336 W 23rd St 3 Unit Apartment Building $22,500,000 ($7,500,000/Unit) New York, NY 10011

Douglas Elliman Commercial presents 336 West 23rd Street, a rare 25-foot-wide Italianate-style elevator townhouse in the heart of Chelsea, New York City. Originally constructed in 1855 and meticulously redeveloped, this mixed-use asset spans approximately 16,000 square feet across eight levels and offers a compelling blend of historic character and modern luxury. Delivered mostly vacant, the property is ideal for investors, end-users, or developers seeking a flagship presence in one of Manhattan’s most dynamic neighborhoods.
The building features two expansive duplex residences and a penthouse guest suite, each with private terraces, radiant floor heating, and skyline views. The commercial component is a dramatic retail triplex with 13-foot ceilings, restored marble fireplaces, chandeliers, and a private garden, accessible via a dedicated commercial elevator. This space is perfectly suited for a gallery, boutique hospitality concept, or exclusive members’ club.
Located midblock between Ninth and Tenth Avenues, 336 West 23rd Street is steps from The High Line, Hudson Yards, Chelsea Market, and the West Side art galleries. The property’s flexible C1-6A zoning and overbuilt status allow for a wide range of uses, including luxury rental portfolio, single-family conversion, or condo development. With projected gross income exceeding $1.1 million and minimal operating expenses, this is a rare opportunity to acquire a legacy asset with both lifestyle and investment appeal.