123125 W 20 Street, New York, NY 10011 (MLS # 2502659)
Twitter
Facebook
Email
|
Located in the heart of Chelsea, this five-story elevator building at 123-125 W 20th St offers a rare mixed-use investment opportunity with strong income potential and condo conversion opportunity. Spanning over 17,149 sq ft above ground plus a 4,749 sq ft finished cellar. Which it includes 3,416 sq ft of retail space. This modern, low-maintenance brick building currently includes 9 total units: five residential, two commercial storefronts, and two offices currently being converted to residential. Eight units will be delivered vacant, and all residential units are free market with private outdoor space, two full bathrooms, and condo conversion ready mechanicals including separate boilers, electrical panels, and meters. Recent upgrades include full exterior brick repointing, new windows and doors, renovated bathrooms, and a brand-new roof"”all completed in 2024. Ceiling heights range from over 10 feet on the upper floors to 8.5 feet in the basement. The property includes approximately 14,449 sq ft of unused air rights, offering future development potential or the option to sell at market value. One commercial tenant is in place through 2026, currently generating over 20K/month in rent with built-in escalations. Whether you're looking to hold as an income-producing asset or develop luxury condos, this is a premier opportunity in one of Manhattan's most desirable neighborhoods.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | Login to view Last Updated |
|---|---|---|---|
| YEAR BUILT | Login to view Year Built | COMMUNITY | Off Island |
| COUNTY | New York | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Off Island |
| CONSTRUCTION | Block, Brick, Other, Steel Siding |
| HEAT | Electric, Hot Water, Natural Gas |
| LOT | 4356 sq ft |
| LOT DIMENSIONS | 45 X 92 |
| SEWER | Public Sewer |
| STORIES | 5 |
| TAXES | 294647 |
| ZONING | C6 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Joann
Impellizine to contact you even if your name is on a Federal or State
"Do not call List".
Listed with DiTommaso Real Estate
All information deemed reliable, but not guaranteed accurate, and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor DiTommaso Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All information presented herein, including: property type, actual square footage, legal use of premises, room count, room dimensions, number of bedrooms, tax data, and property zoning should be verified by your qualified attorney, licensed architect, or tax professional.
Copyright 2026 Staten Island Board of Realtors, Inc. All rights reserved.
Copyright 2026 Staten Island Board of Realtors, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.