
High‑Yield Mixed‑Use Asset suitable for a 1031 exchange or private residence.
Stabilized, low‑overhead income stream with Gross Operating Income: $410,600.
Excellent transportation options with a Transit Score of 100 (Rider's Paradise).
Extremely walkable location with a Walk Score of 100 (Walker's Paradise).

We can help!

Listing Contact

Christina Sidoti

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For Sale

$8,500,000

Mixed-use property with High Line frontage and air rights.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:11 pm

Property Features for 525 West 29th Street 29th St

General Information

Standard status: Active
Property subtype: Commercial

We can help!

Listing Contact

Christina Sidoti

Listing agent Christina Sidoti

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Christina Sidoti

HighLights

21,000 SF of Air Rights (Market Valuation: $300/SF) offering significant equity harvest potential.
Direct High Line Frontage in Manhattan's premier West Chelsea Art District.
High‑Yield Mixed‑Use Asset suitable for a 1031 exchange or private residence.
Stabilized, low‑overhead income stream with Gross Operating Income: $410,600.
Excellent transportation options with a Transit Score of 100 (Rider's Paradise).
Extremely walkable location with a Walk Score of 100 (Walker's Paradise).

Overview

Located in Manhattan’s West Chelsea Art District, this mixed-use property offers a stabilized income stream and potential for equity harvesting via approximately 21,000 square feet of air rights. The property benefits from direct frontage on the High Line. The gross operating income is $410,600. The location has a walk score of 100, a transit score of 100, and a bike score of 91.

Location Intelligence

Current Use by Public Records

P V Enterprises Wedding Service Cotten Michael Marketing & Advertising Microscope Gallery Art Gallery Kahlo Restaurant

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Location Insight

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Local Demand

City: New York
County: New York
State: New York
Longitude: -73.9489942
Latitude: 40.6378628

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For sale
Mixed-use properties
NY
New York
10001
525 West 29th Street 29th St

What type of property is this?

Mixed-use property - Mixed-use property with High Line frontage and air rights.

Where is this mixed-use property located?

The property is located at 525 West 29th Street 29th St New York, NY.

What is the asking price?

The asking price for this property is $8,500,000.

What are key features of this property?

This property features: 21,000 SF of Air Rights (Market Valuation: $300/SF) offering significant equity harvest potential.; Direct High Line Frontage in Manhattan's premier West Chelsea Art District.; High‑Yield Mixed‑Use Asset suitable for a 1031 exchange or private residence.