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509 W 27th St
New York, NY 10001
Retail Property For Sale
Investment Highlights
- Located steps from the High Line in West Chelsea’s arts district.
- Positioned near Hudson Yards and major luxury developments.
- Generous street frontage for strong visibility.
- Surrounded by world-class architecture and thriving cultural destinations.
Executive Summary
509 West 27th Street presents 5,395 SF of retail space designed for gallery, boutique retail, or cultural-driven concepts in one of Manhattan’s most dynamic neighborhoods. Positioned just steps from the High Line, this property offers generous ceiling heights and modern finishing, aligned with the aesthetic of surrounding luxury developments. Its location benefits from steady visitor traffic, premier condo residences, and high-income residential density, ensuring strong exposure and patronage. The area has experienced transformative investment and remains in demand for experiential retail uses. This building provides investors with an opportunity to secure a free-standing retail asset with long-term stability in West Chelsea’s sought-after corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,395 SF
Building Class
C
Year Built
2018
Percent Leased
100%
Building Height
1 Story
Building FAR
1.13
Lot Size
0.11 AC
Zoning
C6-3
Frontage
55’ on West 27th Street
Property Taxes
| Parcel Number | 0699-0025 | Improvements Assessment | $712,080 |
| Land Assessment | $1,125,000 | Total Assessment | $1,837,080 |
Property Taxes
Parcel Number
0699-0025
Land Assessment
$1,125,000
Improvements Assessment
$712,080
Total Assessment
$1,837,080
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