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Description

New to market, this 1,600-square-foot medical condominium is ideally positioned in the heart of Chelsea along busy West 23rd Street, a key east–west corridor known for strong foot traffic and excellent accessibility. The recently renovated, turnkey space presents a compelling ownership opportunity in a high-visibility location, complemented by reasonable common charges and real estate taxes. Ownership provides added financial benefits for medical professionals, with potential tax advantages including deductions for mortgage interest, property taxes, common charges, and depreciation—unlike leasing. A successful dermatology practice is also available for separate acquisition, further enhancing the value of this offering.

Listing Details

  • Space Type

    office

  • Sub Category

    medical

  • Sale Type

    Sale-Leaseback

  • Date Listed

    4/24/2026

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Stabilized

Property Specifics

  • Property Name

    420 W 23rd St

  • Property Class

    A

  • Building Size

    1,600 SF