Retail

Prime Retail Space on West 23rd Street – 163 W 23rd Street, Chelsea / Flatiron District

Address: 163 West 23rd Street, New York, NY, 10011
Price: $50,000/month
Square Feet: 2,400 SF
Type: Retail Space

Property Overview:

Located on West 23rd Street in the heart of Chelsea / Flatiron District — one of Manhattan’s most dynamic, desirable, and centrally located neighborhoods — 163 W 23rd Street offers 2,400 SF of prime retail space at a premium price befitting this high-traffic, vibrant corridor. Ideal for fitness centers, restaurants, showrooms, experiential retail concepts, or service-based businesses. Situated between Seventh Avenue and Eighth Avenue, this space benefits from proximity to Madison Square Park, the Flatiron Building, Chelsea Market, the High Line, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Chelsea / Flatiron District / West 23rd Street Location:

• Situated on West 23rd Street, a vibrant east-west thoroughfare that serves as a primary commercial artery connecting Chelsea (west), Flatiron District (east), and NoMad (north) — three of Manhattan’s most dynamic, desirable, and centrally located neighborhoods.
• Located between Seventh Avenue and Eighth Avenue, placing your business at the center of one of Manhattan’s highest-foot-traffic and most commercially active corridors.
• Just steps from Madison Square Park (23rd-26th Streets between Fifth and Madison Avenues), a beloved neighborhood hub featuring Shake Shack, Eataly, seasonal events, art installations, and beautiful green space — generating strong foot traffic from office workers, residents, and tourists.
• Minutes from the Flatiron Building (23rd Street and Fifth Avenue), Union Square (14th Street), Chelsea Market, the High Line, the Meatpacking District, and Koreatown (32nd Street).

Massive Foot Traffic – 24/7 Corridor:

• West 23rd Street between Seventh and Eighth Avenues is one of Manhattan’s busiest commercial corridors, drawing a constant flow of office workers, residents, shoppers, tourists, commuters, and dog walkers from nearby Madison Square Park.
• Madison Square Park serves as a central gathering place, drawing office workers for lunch breaks, meetings, and events, and creating a vibrant, energetic atmosphere.
• Strong daytime foot traffic from office workers and professionals, plus strong evening and weekend traffic from residents, tourists, and visitors to nearby restaurants and attractions.

Spacious & Flexible Retail Layout:

• 2,400 SF of generous retail space — ideally sized for a fitness center, restaurant, showroom, experiential retail concept, or service-based business.
• Attractive storefront with excellent street-level visibility on West 23rd Street, a high-traffic corridor with constant pedestrian and vehicular flow.
• High ceilings and open floor plan with minimal columns, allowing for easy customization to fit various business needs — from fitness equipment and dining room layouts to retail displays and showroom presentations.
• Large windows providing abundant natural light and prime window display opportunities.
• Potential for back-of-house space, kitchen, storage, office areas, or basement expansion depending on configuration.
• At $20.83 per square foot, this price reflects the premium nature of this prime location — competitive for this high-demand corridor.

Excellent Transit Access:

• Moments from the 23rd Street subway station (1) on Seventh Avenue and the 23rd Street station (C, E) on Eighth Avenue.
• Close to the 28th Street station (1) , 23rd Street station (N, Q, R, W) on Broadway, and 14th Street / Eighth Avenue station (A, C, E, L) .
• Short walk to Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Seventh Avenue, Eighth Avenue, and 23rd Street (M7, M11, M12, M20, M23, M55).
• Unbeatable commuter convenience for employees and customers from all five boroughs, New Jersey, Long Island, Westchester, and beyond.

Massive, Diverse & High-Spending Customer Base:

• Office workers — thousands of professionals employed in nearby tech headquarters (Google, Meta), creative agencies, and corporate offices, generating strong weekday foot traffic and lunchtime demand.
• Local residents — affluent community of Chelsea, Flatiron District, and surrounding neighborhoods, including young professionals, families, and longtime residents.
• Madison Square Park visitors — thousands of daily visitors to the park, including office workers, residents, tourists, and dog walkers.
• Tourists — visitors to the Flatiron Building, Madison Square Park, Chelsea Market, and the High Line.
• Shoppers — visitors to the area’s boutiques, showrooms, and retail destinations.
• Ideal for businesses such as:
• Fitness center (gym, yoga, Pilates, cycling, CrossFit)
• Full-service restaurant or café
• Experiential retail or brand flagship
• Showroom or design studio (fashion, home, tech)
• Specialty food market or grocery
• Medical or dental practice
• Urgent care or walk-in clinic
• Pharmacy or drugstore

Highlights:
✔ 2,400 SF of prime retail space on West 23rd Street in Chelsea / Flatiron District
✔ $50,000/month — premium location at $20.83 per square foot
✔ Attractive storefront with excellent visibility on a high-traffic corridor
✔ Steps from Madison Square Park, Flatiron Building, and Union Square
✔ High ceilings and open floor plan — ideal for fitness, restaurant, showroom, or experiential retail
✔ Massive foot traffic — office workers, residents, tourists, and shoppers
✔ Unbeatable transit access — 1, C, E, N, Q, R, W, A, L, 2, 3, 4, 5, 6, B, D, F, M trains, plus Penn Station

Conclusion:

163 W 23rd Street offers an exceptional opportunity for fitness operators, restaurateurs, retailers, and brands seeking prime, high-visibility retail space in the heart of Chelsea / Flatiron District — one of Manhattan’s most dynamic, desirable, and centrally located neighborhoods, steps from Madison Square Park and the Flatiron Building. With 2,400 SF of flexible, high-ceiling space, a prime West 23rd Street location at the crossroads of Chelsea and the Flatiron District, and access to a massive, diverse, high-spending customer base of office workers, residents, tourists, and shoppers, this property is perfect for fitness centers, restaurants, showrooms, experiential retail concepts, or medical offices looking to thrive in one of New York City’s most vibrant and centrally located neighborhoods — at a premium price befitting this prime location.

Contact us today to schedule a private tour and secure this premier Chelsea / Flatiron District retail space!