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Property profile & analytics
OFF-MARKET
Warehouses

358 23Rd St New York, NY 10011

3,300 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,300 square foot commercial property, located at 358 West 23rd Street in Manhattan, New York (zip code 10011), presents a unique investment opportunity. Currently configured as a beautifully renovated restaurant, this versatile space is suitable for a variety of commercial uses, including restaurant, warehouse, or office. The property sits on a 99 square foot lot and features a ceiling height of unspecified dimensions. Its prime location in Chelsea offers significant foot and car traffic, benefiting from proximity to the West Side Highway and the High Line. Nearby attractions include The Chelsea Hotel, The High Line, Gotham Comedy Club, Flatiron Building, The Standard Hotel, The Vessel, Rubin Museum, and numerous art galleries. The existing restaurant setup can be maintained or removed entirely, providing flexibility for the new owner. This is an excellent opportunity for business owners seeking a premium space in a vibrant area or for investors looking for a strong return. The asking price is $2,195,000. The property consists of one unit.

Property profile
Verified
Property type Warehouses
Total area 3,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tequila Chito's Mexican Bar & Grill Restaurant
  • Thermador Group Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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