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213-219 W 23rd St
New York, NY 10011 Chelsea

$19,869,090 USD

Apartments Condo For Sale  •  27,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 89,900 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1903
  • Zoning C6-2
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Floor 1-3 Office 27,000 SF $19,869,090 USD
  • Unit Size: 27,000 SF
  • Condo Use: Office
  • Price: $19,869,090 USD
  • Sale Type: Investment
  • Price/SF: $735.89 USD
Description
Commercial Condo on Three Floors (1,2,3).

Sale Notes
Surmount is pleased to present the exclusive listing for Gym U NYC located at 213 West 23rd Street, New York, NY. The site consists of roughly 27,000 rentable square feet of building space. Gym U NYC is subject to a 10-year net lease which commenced 10/01/2022 and has over 6 years remaining. The current base rent is $786,763 with scheduled increases of 3% annually. In addition, the tenant pays monthly percentage rent bringing the total NOI to $1,092,763. Reach out to listing agents for additional details.

Description 

The property at 213 West 23rd Street is located in Chelsea, a mixed-use district in Manhattan known for residential towers, office space, hospitality destinations, and a strong retail presence. The building consists of multiple floors totaling approximately 27,000 SF and is classified as a specialty health and fitness center. It operates under a net lease structure with Gym U NYC as tenant. The site is near several subway lines, providing connectivity to surrounding boroughs and major nearby destinations including the Hudson Yards, Madison Square Garden, and Flatiron District. The property is also within proximity to multiple airports via regional transportation networks. Built in 1903 and renovated in 2004, the building is designed for fitness use under a condominium ownership structure.

Highlights

Generational Real Estate – High-Traffic Manhattan Location
Rare Triple-Net Lease in Manhattan
Significant Tenant Investment – Scaled, Multi-Level Fitness Facility

Property Flyers

Amenities

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
23 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 1 min 4 min 0.2 mi
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 3 min 9 min 0.5 mi
Transit/SubwayDriveWalkDistance
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 0 min 1 min 0.0 mi
23 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 0 min 3 min 0.1 mi
23 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 1 min 4 min 0.2 mi
28 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
LaGuardia 21 min - 9.9 mi
Newark Liberty International 22 min - 14.7 mi
John F Kennedy International 29 min - 17.9 mi
Daniel Price 918-510-6765 Surmount
Daniel Price 918-510-6765 Surmount