The Rubin Museum_Property for Sale
The Rubin Museum_Property for Sale

The Rubin Museum

140 West 17th Street, New York, NY, 10011, US

Description

JLL is pleased to present a rare opportunity to acquire an approximately 80,000-square-foot mixed-use assemblage at 140-154 West 17th Street, prominently positioned at the convergence of Chelsea, the Flatiron District, and Greenwich Village. Anchored by the former Rubin Museum of Art, which operated as a Chelsea cultural landmark for two decades prior to its closure in 2024, the property combines exceptional architectural character, significant historical provenance, and considerable adaptive reuse potential, complemented by integrated residential components.


Originally constructed as a collection of 19th-century row houses, the property was later transformed by Beyer Blinder Belle into Barney’s New York’s first women’s flagship before being reimagined in 2004 as the Rubin Museum of Art. Today, the former museum spans six floors of exhibition and operational space and is distinguished by soaring ceilings, dramatic spiral staircases, a light-filled central atrium, and expansive floor plates that provide remarkable flexibility for a variety of future uses. Supported by freight access, robust loading infrastructure, modern building systems, multiple elevators, and additional office condominium space, the assemblage offers a compelling combination of institutional quality improvements, residential income potential, and future repositioning opportunities within one of Manhattan’s most desirable neighborhoods.

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Attributes

Neighborhood
Chelsea / Flatiron District
Block / Lots
792 / 60-66 & 7502
Building Class
Mixed-Use
Year Built
Original Structure - 1906 (Former Barneys Building)
Total Building Area
~80,000 Gross Square Feet
Museum Space
~55,000 Gross Square Feet (6 Floors)
Residential Space
~25,000 Gross Square Feet (46 Units)
Sale Structure
Parcels available separately or together
Occupancy
Museum space vacant / Residential occupied

Media

Investment Highlights

  1. Rare 80,000± SF Mixed-Use Assemblage comprising the former Rubin Museum of Art, multifamily residential components, and ancillary office space in the heart of Chelsea.


  1. Flexible Acquisition Structure with the opportunity to purchase individual parcels or the complete assemblage, allowing investors to tailor ownership to specific investment objectives.


  1. Immediate Income Generation through the existing residential components, providing in-place cash flow while evaluating long-term repositioning strategies.


  1. Exceptional Adaptive Reuse Opportunity with the former museum space offering a highly flexible framework for residential, hospitality, office, retail, cultural, or institutional conversion.


  1. Architecturally Significant Asset featuring dramatic spiral staircases, soaring ceilings, a central atrium, and abundant natural light throughout the building.


  1. Prime Chelsea Location situated between Sixth and Seventh Avenues at the nexus of Chelsea, the Flatiron District, and Greenwich Village.


  1. Institutional-Quality Infrastructure including multiple elevators, climate-control systems, freight access, and robust loading capabilities capable of supporting intensive uses.


  1. Multiple Value Creation Pathways supported by a unique configuration that accommodates residential conversion, mixed-use development, hospitality, flagship retail, cultural, educational, or headquarters uses.


  1. Strong Neighborhood Fundamentals benefiting from exceptional walkability, premier dining and cultural amenities, extensive public transportation access, and continued demographic and investment growth.


  1. Landmark Presence with Cultural Significance offering investors the opportunity to acquire one of Manhattan's most distinctive and recognizable adaptive reuse assets.


The Rubin Museum 4_Property for Sale
The Rubin Museum 4_Property for Sale

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Last updated Sep 22, 2026