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Duplex Residential Income Property
New
For Sale
$4,500,000

559 W 23rd Street 5/6, New York City, NY 10011

Two-level residence with terraces, flexible office space, private storage, and access to boutique-building amenities.

Property Size2,410 SF
Price / SF$1,867
Days on Market4

Property Features for 559 W 23rd Street 5/6

General Information

Standard status Active
Size 2,410 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR/4BA
Multifamily Units 1

Additional Details

Furnished No

Taxes and HOA fees

Annual Taxes $64,907

Amenities

virtual doorman
bicycle storage
gym
private storage
washer/dryer
central air and heating
two terraces
wet bar

Building Details

Building Size 2,410 SF
Year Built 2015
Listing Agency: Compass
Listed By: Nicholas H Gavin
Source: Carlinwright
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 1:45PM

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 Compass

Investment Insights

Based on property information with market context.

Residence 5/6 is a two-level duplex within a six-unit residential building completed in 2015. The approximately 2,410-square-foot home includes three bedrooms, a separate office or guest room with a Murphy bed, four full bathrooms, two terraces, and a double-height living room with 20-foot ceilings. Floor-to-ceiling windows, a semi-open kitchen, built-in wet bar, wine refrigerator, central air and heating, and an in-unit washer/dryer add to the interior specification. The primary suite includes a private terrace, walk-in closet measuring nearly 100 square feet, and a bathroom with dual vanities, a rain shower, and soaking tub. Private storage is also included.

The boutique building provides a virtual doorman, bicycle storage, and a gym. The property is near Hudson River Park, Hudson Yards, Chelsea Market, the Meatpacking District, Chelsea Piers, and galleries and art museums. Furniture may be purchased separately.

Key Highlights

  • Duplex residence measuring approximately 2,410 square feet
  • Three bedrooms, separate office or guest room, and four full bathrooms
  • Two terraces, including one adjoining the primary suite

Property Analytics

Current Use

Crossing Art Art Gallery

Suggested Use

Top Pick Pet Grooming Service Nursing Home Adult Day Care Buffet (Bike/Boat/Book/etc) Store 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.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

12,444
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-level residence with terraces, flexible office space, private storage, and access to boutique-building amenities.
Where is this residential income property located?
The property is located at 559 W 23rd Street 5/6 New York City, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Duplex residence measuring approximately 2,410 square feet; Three bedrooms, separate office or guest room, and four full bathrooms; Two terraces, including one adjoining the primary suite
More about this property
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