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511 W 20th St

Chelsea, New York, NY
Total Size
9,250 sqft
Lot Size
2,300 sqft
Year Constructed
Year Renovated
Number of Buildings

About 511 W 20th St

The low-rise building at 511 West 20th Street in West Chelsea is situated along the elevated urban park known as the High Line. The 5-story building was constructed in 1920, and is a mixed-use residential building with one floor of retail space for rent.

Located on the ground floor, 1,500 square feet of retail space has 10’ high ceilings and 10 feet of frontage. The unit has an open floor plan, concrete flooring, and exposed ceilings. All uses will be considered.

The building stand right beside the High Line, a popular destination for locals and office workers, just across the street from the West 20th entrance. Signage potential is available for the side of the building that faces the High Line.

The lively and vibrant Chelsea micro market is an excellent location for retail interests. The area has seen a great deal of both commercial and residential growth. It is close to Greenwich Village, Gramercy Park, the Midtown Manhattan CBD, Murray Hill, SoHo, and TriBeCa.

The historical brick structure has attractive trim, including a bright red fire escape and matching doors at each floor. Easy access to and lovely views of the High Line make this a prime retail spot.

Internet Providers for 511 W 20th St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Chelsea

On average, listings lease in the $60's per square foot per year. The Chelsea region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the New York City market, the Chelsea region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Chelsea $66
Median Rate Median Size
New York City $65

Median Rate over Time in Chelsea